Bankstown Aerodrome vs Milperra: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Bankstown Aerodrome and Milperra are both Canterbury-Bankstown rates (OLG suburbs, sitting 21.3 km and 22.5 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Bankstown Aerodrome runs $484 a year cheaper than Milperra, driven mostly by home insurance. Over 10 years at 3% growth that gap compounds to about $5,549.
Over 10 years these two cost about the same to run. The difference here isn't money — it's location, schools and lifestyle.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →Bankstown Aerodrome
Milperra
Annual cost breakdown
| Category | Bankstown Aerodrome | Milperra | Difference |
|---|---|---|---|
| Council rates | $1,377 | $1,377 | - |
| Water & sewerage | $1,548 | $1,548 | - |
| Commute (driving) | $5,281 | $5,465 | -$184 |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $2,950 | $3,250 | -$300 |
| Body corporate (unit) | $2,300 | $2,300 | - |
| Total (driving) | $11,156 | $11,640 | -$484 |
| Total (public transport) | $8,275 | $8,575 | -$300 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Bankstown Aerodrome | Milperra | Difference |
|---|---|---|---|
| House | $2,148 | $2,148 | - |
| Unit | $1,716 | $1,716 | - |
Estimated from AER residential benchmarks for each suburb's climate zone at 2025 rates (QLD 30c/kWh, NSW 33c/kWh incl. supply charge; unit ≈ 75% of a house). Get the free report for a breakdown by your exact number of occupants.
Cost breakdown chart
Annual cost breakdown — Bankstown Aerodrome vs Milperra (2026-27)
What the numbers show
Bankstown Aerodrome costs $484 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $5,549 in favour of Bankstown Aerodrome.
The biggest single gap is home insurance at $300 per year. Milperra carries high flood risk, which pushes estimated premiums higher.
On public transport the gap is $300 per year, $8,275 from Bankstown Aerodrome versus $8,575 from Milperra.
10-year cumulative cost projection
| Year | Bankstown Aerodrome cumulative | Milperra cumulative | Difference |
|---|---|---|---|
| Year 1 | $11,156 | $11,640 | $484 |
| Year 3 | $34,482 | $35,978 | $1,496 |
| Year 5 | $59,229 | $61,798 | $2,569 |
| Year 10 | $127,891 | $133,440 | $5,549 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Bankstown Aerodrome or Milperra cheaper to live in?
Bankstown Aerodrome is cheaper to run by car at $11,156 per year versus $11,640 for Milperra, a difference of $484 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Bankstown Aerodrome and Milperra?
Annual council rates for a house are $1,377 in Bankstown Aerodrome (Canterbury-Bankstown rates (OLG) and $1,377 in Milperra (Canterbury-Bankstown rates (OLG). Water and sewerage adds $1,548 in Bankstown Aerodrome and $1,548 in Milperra. Both figures are the average residential rate reported to the Office of Local Government, uplifted by each council's IPART rate peg.
How does the commute cost compare between Bankstown Aerodrome and Milperra?
Annual driving commute costs are $5,281 from Bankstown Aerodrome and $5,465 from Milperra to Sydney CBD (ATO 88c/km). Public transport costs $2,400 from Bankstown Aerodrome and $2,400 from Milperra.
What is the 10-year cost difference between Bankstown Aerodrome and Milperra?
At 3% annual cost growth, Bankstown Aerodrome costs a cumulative $127,891 and Milperra costs $133,440 over 10 years by car. The cumulative difference is $5,549 in favour of Bankstown Aerodrome. Excludes purchase price, mortgage, and personal expenses.
Which of Bankstown Aerodrome and Milperra is best to actually live in?
You've got the costs. Get the free personalised report for the rest: a clear verdict on which suburb wins, the full flood, fire and crime risk profile, nearest schools, estimated electricity cost by number of occupants, and your own loan or rent stress-tested over 10 years. No spam.
Related comparisons
Sources: Canterbury-Bankstown rates (OLG and Canterbury-Bankstown rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 88c/km, and SuburbCost AI insurance estimates. Data updated July 2026.