Meadowbank (NSW)

Population growth drivers in Meadowbank are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of February 2026, the estimated population of the suburb of Meadowbank (NSW) is around 5,993, reflecting a 17.8% increase from the 2021 Census figure of 5,089 people. This growth was inferred from AreaSearch's validated new addresses and resident population estimate based on ABS ERP data released in June 2024. The population density ratio is 8,685 persons per square kilometer, placing Meadowbank in the top 10% nationally. The suburb's growth exceeded both state (7.8%) and SA4 region averages, driven primarily by overseas migration contributing approximately 82.0% of overall population gains. AreaSearch projects a median population increase to 2041 based on ABS/Geoscience Australia projections for each SA2 area released in 2024 with a 2022 base year, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with a 2021 base year. By 2041, the suburb is expected to grow by approximately 567 persons, reflecting a total increase of 1.3% over the 17-year period.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Looking at population projections moving forward, a population increase just below the median of statistical areas across the nation is expected, with the area expected to grow by 567 persons to 2041 based on aggregated SA2-level projections, reflecting with an increase of 1.3% in total over the 17 years.

Recent residential development output has been above average within Meadowbank when compared nationally

AreaSearch analysis of ABS building approval numbers in Meadowbank shows approximately 41 residential properties granted approval each year over the past five financial years, totalling an estimated 208 homes. As of FY-26, 19 approvals have been recorded. On average, one new resident is associated with each dwelling constructed annually between FY-21 and FY-25. This suggests that new construction is meeting or exceeding demand, providing more options for buyers and potentially supporting population growth beyond current expectations.

The average expected construction cost value of new properties is $551,000, indicating a focus on the premium market with high-end developments. In FY-26, $27.4 million in commercial development approvals have been recorded, demonstrating steady commercial investment activity in Meadowbank. Compared to Greater Sydney, Meadowbank exhibits around 75% of construction activity per person and ranks among the 91st percentile nationally. However, recent construction activity has intensified.

Currently, it comprises approximately 21.0% detached houses and 79.0% townhouses or apartments, promoting higher-density living which creates more affordable entry points for downsizers, investors, and first-home buyers. Meadowbank's population growth is reflected in its dwelling approvals to population ratio of around 70 people per dwelling approval, indicating characteristics of a growth area. Recent AreaSearch estimates project Meadowbank to add approximately 80 residents by 2041. At current development rates, new housing supply should comfortably meet demand, creating favourable conditions for buyers and potentially supporting growth beyond current population projections.

Meadowbank has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified six projects likely to impact this region. Notable ones are apt.Meadowbank Build-to-Rent Precinct, Constitution Road Infrastructure Upgrade, Sydney Metro West, and The Meadowbank Bridge Upgrade.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch analysis of employment trends sees Meadowbank performing better than 85% of local markets assessed across Australia

Meadowbank has an educated workforce. The technology sector is well-represented. Unemployment rate is 2.8%.

Employment growth over the past year is estimated at 10.4% based on AreaSearch data aggregation. As of September 2025, 4,200 residents are employed with an unemployment rate of 1.4%, below Greater Sydney's rate of 4.2%. Workforce participation is high at 79.9%. Census responses indicate 57.6% work from home, considering Covid-19 impacts.

Leading industries include professional & technical, health care & social assistance, finance & insurance. Meadowbank specializes in professional & technical jobs, with an employment share of 1.5 times the regional level. Construction employs fewer residents than Greater Sydney, at 5.6%. Employment opportunities locally appear limited based on Census data comparison. In the past year, employment increased by 10.4% while labour force grew by 9.4%, reducing unemployment by 0.9 percentage points. Greater Sydney recorded lower employment growth and a slight unemployment rise. Jobs and Skills Australia's May-25 forecasts suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Meadowbank's industry mix, local employment is estimated to increase by 7.3% over five years and 14.6% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

According to AreaSearch's aggregation of ATO data released for financial year 2023, Meadowbank had a median income among taxpayers of $67,661 and an average income of $87,529. These figures are among the highest in Australia, compared to Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth from financial year 2023 to September 2025 (an increase of 8.86%), current estimates for Meadowbank would be approximately $73,656 median and $95,284 average. From the 2021 Census, individual earnings at the 90th percentile nationally were $1,184 weekly. In Meadowbank, the income bracket of $1,500 - 2,999 dominated with 37.1% of residents (2,223 people), reflecting a similar pattern in the broader area where 30.9% occupied this range. High housing costs consumed 19.7% of income, but strong earnings placed disposable income at the 59th percentile nationally. The area's SEIFA income ranking places it in the 9th decile.

Meadowbank features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Meadowbank's dwellings, as per the latest Census, consisted of 2.3% houses and 97.6% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 55.9% houses and 44.1% other dwellings. Home ownership in Meadowbank was at 13.0%, with mortgaged dwellings at 26.7% and rented ones at 60.4%. The median monthly mortgage repayment in the area was $2,148, below Sydney metro's average of $2,427. The median weekly rent figure was $430, compared to Sydney metro's $470. Nationally, Meadowbank's mortgage repayments were higher at $2,148 than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Meadowbank features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households constitute 58.2 percent of all households, including 18.9 percent couples with children, 31.7 percent couples without children, and 6.1 percent single parent families. Non-family households account for the remaining 41.8 percent, with lone person households at 37.0 percent and group households comprising 4.8 percent of the total. The median household size is 2.0 people, which is smaller than the Greater Sydney average of 2.7.

Meadowbank shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

In Meadowbank, the proportion of residents aged 15 and above with university qualifications is notably higher than national and state averages, standing at 62.4% compared to 30.4% in Australia and 32.2% in New South Wales (NSW). This significant educational advantage suggests strong potential for knowledge-based opportunities in the area. Bachelor degrees are the most prevalent, held by 38.0% of residents, followed by postgraduate qualifications at 21.0%, and graduate diplomas at 3.4%. Vocational pathways account for 18.5% of qualifications among those aged 15 and above, with advanced diplomas making up 9.4% and certificates 9.1%.

Educational participation is notably high in Meadowbank, with 25.5% of residents currently enrolled in formal education. This includes 9.7% in tertiary education, 4.5% in primary education, and 2.4% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Meadowbank has 12 operational public transport stops offering a mix of ferry, train, and bus services. These stops are served by 15 different routes, collectively facilitating 8,263 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 196 meters from the nearest stop. As a predominantly residential area, most commutes are outward-bound. Cars remain the primary mode of transport at 60%, while train usage stands at 28%. Vehicle ownership averages 0.5 per dwelling, below the regional average.

According to the 2021 Census, 57.6% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 1,180 trips daily across all routes, equating to approximately 688 weekly trips per individual stop.

Meadowbank's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Meadowbank's health outcomes show excellent results according to AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups.

Private health cover is exceptionally high at approximately 61% of the total population (3,683 people), compared to the national average of 55.7%. The most prevalent medical conditions in the area are mental health issues affecting 6.2% of residents and asthma impacting 5.1%. A total of 81.6% of residents declare themselves completely clear of medical ailments, higher than the Greater Sydney average of 74.6%. Meadowbank has a lower proportion of seniors aged 65 and over at 10.3% (617 people) compared to Greater Sydney's 15.4%. Health outcomes among seniors are broadly in line with the general population, ranking nationally on par.

Meadowbank is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Meadowbank has one of the highest levels of cultural diversity in the country, with 60.1% of its residents speaking a language other than English at home and 61.3% born overseas. Christianity is the predominant religion in Meadowbank, making up 37.9% of the population. However, Hinduism is notably overrepresented, comprising 8.6% compared to the Greater Sydney average of 5.2%.

The top three ancestry groups in Meadowbank are Chinese (20.5%), Other (17.9%), and English (11.8%). Notably, Chinese ancestry is substantially higher than the regional average of 8.4%, while English ancestry is lower at 11.8% compared to the regional average of 19.0%. Some other ethnic groups are also notably divergent: Korean at 8.5% versus 1.1% regionally, Filipino at 3.9% versus 2.0%, and Russian at 0.7% versus 0.4%.

Meadowbank hosts a young demographic, positioning it in the bottom quartile nationwide

Meadowbank's median age is 34 years, which is lower than Greater Sydney's average of 37 years and Australia's national average of 38 years. Compared to Greater Sydney, Meadowbank has a higher proportion of residents aged 25-34 (32.2%), but fewer residents aged 5-14 (4.7%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Between the 2021 Census and now, the proportion of residents aged 15 to 24 has increased from 8.4% to 10.0%, while the proportion of those aged 0 to 4 has decreased from 6.8% to 5.8%. By 2041, Meadowbank's population is forecasted to undergo significant demographic changes. The 75-84 age cohort is projected to grow by 48%, adding 94 residents and reaching a total of 292. Residents aged 65 and above will drive 61% of the population growth, indicating a trend towards an aging population. Conversely, declines are projected for the 5-14 and 0-4 age cohorts.