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Banksia

Suburb Profile

Banksia - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2216

house

Property investors enjoyed capital gains of 8.33% over the last 12 months in BANKSIA, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in BANKSIA are high, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

On average, rents on listings have reached the $580 mark, reflecting a 2.65% increase in returns based on the current median price in BANKSIA.

BANKSIA, 2216 ranks 601st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 867th on the list of best yielding suburbs for rental properties in NSW, posting a 2.65% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,137,500 N/A
GROWTH REPORT
Median Quarterly 3.88% N/A
Median 12 month 8.33% N/A
Median 3 years -6.26% N/A
Median 5 years -0.12% N/A
10 years average annual 6.92% N/A
Weekly media advert. rent $580 N/A
Time on Market 41.5 days N/A
Gross Rental Yield Percent 2.65% N/A
demographics (median values)
Total Population
2951
Weekly Household Income
1095
Household Size
2.90
demographics
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Top 10 Birth Countries
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Household Income
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