Banksia

NSW 2216 • Greater Sydney

3,277
Population (2021)
$104,936
Median Household Income
0.96 kmยฒ
Area
$500/wk
Median Rent
MulticulturalWell-ConnectedHeritageFamily-FriendlyInner South Sydney

About Banksia

Banksia is a well-established suburb in southern Sydney, located 12 kilometres south of the Sydney CBD within the Bayside Council local government area. The suburb was established in the early 1900s and takes its name from botanist Joseph Banks, who visited nearby Botany Bay with Captain James Cook in 1770. In the 2021 census, Banksia recorded a population of 3,277 residents, with a median age of 41 and a diverse multicultural community including strong Macedonian, Chinese, Arabic, and Greek communities. The suburb is predominantly low-density residential with a mix of freestanding houses and medium-density apartment blocks.

Banksia's lifestyle is shaped by its convenient location between Rockdale and Arncliffe, with a local shopping strip along Railway Street beside Banksia station and a broader commercial precinct on the Princes Highway. Heritage-listed sites include the historic Arncliffe Market Gardens, Banksia Hotel, and St Savvas of Kalymnos Orthodox Church. The suburb is home to Barton Park and the Rockdale Ilinden Sports Centre, reflecting its strong community sporting culture. Residents enjoy easy access to Botany Bay beaches via neighbouring suburbs, and the suburb suits families and established couples looking for good train links at more affordable inner-south prices.

Banksia falls under postcode 2216 and is governed by Rockdale Council (LGA). For state elections, residents vote in the Rockdale electorate.

๐Ÿ“ Location

Postcode
2216
Urban Area
Rockdale
LGA / Council
Federal Electorate
State Electorate
Type
Major Urban
Timezone
Sydney (UTC+10)
Coordinates
-33.95ยฐ, 151.15ยฐ
Statistical Area
Greater Sydney
Area
0.96 kmยฒ
Elevation
11m

๐Ÿท๏ธ Property Prices 2025

Median sale prices in Banksia for 2025. Based on every residential settlement recorded by the NSW Valuer General in 2025.

๐ŸกHouse
$1.72M
42 sales ยท ▼ 0.6% vs 2024
๐ŸขUnit / Apartment
$773K
8 sales ยท ▲ 28.8% vs 2024

Source: NSW Valuer General โ€” Property Sales Information. Strata-titled sales are counted as units; all others as houses. Suburbs with fewer than 5 sales in a category are omitted.

๐Ÿ  Housing 2021 Census

Median Rent (weekly)
$500
Median Mortgage (monthly)
$2,500
Avg Household Size
2.8 people
Median Age
41 years
Social Housing (% of dwellings)
0.5%

3 state housing + 3 community housing dwellings (ABS 2021 Census)

๐ŸšŒ Transport & Commute

Nearest Train Stations

Banksia
0.3 km
4 min
Rockdale
1.2 km
15 min
Arncliffe
1 km
13 min

Bus Services

  • 420 โ€” Westfield Burwood โ†” Mascot via Sydney Airport 30โ€“50 min to Mascot

Commute to Sydney CBD

Distance
12 km
By Train
approx. 20โ€“25 min (T4 line direct to City)
By Car (Peak)
approx. 30โ€“40 min
By Car (Off-Peak)
approx. 20โ€“25 min

๐Ÿ›ฃ๏ธ Banksia station is on the T4 Eastern Suburbs & Illawarra Line with frequent direct services to the City. An excellent commuter suburb with reliable rail access.

Walkability Very Walkable

Banksia station is a short stroll from most of the suburb. Railway Street offers everyday essentials on foot, and the Princes Highway commercial strip is accessible. Good footpath coverage throughout.

๐Ÿ›’ Supermarkets Nearby

No major supermarkets listed for this suburb.

๐ŸŽ“ Schools

๐Ÿ›๏ธ Heritage-Listed Places

There is 1 heritage-listed place in or near Banksia, listed on the NSW State Heritage Register.

212 West Botany Street Banksia • SHR #01395

๐ŸŽ“ Educational Institution Attending 2021 Census

School Sector Breakdown

๐Ÿ‘ฅ Demographics

Census 2016
3,388
Census 2021
3,277
3.3% decline

Population Growth

Gender Distribution (Census 2021)

Personal Income 2016
$33,904
Personal Income 2021
$39,676
17.0% increase

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$39,676 / yr
$763/wk
Household
$104,936 / yr
$2018/wk
Family
$113,048 / yr
$2174/wk

Personal Income Comparison (2016 vs 2021)

๐Ÿ“Š Population: ABS Census 2021
๐Ÿ’ฐ Income: ABS Census 2021

๐ŸŒ Country of Birth 2021 Census

Born in Australia 1,721
Born Overseas 1,421

Top Countries of Birth (excl. Australia)

  • 1. North Macedonia 214
  • 2. China 113
  • 3. Lebanon 99
  • 4. Philippines 74
  • 5. England 66
  • 6. Greece 58
  • 7. New Zealand 56
  • 8. Vietnam 51
  • 9. Nepal 49
  • 10. Indonesia 47

๐Ÿงฌ Ancestry 2021 Census

Top ancestries reported (people may report up to two)

English 512
Australian 475
Macedonian 378
Chinese 354
Lebanese 238
Greek 222
Irish 186
Italian 149
Scottish 127
Filipino 111

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง Parents' Birthplace 2021 Census

666
Both parents born in Australia
2,092
Both parents born overseas
375
One parent AU, one overseas

๐Ÿ› Religion 2021 Census

Christianity
52.4%
No Religion
25.0%
Islam
10.4%
Buddhism
3.8%
Hinduism
2.2%
Sikhism
0.3%
Judaism
0.2%

๐Ÿ“Š Age Distribution 2021 Census

0-4 years
182 (5.6%)
5-14 years
376 (11.5%)
15-19 years
160 (4.9%)
20-24 years
193 (5.9%)
25-34 years
445 (13.6%)
35-44 years
472 (14.4%)
45-54 years
467 (14.3%)
55-64 years
371 (11.3%)
65-74 years
322 (9.8%)
75-84 years
215 (6.6%)
85+ years
76 (2.3%)

Nearby Suburbs

Frequently Asked Questions

What is Banksia known for? +

Banksia's lifestyle is shaped by its convenient location between Rockdale and Arncliffe, with a local shopping strip along Railway Street beside Banksia station and a broader commercial precinct on the Princes Highway.

How far is Banksia from Sydney CBD? +

Banksia is approximately 12 kilometres from Sydney CBD. The drive takes approximately approx. 30โ€“40 min in peak hour and approx. 20โ€“25 min off-peak.

Does Banksia have public transport? +

The nearest train station is Banksia (0.3 km away, approximately 4 min walk) on the Eastern Suburbs & Illawarra Line (T4). Bus services include 420, running to Westfield Burwood โ†” Mascot via Sydney Airport in approximately 30โ€“50 min to Mascot.

What is the population of Banksia? +

According to the 2021 Census, Banksia has a population of 3,277 residents. The suburb is part of the broader NSW metropolitan area.

Is Banksia a good place to live? +

Banksia is well-suited to families, offering a comfortable suburban lifestyle in NSW. Heritage-listed sites include the historic Arncliffe Market Gardens, Banksia Hotel, and St Savvas of Kalymnos Orthodox Church.

What is the postcode for Banksia? +

The postcode for Banksia is 2216. It is located in New South Wales (NSW).

What is the average income in Banksia? +

Based on the 2021 Census, the median personal income in Banksia is about $763 per week (around $39,700 per year). The median household income is $2,018 per week and the median family income is $2,174 per week.

What is the median house price in Banksia? +

As of 2025, the median house price is $1,720,000, down 0.6% on the previous year, and the median unit/apartment price is $773,000, up 28.8% on the previous year. Figures are based on NSW Valuer General โ€” Property Sales Information.

What is the age profile of Banksia? +

The median age in Banksia is 41. The largest age group is 35โ€“44 (472 residents, around 14%). Around 22% of residents are under 20 and about 19% are aged 65 or older. (2021 Census)

How much is rent in Banksia? +

In Banksia, the median weekly rent is $500, and the median monthly mortgage repayment is $2,500 (2021 Census).