Suburb Profile Report for Banksia Beach QLD (4507)

Banksia Beach House: Median price $547,500, Annual capital growth 2.31%, Number of sales 165, Weekly median advertised rent $460

Banksia Beach Unit: Median price $431,500, Annual capital growth 3.78%, Number of sales 51, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Banksia Beach has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.30% to date .

Across a shorter period, Banksia Beach, 4507 has seen a median price increase of -0.45% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.98% offered to property buyers. Sellers in Banksia Beach itself are offering an average vendor discount of -4.87% to real estate investors.

Residents and property investors in Banksia Beach have been waiting around 81.47 days to sell a property.

Banksia Beach, 4507’s gross rental yield is 4.37%

Investment property in Banksia Beach 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 30.76%

If we look at median property appreciation over just the last three months, Banksia Beach has given property investors a paper return of 8.15%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Banksia Beach is $431500, with sellers offering an average of -6.84% off the asking price.

At number 1400 in a list of fastest selling suburbs, Banksia Beach is in the bottom 10% of suburbs in Australia with an average of days on market 134.69 for properties listed there.

The QLD suburb of Banksia Beach, 4507 is in the Moreton Bay local government area.

Metrics i HOUSE UNIT
$547,500 $431,500
-0.45% 8.15%
3.30% 30.76%
2.31% 3.78%
$460 $480
165 51
4.37% 5.78%
81.47 134.69

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 5482
Median household income ($/weekly) 975
Median age of persons 52
Median housing loan repayment ($/monthly) 1812
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 613 11.2
    35-44 years 626 11.4
    45-54 years 716 13.1
    55-64 years 1063 19.4
    65-74 years 998 18.2
    Others 1466 26.7
    Age Group
    Census Count Percent(%)
    Registered Married 2791 65.1
    Not Married 1152 26.9
    Defacto Relationship 345 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4067 77.2
    New Zealand 56 1.1
    Papua New Guinea 260 4.9
    United Kingdom 510 9.7
    Other 103 2.0
    Others 270 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.6
    Christianity 3980 79.0
    Islam 9 0.2
    Other Religious Groups 14 0.3
    No Religion 997 19.8
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 265 13.7
    $600-$799 257 13.3
    $800-$999 239 12.4
    $1,250-$1,499 168 8.7
    $1,500-$1,999 204 10.6
    Others 797 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2314 51.5
    Employed, worked full-time 1164 25.9
    Employed, worked part-time 752 16.7
    Unemployed, looking for work 139 3.1
    Employed, away from work 123 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 306 15.0
    Professionals 354 17.4
    Technicians & trades workers 294 14.5
    Clerical & administrative workers 308 15.1
    Sales 259 12.7
    Others 513 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.4
    Infants/Primary 424 45.1
    Secondary 282 30.0
    Technical or Further Educational Institution 65 6.9
    University or other Tertiary Institutions 101 10.7
    Others 28 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4922 93.8
    Semi-detached, row or terrace house, townhouse 309 5.9
    Flat, unit or apartment 9 0.2
    Caravan, cabin, houseboat 7 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1054 50.1
    Being purchased 603 28.7
    Rented 436 20.7
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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