Banora Point (NSW)

Detail

Based on an evaluation of ABS population updates for the wider region, alongside new addresses validated by Districts since the Census, the resident population of the suburb of Banora Point is estimated at approximately 16,870 as of May 2026. This represents a growth of 410 people (2.5%) compared to the 2021 Census, which recorded 16,460 people. This adjustment is derived from the resident population of 16,859, calculated by Districts using the latest ABS ERP data release (June 2025) plus 15 validated new addresses since the Census date. This population level translates to a density of 1,821 persons per square kilometer, which exceeds the typical average across national locations assessed by Districts. The 2.5% increase since the census positions the suburb of Banora Point within 1.2 percentage points of the SA4 region (3.7%), demonstrating competitive growth dynamics. The expansion was largely fueled by interstate migration, which accounted for approximately 62.0% of the overall population gains in recent times.

Detail

The local workforce presents a balanced mix of professional and manual roles, with a strong presence in essential services, an unemployment rate of only 2.7%, and an estimated job growth rate of 3.5% over the preceding year, according to Districts aggregations of statistical area data. As of March 2026, 7,321 residents are employed, while the local unemployment rate sits 1.4% below the Regional NSW benchmark of 4.1%. Workforce participation is considerably lower, standing at 53.4% compared to 60.6% in Regional NSW. Census data indicates that a modest 12.5% of workers operated from home, though the influence of pandemic restrictions during this period should be kept in mind.

Detail

According to Districts' aggregation of the latest postcode level ATO statistics released for financial year 2023, the taxpayer median income in the suburb of Banora Point was $46,642, while the average stood at $58,007. These figures sit below the national average and compare to $52,390 and $65,215 across Regional NSW respectively. Factoring in Wage Price Index growth of 10.32% since financial year 2023, current estimates correspond to roughly $51,455 (median) and $63,993 (average) as of March 2026. Based on 2021 Census data, household, family, and individual incomes all rank between the 15th and 18th percentiles nationwide. The distribution indicates the largest group consists of 28.2% of residents (4,757 people) earning in the $1,500 - 2,999 bracket, which is consistent with the surrounding region where this group accounts for . Affordability pressures are considerable, leaving only of income after housing expenses, placing the area in the th percentile.

Detail

Residential property types, recorded during the most recent Census, consisted of 61.6% standalone houses and 38.4% other dwelling types (including semi-detached properties, apartments, and alternative options), compared to Regional NSW where houses made up 82.6% and other dwellings accounted for 17.4%. At the same time, home ownership was significantly higher than the Regional NSW benchmark, reaching 47.9%, with the remaining properties being mortgaged (32.6%) or rented (19.5%). The median monthly mortgage payment was higher than the Regional NSW average of $1,733, coming in at $1,871, while the median weekly rent was $440 compared to $330 in the wider region. On a national scale, mortgage repayments exceed the Australian average of $1,863, and rent prices are notably higher than the countrywide figure of $375.

Detail

Family households represent the majority at 69.7% of all households, consisting of 24.3% couples with children, 31.4% couples without children, and 12.9% single parent households. Non-family living arrangements account for the remaining 30.3%, with single-person households representing 27.6% and group households making up 2.7% of the total. The median household size of 2.4 residents aligns exactly with the average for Regional NSW.

Detail

The community shows lower rates of higher education, with university qualification levels (16.3%) sitting considerably below the NSW average of 32.2%. This situation presents both an obstacle and a clear chance for targeted learning programs. Bachelor degrees are the most common higher qualification at 11.7%, followed by postgraduate degrees (2.6%) and graduate diplomas (2.0%). Vocational and technical training are highly prevalent, with 40.7% of residents aged 15+ holding qualifications in these areas, consisting of advanced diplomas (11.6%) and certificates (29.1%).

Detail

Public transit networks include 128 active passenger stops operating locally, consisting of bus services. These stops are served by 61 unique routes, which together provide 1,085 weekly passenger trips. Transit access is classified as excellent, with residents situated an average of 152 meters from their nearest stop. Because of the residential nature of the area, most residents travel elsewhere for work, and private vehicles remain the dominant mode of travel at 96%. Vehicle ownership averages 1.3 per household, which is below the regional average. A relatively modest 12.5% of residents work from home (recorded in the 2021 Census, which may be influenced by pandemic conditions).

Detail

Public health records indicate notable difficulties, based on Districts' evaluation of mortality patterns and the presence of chronic illnesses, which are evident in both younger and older cohorts. In addition, the proportion of residents with private health insurance is relatively low, covering approximately 50% of the population (~8,419 people), compared to the national average of 55.7%.

Detail

Cultural diversity measures lower than average, with 83.9% of residents born in Australia, 91.4% holding citizenship, and 95.4% speaking only English at home. Christianity is the primary religion, followed by 57.8% of the local population, compared to 55.9% recorded across Regional NSW.

Detail

The median age of 48 years is older than the Regional NSW median of 43 and significantly higher than the Australian median of 38. The age distribution reveals a high concentration of residents aged 75 - 84 (10.9%), while the 25 - 34 cohort is smaller (9.0%) than in Regional NSW. Post-2021 Census estimates indicate the 35 to 44 age bracket increased from 9.7% to 11.7% of the population, and the 15 to 24 group rose from 10.0% to 11.1%. In contrast, the 55 to 64 group decreased from 12.5% to 10.9% and the 65 to bracket declined from to . Demographic projections suggest the age distribution will change substantially by . The + cohort is projected to rise steadily, increasing by people () from to . Conversely, declines are expected in the to and to cohorts.

Detail

Banora Point currently has an estimated 910 children under 5 years old, comprising approximately 560 children aged 0-2 and 372 children aged 3-4. This cohort grew by an estimated 26% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 9% by 2041 (to approximately 993 children). Meanwhile the 5-12 cohort currently amounts to 1,543. While growth has been positive birth rates observed in the area have been moderate, with approximately 8.8 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally.