ABS 2021 Census · Updated 31 March 2026
Banksmeadow is an inner-city suburb of Sydney, Australia, with a population of approximately 508, making it a boutique locality. Located approximately 10 km from the Sydney CBD, Banksmeadow is a inner city area in New South Wales. The median household income is $115,700 AUD per year (ABS 2021 Census).
Strong household incomes in Banksmeadow underpin solid property demand. Its proximity to the CBD adds a strong location premium.
Map shows Banksmeadow, New South Wales, Australia.
Official Australia Post postcode for Banksmeadow. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Banksmeadow on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As an inner-city location, Banksmeadow benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $620/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,000/month. A median household income of $115,700/year supports premium property values and indicates a well-employed resident base. With only 4% separate houses, Banksmeadow has a significant apartment and unit market — typical of inner-city investment corridors.
Banksmeadow's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.
Rental returns in Banksmeadow are attractive relative to purchase prices, supporting positive cash flow.
The resale market in Banksmeadow may not support quick-turnaround renovation projects.
Run the numbers on a Banksmeadow property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Banksmeadow enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Banksmeadow remains on the radar of active property investors in New South Wales.
Banksmeadow is a inner city area in New South Wales with a population of 508. The median rent is $620/week and the median household income is $115,700/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Banksmeadow include employment proximity and urban lifestyle. 4% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Banksmeadow has a population of approximately 508. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Banksmeadow is approximately 10 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.