411/196B Stacey Street, Bankstown NSW 2200

3 bed + study | 2 bath | 144m² | flood overlay | larger format unit in Bankstown What is competitively strong about this property is its size and configuration. A three-bedroom apartment with a separate study and two bathrooms on a 144 square metre lot is not common in Bankstown’s apartment stock, which tends toward smaller one and two bedroom investor units. This makes the property particularly well suited for owner occupiers, especially small families or downsizers who want more space than a typical unit but still want apartment living. The flood overlay is noted but does not appear to be a dealbreaker given the building’s residential status and the lack of any bushfire or heritage constraints. The property’s position in a building with secure parking, lift access, and contemporary finishes further strengthens its appeal for those prioritising convenience and amenity near transport and shopping. What may materially affect value is the flood overlay, which could influence insurance costs and buyer perception, though its actual impact depends on the building’s elevation and history. The lack of confirmed building age means maintenance and strata risk cannot be fully assessed from available data, and a older building may carry higher levies or future capital works costs. The property’s floor level and aspect are also unconfirmed, which matters for light, outlook, and noise , a lower floor with a poor aspect could feel less desirable than a higher unit with views. These factors should be weighed when forming a view on price, but they do not diminish the property’s fundamental advantage in size and layout.