ObjectiveThe present study aimed to compare the estimated prevalence, sociodemographic features and impacts of Bulimia Nervosa (BN), Binge Eating Disorder (BED) and Other Specified Feeding or Eating Disorder (OSFED; BN or BED of low frequency and/or limited duration) when comparing the DSM‐5 with the broader ICD‐11 diagnostic criteria for size and specifiers of binge‐eating episodes in a general population epidemiological sample.Methods2977 individuals (1524 women and 1453 men) aged ≥15 years from randomly selected households in South Australia were interviewed in person. Participants were asked questions relating to sociodemographic features, symptoms of eating disorder pathology, physical and mental health‐related quality of life (HRQoL; SF‐12) and role impairment.ResultsThe estimated prevalence of only one diagnosis, namely BED, was lower when applying DSM‐5 criteria than when applying ICD‐11 criteria, largely due to the Criterion B binge‐eating specifiers of the DSM‐5. There were no significant differences in participants' demographic features, HRQoL, or role impairment between the comparable diagnosis of either scheme.ConclusionsThere were few differences in distribution and similar levels of health impacts when applying either diagnostic scheme in this epidemiological study. However, cases of BED may be missed when using the stricter criteria of DSM‐5 in epidemiological surveys. Further studies are needed to assess the clinical utility of the DSM‐5 and ICD‐11 diagnostic specifiers of binge‐eating.