Property value increases in Banksia have tracked just higher than the NSW average of 11.67% over the last 12 months.
A 92.13% growth in median value for property investors in Banksia,2216 puts this suburb at number 319th in terms of best performing suburbs in NSW
Vendor discounting in Banksia is giving property investors an average Vendor Discount of around -9.17%. This puts suburb at number 64th in NSW when ranking the most discounted suburbs.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.51%, without taking into account capital value appreciation, which has been averaging out at 10.01%.