Property value increases in Banksia Park have tracked just lower than the SA average of 2.79% over the last 12 months.
Over the longer term, Banksia Park has seen property prices show investors a 9.35% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Banksia Park are currently offering property investors an average price cut of -5.12% below the asking price at the moment.
In the last year 66 properties changed hands in Banksia Park, which puts it as the 127th most active market in SA when comparing the number of sales per suburb.
Banksia Park, 5091’s gross rental yield is 4.52%