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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
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Sales Activity
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Population
Population growth drivers in Bankstown - North are above average based on AreaSearch's ranking of recent, and medium to long-term trends
Bankstown - North's population is 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 6.3% growth since the 2021 census exceeded both the SA3 area (4.1%) and the SA4 region, indicating it as a growth leader. Overseas migration contributed approximately 71.7% of overall population gains during recent periods.
AreaSearch is adopting 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 utilises 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 increase of 5,852 persons to 2041, reflecting a gain of 34.2% in total over the 17 years.
Frequently Asked Questions - Population
Development
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 has granted approximately 27 residential properties approval annually. Over the past five financial years, from FY-21 to FY-25, around 136 homes were approved, with an additional 3 approved in FY-26 so far. On average, about 6.5 new residents arrived per dwelling constructed each year during this period.
This indicates a significant lag between supply and demand, leading to heightened buyer competition and pricing pressures. The average construction value of new dwellings is approximately $337,000. In FY-26, around $244.3 million in commercial approvals have been registered, suggesting strong commercial development momentum. However, compared to Greater Sydney, Bankstown - North has significantly less development activity, at 72.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings.
The composition of new development in Bankstown - North consists of approximately 52.0% detached houses and 48.0% townhouses or apartments. This mix offers choices across price ranges, from spacious family homes to more 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 despite densification trends. Bankstown - North reflects a highly mature market with around 848 people per dwelling approval. According to the latest AreaSearch quarterly estimate, the area is projected to add approximately 6,179 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Bankstown - North has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 31 projects that could impact this area. Notable projects include Bankstown CBD Transformation, Compass Centre Redevelopment, Bankstown TOD Accelerated Precinct, and Bankstown Central Masterplan. The following list details those most likely to be relevant.
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Frequently Asked Questions - Infrastructure
Bankstown TOD Accelerated Precinct
State-led Transport Oriented Development (TOD) Accelerated Precinct around Bankstown station and CBD. Rezoning effective 27 November 2024 delivering capacity for 14,000 new homes (including 3-4% affordable housing) and 14,300 new jobs across a large mixed-use precinct. Features buildings ranging from 1 to 25 storeys around the new Metro station. Includes new parks, improved transport connectivity, walkways and cycleways. Part of the NSW Government's TOD Program to boost housing supply near major transport hubs. The NSW Government has committed $520 million to provide active transport links and quality public open spaces across TOD Accelerated Precincts. Potential upgrades proposed for Memorial Park and Griffith Park. Development expected over the next 10-15 years.
Bankstown CBD Transformation
The comprehensive transformation of the Bankstown CBD is underway. Key components include the Bankstown CBD Upgrade (in construction) and the adoption of the Bankstown City Centre Master Plan (Planning Proposal submitted for Gateway Determination). The Master Plan guides streetscape improvements, new mixed-use developments, enhanced public spaces, and transport connectivity to create a vibrant, walkable city center, celebrating cultural diversity and supporting future growth. Recent completed projects under this umbrella include a $27 million stormwater upgrade, Paul Keating Park Play Space, and The Appian Way Pedestrian Mall transformation. The overall vision is a long-term, multi-developer initiative for Bankstown to become a leading health, education, and jobs hub.
New Bankstown Hospital
The NSW Government is delivering a brand-new $2 billion+ state-of-the-art hospital on the Bankstown TAFE campus site in the Bankstown CBD. This is the largest single investment in a public hospital in NSW history. The new multi-storey facility will deliver expanded emergency, intensive care, operating theatres, maternity, paediatrics, mental health, cancer care, aged care and comprehensive teaching/training facilities. The existing Bankstown-Lidcombe Hospital will transition acute services to the new site upon completion (expected 2031) and be repurposed for community health services. As of December 2025 the project remains in detailed planning with the State Significant Development Application (SSD-46059944) under assessment by the Department of Planning, Housing and Infrastructure. Community consultation continues and early works (site preparation and demolition) are scheduled to commence in 2026 subject to final approvals.
Community Infrastructure Strategic Plan 2050
Canterbury-Bankstown Council's adopted long-term framework (2023-2050) guiding the planning, funding and delivery of community infrastructure including libraries, community centres, aquatic and leisure facilities, sports fields, parks, cultural spaces and civic facilities to support a growing and changing population across the entire LGA.
Sydney Metro Bankstown Line Conversion
Conversion of the T3 Bankstown Line between Sydenham and Bankstown to metro standards as part of the Sydney Metro City & Southwest project. Includes upgrades to 11 stations with platform screen doors, new signalling systems, accessibility enhancements (lifts and level access), track modifications, and introduction of autonomous, air-conditioned metro trains with 4-minute peak frequencies. The line closed in September 2024 for intensive conversion works managed by Martinus Rail. Expected to open in 2026 (delayed from earlier targets due to industrial action). Provides fast travel times, e.g., Bankstown to Central in 28 minutes, and forms part of the overall 66 km Sydney Metro network.
Bankstown Central Masterplan
A 30-year transformational redevelopment of 11.4 hectares in Bankstown CBD into a vibrant mixed-use urban neighbourhood. Stage One, Bankstown Exchange, features 30,000 sqm of A-grade commercial office space across three buildings with ground-floor retail and an Eat Street dining precinct. The full masterplan includes up to 3,500 residential apartments, 1,800 student accommodation units, 800-guest hotel, serviced apartments, childcare facilities, and landscaped green spaces. The project aims to create a Health and Education Innovation Precinct, supporting 8,400 workers and generating significant economic activity. Retail precinct upgrades include The Grand Market fresh food area with new Coles supermarket, plus major retailers like Uniqlo, JB Hi-Fi, and Services Australia. The development integrates with the Sydney Metro City & Southwest line and complements the adjacent Western Sydney University campus.
Bankstown Exchange (Stage 1 - Bankstown Central Masterplan)
Stage 1 of the Bankstown Central masterplan delivers approximately 30,000 sqm of A-grade commercial office space across three buildings (two 8-level towers and one 5-level building), ground-floor retail with an activated 'Eat Street' dining precinct, new public plazas, a repositioned bus interchange, basement parking for 320 vehicles, 240 bicycle spaces and end-of-trip facilities. The project is a key catalyst for the Bankstown Health and Education Innovation Precinct.
Western Sydney University Bankstown City Campus
$340 million 18-storey vertical campus opened in early 2023, replacing the former Milperra campus. Features 26,000 square meters of state-of-the-art facilities designed by HDR and Lyons architects with distinctive block and stack concept and gold/red curtain wall facade. Built by Walker Corporation, achieving 6 Star Green Star Design & As Built rating. Capacity for 10,000 students and 1,000 staff. Located between Bankstown's Council administration building and Library and Knowledge Centre. Offers undergraduate and postgraduate courses in education, psychology, business, IT and health areas, delivering $140 million annually in economic uplift to the region. The campus embeds Western Sydney University in the economic, social and civic life of Bankstown.
Employment
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. Its unemployment rate was 10.3% in the past year, with estimated employment growth of 3.0%.
As of September 2025, 8,096 residents were employed while the unemployment rate stood at 6.1%, above Greater Sydney's rate of 4.2%. Workforce participation was lower at 47.2% compared to Greater Sydney's 60.0%. Key industries included health care & social assistance, retail trade, and transport, postal & warehousing. The area had a specialization in transport, postal & warehousing with an employment share of 1.7 times the regional level.
However, professional & technical services had limited presence at 7.7% compared to the regional average of 11.5%. Employment opportunities locally appeared limited based on Census data comparison of working population and resident population. Between September 2024 and September 2025, employment levels increased by 3.0%, while labour force grew by 4.5%, leading to a rise in unemployment rate by 1.4 percentage points. In contrast, Greater Sydney experienced employment growth of 2.1% and labour force growth of 2.4%, with a smaller rise in unemployment rate. State-level data from NSW up to 25-Nov-25 showed employment contracted slightly by 0.03%, losing 2,260 jobs, with the state unemployment rate at 3.9%. Nationally, the unemployment rate was 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 projected overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Bankstown - North's employment mix suggested local employment should increase by 6.4% over five years and 13.3% over ten years, though this was a simple extrapolation for illustrative purposes and did not account for localised population projections.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
The Bankstown - North SA2'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 12.61% growth in wages since financial year 2022, Bankstown - North's estimated median income would be approximately $44,797 and the average would be around $56,242. Census data indicates that incomes in Bankstown - North fall between the 7th and 21st percentiles nationally. Income distribution shows that 30.7% of individuals earn between $1,500 and $2,999, mirroring the regional trend where 30.9% fall into this bracket. Housing affordability is severe in Bankstown - North, with only 75.8% of income remaining after housing costs, ranking at the 13th percentile nationally.
Frequently Asked Questions - Income
Housing
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 structures, as per the latest Census, consisted of 24.7% houses and 75.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 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, lower than Sydney metro's $2,240. The median weekly rent figure was $400, compared to Sydney metro's $425. Nationally, Bankstown - North's mortgage repayments were lower at $1,764 versus the Australian average of $1,863, while rents were higher at $400 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Bankstown - North has a typical household mix, with a lower-than-average median household size
Family households constitute 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 comprise the remaining 26.4%, with lone person households at 22.7% and group households making up 3.7%. The median household size is 2.9 people, smaller than the Greater Sydney average of 3.1.
Frequently Asked Questions - Households
Local Schools & Education
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%, higher than the SA3 average of 26.3%. Bachelor degrees are most common at 21.6%, followed by postgraduate qualifications (9.1%) and graduate diplomas (1.5%). Vocational pathways account for 24.6% of qualifications, with advanced diplomas at 11.3% and certificates at 13.3%.
Educational participation is high, with 34.5% currently enrolled in formal education. This includes primary education (10.6%), secondary education (7.5%), and tertiary education (7.0%).
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
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. These are a mix of train and bus services, operated by 40 different routes. Together, these routes facilitate 8,944 weekly passenger trips.
Transport accessibility is excellent, with residents typically located just 132 meters from the nearest stop. The service frequency averages 1,277 trips per day across all routes, which equates to approximately 131 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Bankstown - North's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Health outcomes data shows excellent results in Bankstown - North, with younger cohorts having a very low prevalence of common health conditions. 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 the national average of 55.3%. The most prevalent medical conditions in the area are diabetes and arthritis, affecting 5.2 and 5.0% of residents respectively.
A total of 80.0% of residents declared 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), which is lower than the 15.8% in Greater Sydney. Health outcomes among seniors require particular attention despite being strong overall.
Frequently Asked Questions - Health
Cultural Diversity
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 among the most culturally diverse areas in Australia, 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. Regarding ancestry, the top three 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%.
Frequently Asked Questions - Diversity
Age
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 the present day, the population aged 65-74 has increased from 6.8% to 7.5%, while the proportion of those aged 55-64 has decreased from 10.6% to 10.1%. By 2041, demographic projections indicate significant changes in Bankstown-North's population. The 55-64 age cohort is expected to grow by 49%, adding 898 residents and reaching a total of 2,718.