Property value increases in Banksia have tracked lower than the NSW average of 6.87% over the last 12 months.
Across a shorter period, Banksia, 2216 has seen a median price increase of -1.11% over the last quarter.
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 -6.36% is being offered, which puts this NSW suburb at 1654th most discounted overall in Australia.
Advertised rents are around the $595 mark per week – giving a return of 2.92% based on the median price in Suburb