Bankstown - North
Statistical Area - sa2

Population growth drivers in Bankstown - North are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Bankstown - North's population was around 18,049 as of November 2025. This figure reflects an increase of 1,068 people since the 2021 Census, which reported a population of 16,981. The change is inferred from the estimated resident population of 18,376 in June 2024 and an additional 29 validated new addresses since the Census date. This results in a population density ratio of 6,587 persons per square kilometer, placing Bankstown - North in the top 10% of national locations assessed by AreaSearch. The area's growth rate of 6.3% since the 2021 census exceeded that of its SA3 area (4.1%) and SA4 region, indicating it as a growth leader in the region. Overseas migration contributed approximately 71.7% of overall population gains during recent periods.

AreaSearch is using ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch uses NSW State Government's SA2 level projections, released in 2022 with 2021 as the base year. Growth rates by age group are applied to all areas for years 2032 to 2041. Based on projected demographic shifts, a significant population increase is forecast for Bankstown - North, with an expected growth of 5,852 persons to 2041, recording a total gain of 34.2% over the 17 years.

AreaSearch analysis of residential development drivers sees Bankstown - North recording a relatively average level of approval activity when compared to local markets analysed countrywide

Bankstown - North recorded approximately 27 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25136 homes were approved, with an additional 3 approved so far in FY-26. On average, around 6.5 new residents arrived per year for each dwelling constructed during this period.

This supply is significantly lagging demand, leading to heightened buyer competition and pricing pressures. The average construction cost of new dwellings was $337,000. In terms of commercial development, $244.3 million in approvals have been registered this financial year, indicating strong momentum. However, compared to Greater Sydney, Bankstown - North has significantly less development activity, being 72.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings.

When compared nationally, Bankstown - North reflects a highly mature market with around 848 people per dwelling approval. Future projections show Bankstown - North adding 6,179 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth. New development in Bankstown - North consists of 52.0% detached houses and 48.0% townhouses or apartments, offering choices across various price ranges from spacious family homes to more accessible compact options. Notably, developers are constructing more detached housing than the existing pattern implies (25.0% at Census), reflecting persistent strong demand for family homes amid densification trends.

Bankstown - North has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 31 projects expected to impact this region. Notable initiatives include Bankstown CBD Transformation, Bankstown TOD Accelerated Precinct, Compass Centre Redevelopment, and Bankstown Central Masterplan. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment drivers in Bankstown - North are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia

Bankstown - North has an educated workforce with diverse sector representation and a current unemployment rate of 10.0%. Over the past year, there was estimated employment growth of 1.4%.

As of June 2025, 7878 residents are employed while the unemployment rate is 5.8%, which is higher than Greater Sydney's rate of 4.2%. Workforce participation in Bankstown - North lags at 47.2% compared to Greater Sydney's 60.0%. Key industries of employment among residents include health care & social assistance, retail trade, and transport, postal & warehousing. The area has a particular specialization in transport, postal & warehousing with an employment share of 1.7 times the regional level.

Professional & technical services have limited presence at 7.7% compared to the regional average of 11.5%. Employment opportunities locally appear limited as indicated by Census data comparing working population to resident population. Between June 2024 and June 2025, employment levels increased by 1.4% while labour force increased by 2.5%, causing the unemployment rate to rise by 1.0 percentage points. In contrast, Greater Sydney experienced employment growth of 2.6% and labour force growth of 2.9%, with a rise in unemployment rate of 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that over five years, national employment is forecast to expand by 6.6% and over ten years by 13.7%. Applying these projections to Bankstown - North's employment mix suggests local growth of approximately 6.4% over five years and 13.3% over ten years.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

Bankstown - North's median income among taxpayers in financial year 2022 was $39,781. The average income stood at $49,944 during the same period. In comparison, Greater Sydney's median and average incomes were $56,994 and $80,856 respectively. By September 2025, based on a Wage Price Index growth of 12.61%, Bankstown - North's estimated median income would be approximately $44,797 and the average income would be around $56,242. Census data indicates that household, family, and personal incomes in Bankstown - North fall between the 7th and 22nd percentiles nationally. Income distribution shows that 30.7% of individuals earn between $1,500 and $2,999, mirroring the regional trend where 30.9% occupy this bracket. Housing affordability pressures are severe in Bankstown - North, with only 75.8% of income remaining after housing costs, ranking at the 14th percentile nationally.

Bankstown - North features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Bankstown - North's dwelling structure in the latest Census showed 24.7% houses and 75.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Sydney metro's 61.5% houses and 38.4% other dwellings. Home ownership in Bankstown - North was at 20.4%, with mortgaged dwellings at 26.2% and rented ones at 53.4%. The median monthly mortgage repayment was $1,764, below Sydney metro's average of $2,240. Median weekly rent in Bankstown - North was $400, compared to Sydney metro's $425. Nationally, Bankstown - North's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

Bankstown - North has a typical household mix, with a lower-than-average median household size

Family households account for 73.6% of all households, including 38.4% couples with children, 17.9% couples without children, and 15.5% single parent families. Non-family households make up the remaining 26.4%, with lone person households at 22.7% and group households comprising 3.7%. The median household size is 2.9 people, which is smaller than the Greater Sydney average of 3.1.

Educational attainment in Bankstown - North aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 32.2% among residents aged 15+, exceeding the SA3 area average of 26.3%. Bachelor degrees are the most common at 21.6%, followed by postgraduate qualifications (9.1%) and graduate diplomas (1.5%). Vocational pathways account for 24.6% of qualifications among those aged 15+, with advanced diplomas at 11.3% and certificates at 13.3%.

Educational participation is high, with 34.5% of residents currently enrolled in formal education. This includes 10.6% in primary education, 7.5% in secondary education, and 7.0% pursuing tertiary education. There are six schools operating within Bankstown - North, educating approximately 2,479 students. The area has typical Australian school conditions (ICSEA: 990) with balanced educational opportunities. Education provision is balanced with five primary schools and one secondary school serving distinct age groups.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Bankstown - North has 68 active public transport stops, offering a mix of train and bus services. These stops are served by 40 individual routes, collectively facilitating 8,944 weekly passenger trips. The area's transport accessibility is rated excellent, with residents typically located 132 meters from the nearest stop.

Service frequency averages 1,277 trips per day across all routes, equating to approximately 131 weekly trips per individual stop.

Bankstown - North's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results in Bankstown - North with very low prevalence of common health conditions across all age groups. The rate of private health cover is extremely low at approximately 46% of the total population (~8,320 people), compared to 48.6% across Greater Sydney and a national average of 55.3%. Diabetes and arthritis are the most common medical conditions in the area, impacting 5.2 and 5.0% of residents respectively.

80.0% of residents declare themselves completely clear of medical ailments, compared to 75.8% across Greater Sydney. The area has 12.7% of residents aged 65 and over (2,285 people), lower than the 15.8% in Greater Sydney. Health outcomes among seniors require more attention despite being strong.

Bankstown - North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Bankstown-North is one of Australia's most culturally diverse areas, with 60.7% of its population born overseas and 79.4% speaking a language other than English at home. The predominant religion in Bankstown-North is Islam, comprising 38.2% of the population compared to 27.9% across Greater Sydney. In terms of ancestry, the top groups are Other (32.7%), Vietnamese (13.1%), and Lebanese (11.0%).

Notably, Macedonian (2.0%) is overrepresented in Bankstown-North compared to the regional average of 1.7%. Similarly, Korean (0.9%) and Chinese (10.7%) are also more prevalent than their respective regional averages of 0.7% and 7.6%.

Bankstown - North's young demographic places it in the bottom 15% of areas nationwide

Bankstown-North has a median age of 33, which is younger than Greater Sydney's figure of 37 and Australia's national average of 38 years. Compared to Greater Sydney, Bankstown-North has a higher proportion of residents aged 0-4 (8.1%) but fewer residents aged 45-54 (10.7%). Between the 2021 Census and present, the population aged 65-74 has increased from 6.8% to 7.5%, while the 55-64 age group has decreased from 10.6% to 10.1%. By 2041, population forecasts indicate significant demographic shifts in Bankstown-North, with the 55-64 age cohort projected to grow by 49%, adding 898 residents to reach a total of 2,718.