Banksia Park, SA 5091

Banksia Park, SA 5091

Compare Part of Tea Tree Gully

17.01 km
Distance from CBD
8 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$321,500
 0.0% $232 $555,000 54
2010
$337,000
 +4.6% $239,000 $780,000 45
2011
$350,000
 +3.7% $255,000 $720,000 54
2012
$342,000
 -2.3% $65,350 $545,000 64
2013
$350,000
 +2.3% $230,000 $672,000 53
2014
$368,000
 +4.9% $257,500 $630,000 68
2015
$385,000
 +4.4% $227,500 $540,000 46
2016
$390,000
 +1.3% $315,000 $850,000 40
2017
$410,000
 +4.9% $300,000 $755,000 49
2018
$399,000
 -2.8% $200,000 $670,000 52
2019
$450,000
 +11.3% $260,000 $630,000 39
2020
$420,000
 -7.1% $345,000 $680,000 30
2021
$560,000
 +25.0% $345,000 $1,062,000 47
2022
$617,500
 +9.3% $456,000 $1,030,000 58
2023
$635,500
 +2.8% $500,000 $1,100,000 60
2024
$740,000
 +14.1% $590,000 $1,255,000 48
Median Sale Price
$740K
Based on 48 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+14.1%
Current Median Price: $740,000
Previous Median Price: $635,500
Based on 109 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$335
 0.0% $280 $420 17
2012
$330
 -1.5% $275 $485 28
2013
$355
 +7.0% $280 $500 20
2014
$355
 0.0% $285 $495 9
2015
$350
 -1.4% $280 $430 23
2016
$350
 0.0% $300 $520 27
2017
$365
 +4.1% $305 $455 16
2018
$365
 0.0% $320 $550 16
2019
$400
 +8.8% $315 $680 17
2020
$380
 -5.3% $295 $520 21
2021
$410
 +7.3% $350 $465 12
2022
$450
 +8.9% $360 $500 16
2023
$550
 +18.2% $460 $700 25
2024
$540
 -1.9% $510 $750 11
Median Rent Price
$550
per week
Based on 12 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 36 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $740,000
Current Median rent: $550
Based on 60 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Banksia Park

Houses sold in Last 12 months ends 21 Dec 2024

$1.05M

Median Sale Price

25%

Clearance Rate

1/4

Sold/Reported

$1.05M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M
(Median Price Range)		 1

Schools closest to Banksia Park, SA 5091

School name Address Type Sector Distance
Lake Windemere B-7 School Salisbury North 5108 Primary Government 0.7 km
Banksia Park International High School MILNE ROADBanksia Park 5091 Secondary Government 0.89 km
Saint David's Parish School 40 ELIZABETH STTea Tree Gully 5091 Primary Catholic 1.02 km
Fairview Park Primary School NEPONDI COURTFairview Park 5126 Primary Government 1.15 km
Surrey Downs R-7 School VINE STREETSurrey Downs 5126 Primary Government 1.32 km
Tea Tree Gully Primary School NEALE STREETTea Tree Gully 5091 Primary Government 1.69 km
Ridgehaven Primary School MILNE ROADRidgehaven 5097 Primary Government 1.61 km