1/292 Stacey Street, Bankstown NSW 2200

1/292 Stacey Street, Bankstown NSW 2200
Large 142 m² two-bed with storeroom and garage | renovated interior in 1998 strata | ground level access | flood overlay present This property is considered larger and more functional than many two-bedroom apartments in Bankstown, with 142 square metres of internal space, a separate storeroom, and a secure lock-up garage. The interior has been renovated, including a modern bathroom and gas kitchen, which makes it feel updated rather than dated. It is best suited for first-home buyers or downsizers who want practical living without stairs, as ground level access is noted. The balcony off both bedrooms and the internal laundry also add everyday convenience. The flood overlay may need to be verified regarding insurance and resale impact, and it could influence how the property is valued. The building’s 1998 age means ongoing strata maintenance might be a consideration, especially without documented capital works or levy history. Value may also depend on the specific floor level and aspect, which are not confirmed from the available information. These factors should be explored before forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/292 Stacey Street, Bankstown NSW 2200
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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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

2

Bathroom

1

Parking

1

Land

1560m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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