Suburb / Locality · Area profile
Banksmeadow
4 km²
Almost half of the residents in Banksmeadow were born overseas, making it one of the most internationally diverse areas at this level. This is a young, professional community where the typical resident is just 33, noticeably younger than the national figure. High levels of university qualifications and strong incomes define the area, which is mostly made up of young adults and couples without children. These factors combine to create a wealthy, mobile population living primarily in apartments.
An affluent area whose schools serve an equally well-off community.
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The community is noticeably younger than the state and national averages, with children under 15 and seniors both well below the usual figures. A striking 27.7% of residents are in de facto relationships, which is far above the national average.
People born overseas make up 49.8% of the population, a figure far above the national average. Chinese, English, and Irish are the most common ancestries, and China is the most frequent birth country after Australia.
Language diversity is high, with 36.2% of people using a language other than English at home, which is far above the national figure. Mandarin and Cantonese are the most common non-English languages spoken.
Christianity is the most common faith at 38.6%, followed by those with no religion at 34.6%, which is a little above the New South Wales figure.
The area is highly qualified, with 40.7% of adults holding a bachelor degree or higher, far above the national average. This high level of education is reflected in the 72.8% of residents who completed Year 12.
Incomes are significantly higher than usual, with the typical personal weekly income of $1,353 far exceeding the national figure. About 31.5% of households earn $3,000 or more a week, well above the state average.
Residents are in good health, with only 13% reporting a long-term health condition, a figure far below the national average. Those needing help with daily activities are also well below the state average.
Unpaid care and volunteering are much lower here than in most areas. Only 8.1% of people volunteer and 5.1% provide unpaid care, both of which are well below the national figures.
There are three First Nations people in the area. Their median personal income is $900, which is far above the national figure.
Homes are smaller than usual, with just 2.0 people per home, well below the national average. This is consistent with the high number of people living alone, who make up 31.5% of households.
The area is dominated by rentals, with 59.6% of households renting, far above the national figure. Most people live in flats or apartments, and typical weekly rents are $620, well above the state average.
Working from home is very common at 40.1%, far above the national average. While there are many public transport stops nearby, no one currently commutes by public transport.
The population is highly mobile, with 77.3% of people moving in the last five years, far above the national figure. Recent overseas arrivals are also much higher than in most areas.
Employment is strong, with 69% of people working full-time, far above the national average. Professionals and managers are the most common occupations, and the unemployment rate is a little below the national figure.
While almost everyone lives within a short walk of public transport and parks, the area is far below the state average for access to groceries and health services.