Area profile · Greater Sydney
Banksmeadow has an estimated 697 residents, up 37.2% since the 2021 Census, with 114 projects tracked in the area around Banksmeadow.
Updated 19 Dec 2025.
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The Banksmeadow Statistical Area (Lv2), situated a convenient 8.8 kilometres south from Sydney's CBD, has seen significant population growth leading up to November 2025. According to AreaSearch estimates, Banksmeadow's population has risen to approximately 697 residents by this date. This marked an increase of 199 people (40.0%) since the 2021 Census, which recorded a population of 498. This growth can be attributed to the area's estimated resident population figure of 645 from the ABS as of June 2024, along with an additional 83 validated new addresses since the Census date.
Banksmeadow's demographic profile reveals a high proportion of young adults and working-age individuals, with many residing in group households or couples without children. This population is notably well-educated and culturally diverse, contributing to the area's affluent character. The high sales activity relative to its population size further underscores Banksmeadow's attractiveness as a residential location.
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01Profile
The analysis, national rankings and who lives there.
The Banksmeadow Statistical Area (Lv2), situated a convenient 8.8 kilometres south from Sydney's CBD, has seen significant population growth leading up to November 2025. According to AreaSearch estimates, Banksmeadow's population has risen to approximately 697 residents by this date. This marked an increase of 199 people (40.0%) since the 2021 Census, which recorded a population of 498. This growth can be attributed to the area's estimated resident population figure of 645 from the ABS as of June 2024, along with an additional 83 validated new addresses since the Census date.
Banksmeadow's demographic profile reveals a high proportion of young adults and working-age individuals, with many residing in group households or couples without children. This population is notably well-educated and culturally diverse, contributing to the area's affluent character. The high sales activity relative to its population size further underscores Banksmeadow's attractiveness as a residential location.
Estimated resident population by year (ABS, not Census counts): 14 in 2001 and 645 in 2024. The dashed segment ends at the AreaSearch estimate for Nov 2025: 697 (ABS June 2024 base).
Share of residents in each age band (ABS age profile, scaled to the Nov 2025 AreaSearch estimate). Largest: 25 to 34, 24.7%.
Share of households in each weekly household income band (2021 Census). Largest: $1,500 - 2,999, 44.1%.
Banksmeadow ranks in the 99th percentile nationally for population growth and the 98th for health.
Each bar and spoke is a national percentile; the dashed ring is the typical area. 99th = higher than 99 in every 100 neighbourhood-sized areas across Australia (ABS SA2 areas). Higher means more of the measure, not necessarily better. Orange marks the top three measures where a higher percentile is better; not Age, Housing or Housing Cost.
02Market and pipeline
Rents, sale prices and what is being built.
In Banksmeadow the median unit price is $980k.
| Address | Sale price | Settled | Address type |
|---|---|---|---|
| 27/13 Baker Street, Banksmeadow NSW 2019 | $4,070,000 | 30 Jun 2026 | Unit |
| 15/45 Green Street, Banksmeadow NSW 2019 | $950,000 | 16 Jun 2026 | Unit |
| 28/8 Jullian Close, Banksmeadow NSW 2019 | $1,250,000 | 14 May 2026 | Unit |
| 611/42 Page Street Pagewood NSW 2035 | $1,160,000 | 2 Apr 2026 | Unit |
| 213/42 Page Street Pagewood NSW 2035 | $992,500 | 1 Apr 2026 | Unit |
| 30/4-10 Anderson Street, Banksmeadow NSW 2019 | $850,000 | 30 Jan 2026 | Unit |
| 3/9 Meadow Way, Banksmeadow NSW 2019 | $835,000 | 11 Dec 2025 | Unit |
| 302/42 Page Street Pagewood NSW 2035 | $1,075,000 | 10 Dec 2025 | Unit |
| 52S/13 Baker Street, Banksmeadow NSW 2019 | $300,000 | 25 Jun 2025 | Unit |
| 54S/13 Baker Street, Banksmeadow NSW 2019 | $429,000 | 28 Apr 2025 | Unit |
The 10 most recent of the 14 residential sales recorded since 18 Nov 2024 (the latest settled 30 Jun 2026), newest first. The median of these 14, houses and units together, was $971,250 (a different set from the medians above). Source: NSW Valuer General / AreaSearch, to June 2026. Commercial, vacant land and nominal sales are left out. Unit means the address has a unit number; a street address has none.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Median unit price | $980k | Contract-date median, 2025 | |
| Median price, latest residential sales | $971,250 | Median of the 14 most recent residential sales, settled 18 Nov 2024 to 30 Jun 2026, NSW Valuer General / AreaSearch |
AreaSearch tracks 114 projects in and around Banksmeadow, 28 of them under construction.
Construction and operation of a new chlorine liquefaction and packaging plant with a maximum production capacity of 50 tonnes per day at the Botany Industrial Park.
Bayside Council is delivering a new amenities building and carpark upgrade at Sir Joseph Banks Park in Botany. The project includes demolition of the existing amenities building, construction of a new facility with six toilets, an accessible toilet, a unisex family toilet and an open wash basin, plus a carpark upgrade to increase capacity, improve…
Redevelopment of Botany Aquatic Centre into a modern community aquatic and recreation facility. The project includes an outdoor 50 m competition pool with grandstand seating, indoor 25 m lap pool, indoor learn-to-swim pool, adventure waterplay, water slides, splash pad, gym, amenities, kiosk, car park upgrades and landscaping.
A $1 billion urban renewal project transforming the former Eastlakes Shopping Centre into a modern town centre. Stage 1 (The Grand Residences) is complete, featuring 133 luxury apartments and a retail precinct anchored by ALDI and Woolworths Metro.
Reconstruction of the Heffron Park Central amenities block adjacent to the netball courts in Maroubra, funded by the NSW Government under the Level Playing Field Program in association with Randwick City Council.
A 9-storey mixed-use development known as 'Adela'. The project includes 57 residential apartments, ground-floor retail and commercial spaces, and three levels of basement parking for 89 cars. The development was designed by architects MHN Design Union.
Mixed-use development comprising 65 apartments over 6-7 levels with 9 commercial tenancies on the ground floor and 3 levels of basement car parking for 136 spaces. The project was approved in December 2018 but remains in pre-construction phase.
A purpose-built 20-storey student accommodation tower housing 285 beds in studio and shared apartments, featuring communal landscaped courtyard, study areas, common facilities, and lower levels with commercial and retail tenancies catering to UNSW students.
Iglu Kingsford is a purpose-built student accommodation tower at 277-291 Anzac Parade, Kingsford, near UNSW, NIDA and the Kingsford light rail. Approved by the Sydney Eastern City Planning Panel under DA/477/2022 as a part 3, part 18 storey mixed-use building with retail and commercial tenancies at ground level, co-living student rooms, a landscaped…
A high-quality mixed-use urban renewal project comprising three towers (9 to 14 storeys) atop a shared podium. The development features 656 student accommodation beds, ground-floor retail, and integrated community facilities.
Part of Newmarket Randwick featuring 11 north-facing terrace homes and 116 apartments in a seven-storey building with ground floor retail and shared community spaces.
A comprehensive $1 billion mixed-use redevelopment of the historic 5-hectare Inglis Newmarket Stables site. The masterplanned precinct features approximately 642 residential dwellings across multiple stages, including Newmarket Residences, Young & Fennelly, and Jane St Terraces.
Images marked AI impression are illustrative only and not photographs of the project; follow the project links for actual imagery. Original imagery? Contact us.
Estimated completion year of the 44 projects in and around the area that are not yet completed and have one: 2025 5, 2026 11, 2027 16, 2028 8, 2029 3, 2030 1. 29 have no completion year.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| ABS building approvals | 9.3 per 1,000 people | ABS building approvals | |
| Average approvals a year | 5 | ABS building approvals |
Key infrastructure and planning changes likely to influence Banksmeadow include: Botany Aquatic Centre Redevelopment (Construction); Booralee Park Playspace Renewal and Fitness Station (Construction); F. Mayer Chalmers Crescent Commercial Masterplan (Under Assessment); Swan Suites Mascot (Completed); and Pagewood Centro Masterplan (Completed). These projects represent significant developments that will shape the area's future infrastructure landscape.
Infrastructure development impacting Banksmeadow spans multiple sectors including Sports & Recreation, Residential Development, and Business Parks & Technology Hubs, among others.
Banksmeadow ranks in the top 20% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
AreaSearch assessment of residential development activity positions Banksmeadow among the top 16% of areas assessed nationwide.
Dwelling approval activity in the Banksmeadow area has seen 29 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. Banksmeadow's current population of 697 has been supported by 5 approvals on average over recent years.
The long-run outlook for development is part of AreaSearch Operator and Pro. Log in to see the forecast detail in Full.
Looking at development activity over the past five years, Banksmeadow's approval levels have been significantly above the yearly average of 5, indicating strong recent growth in development activity.
Over the past five years, the population in Banksmeadow has grown by approximately 631 people, while 29 residential approvals were recorded. This equates to a ratio of 21.8 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
03People
Population, age, income, work, education and more.
99th = higher than 99 in every 100 neighbourhood-sized areas across Australia (ABS SA2 areas). Higher means more of the measure, not necessarily better.
Banksmeadow lies within the top 1% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Population | 697 | AreaSearch estimate, Nov 2025, from the ABS June 2024 base | |
| Growth since 2021 Census | +37.2% | AreaSearch estimate, Nov 2025, against the 2021 Census | 96th percentile nationally |
| Population density | 177 per km² | AreaSearch estimate, Nov 2025, from the ABS June 2024 base | 32nd percentile nationally |
| Average yearly growth, 2019 to 2024 | +86.0% | ABS estimated resident population series to June 2024 | |
| Average yearly growth, 2014 to 2024 | +43.0% | ABS estimated resident population series to June 2024 |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Population at the 2021 Census | 508 | 2021 Census | |
| Residents added since the 2021 Census | 189 | AreaSearch estimate, Nov 2025, against the 2021 Census | |
| Average yearly growth, 2021 to 2024 | +8.2% | ABS estimated resident population series to June 2024 | |
| Population growth, 2023 to 2024 | +3.0% | ABS estimated resident population series to June 2024 | |
| Land area | 3.94 km² | AreaSearch boundary analysis |
Total population for Banksmeadow was estimated to be approximately 697 as at Nov 2025. This is based upon an estimated resident population of 645 from the ABS up to June 2024.
Banksmeadow has added approximately 189 people and shown a 37.20% increase from the 508 people recorded at the 2021 Census period.
The population density in Banksmeadow is estimated at 176 persons per square kilometre based on the latest population estimate.
Over the past 10 years, the population has shown a compound annual growth rate of 43.0% per annum.
Population growth in Banksmeadow is driven by: Interstate migration (68.4%), Natural increase (18.8%), Overseas migration (12.8%). The primary driver is Interstate migration, contributing 68.4% of overall population gains.
Banksmeadow's young demographic places it in the bottom 12% of areas nationwide.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Median age | 37 years | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | 12th percentile nationally |
| Aged 65 and over | 12.7% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Children under 15 | 11.2% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 15 to 34 | 38.0% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 25 to 64 | 62.8% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Median age at the 2021 Census | 33 years | 2021 Census | |
| Aged 0 to 4 | 4.7% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 5 to 14 | 6.5% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 15 to 24 | 13.3% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 25 to 34 | 24.7% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 35 to 44 | 21.5% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 45 to 54 | 13.4% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 55 to 64 | 3.2% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 65 to 74 | 5.9% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 75 to 84 | 5.6% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate | |
| Aged 85 and over | 1.2% | ABS estimated resident population age profile (June 2024), scaled to the Nov 2025 AreaSearch estimate |
According to the latest data, the median age in Banksmeadow is 37 years.
At 37 years, Banksmeadow is equal to the Greater Sydney average and similarly aligned with comparable to the national average (38 years).
The most over-represented age group in Banksmeadow compared to the Greater Sydney region is the 25 - 34 group, making up 24.7% of the population.
The most under-represented age group in Banksmeadow compared to the Greater Sydney region is the 55 - 64 group, making up 3.2% of the population.
Yes, certain age groups in Banksmeadow show significant variance compared to the Greater Sydney region. The most over-represented age groups are 25-34 year-olds (24.7% vs 15.9%) and 35-44 year-olds (21.5% vs 15.2%). The most under-represented age groups are 55-64 year-olds (3.2% vs 10.4%) and 5-14 year-olds (6.5% vs 12.1%).
The percentage of children aged 0-14 years in Banksmeadow is 11.2%.
The percentage of people aged 65 and over in Banksmeadow is 12.7%.
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 87% of national locations assessed by AreaSearch.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Median taxable income (ATO) | $66,778 a year | ATO FY-22, annual | |
| Average taxable income | $80,117 a year | ATO FY-22, annual |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Census household income / week | $2,225 | 2021 Census, weekly | |
| Census personal income / week | $1,353 | 2021 Census, weekly | |
| High-income households | 30.1% | 2021 Census | |
| Census family income / week | $2,571 | 2021 Census, weekly | |
| Low-income households | 10.3% | 2021 Census |
Based on Wage Price Index adjustments to September 2025, the estimated median taxable income in Banksmeadow is approximately $75,199. The official ATO data from FY-22 recorded a median of $66,778.
Based on Wage Price Index adjustments to September 2025, the estimated average taxable income in Banksmeadow is approximately $90,220. The official ATO data from FY-22 recorded an average of $80,117.
Based on Wage Price Index adjustments to September 2025, the estimated median taxable income in Banksmeadow is approximately $75,199 compared to $64,181 in Greater Sydney. The official ATO data from FY-22 shows $66,778 and $56,994 respectively.
Based on Wage Price Index adjustments to September 2025, the estimated average taxable income in Banksmeadow is approximately $90,220 compared to $91,052 in Greater Sydney. The official ATO data from FY-22 shows $80,117 and $80,856 respectively.
As per the 2021 Census, the income bracket containing the largest proportion (~44.1% / 307 persons) of Banksmeadow's population is the $1,500 - 2,999 cohort.
The largest income cohort in Banksmeadow is the $1,500 - 2,999 group, representing about 44.1% of the population. In comparison, Greater Sydney's largest income cohort is the $1,500 - 2,999 group, representing 30.9% of its population, according to the 2021 Census.
The 2021 Census data indicates that the median household income in Banksmeadow is $2,225/wk.
According to the 2021 Census, the median family income in Banksmeadow is $2,571/wk.
The 2021 Census shows that the median personal income in Banksmeadow is $1,353/wk.
Banksmeadow's income level is extremely high nationally according to the latest ATO data aggregated by AreaSearch for FY-22. Banksmeadow's median income among taxpayers is $66,778 and the average income stands at $80,117, which compares to figures for Greater Sydney's of $56,994 and $80,856 respectively. Based on Wage Price Index growth of 12.61% since FY-22, current estimates would be approximately $75,199 (median) and $90,220 (average) as of September 2025.
The estimated disposable income in Banksmeadow is $7,174 per year according to AreaSearch analysis.
Banksmeadow's disposable income is $7,174 compared to $7,412 for Greater Sydney, based on AreaSearch analysis.
AreaSearch analysis reveals Banksmeadow significantly outperforming the majority of regions assessed nationwide.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Unemployment rate | 2.0% | ABS and DEWR labour data, compiled by AreaSearch | |
| Workforce participation | 64.0% | ABS and DEWR labour data, compiled by AreaSearch | |
| Employed residents | 447 | ABS and DEWR labour data, compiled by AreaSearch | |
| Labour force | 456 | ABS and DEWR labour data, compiled by AreaSearch |
As of June 2025, Banksmeadow has approximately 447 employed residents with an unemployment rate of 2.0%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
As of June 2025, the unemployment rate in Banksmeadow stands at 2.0%, which is 2.2 percentage points below Greater Sydney's rate of 4.2%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.1%.
The employment landscape in Banksmeadow is dominated by several key sectors. The largest employers are construction (13.0% of employment), health care & social assistance (12.3%), and professional & technical (10.9%). Other significant employers include education & training and finance & insurance.
Over the past year to June 2025, Banksmeadow has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fallen. By comparison, Greater Sydney saw employment increased and its unemployment rate rose.
The workforce participation rate in Banksmeadow is 64.0%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate leading the Greater Sydney average of 60.0%, showing similar workforce dynamics to the broader region.
Banksmeadow shows notable specialisation in construction, which employs 13.0% of the local workforce compared to 8.6% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
The long-run outlook for employment is part of AreaSearch Operator and Pro. Log in to see the forecast detail in Full.
Banksmeadow's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 13.1% decline, ranking 19th out of 37 regions nationally.
Banksmeadow shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Bachelor qualifications | 35.5% | 2021 Census | |
| Postgraduate qualifications | 16.0% | 2021 Census | |
| University qualifications | 54.8% | 2021 Census | |
| Vocational qualifications | 14.1% | 2021 Census | |
| Graduate diploma or certificate | 3.3% | 2021 Census |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Advanced diploma or diploma | 12.6% | 2021 Census | |
| No post-school qualification | 18.5% | 2021 Census | |
| Residents attending an educational institution | 33.9% | 2021 Census | |
| Residents attending university or other higher education | 10.5% | 2021 Census | |
| Residents attending primary school | 8.6% | 2021 Census | |
| Residents attending secondary school | 4.7% | 2021 Census |
54.8% of people aged 15 and over in Banksmeadow have university qualifications, compared to 40.4% in the broader region.
18.5% of people aged 15 and over in Banksmeadow have no formal qualifications, compared to 31.7% regionally.
Banksmeadow ranks in the 82th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
The most common qualifications in Banksmeadow are: Bachelor Degree (35.5%), Postgraduate (16.0%), Certificate (14.1%).
33.9% of the population in Banksmeadow is currently engaged in formal education, with 8.6% in primary school, 4.7% in secondary school, 10.5% at university.
Banksmeadow features high concentrations of group households and lone person households, with a lower-than-average median household size.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Median household size | 2.0 people | 2021 Census | |
| Lone-person households | 30.9% | 2021 Census | |
| Couples with children | 18.8% | 2021 Census | |
| Couples without children | 34.3% | 2021 Census | |
| One-parent families | 8.2% | 2021 Census |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Group households | 4.8% | 2021 Census | |
| Households at the 2021 Census | 203 | 2021 Census | |
| Estimated households | 279 | AreaSearch estimate, Nov 2025 | |
| Family households | 66.5% | 2021 Census | |
| Average children per family | 0.6 per family | 2021 Census |
As of the 2021 Census, Banksmeadow had 203 households. Based on population growth patterns, this has grown by approximately 37.4% to an estimated 279 households today.
The median household size in Banksmeadow is 2.0 people. This compares to 2.5 in Greater Sydney and reflects the area's household composition mix.
Family households dominate at 66.5% of all households. The remaining households consist of lone person households (30.9%), group households (4.8%), and other household types (0.0%).
Among the 134 family households, 18.8% are couples with children, 34.3% are couples without children at home, and 8.2% are single parent families. This mix shapes local demand for schools, family services, and housing types.
Compared to Greater Sydney, Banksmeadow shows distinct household patterns. Lone person households are notably over-represented at 30.9% (versus 25.1% regionally). This higher proportion of single-person households drives demand for smaller dwellings and different community services.
Marriage patterns reveal 37.4% of the adult population are currently married, while 53.6% have never married. This compares to 40.7% married and 45.8% never married across Greater Sydney.
Single-person households represent 30.9% of all households in Banksmeadow, higher than the regional average of 25.1%. This affects demand for smaller dwellings and single-person accommodation.
Group households (unrelated people sharing) account for 4.8% of households, well below the Greater Sydney average of 7.7%. This low rate suggests limited student or young professional shared accommodation.
Banksmeadow is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Born overseas | 60.1% | 2021 Census | 97th percentile nationally |
| Speak another language at home | 43.5% | 2021 Census | 85th percentile nationally |
| English only at home | 56.5% | 2021 Census | |
| Australian citizens | 53.3% | 2021 Census | 2nd percentile nationally |
| Born in Australia | 39.9% | 2021 Census | 3rd percentile nationally |
| Aboriginal and Torres Strait Islander residents | 0.6% | 2021 Census |
Banksmeadow is among the most culturally diverse areas in the country, with 43.5% of its population speaking a language other than English at home and 60.1% born overseas.
The main religion in Banksmeadow was found to be Christianity, which makes up 46.7% of people in Banksmeadow. However, the most apparent overrepresentation was in Judaism, which comprises 3.1% of the population, compared to 1.9% across Greater Sydney.
In terms of ancestry (country of birth of parents), the top three represented groups in Banksmeadow are Chinese, comprising 20.9% of the population, which is substantially higher than the regional average of 13.7%, Other, comprising 17.4% of the population, and English, comprising 15.8% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: French is notably overrepresented at 1.5% of Banksmeadow (vs 0.6% regionally), Polish at 1.5% (vs 0.7%) and Hungarian at 0.6% (vs 0.4%).
60.1% of the Banksmeadow population was born overseas, compared to 51.4% regionally.
43.5% of the population in Banksmeadow speaks a language other than English at home, compared to 47.9% in the wider region.
0.6% of the Banksmeadow population identifies as Australian Aboriginal, compared to 1.5% in the region.
53.3% of the Banksmeadow population holds citizenship, compared to 69.6% in the wider region.
04Place
Housing, health, transport, local services and the reports on them.
Banksmeadow features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Rented homes | 61.9% | 2021 Census | |
| Owned outright | 11.3% | 2021 Census | |
| Apartments | 82.4% | 2021 Census | |
| Median mortgage repayment | $3,000 a month | 2021 Census, monthly | |
| Owned with a mortgage | 26.8% | 2021 Census |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Semi-detached, terrace and townhouses | 13.2% | 2021 Census | |
| Median weekly rent paid, 2021 Census | $620 | 2021 Census, weekly | |
| Median rent as a share of median household income | 27.9% | 2021 Census, ratio calculated by AreaSearch | |
| Median mortgage repayment as a share of household income | 31.1% | 2021 Census, ratio calculated by AreaSearch | |
| People per bedroom | 1.2 per bedroom | 2021 Census |
In Banksmeadow, 11.3% of homes are owned outright, 26.8% are owned with a mortgage, and 61.9% are rented.
According to the latest data, 4.4% of dwellings in Banksmeadow are houses.
In Banksmeadow, 82.4% of dwellings are apartments or units, with an additional 13.2% being semi-detached dwellings.
Outright home ownership in Banksmeadow stands at 11.3%, compared to 20.7% in Greater Sydney.
The median monthly mortgage repayment in Banksmeadow is $3,000, compared to $2,600 in Greater Sydney.
The aggregate monthly housing cost in Banksmeadow is $2,467, which represents the average monthly cost across all housing types.
In Banksmeadow, households with mortgages typically spend 31.1% of their income on mortgage repayments, while renters spend 27.9% of their income on rent.
The average persons per bedroom ratio in Banksmeadow is 1.2, indicating the level of household density.
Housing affordability in Banksmeadow shows mortgage holders spending 31.1% of income on repayments (vs 29.1% regionally), while renters spend 27.9% of income on rent (vs 26.6% regionally).
The dwelling mix in Banksmeadow consists of 4.4% detached houses, 13.2% semi-detached dwellings, 82.4% apartments, and 0.0% other dwelling types.
Housing in Banksmeadow consumes approximately 25.6% of median household income ($9,634 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
Recent development applications in Banksmeadow show attached dwellings contributing 100% of approvals compared to 96% of existing stock, while detached houses represent 0% of applications versus 4% of current dwellings. This suggests development patterns consistent with existing housing mix. This area is seeing substantial increases in dwelling density compared to most Australian locations.
Banksmeadow's residents boast exceedingly positive health performance metrics with a fairly standard level of common health conditions seen across both young and old age cohorts.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Private health cover | 59.8% | ATO FY 2022, private health cover | 80th percentile nationally |
| No long-term health condition | 84.1% | 2021 Census | |
| Need help with daily activities | 2.4% | 2021 Census | 7th percentile nationally |
Around 59.8% of people in Banksmeadow are covered by private health insurance, which compares to 57.5% in the broader region of Greater Sydney.
In Banksmeadow, 2.4% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 4.3% of people in Greater Sydney require similar assistance.
3.9% of people in Banksmeadow are diagnosed with asthma. In comparison, 5.7% of the population across Greater Sydney is affected by asthma.
Diabetes affects 3.2% of the Banksmeadow population, while in the surrounding region, 3.9% of people are diagnosed with diabetes.
0.9% of people in Banksmeadow have heart disease. Across the region of Greater Sydney, 2.3% of the population is affected by heart disease.
In Banksmeadow, 59.8% of the population are estimated to have private health insurance. Comparatively, Greater Sydney sees an estimated private health coverage rate of 57.5%.
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Transport access | 80 out of 100 | AreaSearch transport analysis of timetable data | 80th percentile nationally |
| Public transport stops | 9 | Public transport timetable (GTFS) data, compiled by AreaSearch | |
| Weekly public transport trips | 2,526 | Public transport timetable (GTFS) data, compiled by AreaSearch | |
| People per public transport stop | 72 | Public transport timetable (GTFS) data, compiled by AreaSearch | |
| Public transport routes | 9 | Public transport timetable (GTFS) data, compiled by AreaSearch |
There are 9 public transport stops within Banksmeadow.
Banksmeadow has 2,526 weekly trips across 9 routes, averaging 360 trips per day.
On average, residential properties are 486 metres from the nearest transport stop.
From the typical resident, the nearest school is 185 m away and the nearest child care centre 188 m.
Distance from the typical resident to the nearest of each service. Every bar starts at 0 m. The nearest is orange.
Public transport 9 stops nearby, 2,526 weekly trips, access rating 80 out of 100.
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Amenity score | 81 out of 100 | AreaSearch proximity analysis | 81st percentile nationally |
| Nearest school | 185 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest child care | 188 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest bank | 834 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest supermarket | 843 m | AreaSearch proximity analysis, from the typical resident |
| Measure | Value | Source and date | National percentile |
|---|---|---|---|
| Nearest pharmacy | 946 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest GP | 959 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest shopping centre | 961 m | AreaSearch proximity analysis, from the typical resident | |
| Nearest government service | 1.1 km | AreaSearch proximity analysis, from the typical resident | |
| Nearest fitness centre | 1.4 km | AreaSearch proximity analysis, from the typical resident | |
| Nearest dentist | 1.5 km | AreaSearch proximity analysis, from the typical resident | |
| Nearest hospital | 3.5 km | AreaSearch proximity analysis, from the typical resident |
Sector reports that go deeper on these services: child care, medical, retail, aged care and specialist disability accommodation (SDA).
Short silent previews of sample pages. Sector reports are ordered for a catchment you draw, not for the suburb as a whole.
05Reports and tools
Order a report and find more tools.
An area report on Banksmeadow is built to order and emailed to you.
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06About this profile
Where the figures come from, downloads and nearby areas.
AreaSearch assessment of residential development activity positions Banksmeadow among the top 16% of areas assessed nationwide.
Banksmeadow has exceptionally high levels of nearby infrastructure activity, ranking in the top 10% nationally.
No headline figures are reported for this area.
Banksmeadow's established property market has recorded 17 sales in the 12 months to September 2026, comprising 47% residential, 47% commercial and 6% vacant land transactions.
No headline figures are reported for this area.
Banksmeadow lies within the top 1% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends.
Banksmeadow's young demographic places it in the bottom 12% of areas nationwide.
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 87% of national locations assessed by AreaSearch.
AreaSearch analysis reveals Banksmeadow significantly outperforming the majority of regions assessed nationwide.
Banksmeadow shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators.
Banksmeadow features high concentrations of group households and lone person households, with a lower-than-average median household size.
Banksmeadow is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics.
Banksmeadow features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region.
Banksmeadow's residents boast exceedingly positive health performance metrics with a fairly standard level of common health conditions seen across both young and old age cohorts.
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility.
Amenity provision was found to be above the typical area assessed nationally by AreaSearch, based on counts and proximity analysis.
Banksmeadow has an estimated 697 residents, up 37.2% since the 2021 Census, with 114 projects tracked in the area around Banksmeadow.
Latest estimate as at Nov 2025; other figures from the 2021 Census, ATO FY-22 and AreaSearch estimates where labelled. Updated 19 Dec 2025.
Sources: ABS Census 2021, ABS estimated resident population, ATO taxation statistics, state rental bonds and property sales records where published, and AreaSearch analysis for Banksmeadow.
Data currency
Refreshed . Sales to Jun 2026, population and age estimated to Nov 2025, taxable income FY 2022 and projects to Jul 2026. Housing and cultural diversity are from the 2021 Census (next update with the 2026 Census results).
Infrastructure projects and development applications also include sites in the surrounding area, and are labelled as such. Other sections were compiled 20 Dec 2025 from sources that update on their own cycles; "See the evidence" lists each source and its cycle.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (for example census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb or locality names (postal-style areas) and may use different geographic boundaries. For a complete picture, consider both boundary types where available.
Main sources: ABS, Geoscience Australia, GNAF, ATO, State governments, Valuer General, Rental Board and Infrastructure Australia.
Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (117011320). QuickStats reports 2021 only; the figures on this page are more current wherever the ledger shows a later date.
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (for example census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
AreaSearch compiles this page from official and industry sources, including ABS, Geoscience Australia, GNAF, ATO, State governments, Valuer General, Rental Board and Infrastructure Australia, then calculates statistics for the boundary shown, and ranks, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments. Infrastructure projects and development applications also include sites in the surrounding area, labelled as such.
No. Most of this page is built beyond the Census. Dated for this area: population (Nov 2025), age profile (Nov 2025), infrastructure projects (Jul 2026) and income (FY 2022). Compiled with this profile from sources that publish on their own cycles: development and approvals, property sales and rents, employment, households, education, transport, health and services and amenities. Only housing and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.
Key demographics and figures for Banksmeadow from the 2021 Census, ATO taxpayer data and AreaSearch estimates and analysis. Each topic has its own table of key figures beside the section it belongs to, and each row names its source and date. The percentile compares Banksmeadow with every neighbourhood-sized area across Australia (ABS SA2 areas): a higher percentile means more of that measure than most, not necessarily better.
Source: AreaSearch (areasearch.com.au) compiled from ABS Census 2021, ATO and other public sources.
