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.