Bankstown · Suburb / Locality

Housing & Dwellings in Bankstown

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

More than half of all households in Bankstown rent their homes, making it an area where renting is far more common than in most of the country. This high rental rate is mirrored in the housing stock, where small apartments dominate and homes are often crowded with more people per bedroom than the national figure.

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📍 Bankstown, Suburb / Locality

Where Bankstown sits — Median rent (weekly)

$400 ▲ +21.2%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Bankstown — higher than 82% of areas.

Median rent (weekly) compared with the state and national average
Bankstown$400
2200, NSW $410
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents here are $400, which is much higher than most similar areas. The usual monthly home-loan payment is $1,800, a little below the New South Wales figure of $2,167.

$400 ▲ +21.2%

Higher than 82% of suburb / locality areas.

  • 2011: $330
  • 2016: $400
  • 2021: $400

Median weekly rent paid by households renting their home.

$1,800 ▲ +3.9%

Higher than 61% of suburb / locality areas.

  • 2011: $1,733
  • 2016: $1,733
  • 2021: $1,800

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Bankstown, $350–$549 is the majority at 66%; $200–$349 is next at 14%.

Monthly mortgage distribution

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Bankstown splits fairly evenly between $1,800–$2,999 (35%) and $1,000–$1,799 (33%), with Under $1,000 at 17%.

Owning & renting

How homes are owned or rented.

Renting is very common here at 50.4%, which is far above the national figure of 30.6%. Meanwhile, only 21.4% of homes are owned outright, a rate well below the Australian average of 31.0%.

50.4% ▲ +16.8%

Higher than 92% of suburb / locality areas.

  • 2011: 43.1%
  • 2016: 47.8%
  • 2021: 50.4%

Share of occupied private dwellings that are rented.

21.4% ▼ -8.7%

Lower than 89% of suburb / locality areas.

  • 2011: 23.4%
  • 2016: 22.9%
  • 2021: 21.4%

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

How homes are owned or rented

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In Bankstown, Rented is the majority at 50%; Owned with a mortgage is next at 25%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Apartments make up 58.5% of the housing stock, and separate houses are far less common here than across the state. With only 42.6% of homes having three or more bedrooms, the area is crowded, with 1.2 people per bedroom, which is well above the national figure of 0.8.

1.20 ▼ -14.3%

Higher than 96% of suburb / locality areas.

  • 2011: 1.40
  • 2016: 1.20
  • 2021: 1.20

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

30.0% ▼ -13.1%

Lower than 98% of suburb / locality areas.

  • 2011: 34.5%
  • 2016: 33.0%
  • 2021: 30.0%

Share of occupied private dwellings that are separate houses.

42.6% ▼ -5.8%

Lower than 95% of suburb / locality areas.

  • 2011: 45.2%
  • 2016: 44.6%
  • 2021: 42.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Bankstown, Flat or apartment is the majority at 59%; Separate house is next at 30%.

Bedrooms per home

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In Bankstown, 2 bedrooms is the majority at 50%; 3 bedrooms is next at 25%.

Sources

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

More for Bankstown

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Bankstown [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10181/bankstown/topic/housing-dwellings