Property value increases in Banksia have tracked lower than the NSW average of 8.26% over the last 12 months.
Comparing Banksia,2216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Banksia, 2216. Typically our figures indicate that -7.50% is being offered, which puts this NSW suburb at 994th most discounted overall in Australia.
With the median price for a house in Banksia being $1091944 and the advertised rent reaching $610 the gross rental yield for property investors calculates out to be 2.90%