At number 2791th in the list of Australian suburbs ordered by increase in median house value over the last year, Banksia Park, 5091 is in the BOTTOM 40% with a property value increase of 0.86% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Banksia Park comes in at number 262th in SA.
LACK OF BUYER INTEREST may well be the reason that Banksia Park is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 254th in terms of most discounted suburbs in SA
Residents and property investors in Banksia Park have been waiting around 57.44 days to sell a property.
Situated 17.19km from the CBD, Banksia Park is one of Tea Tree Gully localities in the postcode 5091.