Powered by .id (informed decisions) for City of Canterbury Bankstown
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The number of dwellings in Bankstown CBD is forecast to grow from 7,236 in 2016 to 14,948 in 2036, with the average household size falling from 2.83 to 2.76 by 2036.
This summary shows the results of the forecasts for population, households and dwellings in Bankstown CBD. The period 2016 to 2026, as the short to medium term, is likely to be the most accurate and useful forecast information for immediate planning purposes.
It is important to look at the relationship between population and average household size. If the average household size is falling, then there will need to be growth in the number of households (and dwellings for them to live in) to maintain or grow the population.
|Forecast population, households and dwellings|
|Bankstown CBD||Forecast year|
|Change in population (5yrs)||--||5,646||5,698||4,536||3,577|
|Average annual change||--||5.15%||4.13%||2.76%||1.93%|
|Average household size||2.83||2.82||2.80||2.78||2.76|
|Population in non private dwellings||263||403||403||503||503|
|Dwelling occupancy rate||95.37||94.86||94.37||93.87||93.87|
In 2016, the total population of Bankstown CBD was estimated to be 19,792 people. It is expected to increase by over 15,880 people to 35,672 by 2026, at an average annual growth rate of 6.07%. This is based on an increase of over 5,730 households during the period, with the average number of persons per household falling from 2.83 to 2.78 by 2026.
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