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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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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 is around 13,830 as of May 2026. This reflects an increase since the 2021 Census, which reported a population of 13,416 people. The growth of 414 people (3.1%) is inferred from the estimated resident population of 13,795 in June 2025 and an additional 40 validated new addresses since the Census date. This results in a density ratio of 4,769 persons per square kilometer, placing Greenacre - South in the top 10% of national locations assessed by AreaSearch. The area's growth rate of 3.1% since the census is within 2.3 percentage points of its SA3 area (5.4%), indicating competitive growth fundamentals. Overseas migration contributed approximately 64.7% of overall population gains during recent periods, driving primary growth in Greenacre - South.
AreaSearch adopts 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 uses NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population trends suggest lower quartile growth, with Greenacre - South expected to expand by 408 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 2.7% in total over the 16 years.
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 FY26, 41 approvals have been recorded. On average, 0.3 new residents arrive per year for each new home built between FY21 and FY25. The average construction value of these dwellings is $324,000.
This financial year has seen $345,000 in commercial approvals, reflecting the area's residential focus. Compared to Greater Sydney, Greenacre - South maintains similar development levels per capita, preserving market balance with surrounding regions. New building activity consists of 46.0% detached houses and 54.0% attached dwellings, indicating a shift towards denser development to cater to downsizers, investors, and entry-level buyers. This trend differs from the area's current housing composition, which is 68.0% houses. The location has an approximate population density of 225 people per dwelling approval, suggesting a low-density market.
According to AreaSearch's latest quarterly estimate, Greenacre - South is projected to gain 372 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling population growth that exceeds forecasts.
Frequently Asked Questions - Development
Development applications around Greenacre - South
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| Lodged | Address | Description | Type | Distance | Status |
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Greenacre - South has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
The performance of an area can be significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 15 projects that are expected to impact the area. Notable projects include Punchbowl Station Upgrade - Sydney Metro City & Southwest, Greenacre Community Place Precinct Framework, Lakemba Station Sydney Metro Upgrade, and Eden Residential Development. The following list details those projects likely to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
New Bankstown Hospital
The NSW Government is investing $2 billion to deliver a new state-of-the-art hospital on the former TAFE NSW Bankstown campus site on Chapel Road, the largest single public hospital investment in NSW history. The latest design unveiled in April 2026 features a 14-storey hospital tower alongside a 10-storey car park providing at least 950 spaces (almost double the current capacity). The facility will include an expanded emergency department, operating theatres, intensive care, surgical and medical services, maternity and paediatric services, mental health, outpatients, aged health, and a Research and Education Centre. Located in Bankstown CBD with strong connections to bus, train and the future Sydney Metro, the new hospital aims to transform healthcare for the fast-growing south-west Sydney community. Enabling works commenced on site in March 2026 with Hindmarsh Construction Australia engaged following a competitive tender (contract awarded 16 February 2026), with site fencing installed and demolition of former TAFE buildings due to begin mid 2026. The early works Review of Environmental Factors (REF) was approved on 24 January 2026, and the State Significant Development Application (SSD-105396208) was lodged on 10 April 2026 with submissions closing 7 May 2026. Main works construction is expected to start in 2027 subject to planning approval, with completion targeted for 2031. Existing Bankstown-Lidcombe Hospital on Eldridge Road will continue operating throughout construction and later be repurposed for community health services.
Bankstown CBD Transformation
A multi-billion dollar urban renewal initiative. As of March 2026, the Bankstown Station transit interchange and a 90-meter pedestrian plaza have opened. The 2 billion dollar New Bankstown Hospital is in the enabling works phase on the former TAFE site with main construction slated for 2027. Major stormwater upgrades to protect the CBD from 1-in-100-year floods were completed in August 2025. The Sydney Metro City and Southwest line is in final testing, with services to Bankstown expected to commence in the second half of 2026. The precinct is designated as a Transport Oriented Development (TOD) Accelerated Precinct, facilitating up to 14,000 new homes.
Bankstown Central Masterplan
Vicinity Centres' long-term Bankstown Central masterplan proposes to transform the 11.4 ha shopping centre site into a mixed-use health, education and innovation precinct. The vision includes about 300,000 sqm of new buildings across 16 development sites, with commercial offices, retail and dining, residential apartments, student accommodation, hotel uses, childcare, open space and transport integration. Stage One, Bankstown Exchange, has development approval for three A-grade commercial office buildings totalling about 30,000 sqm with ground-floor retail, Eat Street dining, public open space, a relocated bus interchange, basement parking and end-of-trip facilities. The broader 2022 planning proposal for about 19 towers is listed by the NSW Planning Portal as Not Proceeding, while Vicinity's FY25 update notes approved LEP controls supporting a potential residential opportunity at Bankstown Central under the NSW TOD program.
Lakemba Transport Oriented Development Masterplan
The Lakemba Transport Oriented Development Masterplan is a place-based urban renewal scheme led by the City of Canterbury-Bankstown and finalised by the NSW Government in early February 2026. It supersedes the State's blanket TOD SEPP controls with a tailored alternative that, together with the Belmore precinct, creates capacity for more than 18,000 new homes within walking distance of the Lakemba and Belmore Sydney Metro stations. The plan permits buildings up to 18 storeys in strategic locations near the station, while revitalising Haldon Street and surrounding main streets with shop-top housing, retail and services. It is paired with public domain investment including the completed Lakemba Lights upgrade at the Haldon and Oneata Streets intersection (delivered with Transport for NSW under the Your High Street program), wider Belmore and Lakemba Town Centre Renewal works, supporting amendments to the Canterbury-Bankstown Development Control Plan, and updates to the Local Infrastructure Contributions Plan. Growth is timed to coincide with the opening of metro services on the Sydenham to Bankstown line, scheduled for the second half of 2026.
Bankstown Exchange (Stage 1 - Bankstown Central Masterplan)
Bankstown Exchange is the initial phase of the 30-year Bankstown Central masterplan, creating a vibrant mixed-use destination. The project includes approximately 30,000 sqm of modern office space across three buildings, a new 'Eat Street' dining precinct, and 5,000 sqm of landscaped public space. It features a revitalized bus interchange to integrate with the Sydney Metro City and Southwest line. The development is designed to support the Bankstown Health and Education Innovation Precinct (BHEIP) and includes basement parking for 320 cars and 240 bicycles.
Punchbowl Station Upgrade - Sydney Metro City & Southwest
Conversion of the heritage-listed Punchbowl Station, originally opened in 1909, to fully automated metro standards as part of the Sydenham to Bankstown extension of the M1 Metro North West & Bankstown Line. The station closed on 30 September 2024 to allow conversion works, with new lifts installed for the first time, level access between platforms and trains via mechanical gap fillers, platform screen doors, refurbished station buildings, upgraded platform surfaces and a new kiss and ride zone. The works are part of the Dulwich Hill, Campsie and Punchbowl station package delivered by Downer EDI Works (valued around 107 million AUD), with broader corridor works including 28.3 kilometres of new railway fencing, road-over-rail bridge upgrades and platform screen door installation. Once open, customers will have a new air-conditioned metro train every four minutes in the peak, equating to 15 trains an hour compared to eight previously. High-speed dynamic testing at up to 100 km/h commenced in November 2025, with around 9,000 hours and 30,000 kilometres of testing required before opening. Services are scheduled to commence in the second half of 2026, with a target opening of September 2026, after delays attributed to industrial action and the complexity of converting a 130-year-old line.
Compass Centre Redevelopment
Redevelopment of the Compass Centre site into a mixed-use precinct comprising a 5-storey podium and three towers. The proposal includes a 19-storey hotel with approximately 169 rooms and two 24-storey build-to-rent residential towers providing 339 apartments. The precinct will feature a supermarket, retail shops, a gym, a medical centre, childcare, and a function centre. It aims to improve connectivity with through-site links between Bankstown Station and Paul Keating Park, alongside significant public domain and landscaping upgrades.
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 drivers in Greenacre - South are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia
Greenacre - South has a diverse workforce with an unemployment rate of 10.6% as of December 2025. The area experienced employment growth of 4.7% over the past year. Compared to Greater Sydney's unemployment rate of 4.2%, Greenacre - South's rate is 6.4% higher, indicating room for improvement.
Workforce participation in Greenacre - South is significantly lower at 53.5%, compared to Greater Sydney's 68.8%. A high proportion of residents work from home, with 34.5% doing so according to Census responses. Leading employment industries include health care & social assistance, retail trade, and construction. Retail trade stands out with employment levels at 1.4 times the regional average.
However, professional & technical services have limited presence, with only 7.2% of residents employed in this sector compared to the regional average of 11.5%. Over the year to December 2025, employment increased by 4.7%, while labour force grew by 5.3%, leading to a rise in unemployment rate by 0.5 percentage points. National employment forecasts from Jobs and Skills Australia project growth of 6.6% over five years and 13.5% over ten years for Greenacre - South, based on its current employment mix.
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 2023 shows that Greenacre - South SA2 has an income below the national average. The median income is $43,646 and the average income stands at $56,211. This contrasts with Greater Sydney's figures of a median income of $60,817 and an average income of $83,003. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates would be approximately $48,150 (median) and $62,012 (average) as of March 2026. The 2021 Census data shows individual incomes lag at the 4th percentile ($507 weekly), while household income performs better at the 33rd percentile. The earnings profile indicates that the largest segment comprises 29.2% earning $1,500 - 2,999 weekly (4,038 residents), consistent with broader trends across the region showing 30.9% in the same category. Housing affordability pressures are 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
The dwelling structure in Greenacre - South, 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 55.9% houses and 44.1% other dwellings. The home ownership level in Greenacre - South was 33.3%, with the remaining dwellings either mortgaged (35.1%) or rented (31.6%). The median monthly mortgage repayment in the area was $2,330, below the Sydney metro average of $2,427. The median weekly rent figure was $450, compared to Sydney metro's $470. Nationally, Greenacre - South's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were 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 are the majority, making up 82.9% of all households. They include couples with children at 50.9%, couples without children at 15.4%, and single parent families also at 15.4%. Non-family households account for the remaining 17.1%, with lone person households being 15.7% and group households making up 1.4% of the total. The median household size is 3.5 people, which is larger than the Greater Sydney average of 2.7.
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 and above 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.
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 68 active public transport stops, all of which are bus stops. These stops are served by 19 different routes that together facilitate 1,709 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents typically located just 163 meters from the nearest stop. As a predominantly residential zone, most residents commute outward using their cars, which remain the dominant mode of transport at 86%. Only 6% of residents use trains for commuting. On average, there are 1.6 vehicles per dwelling in the area, higher than the regional average.
According to the 2021 Census, a high proportion of residents, 34.5%, work from home, which may be due to COVID-19 conditions. The service frequency across all routes averages 244 trips per day, equating to approximately 25 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Greenacre - South's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts
Health data for Greenacre - South indicates positive outcomes relative to national benchmarks. Mortality rates and health conditions are broadly in line with national averages, but prevalence of common health conditions is higher among older, at-risk cohorts. The rate of private health cover is very low at approximately 48% of the total population (6,569 people), compared to 59.9% across Greater Sydney and a national average of 55.7%.
Diabetes and arthritis are the most common medical conditions in the area, affecting 6.1% and 5.9% of residents respectively. A total of 76.7% of residents declare themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney. Working-age residents have low chronic condition prevalence. The area has 14.6% of residents aged 65 and over (2,019 people).
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 is among the most culturally diverse areas in Australia, with 43.2% of its population born overseas and 73.9% speaking a language other than English at home. The dominant religion in Greenacre-South, as of recent data, is Islam, comprising 51.6% of the population, significantly higher than the Greater Sydney average of 6.8%. In terms of ancestry, the top groups in Greenacre-South are Lebanese (32.3%), Other (26.5%), and Australian (12.0%).
These figures differ notably from regional averages: Lebanese is substantially higher (vs 2.6%), Other is also significantly higher (vs 16.0%), while Australian is notably lower (vs 17.8%). There are notable divergences in the representation of certain other ethnic groups, such as Vietnamese at 3.2% (vs regional 1.8%), Greek at 3.3% (vs 1.9%), and Korean at 0.9% (vs 1.1%).
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 significantly under Australia's median age of 38. Compared to Greater Sydney, Greenacre - South has a higher proportion of residents aged 5-14 (16.1%) but fewer residents aged 25-34 (11.8%). Between the 2021 Census and present day, the population aged 15-24 has increased from 15.2% to 16.8%, while the 5-14 cohort has decreased from 17.7% to 16.1%. By 2041, population forecasts indicate substantial demographic shifts in Greenacre - South. The 75-84 age group is projected to grow by 53%, adding 362 residents to reach a total of 1,040. This growth contributes to the overall aging trend, with residents aged 65 and older representing 70% of anticipated population growth. Conversely, the 0-4 and 5-14 age groups are expected to experience population declines.