Suburb Profile Report for Banksia Beach QLD (4507)

Banksia Beach House: Median price $560,000, Annual capital growth 2.63%, Number of sales 160, Weekly median advertised rent $440

Banksia Beach Unit: Median price $403,000, Annual capital growth 3.26%, Number of sales 48, Weekly median advertised rent $475

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.76% for the last 12 months, Banksia Beach, 4507 has performed for property investments than its average annual 2.63% property growth over the last 5 years.

A 22.00% growth in median value for property investors in Banksia Beach,4507 puts this suburb at number 377th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Banksia Beach is offering property investors an average of -6.84. This rate of discount on properties puts Suburb at number 698th in terms of most discounted suburbs in QLD

Banksia Beach is 567th on a list of best yielding suburbs for rents in QLD with a 4.09% return

If you compare the increase in value of investment property in Banksia Beach, 4507 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 24.38%.

Comparing Banksia Beach,4507 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -6.52% to buyers in Banksia Beach at the moment, which is less than average for the rest of QLD.

With the median price for a house in Banksia Beach being $403000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 6.13%

Metrics i HOUSE UNIT
$560,000 $403,000
0.90% 4.13%
5.76% 24.38%
2.63% 3.26%
$440 $475
160 48
4.09% 6.13%
79.03 144.97

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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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