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Investment Property Banksia Grove, WA, 6031

Suburb Snapshot

Banksia Grove is a suburb in the Wanneroo Region of Western Australia. Banksia Grove has a population of 9,356 people and 20.80% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed 24.92% over the past year and changed 42.95% over 2 years.

The median rent in Banksia Grove for houses is $675 per week and the median rental yield is 5.40%. Stock on the market for houses/townhouses has changed 26.67% compared to last year and the average time to sell a house/townhouse is 44 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Banksia Grove is NA per week, producing a rental yield of NA.

Supply & Demand in Banksia Grove, Wanneroo

0.55%

Current vacancy rate


25

Rental stock available


9,356

Population


20.80%

Rental population


0.63%

Current vacancy rate


542

Rental stock available


188,218

Population


20.84%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Banksia Grove, Wanneroo

  House Townhouses Units
Median listing price $649,000 NA NA
Median price change - last quarter 4.67% NA NA
Median price change - 1 year 24.92% NA NA
Median price change - 2 years 42.95% NA NA
  House Townhouses Units
Median weekly rent $675 NA NA
Median yield % 5.40% NA NA
Median rent change - 1 year 12.50% NA NA
  House Units
Previous month sales 23 0
Stock on market previous month 76 0
Stock variance vs. last year 26.67% 0.00%
Average days on market 44 NA

Banksia Grove investment property listings

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