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Banksmeadow is well-off — but expensive to rent

Banksmeadow 2019 · Botany, Greater Sydney, NSW

Banksmeadow is among the more advantaged parts of Australia (SEIFA decile 10 of 10); a young, family-heavy area (median age 33). The trade-offs: renting is expensive, a median of $885 a week (DCJ, 2026-Q1); the nearest train station is a fair way off (Juniors Kingsford, about 3.9 km).

Mostly apartments, with a median age of 33 and households on a median $2,225 a week at the 2021 Census.

Compiled from ABS regional population (SA2), the 2021 Census, SEIFA 2021, NSW DCJ median rents, NSW DCJ median sale prices, NSW Bureau of Crime Statistics and Research reported offences, OpenStreetMap and ACARA Schools NSW / NSW Dept of Education · figures current to September 2026.

Median sale price$993,000All dwellings · 2025-Q4
Population (ERP)643▲ 629 since 2001
YoY growth+1.1%▼ state average +1.18%
Net migration-1086 in · 96 out

What it costs to buy

NSW DCJ Rent and Sales Report · 2025-Q4

Median sale price from the NSW Department of Communities and Justice's recorded property sales. Compare year-on-year — quarter-to-quarter moves are mostly seasonal noise.

Median sale priceDCJ
$993,000
All dwellings · 2025-Q4
NSW DCJ Rent and Sales Report · 2025-Q4
vs Greater SydneyDCJ
−$207,000
Greater Sydney median $1,200,000
NSW DCJ Rent and Sales Report · 2025-Q4
HouseDCJ
$1,945,000
Low sample — 11–30 sales this quarter
NSW DCJ Rent and Sales Report · 2025-Q4
Unit / flatDCJ
$950,000
65 sales this quarter
NSW DCJ Rent and Sales Report · 2025-Q4

By dwelling type — 2025-Q4 quarter

TypeMedian sale price
House$1,945,000low sample
Unit / flat$950,000n=65

The median sale price across all dwellings in Banksmeadow was $993,000, based on sales in postcode 2019, for the 2025-Q4 quarter. That is $207,000 below the Greater Sydney median. By type: a house $1,945,000 and a unit / flat $950,000.

This is the median price of properties recorded as sold this quarter — settlement can lag a purchase decision by weeks, so the most recent quarter can revise slightly as more sales are recorded.

Show every quarter, with the year-on-year change
Banksmeadow — all-dwellings median sale price by quarter, latest first, with the year-on-year change and the Greater Sydney median, NSW Department of Communities and Justice
QuarterMedian priceYear on yearGreater Sydney
2025-Q4$993,000—$1,200,000

Sale price data © NSW Department of Communities and Justice, Rent and Sales Report, based on sales in postcode 2019, December 2025 release. Figures are the median for properties sold in the quarter. DCJ suppresses a median where too few properties sold.

What it costs to rent

NSW DCJ Rent and Sales Report · 2026-Q1

Median weekly rent for new tenancies, from the NSW Department of Communities and Justice's bond lodgements. Compare year-on-year — quarter-to-quarter moves are mostly seasonal noise.

Median weekly rentDCJ
$885
All dwellings · 2026-Q1
NSW DCJ Rent and Sales Report · 2026-Q1
vs Greater SydneyDCJ
+$105
Greater Sydney median $780
NSW DCJ Rent and Sales Report · 2026-Q1
Sample sizeDCJ
150
new bonds lodged in the 2026-Q1 quarter
NSW DCJ Rent and Sales Report · 2026-Q1

By dwelling type — 2026-Q1 quarter

TypeStudio1 bed2 bed3 bed4+ bed
Unit / flat—$710n=50$915n=54$1,200low sample—

n is the number of new bonds behind each median — treat a figure marked low sample as indicative only.

The median weekly rent across all dwellings in Banksmeadow was $885, based on new bonds lodged in postcode 2019, for the 2026-Q1 quarter. That is $105 a week above the Greater Sydney median. By type: a 2-bedroom unit $915.

This is the median rent on new leases signed this quarter, not what existing tenants pay. It usually runs higher than the Census figure.

Show every quarter, with the year-on-year change
Banksmeadow — all-dwellings median weekly rent by quarter, latest first, with the year-on-year change and the Greater Sydney median, NSW Department of Communities and Justice
QuarterMedian rentYear on yearGreater Sydney
2026-Q1$885—$930

Rent data © NSW Department of Communities and Justice, Rent and Sales Report, based on new bonds in postcode 2019, March 2026 release. Figures are the median for new bonds lodged in the quarter, not all tenancies. DCJ suppresses a median where too few bonds were lodged.

Banksmeadow on the map

The Australian Bureau of Statistics Statistical Area 2 outline for Banksmeadow, NSW.

Open in OpenStreetMap →
Map

Map tiles © OpenStreetMap contributors. Boundary: ABS SA2 (ASGS 2021), simplified — an SA2 can differ from the gazetted suburb, and detached parts such as islands may not all be shown.

How the population has changed

Banksmeadow against the New South Wales average, both set to 100 in the first year shown so the growth rates compare.

BanksmeadowNew South Wales average
201620202025

Banksmeadow population grew from 21 in 2016 to 643 in 2025, a change of 2961.9% over the period, against the New South Wales average.

Show the data table
YearBanksmeadowNew South Wales average
2016217,732,858
2017287,855,316
2018297,954,476
2019298,046,748
20203028,110,610
20215098,097,062
20225908,182,098
20236198,356,387
20246368,492,050
20256438,592,524

Where the growth is coming from

Banksmeadow gained 75 residents from internal migration and 11 from overseas in the year to June 2025, while 96 people moved away — a net addition of -10 before natural increase.

  • Internal migration in+75
  • Internal migration out+88
  • Overseas migration in+11
  • Natural increase+17

Components of population change over the sample year. Natural increase is shown apart from migration so the two are not read as one figure.

How it has changed

Census · five-yearly

The 2016 Census against 2021. Older figures are mapped onto today's boundaries via the ABS Time Series Profile, so comparisons are approximate where borders moved.

Measure20162021Change
Population18508 +2722%
Median age4633 -13 yrs
Median household income$575/wk$2,225/wk +287%
Median weekly rent$808/wk$620/wk -23%
Born overseas16.7%60.1% +43.4 pts

Who lives here

Census · five-yearly

From the 2021 Census — the most recent available; 2026 Census data isn't expected until mid-2027. Each figure carries its definition, so you know what is being counted.

People

508
Population
Usual residents, Census 2021
33
Median age
Years
60.1%
Born overseas
Born outside Australia
2.0
Household size
Average people per household

Income

$2,225/wk
Household income
Median total weekly household income
$1,353/wk
Personal income
Median total weekly personal income

Housing

$620/wk
Median rent
Median weekly rent for rented dwellings
$3,000/mo
Median mortgage
Median monthly mortgage repayment
4.4%
Separate houses
Share of occupied dwellings
83.3%
Flats & apartments
Share of occupied dwellings
9.7%
Unoccupied
Private dwellings unoccupied on Census night

Work

63.0%
Employment rate
Employed as a share of people aged 15+
2.8%
Unemployment rate
Unemployed as a share of the labour force
88.1%
Year 12 or above
Highest school year completed

Household

54.2%
Couple family
Share of all households · NSW 58.8%
19.2%
Couple family with children
Share of all households · NSW 32.5%
8.4%
One-parent family
Share of all households · NSW 11.2%
31.5%
Living alone
Lone-person households · NSW 24.9%
4.9%
Group household
Unrelated adults sharing · NSW 3.9%

Country of birth

33.1%
Australia
Born here · NSW 65.4%
11.8%
China
Share of residents · NSW 3.1%
5.3%
Ireland
Share of residents
3.5%
New Zealand
Share of residents · NSW 1.5%
2.8%
England
Share of residents · NSW 2.9%
2.4%
Philippines
Share of residents · NSW 1.3%

Language at home

47.0%
English only
Spoken at home · NSW 67.6%
12.8%
Mandarin
Share of residents · NSW 3.4%
4.9%
Other languages, nec
Share of residents · NSW 3.0%
3.1%
Cantonese
Share of residents · NSW 1.9%
2.2%
Spanish
Share of residents
1.6%
German
Share of residents

How homes are held

  • Owned outright 12.3%
  • Mortgaged 27.6%
  • Rented 59.6%

How well-off the area is

Census · five-yearly

The ABS SEIFA indexes rank every area by relative advantage and disadvantage. Decile 1 is the lowest tenth of Australia; decile 10 is the highest.

  • Relative disadvantage (IRSD)
    Lower decile means more relative disadvantage
    Decile 9
    score 1,084
  • Advantage & disadvantage (IRSAD)
    Higher decile means more relative advantage
    Decile 10
    score 1,145
  • Economic resources (IER)
    Income and housing capacity
    Decile 4
    score 980
  • Education & occupation (IEO)
    Education and occupational skill levels
    Decile 10
    score 1,153

Safety context

NSW BOCSAR · June 2026

How much crime is reported in Banksmeadow, from the NSW Bureau of Crime Statistics and Research (BOCSAR).

Most-reported offences · Banksmeadow, last 12 months

  • Theft2,644 /100k+6771% vs Greater Sydney↑ 31%
  • Malicious damage to property778 /100k+171% vs Greater Sydney↓ 62%
  • Drug offences778 /100k+4647% vs Greater Sydney↑ 67%
  • Assault311 /100k+490% vs Greater Sydney↓ 50%
  • Intimidation, stalking and harassment156 /100k−50% vs Greater Sydney↓ 50%

Rate per 100,000 people in Banksmeadow; the arrow compares the last 12 months with the 12 before.

Of these categories, theft is reported most in Banksmeadow over the last 12 months, running 6771% above the Greater Sydney rate and up on the year before.

Show the data table
Banksmeadow reported-offence rates over the last 12 months, against the Greater Sydney rate, NSW BOCSAR reported offences
Offence categorySuburbGreater SydneyChange
Theft2,644 per 100k38 per 100k↑ 31% vs prior year
Malicious damage to property778 per 100k287 per 100k↓ 62% vs prior year
Drug offences778 per 100k16 per 100k↑ 67% vs prior year
Assault311 per 100k53 per 100k↓ 50% vs prior year
Intimidation, stalking and harassment156 per 100k312 per 100k↓ 50% vs prior year

Crime statistics © State of New South Wales (NSW Bureau of Crime Statistics and Research), used under CC BY 4.0, updated June 2026. Matched to this suburb from BOCSAR’s own locality-level data — see the safest/highest-crime rankings’ methodology for the locality-to-suburb matching used. Monthly counts are volatile — the 12-month figures above smooth that noise.

Getting around, and what's nearby

OpenStreetMap · quarterly

What OpenStreetMap records inside the suburb boundary. Counts reflect what is tagged in OSM and can undercount a real but less-mapped area. The park count here is OpenStreetMap green space of any kind, including privately held land — it is a different measure from the council parks below.

SchoolsOSM
0
within the SA2
OpenStreetMap · Sept 2026
ChildcareOSM
0
childcare & kindergartens
OpenStreetMap · Sept 2026
Hospitals & GPsOSM
0
0 hospitals · 0 GP/clinics
OpenStreetMap · Sept 2026
SupermarketsOSM
0
full-line grocery
OpenStreetMap · Sept 2026
Green spacesOSM
0
public open space
OpenStreetMap · Sept 2026

OpenStreetMap records few tagged facilities within the Banksmeadow SA2. Eating out and socialising: 1 café and 2 pubs and bars. The nearest train station, Juniors Kingsford, is about 3,850 m from the suburb centre. OpenStreetMap also maps 9 bus stops here.

Schools

Every open NSW school whose campus sits inside the SA2 boundary, with the average ICSEA across them. Open a school for its own ICSEA, student background and a link to My School.

Zoned state schools

The centre of this SA2 is zoned for Banksmeadow Public School (primary).

Parts of this SA2 also fall in the catchment of La Perouse Public School (primary), Pagewood Public School (primary), Matraville Public School (primary).

Catchments can divide a suburb — confirm your address on EdMap.

Want another suburb? Search the catchment finder.

School list: NSW Government open data — ACARA Schools NSW, via the NSW data portal, CC BY 4.0. Catchments: NSW Department of Education “School intake zones” dataset, CC BY 4.0. ICSEA: ACARA School Profile. NAPLAN: myschool.edu.au (ACARA).

Nearby, in Botany

Others in the same ABS district, by population growth. If this one doesn't fit, one of these might.

  1. HereBanksmeadow+1.1%
  2. 01Pagewood - Hillsdale - Daceyville+3.8%
  3. 02Botany+1.1%
  4. 03Eastlakes+0.6%
  5. 04Mascot-0.6%

Dots place each suburb's growth on the same scale, slowest at left.

Banksmeadow: common questions

Is Banksmeadow a good place to live?
Banksmeadow is among the more advantaged parts of Australia (SEIFA decile 10 of 10); a young, family-heavy area (median age 33). The trade-offs: renting is expensive, a median of $885 a week (DCJ, 2026-Q1); the nearest train station is a fair way off (Juniors Kingsford, about 3.9 km). Mostly apartments, with a median age of 33 and households on a median $2,225 a week at the 2021 Census.
How much does it cost to rent in Banksmeadow?
The median weekly rent across all dwellings in Banksmeadow was $885, based on new bonds lodged in postcode 2019, for the 2026-Q1 quarter. That is $105 a week above the Greater Sydney median. By type: a 2-bedroom unit $915.
Is Banksmeadow a safe suburb?
Of these categories, theft is reported most in Banksmeadow over the last 12 months, running 6771% above the Greater Sydney rate and up on the year before.
What schools are in Banksmeadow?
Banksmeadow falls fully within the state-school catchment of Banksmeadow Public School.
What amenities and public transport does Banksmeadow have?
OpenStreetMap records few tagged facilities within the Banksmeadow SA2. Eating out and socialising: 1 café and 2 pubs and bars. The nearest train station, Juniors Kingsford, is about 3,850 m from the suburb centre. OpenStreetMap also maps 9 bus stops here.
Are people moving to Banksmeadow?
Banksmeadow gained 75 residents from internal migration and 11 from overseas in the year to June 2025, while 96 people moved away — a net addition of -10 before natural increase.
Is Banksmeadow an advantaged area?
On the ABS SEIFA 2021 Advantage & disadvantage (IRSAD), Banksmeadow sits in decile 10 of 10 (score 1,145) — decile 10 is the most advantaged in Australia.

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Type a name, then pick from the list. Every suburb is compared to the New South Wales average.

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