At number 3310th in the list of Australian suburbs ordered by increase in median house value over the last year, Banyo, 4014 is in the BOTTOM 30% with a property value increase of -2.17% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Banyo has increased when compared to the 5 year average annual rate.
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 Banyo, 4014. Typically our figures indicate that -5.27% is being offered, which puts this QLD suburb at 2077th most discounted overall in Australia.
At number 555 in a list of fastest selling suburbs, Banyo is in the TOP 20% of suburbs in Australia with an average of days on market 45.98 for properties listed there.
Property investors should expect to get $425 weekly from the median priced house in this suburb.