Banksmeadow at a glance
Median house
$429,000
Median unit
$970,000
Days on market
42
Average to sell
Walk score
0
Very car dependent
Population
508
Median age 33
The brief
What to know about Banksmeadow.
The postcode for Banksmeadow is 2019 (NSW), part of Greater Sydney.
The median house price in Banksmeadow is $429,000.
Banksmeadow (2019) sits in the Bayside region of NSW. The median house here is $429,000, well below the NSW median of around $1.10M.
Banksmeadow has roughly 508 residents, with a young-family demographic. Households are renter-heavy. Daily life is car-dependent: most residents drive to work, school and the shops. Listings here typically sell in 42 days, slower than the NSW average of 32.
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What it’s like to live here.
Banksmeadow scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 5 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Banksmeadow's population at 508, with a median age of 33. That sits as a young-family demographic. Households are renter-heavy (40% own, 60% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (67% family households, 32% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
508
Median age
33
Family households
67%
Lone person
32%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $429,000 on a typical sale, well below the NSW median. Units come in around $970,000, roughly -126% below the house median. Days on market run long (42 days), so well-priced listings still need patience.
For buyers
A 20% deposit on the median house works out to roughly $86,000. Prices are well below the NSW median, which keeps Banksmeadow on the radar for first-home buyers and right-sizers.
For sellers
Days on market are running long here (42 days), so realistic pricing and patient marketing matter.
Market
The price of a home here.
Median house price
$429,000
+0.0% over the past year. Median unit price $970,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$550/wk
Weekly rent (unit)
$620/wk
Owner occupied
40%
Renter occupied
60%
At a deeper level
$429,000
$970,000
42
Average days to sell
508
Median age: 33
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For investors
Investment overview.
Gross rental yield on houses sits at 6.67% (median rent $550/wk against a $429,000 price tag). Units yield 3.32% gross, often the better cash-flow play for first-time investors. With 60% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20246.67%
Based on $429,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.32%
Based on $970,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202640%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 202442 days
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
56
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2025· State Police Open Data
Getting around
Walkability.
0
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Banksmeadow.
Local schools for Banksmeadow
View the catchment for each school to find out more.
Government School Catchment
Banksmeadow Public School
Pagewood Public School
Botany Public School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
1302 mm
Hottest Month (avg max)
26.2°C
Coldest Month (avg min)
8.4°C
Monthly Rainfall (mm)
Weather data from BOM station Sydney (Observatory Hill) (33 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Banksmeadow.
- What is the median house price in Banksmeadow?
- The median house price in Banksmeadow, NSW 2019 is $429,000. The median unit price is $970,000.
- What is the Banksmeadow postcode?
- Banksmeadow is in the 2019 postcode, in NSW, in the Bayside Council region.
- Where is Banksmeadow?
- Banksmeadow is a suburb of Sydney, in NSW 2019. It is part of the Greater Sydney area, in the Bayside Council region.
- What is the average rent in Banksmeadow?
- The median weekly rent for houses is $550, for units it's $620.
- What schools are in Banksmeadow?
- There are 20 schools serving Banksmeadow on this page, including Banksmeadow Public School, St Bernard's Catholic Primary School, Pagewood Public School.
- How walkable is Banksmeadow?
- Banksmeadow has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Banksmeadow?
- Banksmeadow is close to Botany, Pagewood, Hillsdale, Eastgardens, Matraville.
- What is the population of Banksmeadow?
- The population of Banksmeadow is approximately 508 (2021 Census). The median age is 33.
For Sale
Banksmeadow
Buying
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Surrounding Suburbs
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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