$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.
Bankstown · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Bankstown — higher than 82% of areas.
| Bankstown | $400 |
|---|---|
| 2200, NSW | $410 |
| New South Wales | $420 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,800 ▲ +3.9%
Higher than 61% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Bankstown, $350–$549 is the majority at 66%; $200–$349 is next at 14%.
Bankstown splits fairly evenly between $1,800–$2,999 (35%) and $1,000–$1,799 (33%), with Under $1,000 at 17%.
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.
Share of occupied private dwellings that are rented.
21.4% ▼ -8.7%
Lower than 89% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Bankstown, Rented is the majority at 50%; Owned with a mortgage is next at 25%.
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.
Average number of usual residents per bedroom — a crowding measure.
30.0% ▼ -13.1%
Lower than 98% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
42.6% ▼ -5.8%
Lower than 95% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Bankstown, Flat or apartment is the majority at 59%; Separate house is next at 30%.
In Bankstown, 2 bedrooms is the majority at 50%; 3 bedrooms is next at 25%.
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