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Banksia

Suburb Profile

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

house

Figures from the previous quarter show that capital gains for real estate buyers in BANKSIA are low, 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 $650 based on current median home prices for the suburb.

On average, rents on listings have reached the $650 mark, reflecting a 3.22% increase in returns based on the current median price in BANKSIA.

BANKSIA, 2216 ranks 731st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 874th on the list of best yielding suburbs for rental properties in NSW, posting a 3.22% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,050,000 N/A
GROWTH REPORT
Median Quarterly 2.44% N/A
Median 12 month -6.67% N/A
Median 3 years -0.94% N/A
Median 5 years 22.09% N/A
10 years average annual 8.23% N/A
Weekly media advert. rent $650 N/A
Time on Market 61.4 days N/A
Gross Rental Yield Percent 3.22% N/A
demographics (median values)
Total Population
2951
Weekly Household Income
1095
Household Size
2.90
demographics
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