Australian Capital Territory · Postcode 2906

Banks postcode and suburb data

Australian Capital Territory · Phone area code 02 · 22 km from Canberra

Metro
5,100
Population (2021)
$2,419
Household income/wk
$424
Median rent/wk
35
Median age
8/10
SEIFA advantage

Suburb snapshot

Banks at a glance vs ACT

Fast facts and benchmark bars show the suburb's key postcode, Census, SEIFA, school and LGA signals in context.

Quick facts

2906 Postcode See every suburb sharing this postcode
5,100 People Resident population, Census 2021
Unincorporated ACT Council area 148 suburbs, 27 postcodes
35 Median age Years, Census 2021
$2,419/wk Household income Suburb median, Census 2021 dollars
Decile 8/10 SEIFA advantage Above average advantage

Benchmarks against ACT

Household income
$2,419/wk
1% below ACT average
Suburb median, Census 2021
Weekly rent
$424/wk
5% below ACT average
Suburb median, Census 2021
SEIFA advantage
8/10
2.0 deciles below ACT average
IRSAD decile, higher means more advantage
Median age
35 years
2.5 years younger than ACT average
Resident median age
Unemployment
3.8%
0.2 pts below ACT average
Census labour-force rate

Income, rent and SEIFA figures are from the ABS 2021 Census and are reported in 2021 dollars, not adjusted for subsequent inflation.

Detailed comparison table

Banks vs the ACT average and the national average, using population-weighted 2021 Census data.

MetricBanksACT avgAU avgGreater 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

Location, Census, housing, SEIFA and geography fields used across this profile.

Postcode2906
StateAustralian Capital Territory (ACT)
Phone Area Code02
Population (2021)5,100
Median Age35 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 Size2.8 persons
Area2.3 km²
Population Density2263/km²
Total Dwellings1,772
Australian Citizens93.4%
Indigenous Population144 (2.8%)
Unemployment Rate3.8%
SEIFA IRSAD Decile8/10 (above average)
Latitude-35.473
Longitude149.095
Distance from Canberra22 km
Region (SA4)Australian Capital Territory
Area (SA3)Tuggeranong
Local GovernmentUnincorporated ACT
Federal ElectorateBean
State ElectorateBrindabella
Time ZoneAEST (UTC+10), Australia/Sydney (standard time)

Age Profile

0–14 (21.2%) 15–24 (13.7%) 25–44 (29.9%) 45–64 (26.7%) 65+ (8.4%)
Show counts
0–14 years1,083 (21.2%)
15–24 years699 (13.7%)
25–44 years1,526 (29.9%)
45–64 years1,364 (26.7%)
65+ years428 (8.4%)

Housing Tenure

Owned outright (21.5%) Mortgaged (60.5%) Rented (18.0%)

SEIFA socio-economic index

Banks is in SEIFA IRSAD decile 8 of 10. Higher deciles indicate more relative socio-economic advantage. This is an area-level index, not a score for individual households.
More disadvantagedMiddle rangeMore advantaged

Health Conditions (2021 Census)

Asthma505 (9.9%)
Arthritis399 (7.8%)
Diabetes245 (4.8%)
Heart Disease147 (2.9%)
Cancer122 (2.4%)
Lung Condition65 (1.3%)
Dementia9 (0.2%)

Long-term health conditions self-reported in the 2021 Census. Persons may report more than one condition.

Motor Vehicles per Dwelling

No vehicle30 (1.7%)
1 vehicle514 (29.2%)
2 vehicles743 (42.3%)
3+ vehicles471 (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.