Bankstown at a glance
37,490
People
$1,791,000
Median sale
$605/wk
Median rent
1.76%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
NSW › Bankstown › Pringle Ave
$929,950
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
196 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$929,950
Asking · $4,745/m² of land
No recorded sale for this property.
Bankstown at a glance
37,490
People
$1,791,000
Median sale
$605/wk
Median rent
1.76%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Bankstown
-48.1%
Median sale
Suburb $1,791,000
+1.62 pp
Gross yield
Suburb 1.76%
Suburb median $1,791,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$40,127 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Bankstown's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $605/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Bankstown at a glance
37,490
People
$1,791,000
Median sale
$605/wk
Median rent
1.76%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BankstownPositioned in a quiet setting within a small complex of just six, this spacious and well-presented three-bedroom townhouse offers an excellent opportunity for first-home buyers, families or savvy investors.
Conveniently located approximately 20 minutes' walk from Bankstown Station and the CBD, and just 9 minutes from St Brendan's Catholic Church and Primary School, the property combines space, comfort and convenience. There is a bus stop close by the complex. It is close to multiple good schools, shops, parks, and Bankstown Hospital.
Upstairs features three generously sized bedrooms, all with built-in wardrobes. The main bedroom also includes a versatile additional room that could be converted into a walk-in wardrobe or ensuite, subject to the necessary approvals.
The updated main bathroom features a separate shower and bathtub, while a separate toilet adds further convenience.
Downstairs, you'll find a stunning polyurethane kitchen equipped with stainless-steel appliances, electric cooking and a dishwasher. The spacious open-plan lounge and dining area is filled with natural light and creates a welcoming space for everyday living and entertaining. There is also a convenient downstairs toilet and internal laundry.
A single lock-up garage with internal access provides secure parking and additional flexibility, with the potential to convert the garage into a second living area, subject to approval.
Step outside to the generous private courtyard, complete with an undercover entertaining area - perfect for relaxing, entertaining family and friends, or enjoying outdoor living.
Additional features include:
• 129.4sqm internal living area
• 66.6sqm private courtyard
• 196sqm total area
• Polished timber flooring
• Split-system air conditioning
• Dishwasher
• Storage shed
• Internal laundry
• Downstairs and upstairs toilets
• Lock-up garage with internal access
• Additional registered car space
• Small complex of only six townhouses
Outgoings:
Strata | $815.84 per quarter
Council rates | $447 per quarter
Water rates | $226 per quarter
Currently rented with an expired lease, this property provides flexibility for an owner-occupier to move in or for an investor to secure a new tenancy. The estimated rental return is approximately $800-$850 per week.
With its generous proportions, practical layout, private outdoor space and convenient location, this is a townhouse that offers genuine size and versatility.
If space, quality and convenience are important to you, make sure this property is on your must-inspect list.
Inspections are by advertised open homes only.
Listing description written by Graeme Rudder, Ray White Bankstown — reproduced as published, not verified by Districts.