Suburb Profile Report for Banksia Park SA (5091)

Banksia Park House: Median price $380,000, Annual capital growth 3.90%, Number of sales 67, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report

Banksia Park is in the bottom 40% in SA when comparing median price capital growth over the last year. Banksia Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.

The five-year average increase in median property values for Banksia Park,5091 has given property investors a potential capital gain of 11.76% across each of those five years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Banksia Park itself are offering an average vendor discount of -5.46% to real estate investors.

HOUSE UNIT
$380,000 N/A
-0.20% N/A
0.00% N/A
3.90% N/A
$355 N/A
67 N/A
4.86% N/A
51.97 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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
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