411/196B Stacey Street, Bankstown NSW 2200
411/196B Stacey Street, Bankstown NSW 2200
Larger 3-bed apartment with study | ensuite and balcony | flood planning constraint | secure parking | Bankstown location
This property is considered a strong option for buyers seeking a larger apartment in Bankstown. A study and ensuite are included, which is uncommon for typical apartment stock in the area. The secure parking and balcony are regarded as functional benefits. It is best suited to families or owner-occupiers who value space over pure investment yield.
The flood overlay may affect insurance costs and development potential, which should be investigated. The building age and floor level are not confirmed, so their condition may require inspection. The property may also achieve a different rental profile than smaller units with lower proportional yield but higher absolute rent.
Detailed Independent Property Report prepared by PropCred Analyst team for 411/196B Stacey Street, Bankstown NSW 2200
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Bankstown presents a compelling duality, with its established family housing market complemented by a dynamic and fast-moving unit sector. Demand is driven by a diverse mix, from families seeking larger homes to first home buyers and investors drawn to the accessible apartment market, where strong rental growth and rapid turnover indicate robust renter appeal. Recent price trends show solid capital appreciation across both property types, supported by a high volume of unit sales. Future growth is underpinned by this sustained demand for more affordable, strata-titled living, though the suburb’s relative income levels suggest a degree of affordability pressure compared to broader Sydney.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
144m²
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