Suburb Profile

Suburb profile for,

Banksia Beach, QLD

Located in the dynamic state of QLD (postcode 4507), BANKSIA BEACH is a vibrant real estate market. This suburb holds a median house price of $950,000 and has demonstrated an average buying growth of Up 6.1%. Last month, 100 houses were available, with 149 transactions completed in the past year. Properties spend around 58 days on the market, reflecting the area's demand with 1880 interested buyers. The average rental yield stands at 3.7%, with a weekly median rent of $610 per week and an average rent growth of Up 6.9%. Rental properties usually stay on the market for 22 days. The population in 2016 was 5993, which changed by +9.30% in the past five years. The median weekly household income is $1,178, reflecting an income change of +20.33% over the past five years. Residents have a median age of 55 years, and the suburb has an average annual growth for houses of +10.78%. To fully take advantage of BANKSIA BEACH's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BANKSIA BEACH, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Banksia Beach, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
QLD
Suburb
BANKSIA BEACH
Postcode
4507
Median price for all dwellings
$950,000
Last 12 months growth return
Up 6.1%
Avg. dwellings for sale in the suburb every month
100
Avg. dwellings sold in the suburb in previous 12 months
149
Avg days on market for a dwelling listing to sell
58 days
Avg. number of people searching in this suburb every month
1880
Avg. rental yield per annum
3.70%
Weekly median rent for all dwellings
$610 per week
Median price for all houses
$950,000
Avg. rental yield growth in the previous 12 months
3.70%
Avg. days for a rental listing to find a tennant
22 days
Total suburb population in 2016
5993
Total suburb population change in 5 years up to 2016
9.30%
Avg. household income per week
$1,178
Median age of the population in the suburb
55
Historic avg annual growth return per annum in the suburb
10.78%

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