Suburb Profile Report for Banksia Park SA (5091)

Banksia Park House: Median price $380,750, Annual capital growth 3.63%, Number of sales 68, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

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.

Metrics i HOUSE UNIT
$380,750 N/A
0.20% N/A
0.86% N/A
3.63% N/A
$350 N/A
68 N/A
4.78% N/A
57.44 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3237
Median household income ($/weekly) 1309
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 386 11.9
    35-44 years 458 14.1
    45-54 years 407 12.6
    55-64 years 452 14.0
    65-74 years 383 11.8
    Others 1151 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 1453 57.7
    Not Married 836 33.2
    Defacto Relationship 230 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2474 77.8
    Greece 46 1.4
    New Zealand 27 0.8
    United Kingdom 446 14.0
    Other 49 1.5
    Others 139 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.4
    Christianity 1959 65.7
    Hinduism 11 0.4
    Other Religious Groups 9 0.3
    No Religion 984 33.0
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 115 10.4
    $800-$999 127 11.5
    $1,000-$1,249 112 10.1
    $1,500-$1,999 181 16.3
    $2,000-$2,499 139 12.5
    Others 435 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1031 39.5
    Not in the labour force 867 33.3
    Employed, worked part-time 529 20.3
    Employed, away from work 103 4.0
    Unemployed, looking for work 77 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 166 10.0
    Professionals 324 19.5
    Technicians & trades workers 326 19.6
    Clerical & administrative workers 291 17.5
    Sales 165 9.9
    Others 389 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 37 5.3
    Infants/Primary 290 41.4
    Secondary 174 24.8
    Technical or Further Educational Institution 69 9.8
    University or other Tertiary Institutions 109 15.5
    Others 22 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3138 99.9
    Flat, unit or apartment 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 583 48.3
    Fully owned 511 42.3
    Rented 107 8.9
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals