$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.
Bankstown · State Electorate
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.
All state electorate areas, 2021. The marker is Bankstown — higher than 71% of areas.
| Bankstown | $400 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,000 ▲ +2.6%
Higher than 68% of state electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Bankstown, $350–$549 is the majority at 53%; Under $200 is next at 18%.
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%).
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.
Share of occupied private dwellings that are rented.
25.1% ▼ -20.4%
Lower than 75% of state electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
In Bankstown, the largest group is Rented at 43%, followed by Owned with a mortgage (28%) and Owned outright (25%).
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.
Average number of usual residents per bedroom — a crowding measure.
54.8% ▼ -9.7%
Lower than 86% of state electorate areas.
Share of occupied private dwellings that are separate houses.
60.9% ▼ -6.5%
Lower than 86% of state electorate areas.
Share of occupied private dwellings with three or more bedrooms.
In Bankstown, Separate house is the majority at 55%; Flat or apartment is next at 32%.
Bankstown splits fairly evenly between 3 bedrooms (35%) and 2 bedrooms (32%), with 4 bedrooms at 20%.
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