Bankstown

Suburb (SAL)

Greater Sydney / Bankstown

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL10181 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Bankstown

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The median house price in Bankstown is $1.59m, with units at $610k. House values have moved 6.3% a year compounded over five years.

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DemographicsPopulation Growth in Bankstown

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Bankstown has an estimated 37,510 residents, up from 34,933 at the 2021 Census — a change of 2,577 people, or 7.4%. Growth has averaged 1.2% a year over five years. 139 new addresses have been validated here since Census night. Overseas migration accounts for 72.0% of that increase. That puts 5,907 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to AreaSearch evaluations combining regional ABS figures with address validations completed following the Census, the suburb of Bankstown reached an estimated population of 37,510 as of Aug 2026. This represents an expansion of 2,577 people (7.4%) relative to the 2021 Census, when the suburb recorded 34,933 residents. Such estimates build upon an Estimated Resident Population of 37,407 determined from the ABS June 2025 data alongside 139 validated new addresses established post-Census. Consequently, the suburb registers a population density of 5,907 persons per square kilometer, placing it among the top 10% nationwide and driving intense competition for local land.

The suburb of Bankstown outpaced both the broader state and its SA4 region (6.6%) with its 7.4% increase since the 2021 census. This growth was predominantly fueled by overseas arrivals, accounting for roughly 72.0% of recent population additions. Population modeling across the suburb of Bankstown incorporates 2024 ABS/Geoscience Australia SA2 projections based in 2022, supplemented where necessary by 2022 NSW State Government SA2 releases with a 2021 baseline. Age-specific growth metrics from these models guide projections for 2032 to 2041. Based on combined SA2 data, the suburb is slated for top-quartile national expansion, adding 11,898 residents by 2041, which represents an overall gain of 31.4% across the 16-year timeframe.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Bankstown?
Total population for the suburb of Bankstown was estimated to be approximately 37,510 as at Aug 26. This is based upon an estimated resident population of 37,407 from the ABS up to June 2025.
How has the population in the suburb of Bankstown changed since 2021?
The suburb of bankstown has added approximately 2,577 people and shown a 7.38% increase from the 34,933 people recorded at the 2021 Census period.
What is the population density in the suburb of Bankstown?
The population density in the suburb of Bankstown is estimated at 5,907 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Bankstown?
Over the past 10 years, the population in the suburb of Bankstown has shown a compound annual growth rate of 1.2% per annum.
What are the main drivers of population growth in the suburb of Bankstown?
Population growth in the suburb of Bankstown is driven by: Overseas migration (72.0%), Natural increase (28.000000000000004%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 72.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Bankstown

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473 new dwellings have been approved in Bankstown over the past five years, an average of 94 a year. That places the area in the 66th percentile for residential development activity nationally, about 3 approvals per 1,000 residents a year. Of the 86 dwellings approved in the latest reporting year, 40% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 59, well below that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

AreaSearch assessment of ABS building approvals indicates that Bankstown has averaged approximately 94 residential approvals annually, yielding around 473 dwellings across the past 5 financial years. During FY-25 to date, 59 approvals have been logged. Over the 5 financial years spanning FY-21 to FY-25, roughly 5 incoming residents arrived for every new home constructed, creating a notable supply deficit that places upward pressure on local prices. Furthermore, the average construction cost for these new builds stands at $439,000, aligning with broader regional levels. Alongside residential development, commercial approvals have reached $264.2 million this financial year, underscoring substantial commercial interest.

Recent residential construction comprises 40.0% standalone houses alongside 60.0% medium-to-high density formats such as apartments and townhouses. This emphasis on higher-density stock offers accessible entry price points well-suited to first-home purchasers, investors, and downsizers. The area exhibits characteristic maturity, maintaining approximately 671 residents per building approval. Long-term forecasts based on the latest quarterly AreaSearch analysis indicate an intake of 11,795 additional residents across Bankstown by 2041. If building rates remain at current levels, housing supply could fall short of demographic expansion, likely intensifying buyer demand and reinforcing upward value trends.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Bankstown recently?
Dwelling approval activity in the the suburb of Bankstown area has seen 182 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Bankstown's current population of 37,510 has been supported by 94 approvals on average over recent years.
How does the suburb of Bankstown's development activity compare to the broader region?
The suburb of Bankstown has seen 0.24 approvals per 100 people in recent years, compared to 0.62 approvals in the broader region. This means that one dwelling has been approved for every 670 people in the suburb of Bankstown, compared to one for every 165 in the broader region.
Is the suburb of Bankstown keeping up with housing demand?
With the population expected to increase by 11,795 people by 2041, around 3,932 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 3.0 persons per dwelling. This indicates potential housing shortages if current approval trends continue.
What has been the trend in development approvals over the past five years in the suburb of Bankstown?
Looking at development activity over the past five years, the suburb of Bankstown's approval levels have been below the yearly average of 94, indicating a recent decline in approval activity.
How many dwellings will be needed to accommodate future population growth in the suburb of Bankstown?
The population in the suburb of Bankstown is expected to grow by 11,795 people by 2041, necessitating approximately 3,932 new dwellings. This calculation is based on the current census average of 3.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Bankstown?
Over the past five years, the population in the suburb of Bankstown has grown by approximately 9,784 people, while 473 residential approvals were recorded. This equates to a ratio of 20.7 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the suburb of Bankstown?
With dwelling approval activity running at an average of 94 approvals per year and a population of 37,510, there appears to be a supply shortfall relative to projected demand, presenting strong opportunities for residential developers. With the population expected to increase by 11,795 people by 2041, around 3,932 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Bankstown

Development applications around Bankstown

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Bankstown

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AreaSearch tracks 19 current infrastructure and development projects inside Bankstown, worth an estimated $19.9 billion. A further 70 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $28.9 billion. 20 are already under construction and 41 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Civic upgrades, major construction, and urban planning developments play a pivotal role in shaping local growth. AreaSearch has pinpointed 43 specific initiatives expected to influence the district, highlighted by the Bankstown CBD Transformation, the New Bankstown Hospital, the Compass Centre Redevelopment, and Stage 1 of the Bankstown Central Masterplan (Bankstown Exchange).

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Bankstown?
Key infrastructure and planning changes likely to influence the suburb of Bankstown include: Bankstown Exchange (Stage 1 - Bankstown Central Masterplan) (Construction); New Bankstown Hospital (Construction); Compass Centre Redevelopment (Under Assessment); Bankstown CBD Transformation (Construction); and Bankstown TOD Accelerated Precinct (Approved). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Bankstown?
Infrastructure development impacting the suburb of Bankstown spans multiple sectors including Communities, Precincts & Urban Renewal, Environmental & Disaster Management, and Health, among others.
What is the scale of infrastructure investment impacting the suburb of Bankstown?
Infrastructure investment analysis indicates substantial capital deployment exceeding $16.1 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Bankstown vicinity.
How does the suburb of Bankstown's infrastructure development compare to other areas?
The suburb of Bankstown ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
New Bankstown Hospital
Category: Health & Medical
Stage: Construction | Est. Comp: 2031
Source / Links: Link 1   Link 2  

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 facility will include a 14-storey hospital tower, an expanded emergency department, operating theatres, intensive care, maternity and mental health services, and a 10-storey car park. Early works and demolition are underway, with main construction expected to start in 2027 and completion targeted for 2031.

Health & Medical

Bankstown Exchange (Stage 1 - Bankstown Central Masterplan)
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

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.

Communities, Precincts & Urban Renewal

Bankstown TOD Accelerated Precinct
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2040
Source / Links: Link 1   Link 2  

State-led Transport Oriented Development Accelerated Precinct revitalising the Bankstown CBD and Metro station area. Rezoning took effect on 27 November 2024, enabling capacity for 14,000 new homes and up to 100,000 new jobs via 3.15 million square metres of commercial floor space. The plan features high-density mixed-use buildings up to 25 storeys, over 14 hectares of new and improved public open space, a new bus interchange, and enhanced walking and cycling links.

Communities, Precincts & Urban Renewal

Compass Centre Redevelopment
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Redevelopment of the Compass Centre site into a mixed-use precinct comprising a 5-storey podium and three towers. Approved by the Sydney South Planning Panel in February 2026, 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.

Communities, Precincts & Urban Renewal

Bankstown CBD Transformation
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2040
Source / Links: Link 1   Link 2  

A multi-billion dollar urban renewal initiative transforming Bankstown into a premier education, health, and lifestyle hub. The Bankstown Station transit interchange and pedestrian plaza are complete, while the $2 billion New Bankstown Hospital at 490 Chapel Road is underway following state significant approval. Designated as a Transport Oriented Development Accelerated Precinct to deliver up to 14,000 new homes.

Communities, Precincts & Urban Renewal

Parks for People Program - Bankstown
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   Link 2  

The Parks for People program delivers high-quality, sustainable open space in growing communities, supporting new housing with vibrant, well-connected public places. Jointly funded by the NSW and Commonwealth governments, this program accelerates the delivery of new parks and green spaces within the Bankstown Transport Oriented Development (TOD) Accelerated Precinct, providing places to exercise, rest, and socialise near the new Metro station.

Communities, Precincts & Urban Renewal

Salt Pan Creek Channel Repairs
Category: Environmental & Disaster Management
Stage: Planning | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Structural repairs and bank stabilization along Salt Pan Creek within the Cooks River catchment, affecting parts of Greenacre, Punchbowl, Belfield and nearby suburbs. Scope includes flood mitigation, stormwater channel rehabilitation, erosion control and environmental restoration works to improve waterway health and reduce flood risk.

Environmental & Disaster Management

Community Infrastructure Strategic Plan 2050
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2050
Source / Links: Link 1   Link 2  

The Community Infrastructure Strategic Plan 2050 (CISP) is a long-term framework adopted by Canterbury-Bankstown Council to guide the planning and delivery of 149 community facilities over the next 25 years. The plan focuses on consolidating ageing, fit-for-purpose assets into modern multipurpose hubs. Key initiatives include the redevelopment of the Canterbury Leisure and Aquatics Centre, new district libraries, youth centres, and enhanced cultural spaces. The strategy is designed to support a population expected to reach 500,000 by 2036, with priority growth areas identified in the Bankstown CBD and Campsie precincts.

Communities, Precincts & Urban Renewal

Jobs & IndustryEmployment Trends in Bankstown

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16,432 residents of Bankstown are employed, from a labour force of 18,226. Unemployment sits at 9.8%, with participation at 60.2%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.3% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Bankstown features a skilled workforce across a range of industries, registering a 9.8% jobless rate and a 2.6% annual rise in employment based on aggregated statistical area figures. As of March 2026, employed locals tally 16,432. The local unemployment rate exceeds the Greater Sydney benchmark of 4.1% by 5.7 percentage points, while the labor participation rate of 60.2% trails the broader metropolitan figure of 68.9%. Census records indicate that 29.3% of workers operated from home, though this figure was influenced by Covid-19 restrictions. The primary employment sectors for resident workers are retail trade, health care & social assistance, and manufacturing.

Manufacturing represents a clear area of local specialization, with resident participation reaching 1.6 times the metropolitan baseline. Conversely, professional & technical roles account for only 7.5% of the local workforce, lagging the 11.5% seen across Greater Sydney. Comparison between resident counts and local Census worker numbers demonstrates that the area functions largely as a dormitory suburb with limited internal job opportunities. According to AreaSearch analysis using SALM and ABS data aggregated from larger statistical regions, employment levels rose by 2.6% and the labour force grew by 3.6% during the year to March 2026, which led to an increase of 0.9 percentage points in the unemployment rate. In contrast, Greater Sydney experienced employment growth of 1.9%, labour force growth of 1.9%, and a slight decline in unemployment. Jobs and Skills Australia's national employment forecasts from Mar-26 provide additional context for understanding potential future demand in Bankstown. These projections, which span five and ten-year periods, have been aligned with the local employment profile to estimate regional growth patterns. Although national employment is projected to grow by 6.6% over five years and 13.7% over ten years, expansion varies considerably across different industry sectors. When these sector-specific forecasts are applied to Bankstown's employment composition, local employment is expected to rise by 6.3% over five years and 13.2% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Bankstown?
As of March 2026, the suburb of Bankstown has approximately 16,432 employed residents with an unemployment rate of 9.8%. The elevated unemployment rate suggests challenging labour market conditions. The area faces employment challenges compared to other regions nationally.
How does the suburb of Bankstown's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Bankstown stands at 9.8%, which is 5.7 percentage points above Greater Sydney's rate of 4.1%. This higher unemployment rate may indicate local labour market challenges. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Bankstown?
The employment landscape in the suburb of Bankstown is dominated by several key sectors. The largest employers are health care & social assistance (14.6% of employment), retail trade (12.0%), and manufacturing (9.3%). Other significant employers include transport, postal & warehousing and professional & technical.
How has employment changed recently in the suburb of Bankstown?
Over the past year to March 2026, the suburb of Bankstown has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has rise. By comparison, Greater Sydney saw employment increased and its unemployment rate dropped.
What is the workforce participation rate in the suburb of Bankstown?
The workforce participation rate in the suburb of Bankstown is 60.2%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate trailing the Greater Sydney average of 68.9%, suggesting potential for increased workforce participation.
Which industries are over-represented in the suburb of Bankstown's employment market?
The suburb of bankstown shows notable specialization in manufacturing, which employs 9.3% of the local workforce compared to 5.7% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Bankstown?
Based on Jobs and Skills Australia projections applied to the suburb of Bankstown's industry mix, employment is expected to grow by 6.3% over the next five years and 13.2% over ten years. This compares to national growth expectations of 6.6% over five years. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Bankstown compare nationally?
The suburb of bankstown's employment market shows weaker performance compared to most areas nationally. This suggests the need for targeted economic development initiatives. Recent job advertisement trends show the broader employment region saw a 5.9% decline, ranking 29.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Bankstown?
Skilled workers will find good opportunities in the suburb of Bankstown, with skilled sectors accounting for 36.2% of employment. Key sectors for skilled workers include health care & social assistance (14.6%), professional & technical (7.5%), and education & training (6.6%). With projected employment growth of 6.3% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Bankstown

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Median household income in Bankstown is $1,331 a week (about $69,000 a year), with median personal income at $542 a week. ATO records put median taxable income at $39,890 a year against an average of $50,066. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

According to ATO statistics compiled by AreaSearch for financial year 2023, resident earnings in the suburb of Bankstown track below nationwide figures. Local taxpayers recorded a median income of $39,890 and a mean of $50,066, trailing Greater Sydney equivalents of $60,817 and $83,003. Factoring in Wage Price Index movement of 10.32% since financial year 2023, updated estimates as of March 2026 indicate a median of $44,007 and an average of $55,233. The 2021 Census placed weekly household earnings ($1,331) in the 22nd percentile, with individual incomes sitting at the 6th percentile.

The predominant earnings cohort is the $1,500 - 2,999 bracket, capturing 30.9% of residents (11,590 people), which precisely matches the wider region at 30.9%. With households retaining only 76.4% of earnings after accommodation expenses (15th percentile), local housing stress remains pronounced.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Bankstown?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Bankstown is approximately $44,007. The official ATO data from FY-23 recorded a median of $39,890.
What is the average taxable income in the suburb of Bankstown?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Bankstown is approximately $55,233. The official ATO data from FY-23 recorded an average of $50,066.
How does the median taxable income in the suburb of Bankstown compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Bankstown is approximately $44,007 compared to $67,093 in Greater Sydney. The official ATO data from FY-23 shows $39,890 and $60,817 respectively.
How does the average taxable income in the suburb of Bankstown compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Bankstown is approximately $55,233 compared to $91,569 in Greater Sydney. The official ATO data from FY-23 shows $50,066 and $83,003 respectively.
What are the main income cohorts in the suburb of Bankstown according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~30.9% / 11,590 persons) of the suburb of Bankstown's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Bankstown compare to the region?
The largest income cohort in the suburb of Bankstown is the $1,500 - 2,999 group, representing about 30.9% of the population. In comparison, Greater Sydney's largest income cohort is the $1,500 - 2,999 group, representing 30.9% of its population, according to the 2021 Census.
What is the median household income in the suburb of Bankstown according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Bankstown is $1,331/wk.
What is the median family income in the suburb of Bankstown according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Bankstown is $1,436/wk.
What is the median personal income in the suburb of Bankstown according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Bankstown is $542/wk.
How does the suburb of Bankstown's income rank nationally?
The suburb of Bankstown shows a median taxpayer income of $39,890 and an average of $50,066 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is below the national average, contrasting with Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 10.32% since FY-23, current estimates would be approximately $44,007 (median) and $55,233 (average) as of March 2026.
What is the disposable income in the suburb of Bankstown?
The estimated disposable income in the suburb of Bankstown is $4,404 per year according to AreaSearch analysis.
How does the suburb of Bankstown's disposable income compare to the region?
The suburb of bankstown's disposable income is $4,404 compared to $7,412 for Greater Sydney, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Bankstown

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Bankstown had 10,980 occupied dwellings at the 2021 Census, 30% detached houses and 59% apartments. 26% are owned with a mortgage, 52% rented and 22% owned outright. At that Census the median rent was $400 a week and the median mortgage repayment $1,800 a month. Rent absorbs 30.1% of household income here and mortgage repayments 31.2%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

Census findings show that the residential fabric of Bankstown consists of 30.1% standalone houses and 70.0% higher-density dwellings (including apartments, semi-detached properties, and other formats), differing notably from the Greater Sydney profile of 55.9% houses and 44.1% other stock. Outright home ownership stood at 22.2%, trailing metropolitan levels, while 25.5% of homes carried a mortgage and 52.2% were rented. The median monthly mortgage commitment was $1,800, well beneath the metropolitan benchmark of $2,427 and below the national midpoint of $1,863. Conversely, the median weekly rent of $400 sat below the Sydney metro level of $470 but surpassed the national average of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Bankstown?
In the suburb of Bankstown, 22.2% of homes are owned outright, 25.5% are owned with a mortgage, and 52.2% are rented.
What percentage of dwellings in the suburb of Bankstown are houses?
According to the latest data, 30.1% of dwellings in the suburb of Bankstown are houses.
What percentage of dwellings in the suburb of Bankstown are apartments or units?
In the suburb of Bankstown, 58.7% of dwellings are apartments or units, with an additional 10.2% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Bankstown?
Outright home ownership in the suburb of Bankstown stands at 22.2%, compared to 28.7% in Greater Sydney.
What is the median monthly mortgage repayment in the suburb of Bankstown?
The median monthly mortgage repayment in the suburb of Bankstown is $1,800, compared to $2,427 in Greater Sydney.
What is the median weekly rent in the suburb of Bankstown?
The median weekly rent in the suburb of Bankstown is $400, compared to $470 in Greater Sydney.
What is the distribution of rental prices in the suburb of Bankstown?
In the suburb of Bankstown, 6.8% of rentals are $0-149/week, 17.2% are $150-349/week, 72.4% are $350-649/week, 3.3% are $650-949/week, and 0.4% are $950+/week.
What is the average monthly housing cost in the suburb of Bankstown?
The aggregate monthly housing cost in the suburb of Bankstown is $1,363, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Bankstown?
In the suburb of Bankstown, households with mortgages typically spend 31.2% of their income on mortgage repayments, while renters spend 30.1% of their income on rent.
How crowded are homes in the suburb of Bankstown?
The average persons per bedroom ratio in the suburb of Bankstown is 1.2, indicating the level of household density.
How does housing affordability in the suburb of Bankstown compare to the region?
Housing affordability in the suburb of Bankstown shows mortgage holders spending 31.2% of income on repayments (vs 27.0% regionally), while renters spend 30.1% of income on rent (vs 22.6% regionally).
What types of dwellings are most common in the suburb of Bankstown?
The dwelling mix in the suburb of Bankstown consists of 30.1% detached houses, 10.2% semi-detached dwellings, 58.7% apartments, and 1.1% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Bankstown?
Based on the area's tenure composition, the weighted average monthly housing cost is approximately $1,363. This accounts for outright owners paying no housing costs, mortgage holders paying $1,800/month, and renters paying $1,732/month.
How affordable is housing in the suburb of Bankstown relative to local incomes?
Housing in Bankstown consumes approximately 23.7% of median household income ($5,763 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Bankstown?
Recent development applications in Bankstown show attached dwellings contributing 36% of approvals compared to 70% of existing stock, while detached houses represent 64% of applications versus 30% of current dwellings. This suggests development patterns consistent with existing housing mix. This area is seeing substantial increases in dwelling density compared to most Australian locations.

HouseholdsHousehold Composition in Bankstown

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Bankstown counted 10,980 households at the 2021 Census, an estimated 11,790 today, averaging 2.9 people each. 38% are couples with children, against 18% couples without children. 22% of households are people living alone, and families average 1.5 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Families constitute 73.8% of local households, comprising couples with children at 37.7%, couples without children at 18.1%, and single-parent arrangements at 15.9%. The remaining 26.2% consists of non-family living situations, with sole occupants accounting for 22.0% and shared group dwellings making up 4.2%. The typical household accommodates 2.9 people, exceeding the Greater Sydney average of 2.7.

Frequently Asked Questions - Households

How many households are in the suburb of Bankstown?
As of the 2021 Census, the suburb of Bankstown had 10,980 households. Based on population growth patterns, this has grown by approximately 7.4% to an estimated 11,790 households today.
What is the typical household size?
The median household size in the suburb of Bankstown is 2.9 people. This compares to 2.7 in Greater Sydney and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 73.8% of all households. The remaining households consist of lone person households (22.0%), group households (4.2%), and other household types (0.0%).
How are families structured in the area?
Among the 8,103 family households, 37.7% are couples with children, 18.1% are couples without children at home, and 15.9% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Bankstown compare to regional household patterns?
Compared to Greater Sydney, the suburb of Bankstown shows distinct household patterns. This family-oriented profile influences local demand for family homes, schools, and children's services.
What is the average family size?
Families in the suburb of Bankstown have an average of 1.5 children, matching the Greater Sydney average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Bankstown?
Marriage patterns reveal 48.5% of the adult population are currently married, while 32.5% have never married. This compares to 48.3% married and 36.4% never married across Greater Sydney.
How significant are single-person households?
Single-person households represent 22.0% of all households in the suburb of Bankstown, similar to the regional average of 23.2%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 4.2% of households, well below the Greater Sydney average of 4.2%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Bankstown

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30.2% of adults in Bankstown hold a university qualification, including 20.8% with a bachelor degree and 8.1% with postgraduate qualifications. A further 13.4% hold a vocational qualification. 13 schools serve the area, with 5,650 enrolment places and an average ICSEA of 978 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Tertiary attainment in Bankstown tracks behind the wider metropolitan area, with 30.2% of individuals aged 15+ possessing higher education qualifications compared to 38.0% across Greater Sydney. Bachelor degrees constitute 20.8%, followed by postgraduate degrees at 8.1% and graduate diplomas at 1.3%. Technical and vocational credentials represent 24.3% of qualifications among residents aged 15+, divided between certificates (13.4%) and advanced diplomas (10.9%). A substantial 34.9% of local residents are actively engaged in formal study. This cohort includes 10.3% attending primary school, 7.8% in secondary education, and 7.4% enrolled in higher education courses.

Frequently Asked Questions - Education

What percentage of people in the suburb of Bankstown have university qualifications?
30.2% of people aged 15 and over in the suburb of Bankstown have university qualifications, compared to 38.0% in the broader region.
What percentage of people in the suburb of Bankstown have no formal qualifications?
45.5% of people aged 15 and over in the suburb of Bankstown have no formal qualifications, compared to 34.2% regionally.
How does the suburb of Bankstown's education level compare to national averages?
The suburb of bankstown ranks in the 41th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Bankstown?
The most common qualifications in the suburb of Bankstown are: Bachelor Degree (20.8%), Certificate (13.4%), Advanced Diploma (10.9%).
What proportion of the suburb of Bankstown's population is currently attending educational institutions?
34.9% of the population in the suburb of Bankstown is currently engaged in formal education, with 10.3% in primary school, 7.8% in secondary school, 7.4% at university.
What is the ICSEA score for schools in the suburb of Bankstown?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Bankstown is 978, indicating below-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Bankstown?
There are 13 schools within the suburb of Bankstown, with a combined enrollment of approximately 5,650 students.
What types of schools are available in the suburb of Bankstown?
The suburb of bankstown includes 8 primary schools, 3 secondary schools, 2 combined schools.

Schools Detail

AmenitiesServices & Amenities in Bankstown

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Getting AroundTransport & Commuting in Bankstown

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Public transport in Bankstown reaches 202 stops on 52 routes, timetabled for about 13,900 services a week. The typical home sits about 140 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.0 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

The public transit network across Bankstown features 202 stops providing combined bus and rail connectivity. These facilities accommodate 52 routes delivering 13,876 passenger departures each week. Accessibility is exceptional, with the typical dwelling situated 135 meters from the nearest boarding point. As a residential center, outbound commuting is typical, with private vehicle travel representing the primary choice at 73%, while train journeys make up 14% and bus travel accounts for 5%. Household vehicle ownership stands at 1.0 per dwelling, below the metropolitan average, while 29.3% of workers worked from home according to 2021 Census figures influenced by lockdown restrictions.

Transit services maintain an average volume of 1,982 daily trips across the local network, translating to roughly 68 weekly departures per stop. The surrounding map highlights the 100 closest transit stops relative to the center of the area.

Frequently Asked Questions - Transport

How many public transport stops are in Bankstown?
There are 202 public transport stops within the suburb of Bankstown.
How frequent are the transport services in Bankstown?
the suburb of Bankstown has 13,876 weekly trips across 52 routes, averaging 1,982 trips per day.
How far are residents from public transport in Bankstown?
On average, residential properties are 135 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Bankstown

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79.7% of residents in Bankstown report no long-term health condition. 6.7% need daily assistance with core activities, and 46.8% hold private health cover. The standardised death rate runs at 5.3 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health metrics across Bankstown sit above average based on AreaSearch evaluations of mortality and chronic illness, with lower incidence rates noted across both younger and older demographics. Private health insurance uptake is comparatively low, covering roughly 47% of residents (~17,554 people), trailing Greater Sydney (59.9%) and the national benchmark (55.7%). Diabetes and arthritis represent the most prevalent diagnosed conditions, affecting 5.2% and 5.0% of the population respectively. Overall, 79.7% of residents reported having no chronic medical conditions, outperforming the Greater Sydney rate of 74.6%. Residents aged 65 and over comprise 13.9% of the suburb (5,213 people), lower than the 15.5% recorded across Greater Sydney, with older residents maintaining above-average health relative to national benchmarks.

Frequently Asked Questions - Health

How many people in the suburb of Bankstown have private health insurance?
Around 46.8% of people in the suburb of Bankstown are covered by private health insurance, which compares to 59.9% in the broader region of Greater Sydney.
What percentage of the population requires ongoing medical assistance in the suburb of Bankstown?
In the suburb of Bankstown, 6.7% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.2% of people in Greater Sydney require similar assistance.
How prevalent is asthma in the suburb of Bankstown?
4.8% of people in the suburb of Bankstown are diagnosed with asthma. In comparison, 6.4% of the population across Greater Sydney is affected by asthma.
What percentage of people have diabetes in the suburb of Bankstown?
Diabetes affects 5.2% of the the suburb of Bankstown population, while in the surrounding region, 4.3% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Bankstown?
2.4% of people in the suburb of Bankstown have heart disease. Across the region of Greater Sydney, 3.2% of the population is affected by heart disease.
How does the suburb of Bankstown compare to the region in terms of overall private health coverage?
In the suburb of Bankstown, 46.8% of the population are estimated to have private health insurance. Comparatively, Greater Sydney sees an estimated private health coverage rate of 59.9%.

Ancestry & LanguageCultural Diversity in Bankstown

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61.1% of Bankstown residents were born overseas and 80.3% speak a language other than English at home, more culturally diverse than 98% of areas nationally. The largest reported ancestries are Vietnamese (18.0%) and Lebanese (11.4%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Displaying exceptional multiculturalism, Bankstown records 61.1% of its population born abroad, while 80.3% speak a non-English language at home. Islam represents the most common religious affiliation, encompassing 34.4% of residents compared to 6.8% across Greater Sydney. Examining parental country of birth, the primary ancestry classifications in Bankstown are Other at 28.8% (exceeding the regional benchmark of 16.0%), Vietnamese at 18.0% (well above the regional 1.8%), and Lebanese at 11.4% (substantially above the regional 2.6%). Other groups exhibiting higher representation than the broader region include Chinese at 10.5% (vs 8.4%), Macedonian at 2.0% (vs 0.4%), and Samoan at 0.7% (vs 0.5%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Bankstown?
Bankstown is among the most culturally diverse areas in the country, with 61.1% of its population born overseas and 80.3% speaking a language other than English at home.
What is the most common religion in the suburb of Bankstown?
The main religion in Bankstown was found to be Islam, which makes up 34.4% of people in Bankstown. This compares to 6.8% across Greater Sydney.
What are the top countries of origin in the suburb of Bankstown?
In terms of ancestry (country of birth of parents), the top three represented groups in Bankstown are Other, comprising 28.8% of the population, which is substantially higher than the regional average of 16.0%, Vietnamese, comprising 18.0% of the population, which is substantially higher than the regional average of 1.8%, and Lebanese, comprising 11.4% of the population, which is substantially higher than the regional average of 2.6%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Macedonian is notably overrepresented at 2.0% of Bankstown (vs 0.4% regionally), Samoan at 0.7% (vs 0.5%) and Chinese at 10.5% (vs 8.4%).
How does the percentage of people born overseas compare to the regional average?
61.1% of the the suburb of Bankstown population was born overseas, compared to 40.5% regionally.
What percentage of the the suburb of Bankstown population speaks a language other than English at home?
80.3% of the population in the suburb of Bankstown speaks a language other than English at home, compared to 39.5% in the wider region.
How many people in the suburb of Bankstown identify as Australian Aboriginal?
0.4% of the the suburb of Bankstown population identifies as Australian Aboriginal, compared to 1.3% in the region.
What is the citizenship status of the population in the suburb of Bankstown?
73.2% of the the suburb of Bankstown population holds citizenship, compared to 80.8% in the wider region.

Age StructureAge Profile of Bankstown

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The median resident of Bankstown is 34, younger than 82% of areas nationally. 32.0% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

Age distributions in Bankstown align closely with metropolitan averages, diverging by no more than 2.0 percentage points across any single cohort. The median age remains steady at 34 from the 2021 Census, sitting 3 years younger than the Greater Sydney median of 37 recorded at that time. Since the Census, the proportion of residents aged 65 and over has expanded from 12.3% to an estimated 13.9%. Forecasts to 2041 indicate that senior and retiree cohorts will see the largest numeric expansion, increasing by 3,626 residents (70%) to reach 8,840.

Frequently Asked Questions - Age

What is the median age in the suburb of Bankstown?
AreaSearch estimates the median age in the suburb of Bankstown at 34 years as at August 2026. That is in line with the 2021 Census figure of 34 years, on an age profile AreaSearch re-estimates for population change recorded since the Census.
How does the suburb of Bankstown's median age compare to broader areas?
At an estimated 34 years as at August 2026, Bankstown is 3 years younger than the Greater Sydney 2021 Census average (37 years) and 4 years younger than the national Census average (38 years).
What age groups are over-represented in the suburb of Bankstown?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the suburb of Bankstown compared to the Greater Sydney region is the 25 - 34 group, making up 19.0% of the population.
What age groups are under-represented in the suburb of Bankstown?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the suburb of Bankstown compared to the Greater Sydney region is the 45 - 54 group, making up 10.8% of the population.
Are there age groups with notable population variances?
No, the age distribution in the suburb of Bankstown is broadly in line with the Greater Sydney region.
What is the percentage of children (0-14 years) in the suburb of Bankstown?
AreaSearch estimates children aged 0-14 years at 19.1% of the population in the suburb of Bankstown as at August 2026.
What is the percentage of older people (65+ years) in the suburb of Bankstown?
AreaSearch estimates people aged 65 and over at 13.9% of the population in the suburb of Bankstown as at August 2026.

Data & MethodBoundaries, Sources & Method for Bankstown

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) Aug 2026 this month headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 this month headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 this month headline measures · Jun 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Aug 2026 this month all 19 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Aug 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 139 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (34,933 at the 2021 Census → 37,510 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL10181). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Bankstown suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Bankstown page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Bankstown data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Aug 2026), property sales & rents (Aug 2026), infrastructure projects (Aug 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas