NSW Registered Law Firm, LEAD Conveyancing

s149 / s10.7s + Lawyer included in fixed fee
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Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

1. Send us a copy of the contract & when you’ll make an offer
2. Tell us when you’d like to settle on the property
3. We’ll achieve a satisfactory outcome for you

1. Send us a copy of the contract or instruct us to draft it
2. Tell us more about the property you’re selling
3. We’ll achieve an on-time settlement for you

1. Let us know what you are proposing to do
2. We'll review the contract & s10.7 looking for red-flags
3. We’ll suggest changes & special conditions in the contract to protect your interest

Bankstown is a suburb in the southwest of Sydney in New South Wales. This suburb has a thriving local community of residents who live in owner-occupied and rental properties. With a population of more than 32,000 people, this community has a thriving local real estate market that has witnessed tremendous growth over the last few years. Bankstown has an enviable record of achieving an amazing growth rate and a rise in house prices over the last five years. The average capital gain value for real estate is 10.79% over the last 10 years.

For last year alone, the area recorded a capital gain of 1.69%. Despite the lower growth rate compared to other surrounding suburbs, Bankstown remains one of the best places to invest in real estate. The community has also done quite well when you compare the positive appreciation rates to the national average. Currently, the average median price for homes in the area is above $1 million, which is higher than the national average and one of the highest in New South Wales.

Another fascinating trend witnessed in Bankstown is that home prices have steadily increased at a rate of 0.56% per annum. This trend is great news for investors looking for properties with positive growth trends. So, if you were to invest in Bankstown, you are sure of earning good returns from your properties.

• Properties listed for sale stay on the market for at least 83.1 days before they are bought
• The average rent is $500, which is a 2.47% rental yield per annum
• Bankstown occupies 331st spot on the list of suburbs with the highest property gains percentages
• 54.2% of properties in Bankstown are owner-occupied

Conveyancing is an all-important process as far as real estate acquisitions are concerned, and investors who take this process lightly may end up encountering difficulties regarding the documentation process. Conveyancing refers to the procedural steps required to transfer the ownership of an asset from the former owner to the new owner. After conveyancing is done, the property will bear the name of the new owner.

If you plan to buy a house in Bankstown anytime soon, you cannot afford to give the documentation responsibility to any average joe. What you need is an experienced professional to handle the process for you. The last thing you want is a misspelt name of a wrong entry in the document that will put you in a terrible situation.

With the support of a qualified professional, the smooth transfer of the title deeds for the property will not just be a possibility but an inevitability.

Bankstown is a suburb that lies just off the Southwest region of Sydney, in New South Wales state of Australia. The distance between Bankstown and Sydney is just 16 km, so many people who live in Bankstown work in Sydney. This town, established in 1795, has a population of 32,113.  Before the European incursion, Bankstown was covered by the Cumberland Plains Woodland and the Turpentine Ironbark forest.

The area was formerly the homeland of the Bediagal tribe, and their land bordered the Dating and the Dharawal people. However, by 1759 Europeans had begun to migrate to the area when George Bass and Matthew Flinders explored the land up to the Georges River. After their exploratory activities, they reported their findings to Governor Hunter detailing the favorable geography of the area. This prompted Governor Hunter to explore the area in person, and when he saw this to be true, he established one of the first-ever colonies in the area, which he called Bank’s Town. Today, Bank and town have been merged to be called Bankstown.

There are conflicting reasons why the Governor named it so, but one of the widely accepted reasons was that Hunter named it after Sir Joseph Banks, who had traveled to Australia in the company of the legendary Captain James Cook in 1770. Today, the area where the first European settlement was cited is now part of Mirambeena Regional Park.

Surrounding suburbs close to Bankstown are

• Chullora 
• Condell Park
• Mount Lewis Punchbowl
• Revesby
• Yagoona
• Greenacre

Looking for local attractions in the area, you will be pleased to know that there are more than a few. Bankstown is also surrounded by close communities with their own share of historical landmarks and fun sites. Here are some of the places worth visiting

Belmore Sports Ground

The sports ground in Belmore is the traditional ground of the rugby team, the Canterbury Bankstown Bulldogs. This is the ground where the Bulldogs play their home matches, and on match days, the atmosphere is wild and exciting. Though the Bulldogs play some of their home games at Sydney’s 80,000 seater ANZ stadium, the atmosphere when they play at Belmore is turbocharged. So if you decide to live in Bankstown, make it a date to watch a Bulldogs game a few times every year when you can.

Ice Skating Rink

There is an Ice Skating Rink in Canterbury you can visit if you enjoy ice skating. Many people come here to escape the Sydney heat, and several skating clubs use this facility. You can even hire skates here for $3 a pair if you don’t have your own. The entrance feels $22 for adults and teenagers and $19 for 12-year-olds and younger.

Canterbury Racecourse

Canterbury Racecourse is another popular location for the locals. This course is one of the best in the whole of New South Wales with first-class facilities and a collection of restaurants and relaxation spots. There is even a food market where you can buy different menus. Canterbury Racecourse has free parking space, free Wifi, and other social facilities.

Canterbury Golf course

If you like golf and will like to compete with amateurs and semi-professional players, the Golf course is the place to be. It is located off Moorefields Road, and the entrance fee is cheap at just $17.50. The course is open to the public seven days a week.

Other local attractions are

• Bankstown Basketball Stadium
• Dunc Gray Velodrome
• Morris indoor Sport Center
• Roseland Aquatic