1102/196A Stacey Street, Bankstown NSW 2200

2-bed, 2-bath apartment | 100m² floorplate | flood overlay applies | strong rental yield potential This unit offers a genuinely rare combination in Bankstown’s apartment market: a full 100m² of internal space with two bathrooms and a dedicated car space. For a buyer seeking long-term owner-occupier comfort or a high-yielding investment, the floorplan provides a structural advantage over the typical compact two-bedroom product. The building’s recorded rental yields near 7% suggest consistent tenant demand, and the FTTP internet connection supports professional or remote-working households. This property is best suited to a buyer who prioritises space and yield over pristine location risk. The flood overlay is the single material risk here, and it must be treated seriously. Insurance premiums will be elevated, and resale liquidity may narrow to buyers who either accept or overlook flood exposure. That said, the overlay is known and priced into the current valuation range, which sits below replacement cost for this size. The opportunity lies in negotiating a discount that compensates for the insurance burden, while securing a unit with floor area and amenity that rarely trades at this entry point in the suburb.