ABS 2021 Census · Updated 31 March 2026
Bankstown is a regional centre in New South Wales, Australia, with a population of approximately 34,933, making it a sizeable community. Located approximately 17 km from the Sydney CBD, Bankstown is a regional area in New South Wales. The median household income is $69,212 AUD per year (ABS 2021 Census).
Lower income levels in Bankstown typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Bankstown, New South Wales, Australia.
Official Australia Post postcode for Bankstown. 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 9 schools within or near this suburb based on ABS 2021 data.
Find schools near Bankstown on My School →Estimated 14 parks 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 a regional centre, Bankstown serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,800/month. With only 27% separate houses, Bankstown has a significant apartment and unit market — typical of inner-city investment corridors.
A buy-and-hold approach in Bankstown could work well with careful property selection and a longer time horizon.
Rental yields in Bankstown are moderate — screen for properties that offer above-average returns.
Limited buyer depth in Bankstown makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Bankstown property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in Bankstown may remain subdued in 2026, with limited demand drivers in the near term. Tenants in Bankstown have options — presenting well-maintained properties is key to minimising vacancy. The market mood around Bankstown is balanced — neither bullish nor bearish heading into 2026.
Bankstown is a regional area in New South Wales with a population of 34,933. The median rent is $400/week and the median household income is $69,212/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 Bankstown include regional employment hubs, lifestyle, and affordability. 27% of dwellings are separate houses. The area has approximately 9 schools and 14 parks nearby.
According to the ABS 2021 Census, Bankstown has a population of approximately 34,933. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Bankstown is approximately 17 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.