313/196B Stacey Street, Bankstown NSW 2200

Contemporary design in Bankstown CBD | 2 bed 2 bath larger than typical | 3rd floor with district views | secure parking and storage | quarter strata $826 This property presents a competitively strong offering within the Bankstown CBD, distinguished by its generous two-bedroom, two-bathroom configuration and 116m² total area, which is notably larger than the building’s typical one-bedroom stock. Its practical layout, quality finishes, and sunny third-floor aspect with pleasant views create a rare premium unit in this market. The location is its core strength, providing immediate walkability to the station, sports club, and multicultural precinct, making it ideal for both owner-occupiers seeking convenience and investors targeting sustainable rental demand from a wide tenant pool. The primary decision factor is the identified flood overlay, a tangible risk that necessitates specific due diligence and may impact future insurance costs and capital growth. Against this, the property’s size and positioning command a rental yield supported by strong local demand, as evidenced by the comparable unit’s tenanted status. The quarterly strata levy is reasonable for a building of this age. This property is a hold for the medium term, best utilized as a primary residence to offset living costs or as an investment capturing steady yield in a transport-rich node, provided flood due diligence is conclusively addressed. Recent comparable sales data is limited, but the building provides a direct benchmark: Unit 314 in the same complex is a smaller one-bedroom, one-bathroom layout with a total area of 82m². This contrast underscores the subject property’s value proposition; its larger two-bedroom format commands a significant premium in both livability and rental appeal, justifying a higher price point within the precinct.