Bankstown vs Condell Park: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 91c/km, Opal & Translink fares, AER electricity benchmarks
Bankstown and Condell Park are both Canterbury-Bankstown rates (OLG suburbs, sitting 17.3 km and 18.9 km from Sydney CBD respectively, and are commonly compared by buyers weighing up running costs within the same council area.
Bankstown runs $306 a year cheaper than Condell Park, driven mostly by the commute. Over 10 years at 3% growth that gap compounds to about $3,508.
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
Condell Park
Annual cost breakdown
| Category | Bankstown | Condell Park | Difference |
|---|---|---|---|
| Council rates | $1,377 | $1,377 | - |
| Water & sewerage | $1,548 | $1,548 | - |
| Commute (driving) | $4,738 | $5,044 | -$306 |
| Commute (public transport) | $2,386 | $2,386 | - |
| Home insurance | $2,300 | $2,300 | - |
| Body corporate (unit) | $2,300 | $2,300 | - |
| Total (driving) | $9,963 | $10,269 | -$306 |
| Total (public transport) | $7,611 | $7,611 | - |
Green = cheaper. Commute: ATO 91c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Bankstown | Condell Park | Difference |
|---|---|---|---|
| House | $2,342 | $2,342 | - |
| Unit | $1,909 | $1,909 | - |
Estimated from AER residential benchmarks for each suburb's climate zone at 2026-27 regulated prices for each suburb's electricity network, including supply charge (AER Default Market Offer caps, or the QCA price in regional Queensland; 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 vs Condell Park (2026-27)
What the numbers show
Bankstown costs $306 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $3,508 in favour of Bankstown.
The biggest single gap is commute costs at $306 per year. Condell Park is 18.9 km from Sydney CBD, which drives higher annual driving costs at the ATO rate of 91c/km.
On public transport the two suburbs cost almost the same, $7,611 and $7,611 a year, so the $306 driving gap nearly closes if you commute by public transport.
Where the difference actually comes from
- Council rates is identical at $1,377 a year.
- Water and sewerage is identical at $1,548 a year.
- Driving commute favours Bankstown by $306 a year, $4,738 against $5,044.
- Building insurance is identical at $2,300 a year.
Both suburbs sit in the same council area, so the rates line is identical and none of the difference between them comes from council. What separates them is commute distance.
10-year cumulative cost projection
| Year | Bankstown cumulative | Condell Park cumulative | Difference |
|---|---|---|---|
| Year 1 | $9,963 | $10,269 | $306 |
| Year 3 | $30,795 | $31,740 | $945 |
| Year 5 | $52,895 | $54,520 | $1,625 |
| Year 10 | $114,215 | $117,723 | $3,508 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Bankstown or Condell Park cheaper to live in?
Bankstown is cheaper to run by car at $9,963 per year versus $10,269 for Condell Park, a difference of $306 annually. Figures cover council rates, water, commute (ATO 91c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Bankstown and Condell Park?
Annual council rates for a house are $1,377 in Bankstown (Canterbury-Bankstown rates (OLG) and $1,377 in Condell Park (Canterbury-Bankstown rates (OLG). Water and sewerage adds $1,548 in Bankstown and $1,548 in Condell Park. 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 and Condell Park?
Annual driving commute costs are $4,738 from Bankstown and $5,044 from Condell Park to Sydney CBD (ATO 91c/km). Public transport costs $2,386 from Bankstown and $2,386 from Condell Park.
What is the 10-year cost difference between Bankstown and Condell Park?
At 3% annual cost growth, Bankstown costs a cumulative $114,215 and Condell Park costs $117,723 over 10 years by car. The cumulative difference is $3,508 in favour of Bankstown. Excludes purchase price, mortgage, and personal expenses.
Which of Bankstown and Condell Park 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 91c/km, and SuburbCost AI insurance estimates. Data updated July 2026.