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.
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.
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.
Bars are drawn against the largest share shown (35.8%).
Who lives together
Household composition, 2021 Census.
Who owns and who rents
Occupied private dwellings by tenure, 2021 Census.
Qualifications
Highest non-school qualification, residents 15+, 2021 Census.
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.
Bars are drawn against the largest share shown (11.8%).
What people live in
Occupied private dwellings by structure, 2021 Census.
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.
6 vs 6 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
| 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.
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
Other comparisons with Banksmeadow
Other comparisons with Matraville
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.