Bankstown - South · Statistical Area 2 (SA2)

Housing & Dwellings in Bankstown - South

Where and how people live — the homes, how they are held, and what they cost.

Far more people rent their homes in Bankstown - South than in other parts of the state, with 49.2% of households renting. This high proportion of renters is mirrored in the local housing stock, where over half of all homes are flats or apartments. The area is more crowded than most of Australia, with 1.1 people per bedroom on average.

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📍 Bankstown - South, Statistical Area 2 (SA2)

Where Bankstown - South sits — Median rent (weekly)

$415
  • $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 Bankstown - South — higher than 69% of areas.

Median rent (weekly) compared with the state and national average
Bankstown - South$415
2200, NSW $410
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $415, which is higher than most areas and a little above the national figure. Home loan payments are around the middle for similar areas, with the typical monthly payment of $1,820 being a little below the state average.

$415

Higher than 69% of statistical area 2 (sa2) areas.

  • 2016: $400
  • 2021: $415

Median weekly rent paid by households renting their home.

$1,820

Lower than 51% of statistical area 2 (sa2) areas.

  • 2016: $1,733
  • 2021: $1,820

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Bankstown - South, $350–$549 is the majority at 64%; $200–$349 is next at 14%.

Monthly mortgage distribution

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Bankstown - South splits fairly evenly between $1,800–$2,999 (37%) and $1,000–$1,799 (32%), with Under $1,000 at 16%.

Owning & renting

How homes are owned or rented.

Renting is very common here, at 49.2%, which is far above the state and national figures. Conversely, the share of homes owned outright is 23.3%, a figure that is well below the national average and has fallen since 2016.

49.2%

Higher than 89% of statistical area 2 (sa2) areas.

  • 2016: 45.3%
  • 2021: 49.2%

Share of occupied private dwellings that are rented.

23.3%

Lower than 76% of statistical area 2 (sa2) areas.

  • 2016: 26.6%
  • 2021: 23.3%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Bankstown - South, the largest group is Rented at 49%, followed by Owned with a mortgage (24%) and Owned outright (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are far less common here than in the rest of Australia, making up only 36.1% of homes. This explains why the area has far fewer three-bedroom homes than the state average and why the number of people per bedroom is among the highest at this level.

1.10

Higher than 95% of statistical area 2 (sa2) areas.

  • 2016: 1.20
  • 2021: 1.10

Average number of usual residents per bedroom — a crowding measure.

36.1%

Lower than 90% of statistical area 2 (sa2) areas.

  • 2016: 42.0%
  • 2021: 36.1%

Share of occupied private dwellings that are separate houses.

48.4%

Lower than 90% of statistical area 2 (sa2) areas.

  • 2016: 52.4%
  • 2021: 48.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Bankstown - South, Flat or apartment is the majority at 51%; Separate house is next at 36%.

Bedrooms per home

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In Bankstown - South, the largest group is 2 bedrooms at 44%, followed by 3 bedrooms (28%) and 4 bedrooms (15%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Bankstown - South

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Bankstown - South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/119011572/bankstown-south/topic/housing-dwellings