Banksmeadow vs Matraville

Banksmeadow is the younger of the two, with a median age of 33 against 42 in Matraville. In Banksmeadow, most households rent, the large majority of homes are flats or apartments, and about half of households are people living alone. In Matraville, most households own their home and about half of households are couple families. Houses cost more in Banksmeadow: a median of $5.8 million, against $2.74 million in Matraville, and rent is higher there too. On these figures, Banksmeadow tends to suit renters, young adults, and people living alone, while Matraville suits families with children, couples, and buyers on a tighter budget.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Matraville

ahead on 6 of the 6 things we measure here

  • has more parks and reserves (12 vs 0)
  • has more childcare (12 vs 0)
  • has more separate houses rather than flats (48% vs 4%)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Matraville

ahead on 2 of the 3 things we measure here

  • has cheaper houses ($2,740,000 vs $5,800,000)
  • has cheaper units ($883,000 vs $1,057,500)

Weighs house prices, unit prices, and mortgage stress.

Renters

They split

one each way, out of the 3 things we measure here

  • Banksmeadow has a bigger rental market to choose from (60% vs 36%)
  • Matraville has cheaper rent ($480/wk vs $620/wk)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Matraville

ahead on the one thing that separates them

  • is more walkable (87/100 vs 47/100)

Weighs distance, drive time, rail access, and walkability.

Downsizers and retirees

Matraville

ahead on 4 of the 5 things we measure here

  • has more GPs (4 vs 0)
  • has more residents already 65 and over (18% vs 5%)
  • is more walkable (87/100 vs 47/100)
  • But Banksmeadow has more units and townhouses to downsize into (96% vs 52%)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

Banksmeadow

ahead on the one thing that separates them

  • is growing faster (2722.2% vs 1.2%)

Weighs population growth.

Where they sit

Banksmeadow and Matraville drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Banksmeadow Matraville
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Banksmeadow Matraville
Walkability 47 / 87
Banksmeadow — Walkability: 47/100 Matraville — Walkability: 87/100
Safety 13 / 38
Banksmeadow — Safety: 13/100 Matraville — Safety: 38/100
Low fire risk 100 / 100
Banksmeadow — Low fire risk: 100/100 Matraville — Low fire risk: 100/100

Demographics

Matraville has more residents (9,925 vs 508); Banksmeadow rents higher ($620/wk vs $480/wk).

Banksmeadow Matraville
Population 508 9,925
+1854% vs other
Population trend (2016 → 2021) +2722.2% +1.2%
Median age 33 42
Median household income $115,700/yr
+7% vs other
$107,900/yr
Median weekly rent $620/wk
+23% vs other
$480/wk

Age profile

Share of residents in each band, 2021 Census.

Banksmeadow Matraville
0-4 6.1% / 5.3%
Banksmeadow — 0-4: 6.1% Matraville — 0-4: 5.3%
5-14 5.7% / 13.0%
Banksmeadow — 5-14: 5.7% Matraville — 5-14: 13.0%
15-19 2.6% / 6.1%
Banksmeadow — 15-19: 2.6% Matraville — 15-19: 6.1%
20-24 7.7% / 5.6%
Banksmeadow — 20-24: 7.7% Matraville — 20-24: 5.6%
25-34 35.8% / 10.6%
Banksmeadow — 25-34: 35.8% Matraville — 25-34: 10.6%
35-44 20.3% / 13.2%
Banksmeadow — 35-44: 20.3% Matraville — 35-44: 13.2%
45-54 10.6% / 14.7%
Banksmeadow — 45-54: 10.6% Matraville — 45-54: 14.7%
55-64 4.3% / 13.0%
Banksmeadow — 55-64: 4.3% Matraville — 55-64: 13.0%
65-74 3.7% / 10.0%
Banksmeadow — 65-74: 3.7% Matraville — 65-74: 10.0%
75-84 1.4% / 6.2%
Banksmeadow — 75-84: 1.4% Matraville — 75-84: 6.2%
85+ — / 2.3%
Banksmeadow — 85+: not among its largest Matraville — 85+: 2.3%

Bars are drawn against the largest share shown (35.8%).

Who lives together

Household composition, 2021 Census.

Banksmeadow 29.7% couple families
Banksmeadow — Couple Families: 29.7% Banksmeadow — Lone Person: 46.4% Banksmeadow — One Parent Families: 11.6% Banksmeadow — Group Household: 7.2% Banksmeadow — Other Families: 5.1%
Matraville 48.3% couple families
Matraville — Couple Families: 48.3% Matraville — Lone Person: 28.3% Matraville — One Parent Families: 17.8% Matraville — Group Household: 4.0% Matraville — Other Families: 1.6%
Couple Families Lone Person One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Banksmeadow 59.9% renting
Banksmeadow — Owned Outright: 12.4% Banksmeadow — Mortgage: 27.7% Banksmeadow — Renting: 59.9%
Matraville 35.6% renting
Matraville — Owned Outright: 32.5% Matraville — Mortgage: 31.8% Matraville — Renting: 35.6%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Banksmeadow Matraville
Bachelor Degree 23.2% / 14.7%
Banksmeadow — Bachelor Degree: 23.2% Matraville — Bachelor Degree: 14.7%
Certificate III & IV 7.1% / 11.3%
Banksmeadow — Certificate III & IV: 7.1% Matraville — Certificate III & IV: 11.3%
Postgraduate Degree 10.4% / 5.7%
Banksmeadow — Postgraduate Degree: 10.4% Matraville — Postgraduate Degree: 5.7%
Advanced Diploma / Diploma 8.3% / 7.7%
Banksmeadow — Advanced Diploma / Diploma: 8.3% Matraville — Advanced Diploma / Diploma: 7.7%
Graduate Diploma / Certificate 2.2% / 1.4%
Banksmeadow — Graduate Diploma / Certificate: 2.2% Matraville — Graduate Diploma / Certificate: 1.4%

Bars are drawn against the largest share shown (23.2%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Banksmeadow Matraville
China 11.8% / 2.5%
Banksmeadow — China: 11.8% Matraville — China: 2.5%
Ireland 5.3% / 1.6%
Banksmeadow — Ireland: 5.3% Matraville — Ireland: 1.6%
England 2.8% / 3.5%
Banksmeadow — England: 2.8% Matraville — England: 3.5%
New Zealand 3.5% / 2.0%
Banksmeadow — New Zealand: 3.5% Matraville — New Zealand: 2.0%
Philippines 2.4% / 1.3%
Banksmeadow — Philippines: 2.4% Matraville — Philippines: 1.3%
Indonesia — / 1.8%
Banksmeadow — Indonesia: not among its largest Matraville — Indonesia: 1.8%

Bars are drawn against the largest share shown (11.8%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Banksmeadow 82.3% flats / apartments
Banksmeadow — Flats / Apartments: 82.3% Banksmeadow — Houses: 4.4% Banksmeadow — Townhouses: 13.3%
Matraville 21.6% flats / apartments
Matraville — Flats / Apartments: 21.6% Matraville — Houses: 47.6% Matraville — Townhouses: 30.8%
Flats / Apartments Houses Townhouses

Property market

Banksmeadow Matraville
Median house price $5,800,000 $2,740,000
Median unit price $1,057,500 $883,000
Median land price —
same for both
Typical days to sell (houses) — 27 days
from 53 sales

Unit price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Banksmeadow Matraville
1 bed $1.05M / $695K
Banksmeadow — 1 bed: $1.05M (6 sales) Matraville — 1 bed: $695K (6 sales)

6 vs 6 sales

2 bed $1.07M / $905K
Banksmeadow — 2 bed: $1.07M (8 sales) Matraville — 2 bed: $905K (26 sales)

8 vs 26 sales

Zoning mix

Banksmeadow has more industrially zoned land (62% vs 21%).

Banksmeadow Matraville
Industrial 62% 21%
Residential 0% 45%
Infrastructure and transport 34% 26%
Parks and recreation 3% 5%
Commercial 0% 2%
Rural and farming 0% 1%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Banksmeadow Matraville
New dwellings approved 857
across Bayside (NSW)
455
across Randwick
Approvals change year on year +98% -26%

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Banksmeadow Matraville
Houses — 3.8%
$1,600/wk on $2.2M
Units — 4.9%
$770/wk on $812K

Ranking within NSW

Banksmeadow Matraville
House price — Higher than 91% of NSW
Income Higher than 80% of NSW Higher than 74% of NSW
Schools —
same for both
Walkability Higher than 80% of NSW Higher than 95% of NSW
Affordability — Higher than 9% of NSW
EV adoption Higher than 86% of NSW Higher than 91% of NSW
NBN connectivity Higher than 89% of NSW Higher than 93% of NSW
Rental yield (houses) — Higher than 62% of NSW
Rental yield (units) — Higher than 63% of NSW

Liveability

Matraville is more walkable (87 vs 47); Matraville scores higher overall (75 vs 68).

Banksmeadow Matraville
Grade B A
Score 68/100 75/100
Socio-economic band very advantaged area
decile 10/10
very advantaged area
decile 9/10

Risk profile

Banksmeadow carries more crime risk (87 vs 62).

Banksmeadow Matraville
Bushfire None
0/100
same for both
Crime High
87/100
Moderate
62/100
Flood Not mapped
no mapped data here
same for both
Coastal erosion Moderate
48/100
None
0/100
Aircraft noise None
0/100
same for both
Industrial facilities nearby 27
within 5 km
22
within 5 km

Schools

Banksmeadow Matraville
Inside the suburb 0 2
Rated above peers 0
same for both
Rated at peers 0 2
Rated below peers 0
same for both
Universities within 10 km 3
The University of New South Wales, 4.7 km
3
The University of New South Wales, 5.6 km
Full-time students aged 15–24 1.8% 2.7%

Schools in Banksmeadow

No schools recorded inside this suburb's boundary. Children here will be zoned to schools nearby.

Schools in Matraville

  • Matraville Soldiers Settlement Public School Government · Primary at peers
  • Sacred Heart Catholic Primary School Matraville Catholic · Primary at peers

Amenities in the suburb

Banksmeadow Matraville
Supermarkets 0 1
Cafes & restaurants 1 5
Parks & reserves 0 12
Childcare 0 12
GPs 0 4
Pharmacies 0 3
Fuel stations 0 3

Mobility

Banksmeadow Matraville
Walkability score 47/100 87/100
Distance to Sydney 14 km 14.1 km
Drive time (normal traffic) 22 min 21 min
Public transport score 79/100
Bus
same for both
Peak arrivals per hour 91.2
7-9am + 5-7pm
356.5
7-9am + 5-7pm
Median peak wait 1 min
scheduled, not actual
0 min
scheduled, not actual
Electric vehicle share 1.3%
postcode 2019
1.6%
postcode 2036
Rooftop solar per 100 dwellings 15
postcode 2019
19
postcode 2036

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Banksmeadow Matraville
Worked from Home 47.9% / 40.2%
Banksmeadow — Worked from Home: 47.9% Matraville — Worked from Home: 40.2%
Car (driver) 39.5% / 47.8%
Banksmeadow — Car (driver): 39.5% Matraville — Car (driver): 47.8%
Car (passenger) 3.8% / 4.4%
Banksmeadow — Car (passenger): 3.8% Matraville — Car (passenger): 4.4%
Bus 2.5% / 4.3%
Banksmeadow — Bus: 2.5% Matraville — Bus: 4.3%
Walked Only 3.8% / 2.4%
Banksmeadow — Walked Only: 3.8% Matraville — Walked Only: 2.4%
Train 2.5% / 0.4%
Banksmeadow — Train: 2.5% Matraville — Train: 0.4%

Bars are drawn against the largest share shown (47.9%).

Setting

Banksmeadow Matraville
Elevation 6 m
above sea level, at the suburb centre
12 m
above sea level, at the suburb centre
Distance to the ocean 978 m
3.5 km to a named beach
1.6 km
1.8 km to a named beach

NBN connectivity

Banksmeadow Matraville
Connectivity score 80/100 86/100
Most common technology Fibre to the building Fibre to the curb
Full-fibre (FTTP) share 30%
830 premises
38%
4,526 premises

Climate

Banksmeadow Matraville
Annual rainfall 1,129 mm
same for both
Summer max (Jan) 27.5°C
same for both
Winter min (Jul) 9.5°C
same for both

Air quality (annual mean)

Banksmeadow Matraville
PM2.5 6.1 µg/m³
same for both
PM10 16.8 µg/m³
same for both
NO₂ 0.64 pphm
same for both

Council rates

Banksmeadow Matraville
Average residential rate $1,217/yr $1,641/yr
Council Bayside (NSW) Randwick

Federal electorate

Banksmeadow Matraville
Division Kingsford Smith
same for both
Member Matt Thistlethwaite
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Banksmeadow Matraville
Grant amount $10,000
same for both
Property price cap $600,000
same for both
Eligibility New
same for both

Tags

Banksmeadow

Matraville

More comparisons

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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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