Bankstown Suburb Profile

New South Wales 2200

Bankstown has 15,971 properties. Over the last 5 years, Houses in Bankstown have seen a 53.85% increase in median value, while Units have seen a 13.46% increase. As at 31 May 2024:

• The median value for Houses in Bankstown is $1,319,153 while the median value for Units is $514,200.
• Houses have a median rent of $730 while Units have a median rent of $550.

The size of Bankstown is approximately 6.5 square kilometres. It has 25 parks covering nearly 5.8% of total area. The population of Bankstown in 2011 was 30,571 people. By 2016 the population was 32,103 showing a population growth of 5.0% in the area during that time. The predominant age group in Bankstown is 20-29 years. Households in Bankstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bankstown work in a professional occupation. In 2011, 52.4% of the homes in Bankstown were owner-occupied compared with 48.2% in 2016.