Chart Color Schemes
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 Greenacre - South are slightly above average based on AreaSearch's ranking of recent, and medium term trends
Greenacre - South's population was around 13,592 as of November 2025. This figure showed an increase of 176 people since the 2021 Census, which reported a population of 13,416. The change was inferred from the estimated resident population of 13,613 in June 2024 and an additional 38 validated new addresses since the Census date. This resulted in a density ratio of 4,686 persons per square kilometer, placing Greenacre - South in the top 10% of national locations assessed by AreaSearch. The area's 1.3% growth since the census was within 2.8 percentage points of the SA3 area's 4.1%, indicating competitive growth fundamentals. Overseas migration contributed approximately 59.1% of overall population gains during recent periods, driving primary growth in the area.
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 utilised 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. Future population trends indicated lower quartile growth, with the area expected to expand by 441 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 3.4% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Greenacre - South recording a relatively average level of approval activity when compared to local markets analysed countrywide
Greenacre - South has received approximately 73 dwelling approvals annually over the past five financial years, totalling 365 homes. As of FY-26, 18 approvals have been recorded. On average, 0.3 new residents arrive per new home each year between FY-21 and FY-25, indicating that supply meets or exceeds demand. The average construction cost value of new homes is $324,000.
This financial year has seen $345,000 in commercial approvals, reflecting the area's residential nature. Compared to Greater Sydney, Greenacre - South maintains similar development levels per capita, preserving market equilibrium with surrounding areas. New building activity comprises 46.0% detached houses and 54.0% attached dwellings, demonstrating a shift towards denser development that caters to downsizers, investors, and entry-level buyers. The current dwelling approval rate is approximately 225 people per dwelling, indicating a low density market. According to AreaSearch's latest quarterly estimate, Greenacre - South is projected to gain 461 residents by 2041.
With the current construction pace, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Greenacre - South has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Infrastructure changes significantly influence an area's performance. AreaSearch identified 16 projects likely impacting the area. Notable ones are Punchbowl Station Upgrade (Sydney Metro City & Southwest), Bankstown CBD Transformation, Greenacre Community Place Precinct Framework, and Lakemba Station Sydney Metro Upgrade. The following list details those most relevant:.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
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.
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.
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.
Lakemba Transport Oriented Development (TOD) Masterplan
Canterbury-Bankstown Council's masterplan for the Lakemba Transport Oriented Development (TOD) precinct, which aims to create capacity for over 9,000 new homes within 400m of Lakemba station by implementing an alternative, place-based approach to the NSW Government's TOD Program. The plan features mixed-use development with residential, retail, and community facilities, focusing on increased density near public transport while respecting local character and cultural diversity, and includes enhanced public domain and community infrastructure. The Council's alternative scheme, including Recommended Planning Provisions and supporting studies, was submitted to the NSW Department of Planning, Housing and Infrastructure (DPHI) in late 2024 and is currently under assessment. The planning controls for the precinct are expected to be finalised in early 2025.
Compass Centre Redevelopment
Redevelopment of the Compass Centre site in Bankstown with demolition of existing structures and construction of a mixed-use precinct featuring a 5-storey podium and three towers: one 19-storey hotel (~169 rooms) and two 24-storey residential build-to-rent towers (339 apartments). Includes retail spaces, supermarket, gym, childcare centre, medical centre, function centre, through-site links to Bankstown Station and Paul Keating Park, enhanced public domain, landscaping, and a two-level basement. SSD application (PPSSDH-182) under assessment as of November 2025.
Punchbowl Station Upgrade - Sydney Metro City & Southwest
Punchbowl Station is being upgraded as part of the Sydney Metro City & Southwest project to convert the T3 Bankstown Line to fully automated metro standards. Works include three new lifts, new family-accessible toilets, platform screen doors, level boarding, concourse improvements, new signage and wayfinding. The station upgrade supports new single-deck air-conditioned metro trains running every 4 minutes in peak in each direction upon opening.
Lakemba Station Sydney Metro Upgrade
Upgrade of Lakemba Station to Sydney Metro standards as part of the City & Southwest project. Works include platform screen doors, level access between trains and platforms, accessibility upgrades, and interchange improvements. When services commence on the Sydenham to Bankstown metro section, trains are planned every 4 minutes in the peak with faster journeys to the CBD.
Employment
Employment conditions in Greenacre - South face significant challenges, ranking among the bottom 10% of areas assessed nationally
Greenacre - South has a skilled workforce with diverse sector representation. Its unemployment rate was 10.9% in the past year, with an estimated employment growth of 2.1%.
As of September 2025, 5,054 residents are employed while the unemployment rate is 6.7%, which is higher than Greater Sydney's rate of 4.2%. Workforce participation stands at 41.8% compared to Greater Sydney's 60.0%. Leading employment industries include health care & social assistance, retail trade, and construction. Retail trade has a particularly notable concentration with employment levels at 1.4 times the regional average.
However, professional & technical services have limited presence with 7.2% employment compared to the regional average of 11.5%. The area appears to offer limited local employment opportunities as indicated by the Census working population vs resident population count. Over the 12 months to September 2025, employment increased by 2.1%, while labour force increased by 4.1%, causing the unemployment rate to rise by 1.7 percentage points. In comparison, Greater Sydney saw employment grow by 2.1%, labour force expand by 2.4%, and unemployment rise by 0.2 percentage points. State-level data from NSW as of 25-Nov shows employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. Nationally, the unemployment rate is 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that while overall employment is expected to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these projections to Greenacre - South's employment mix suggests local employment should increase by 6.6% over five years and 13.5% over ten years.
Frequently Asked Questions - Employment
Income
Income figures position the area below 75% of locations analysed nationally by AreaSearch
AreaSearch's latest postcode level ATO data for financial year 2022 shows that Greenacre - South SA2 had an income below the national average. The median income was $39,476 and the average income was $53,384. This contrasts with Greater Sydney's figures of a median income of $56,994 and an average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Greenacre - South SA2 would be approximately $44,454 (median) and $60,116 (average) as of September 2025. The 2021 Census revealed that individual incomes lagged at the 4th percentile ($507 weekly), while household income performed better at the 33rd percentile. The earnings profile showed that the largest segment comprised 29.2% earning $1,500 - $2,999 weekly (3,968 residents), consistent with broader trends across the region showing 30.9% in the same category. Housing affordability pressures were severe, with only 77.4% of income remaining, ranking at the 24th percentile.
Frequently Asked Questions - Income
Housing
Greenacre - South displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Greenacre - South's dwelling structure, as per the latest Census, consisted of 68.1% houses and 31.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 61.5% houses and 38.4% other dwellings. Home ownership in Greenacre - South was at 33.3%, with mortgaged dwellings at 35.1% and rented ones at 31.6%. The median monthly mortgage repayment in the area was $2,330, higher than Sydney metro's $2,240. Weekly rent median was $450 compared to Sydney metro's $425. Nationally, Greenacre - South's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Greenacre - South features high concentrations of family households, with a higher-than-average median household size
Family households constitute 82.9% of all households, including 50.9% couples with children, 15.4% couples without children, and 15.4% single parent families. Non-family households comprise the remaining 17.1%, with lone person households at 15.7% and group households making up 1.4%. The median household size is 3.5 people, larger than the Greater Sydney average of 3.1.
Frequently Asked Questions - Households
Local Schools & Education
Greenacre - South shows below-average educational performance compared to national benchmarks, though pockets of achievement exist
The area's university qualification rate is 24.2%, significantly lower than Greater Sydney's average of 38.0%. Bachelor degrees are the most common at 16.5%, followed by postgraduate qualifications (6.4%) and graduate diplomas (1.3%). Vocational credentials are prevalent, with 26.4% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (16.1%). Educational participation is high, with 38.2% of residents currently enrolled in formal education, comprising 13.9% in primary, 11.1% in secondary, and 6.8% in tertiary education.
Educational participation is notably high, with 38.2% of residents currently enrolled in formal education. This includes 13.9% in primary education, 11.1% in secondary education, and 6.8% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Greenacre-South has 59 active public transport stops, all of which are bus stops. These stops are served by 19 different routes that together facilitate 1,614 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents on average located 163 meters from the nearest stop.
On average, there are 230 trips per day across all routes, equating to approximately 27 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Greenacre - South's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions
Analysis of health metrics shows strong performance throughout Greenacre - South, with younger cohorts seeing very low prevalence of common health conditions. Approximately 47% of the total population (~6,388 people) have private health cover, compared to the national average of 55.3%.
The most common medical conditions in the area are diabetes and arthritis, impacting 6.1 and 5.9% of residents respectively. A total of 76.7% of residents declared themselves completely clear of medical ailments, compared to 75.8% across Greater Sydney. As of 2021, 14.2% of residents are aged 65 and over (1,935 people), which is lower than the 15.8% in Greater Sydney.
Frequently Asked Questions - Health
Cultural Diversity
Greenacre - South is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Greenacre-South has a diverse population, with 43.2% born overseas and 73.9% speaking languages other than English at home. The predominant religion is Islam, practiced by 51.6%, compared to 27.9% in Greater Sydney. Lebanese ancestry is prevalent at 32.3%, significantly higher than the regional average of 14.9%.
Other ancestry makes up 26.5%, also notably higher than the regional average of 20.1%. Australian ancestry stands at 12.0%. Notably, Vietnamese (3.2% vs regionally 8.5%), Greek (3.3% vs 3.4%), and Korean (0.9% vs 0.7%) ethnicities are overrepresented in Greenacre-South compared to the Greater Sydney averages.
Frequently Asked Questions - Diversity
Age
Greenacre - South's young demographic places it in the bottom 15% of areas nationwide
Greenacre - South has a median age of 33, which is younger than Greater Sydney's figure of 37 and Australia's average of 38 years. Compared to Greater Sydney, Greenacre - South has a higher proportion of residents aged 5-14 (16.8%) but fewer residents aged 25-34 (11.7%). According to the 2021 Census, the population aged 15-24 grew from 15.2% to 16.2%, while the 5-14 age group declined from 17.7% to 16.8%. By 2041, significant demographic changes are projected for Greenacre - South. The 75-84 age cohort is expected to grow by 60%, adding 395 residents to reach a total of 1,049. Residents aged 65 and older will represent 69% of the anticipated population growth. Conversely, the 0-4 and 35-44 age groups are projected to experience population declines.