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Investment Property Banksia Park, SA, 5091

Suburb Snapshot

Banksia Park is a suburb in the Tea Tree Gully Region of South Australia. Banksia Park has a population of 3,290 people and 8.49% of its occupants live in rental accommodation. The median listing price for houses is $724,500 and this has changed 15.00% over the past year and changed 20.85% over 2 years.

The median rent in Banksia Park for houses is $560 per week and the median rental yield is 4.01%. Stock on the market for houses/townhouses has changed 63.64% compared to last year and the average time to sell a house/townhouse is 40 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 Park is NA per week, producing a rental yield of NA.

Supply & Demand in Banksia Park, Tea Tree Gully

0.28%

Current vacancy rate


4

Rental stock available


3,290

Population


8.49%

Rental population


0.35%

Current vacancy rate


151

Rental stock available


97,734

Population


18.67%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Banksia Park, Tea Tree Gully

  House Townhouses Units
Median listing price $724,500 NA NA
Median price change - last quarter 4.71% NA NA
Median price change - 1 year 15.00% NA NA
Median price change - 2 years 20.85% NA NA
  House Townhouses Units
Median weekly rent $560 NA NA
Median yield % 4.01% NA NA
Median rent change - 1 year 6.66% NA NA
  House Units
Previous month sales 6 0
Stock on market previous month 18 0
Stock variance vs. last year 63.64% 0.00%
Average days on market 40 NA

Banksia Park investment property listings

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