Bankstown · State Electorate

Housing & Dwellings in Bankstown

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

More than 11% more people are renting in Bankstown than in 2011, reflecting a significant shift in how residents live. This change is paired with a smaller share of people owning their homes outright and a rise in the typical cost of housing. Today, the area is marked by a high number of renters and smaller-than-average homes.

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📍 Bankstown, State Electorate

Where Bankstown sits — Median rent (weekly)

$400 ▲ +25.0%
  • $100–$118: 6 areas
  • $118–$136: 1 area
  • $136–$154: 0 areas
  • $154–$171: 0 areas
  • $171–$189: 4 areas
  • $189–$207: 6 areas
  • $207–$225: 10 areas
  • $225–$243: 10 areas
  • $243–$261: 21 areas
  • $261–$279: 6 areas
  • $279–$296: 16 areas
  • $296–$314: 45 areas
  • $314–$332: 33 areas
  • $332–$350: 16 areas
  • $350–$368: 38 areas
  • $368–$386: 58 areas
  • $386–$404: 44 areas
  • $404–$421: 30 areas
  • $421–$439: 21 areas
  • $439–$457: 18 areas
  • $457–$475: 12 areas
  • $475–$493: 12 areas
  • $493–$511: 6 areas
  • $511–$529: 3 areas
  • $529–$546: 3 areas
  • $546–$564: 2 areas
  • $564–$582: 4 areas
  • $582–$600: 8 areas

All state electorate areas, 2021. The marker is Bankstown — higher than 71% of areas.

Median rent (weekly) compared with the state and national average
Bankstown$400
Greater Sydney $470
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical weekly rent of $400 is higher than in most areas and has risen by $80 since 2011. Similarly, typical monthly mortgage payments are higher than most areas at $2,000, though this is about the same as the New South Wales and Australian figures.

$400 ▲ +25.0%

Higher than 71% of state electorate areas.

  • 2011: $320
  • 2016: $380
  • 2021: $400

Median weekly rent paid by households renting their home.

$2,000 ▲ +2.6%

Higher than 68% of state electorate areas.

  • 2011: $1,950
  • 2016: $1,950
  • 2021: $2,000

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Bankstown, $350–$549 is the majority at 53%; Under $200 is next at 18%.

Monthly mortgage distribution

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In Bankstown, the largest group is $1,800–$2,999 at 37%, followed by $1,000–$1,799 (25%) and $3,000 or more (23%).

Owning & renting

How homes are owned or rented.

Renting is far more common here than in the state or national figures, with 42.6% of households renting. Meanwhile, the 25.1% who own their home outright is well below the national average and has fallen by 6.5 points since 2011.

42.6% ▲ +33.3%

Higher than 86% of state electorate areas.

  • 2011: 31.9%
  • 2016: 40.3%
  • 2021: 42.6%

Share of occupied private dwellings that are rented.

25.1% ▼ -20.4%

Lower than 75% of state electorate areas.

  • 2011: 31.6%
  • 2016: 27.4%
  • 2021: 25.1%

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

How homes are owned or rented

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In Bankstown, the largest group is Rented at 43%, followed by Owned with a mortgage (28%) and Owned outright (25%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes in Bankstown are often smaller, with detached houses making up 54.8% of the total, which is far below the Australian figure of 72.3%. This lack of larger homes helps explain why the 1.10 people per bedroom is among the highest for similar areas.

1.10 ▼ -15.4%

Higher than 99% of state electorate areas.

  • 2011: 1.30
  • 2016: 1.10
  • 2021: 1.10

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

54.8% ▼ -9.7%

Lower than 86% of state electorate areas.

  • 2011: 60.7%
  • 2016: 57.8%
  • 2021: 54.8%

Share of occupied private dwellings that are separate houses.

60.9% ▼ -6.5%

Lower than 86% of state electorate areas.

  • 2011: 65.1%
  • 2016: 61.5%
  • 2021: 60.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Bankstown, Separate house is the majority at 55%; Flat or apartment is next at 32%.

Bedrooms per home

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Bankstown splits fairly evenly between 3 bedrooms (35%) and 2 bedrooms (32%), with 4 bedrooms at 20%.

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/sed/SED10005/bankstown/topic/housing-dwellings