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City of Canterbury BankstownPopulation forecast

Bankstown CBD

Population and age structure

Between 2016 and 2026, the age structure forecasts for Bankstown CBD indicate a 43.5% increase in population under working age, a 79.2% increase in population of retirement age, and a 59.0% increase in population of working age.

Knowledge of how the age structure of the population is changing is essential for planning age-based facilities and services, such as child care, recreation and aged care.

The forecast age groups of Bankstown CBD is a function of the current age of the population (people aging each year, being born and dying) as well as the age of people migrating into and out of the area. This in turn is driven by location (fringe, city centre, regional or rural) the existing housing stock (separate dwellings, medium or high density), the amount and type of new residential development (same as existing stock, or diversifying) and where the area is in a cycle of change. We call this the area’s residential role and function. You can learn more about this in the section household and suburb life cycles.

Forecast age structure - 5 year age groups
Bankstown CBD - Total persons201620262036Change between 2016 and 2036
Age group (years)Number%Number%Number%Number
0 to 42,16710.92,6528.53,2088.2+1,042
5 to 91,4277.22,1186.82,7667.0+1,339
10 to 149724.91,7815.72,2155.6+1,244
15 to 199134.61,9036.12,3366.0+1,423
20 to 241,6328.22,7468.83,3068.4+1,674
25 to 292,16210.93,45811.14,05110.3+1,889
30 to 342,13910.83,0219.73,5569.1+1,417
35 to 391,5808.02,2617.32,7457.0+1,165
40 to 441,2846.51,9106.12,2965.9+1,012
45 to 491,0225.21,7365.62,1455.5+1,123
50 to 541,0635.41,5995.12,0325.2+969
55 to 598804.41,3894.51,8504.7+969
60 to 646993.51,2424.01,6194.1+920
65 to 695873.09693.11,3343.4+747
70 to 744202.18002.61,2173.1+797
75 to 793481.85941.99812.5+634
80 to 842471.24211.47371.9+491
85 and over2511.35371.78542.2+603
Total persons19,792100.031,137100.039,249100.0+19,457
Source: Population and household forecasts, 2016 to 2036, prepared by .id (informed decisions), February 2018.

Key findings

In 2016, the dominant age structure for persons in Bankstown CBD was ages 0 to 4, which accounted for 10.9% of the total persons.

The largest increase in persons between 2016 and 2026 is forecast to be in ages 25 to 29, which is expected to increase by 1,295 and account for 11.1% of the total persons.

The largest 5 year age group in 2026 is 25 to 29 years, with a total of 3,458 persons.

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