Suburb Profile Report for Banksia NSW (2216)

Banksia House: Median price $1,071,944, Annual capital growth 8.57%, Number of sales 39, Weekly median advertised rent $595

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.93% which means that Banksia, 2216 has done well for property investors by showing a capital gain of 8.72% over the last year

A 58.81% growth in median value for property investors in Banksia,2216 puts this suburb at number 1306th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Banksia is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 413th in terms of most discounted suburbs in NSW

Banksia is 953th on a list of best yielding suburbs for rents in NSW with a 2.89% return

HOUSE UNIT
$1,071,944 N/A
-5.88% N/A
8.72% N/A
8.57% N/A
$595 N/A
39 N/A
2.89% N/A
91.33 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
Chart Table
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