SA has seen average median house prices change by 3.56% which means that Banksia Park, 5091 has done well for property investors by showing a capital gain of 4.64% over the last year
Over the longer term, Banksia Park has seen property prices show investors a 12.86% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Banksia Park itself are offering an average vendor discount of -5.75% to real estate investors.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
Situated 17.48km from the CBD, Banksia Park is one of Tea Tree Gully localities in the postcode 5091.