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 August 2025. This reflected an increase of 1,068 people since the 2021 Census, which reported a population of 16,981 people. The change was inferred from the estimated resident population of 18,376 in June 2024 and an additional 29 validated new addresses since the Census date. This resulted 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 exceeded both its SA3 area (4.0%) and SA4 region between the 2021 Census and June 2024, marking it as a growth leader. Overseas migration contributed approximately 71.7% of overall population gains during this period.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilized NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group from these aggregations were applied to all areas for years 2032 to 2041. Based on projected demographic shifts, Bankstown - North is forecasted to experience significant population increase, with an expected rise of 5,852 persons by 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 has 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, about 6.5 new residents arrived per dwelling constructed each year during this period.

This supply has substantially lagged demand, leading to heightened buyer competition and pricing pressures. The average construction value of new dwellings was $371,000, which is below the regional average, suggesting more affordable housing options for buyers. In FY-26, commercial development approvals totaled $244.3 million, indicating robust local business investment. Compared to Greater Sydney, Bankstown - North has shown substantially reduced construction, with 72.0% fewer dwellings approved per person than the regional average. This constrained new construction typically reinforces demand and pricing for existing properties.

The area's development level is also below the national average, reflecting its maturity and possible planning constraints. New development in Bankstown - North consists of 52.0% standalone homes and 48.0% attached dwellings, with a growing mix of townhouses and apartments providing options across different price points. 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. With around 848 people per dwelling approval, Bankstown - North reflects a highly mature market. Future projections show that by 2041, the area is expected to add 6,179 residents. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

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 that could impact the area. Notable ones 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.

The labour market performance in Bankstown - North lags significantly behind most other regions nationally

Bankstown - North has a well-educated workforce with diverse sector representation. Its unemployment rate was 10.0% in the past year, with an estimated employment growth of 1.4%.

As of June 2025, 7,878 residents are employed while the unemployment rate is 5.8%, which is higher than Greater Sydney's rate of 4.2%. Workforce participation lags at 47.2% compared to Greater Sydney's 60.0%. Leading employment industries include health care & social assistance, retail trade, and transport, postal & warehousing. The area specializes in transport, postal & warehousing with an employment share of 1.7 times the regional level.

However, 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 the count of Census working population versus resident population. Between June 2024 and June 2025, employment levels increased by 1.4%, labour force grew by 2.5%, leading to an unemployment rise of 1.0 percentage points. In comparison, Greater Sydney recorded employment growth of 2.6% and unemployment rose by 0.3 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May 2025 suggest potential future demand within Bankstown - North. National employment is forecast to expand by 6.6% over five years and 13.7% over ten years, with industry-specific projections suggesting 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 had a median taxpayer income of $39,781 and an average income of $49,944 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is lower than national averages, with Greater Sydney having a median income of $56,994 and an average income of $80,856 in the same period. By September 2025, estimates suggest the median income will be approximately $44,797 and the average income around $56,242, based on Wage Price Index growth of 12.61% since financial year 2022. The 2021 Census figures show that incomes in Bankstown - North fall between the 7th and 22nd percentiles nationally for households, families, and individuals. Income analysis reveals that the $1,500 - 2,999 income bracket dominates with 30.7% of residents (5,541 people), aligning with regional levels where this cohort represents 30.9%. Housing affordability pressures are severe, 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 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, 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 educational profile is notable regionally, with university qualification rates at 32.2% among residents aged 15+, surpassing the SA3 area average of 26.3%. Bachelor degrees are most prevalent 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. Six schools operate within Bankstown - North, educating approximately 2,479 students, with typical Australian school conditions (ICSEA: 990) offering balanced educational opportunities. Education provision is balanced with five primary and one secondary school serving distinct age groups. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

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. 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 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 across 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 the 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, while 80.0% 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), which is lower than the 15.8% in Greater Sydney. Health outcomes among seniors are particularly strong but require more attention than the broader population.

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. 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%, as are Korean (0.9% vs 0.7%) and Chinese (10.7% vs 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 the present day, the population aged 65-74 has grown from 6.8% to 7.5%, while the 55-64 age group has declined from 10.6% to 10.1%. By 2041, significant demographic shifts are projected for Bankstown-North, with the strongest growth expected in the 55-64 age cohort, which is forecast to increase by 49%, adding 898 residents to reach a total of 2,718.