Suburb Profile Report for Banksia NSW (2216)

Banksia House: Median price $1,071,944, Annual capital growth 8.66%, Number of sales 39, Weekly median advertised rent $593

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 4.07% for the last 12 months, Banksia, 2216 has performed for property investments than its average annual 8.66% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Banksia has given property investors a paper return of -1.83%. This puts Suburb as 1107 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Banksia should be aiming for at least -4.09% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $592.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,071,944 N/A
-1.83% N/A
4.07% N/A
8.66% N/A
$593 N/A
39 N/A
2.87% N/A
93.13 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 3231
Median household income ($/weekly) 1371
Median age of persons 38
Median housing loan repayment ($/monthly) 2500
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 372 11.5
    25-34 years 470 14.5
    35-44 years 509 15.8
    45-54 years 400 12.4
    55-64 years 400 12.4
    Others 1080 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 1307 53.7
    Not Married 996 40.9
    Defacto Relationship 133 5.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1643 55.0
    Croatia 113 3.8
    Germany 246 8.2
    Malaysia 95 3.2
    Other 241 8.1
    Others 651 21.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 116 4.0
    Christianity 2025 69.3
    Hinduism 67 2.3
    Islam 315 10.8
    No Religion 375 12.8
    Others 26 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 88 9.6
    $600-$799 86 9.4
    $800-$999 79 8.6
    $1,500-$1,999 117 12.7
    $2,000-$2,499 112 12.2
    Others 436 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 976 39.9
    Not in the labour force 885 36.2
    Employed, worked part-time 402 16.4
    Employed, away from work 97 4.0
    Unemployed, looking for work 85 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 151 10.3
    Professionals 258 17.5
    Technicians & trades workers 195 13.2
    Clerical & administrative workers 253 17.2
    Labourers 176 11.9
    Others 440 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 40 6.2
    Infants/Primary 230 35.5
    Secondary 165 25.5
    Technical or Further Educational Institution 69 10.6
    University or other Tertiary Institutions 122 18.8
    Others 22 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2787 91.9
    Flat, unit or apartment 136 4.5
    Semi-detached, row or terrace house, townhouse 102 3.4
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 443 44.3
    Being purchased 362 36.2
    Rented 189 18.9
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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