Banks Postcode
Australian Capital Territory
Income, rent and SEIFA figures are from the ABS 2021 Census and are reported in 2021 dollars, not adjusted for subsequent inflation.
How Banks Compares
Banks vs the ACT average and the national average (2021 Census, population-weighted).
| Metric | Banks | ACT avg | AU avg | Greater Canberra |
|---|---|---|---|---|
| Household income/wk | $2,419 ≈ACT | $2,444 | $1,836 | $2,445 |
| Rent/wk | $424 ≈ACT | $446 | $390 | $447 |
| Mortgage/month | $2,000 ≈ACT | $2,115 | $1,958 | $2,115 |
| Median age | 35 | 37.5 | 45.0 | 37.0 |
| SEIFA decile | 8/10 -ACT | 10.0/10 | 6.0/10 | 10.0/10 |
| Unemployment | 3.8% ≈ACT | 4.0% | 5.0% | 4.0% |
Green pill = at least 10% above the ACT average; red = at least 10% below; grey = within 10%. For unemployment, colour polarity is inverted: lower is better.
Postcode 2906 covers Banks, an inland suburb of Canberra about 22 km from the city centre. It forms part of the Australian Capital Territory region of Australian Capital Territory. Local government services are provided by Unincorporated ACT.
According to the 2021 Census, Banks has a population of 5,100 with a median age of 35. The median weekly household income is $2,419, close to the ACT average. The unemployment rate is 3.8%. The Indigenous population is 144 (2.8% of residents).
Housing in Banks includes a median weekly rent of $424, median monthly mortgage repayment of $2,000, with 1,772 total dwellings. Owner-occupied dwellings (owned or mortgaged) make up 82.0% of housing.
On the SEIFA Index of Relative Socio-economic Advantage and Disadvantage, Banks scores in decile 8 out of 10, which is above the national average.
Banks is part of the Tuggeranong statistical area in Australian Capital Territory.
Banks Details
| Postcode | 2906 |
| State | Australian Capital Territory (ACT) |
| Phone Area Code | 02 |
| Population (2021) | 5,100 |
| Median Age | 35 years |
| Median Household Income (Census 2021) | $2,419/week |
| Median Personal Income (Census 2021) | $1,168/week |
| Median Weekly Rent (Census 2021) | $424 |
| Median Monthly Mortgage (Census 2021) | $2,000 |
| Average Household Size | 2.8 persons |
| Area | 2.3 km² |
| Population Density | 2263/km² |
| Total Dwellings | 1,772 |
| Australian Citizens | 93.4% |
| Indigenous Population | 144 (2.8%) |
| Unemployment Rate | 3.8% |
| SEIFA IRSAD Decile | 8/10 (above average) |
| Latitude | -35.473 |
| Longitude | 149.095 |
| Distance from Canberra | 22 km |
| Region (SA4) | Australian Capital Territory |
| Area (SA3) | Tuggeranong |
| Local Government | Unincorporated ACT |
| Federal Electorate | Bean |
Age Profile
Show counts
| 0–14 years | 1,083 (21.2%) |
| 15–24 years | 699 (13.7%) |
| 25–44 years | 1,526 (29.9%) |
| 45–64 years | 1,364 (26.7%) |
| 65+ years | 428 (8.4%) |
Housing Tenure
SEIFA Socio-economic Index
Index of Relative Socio-economic Advantage and Disadvantage (IRSAD), decile 8 of 10. Higher deciles indicate more advantage.
Health Conditions (2021 Census)
| Asthma | 505 (9.9%) |
| Arthritis | 399 (7.8%) |
| Diabetes | 245 (4.8%) |
| Heart Disease | 147 (2.9%) |
| Cancer | 122 (2.4%) |
| Lung Condition | 65 (1.3%) |
| Dementia | 9 (0.2%) |
Long-term health conditions self-reported in the 2021 Census. Persons may report more than one condition.
Motor Vehicles per Dwelling
| No vehicle | 30 (1.7%) |
| 1 vehicle | 514 (29.2%) |
| 2 vehicles | 743 (42.3%) |
| 3+ vehicles | 471 (26.8%) |
Suburbs Near Banks
Same Postcode (2906)
More Banks Data
Page last reviewed . Data sources: Australian Bureau of Statistics 2021 Census (CC BY 4.0), SEIFA 2021 IRSAD, ACARA school profiles 2025. How this data is sourced.