$620 ▲ +93.8%
Higher than 99% of statistical area 2 (sa2) areas.
- 2011: $320
- 2021: $620
Median weekly rent paid by households renting their home.
Banksmeadow · Statistical Area 2 (SA2)
Housing & Dwellings in Banksmeadow
Where and how people live — the homes, how they are held, and what they cost.
Flat or apartment living is the norm in Banksmeadow, where 83.3% of dwellings are of this type. This area is heavily dominated by renters and high housing costs, with typical weekly rents far above the national figure.
$620
▲ +93.8%
- $100–$121: 37 areas
- $121–$143: 11 areas
- $143–$164: 27 areas
- $164–$186: 32 areas
- $186–$207: 63 areas
- $207–$229: 57 areas
- $229–$250: 59 areas
- $250–$271: 158 areas
- $271–$293: 106 areas
- $293–$314: 178 areas
- $314–$336: 149 areas
- $336–$357: 207 areas
- $357–$379: 179 areas
- $379–$400: 182 areas
- $400–$421: 312 areas
- $421–$443: 103 areas
- $443–$464: 158 areas
- $464–$486: 69 areas
- $486–$507: 85 areas
- $507–$529: 38 areas
- $529–$550: 32 areas
- $550–$571: 45 areas
- $571–$593: 19 areas
- $593–$614: 34 areas
- $614–$636: 8 areas
- $636–$657: 11 areas
- $657–$679: 5 areas
- $679–$700: 28 areas
All statistical area 2 (sa2) areas, 2021. The marker is Banksmeadow — higher than 99% of areas.
| Banksmeadow | $620 |
|---|---|
| 2019, NSW | $550 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are far above the Australian figure at $620, having risen $300 since 2011. This high cost extends to owners, whose typical monthly mortgage payment of $3,000 is well above the state average.
$3,000 —
Higher than 96% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Banksmeadow, $550–$749 is the majority at 50%; $350–$549 is next at 33%.
Monthly mortgage distribution
View on map →In Banksmeadow, $3,000 or more is the majority at 60%; $1,800–$2,999 is next at 40%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 59.6% of households renting, which is far above the national figure of 30.6%. Meanwhile, those who own their homes outright make up just 12.3% of the population, far below the state and national averages.
59.6% —
Higher than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
12.3% —
Lower than 94% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Banksmeadow, Rented is the majority at 59%; Owned with a mortgage is next at 27%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are rare at only 4.4%, while 21.7% of homes have three or more bedrooms, both far below the national figures. Because larger homes are scarce, there are 1.2 people per bedroom, which is well above the national average.
1.20 ▲ +20.0%
Higher than 99% of statistical area 2 (sa2) areas.
- 2011: 1.00
- 2021: 1.20
Average number of usual residents per bedroom — a crowding measure.
4.4% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
21.7% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Banksmeadow, Flat or apartment is the majority at 82%; Townhouse / semi-detached is next at 13%.
Bedrooms per home
View on map →In Banksmeadow, 2 bedrooms is the majority at 51%; 1 bedroom is next at 28%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Banksmeadow
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Banksmeadow [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117011320/banksmeadow/topic/housing-dwellings