Suburb Profile Report for Banyo QLD (4014)

Banyo House: Median price $545,000, Annual capital growth 6.63%, Number of sales 102, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Investment property in Banyo has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.20%

Taking the average capital gain, or increase in median house value, Banyo,4014 has racked up an average of 17.20% over the period. This ranks it number 1175th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -4.01% to buyers in Banyo at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.63%, investors should hope to achieve an overall return of 3.91%

HOUSE UNIT
$545,000 N/A
4.31% N/A
17.20% N/A
6.63% N/A
$410 N/A
102 N/A
3.91% N/A
32.67 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5607
Median household income ($/weekly) 1395
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 636 11.3
    25-34 years 938 16.7
    35-44 years 906 16.2
    45-54 years 747 13.3
    55-64 years 583 10.4
    Others 1797 32.0
    Age Group
    Census Count Percent(%)
    Not Married 1893 44.4
    Registered Married 1888 44.3
    Defacto Relationship 479 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4010 75.0
    Indonesia 211 3.9
    Papua New Guinea 318 6.0
    United Kingdom 163 3.1
    Other 201 3.8
    Others 441 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 1.9
    Christianity 3650 70.9
    Hinduism 70 1.4
    Other Religious Groups 182 3.5
    No Religion 1101 21.4
    Others 47 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 169 9.2
    $1,000-$1,249 171 9.3
    $1,500-$1,999 257 14.0
    $2,000-$2,499 209 11.4
    $2,500-$2,999 170 9.3
    Others 856 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1924 43.7
    Not in the labour force 1305 29.6
    Employed, worked part-time 801 18.2
    Unemployed, looking for work 190 4.3
    Employed, away from work 184 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 283 9.7
    Professionals 532 18.3
    Technicians & trades workers 397 13.6
    Clerical & administrative workers 540 18.6
    Labourers 360 12.4
    Others 798 27.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 447 37.3
    Secondary 268 22.3
    Technical or Further Educational Institution 108 9.0
    University or other Tertiary Institutions 250 20.8
    Other type of educational institution 73 6.1
    Others 54 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5096 95.4
    Flat, unit or apartment 200 3.7
    Semi-detached, row or terrace house, townhouse 31 0.6
    House or flat attached to a shop, office 15 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 757 37.7
    Fully owned 637 31.7
    Rented 599 29.8
    Other tenure type 14 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals