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Banyo, QLD 4014

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Banyo, QLD 4014 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Banyo, QLD 4014”

  1. The total adult population (15 years or older) of Banyo 4014 QLD is 4,942, with a median age of 37. Of those, 44.31% are married, 11.82% are divorced or separated, 39.84% are single and 4.03% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $9,788. The median monthly mortgage repayment for households in this suburb is $2,000 which is 20.43% of their earnings.

    Source: ABS Census Data (2021)

  2. Banyo, postcode 4014, is a suburb nestled in the heart of Queensland (QLD) with an estimated total of 3181 households. As we dive into Q3 of 2023, current data uncovers that the usual pricing for houses in Banyo stands at $890,349. Residents can expect the median weekly rent to be about $559, resulting in an indicative yield of 3.26% – an attractive figure for cashflow-focused property investors.

    On the socio-economic front, Banyo scores 1028 out of a possible 1217 on the IRSAD (Index of Relative Socio-economic Advantage and Disadvantage). This figure suggests that Banyo has a comfortable socio-economic status, bolstering its appeal to potential residents and investors alike.

    The renter to owner percentage in Banyo currently stands at 37%, a figure that while higher than the ideal 30% or below, still falls under a generally acceptable range. On the housing front, the units to houses ratio is a mere 4%, aligning well with the preferable metric of 50% or lower.

    However, there are aspects of Banyo’s property market that require careful consideration. Its affordability index reflects a figure of 36 years, exceeding the standard mortgage term of 30 years, indicating a potential decrease in affordability for the neighbourhood.

    Navigating to the supply metrics, Banyo has a low stock on market Percentage for houses at 0.17%, coupled with an inventory level of 0.72 months. Both these figures, well below the thresholds of 0.4% and 2 months respectively, indicate a low supply market. The building approvals Ratio for houses also sits in the favourable corridor at a mere 0.45%, suggesting minimal influx of new dwellings.

    Examining demand metrics paints a similar picture. Houses in Banyo spend an average of only 33 days on the market, indicating a high demand. The vacancy rate, covering both houses and units, is extremely low at 0.42%, showcasing a high demand and low supply scenario. Banyo’s buy search index matches the state / city average at a neutral 5.

    In summary, while Banyo presents a slightly challenging affordability index and renter to owner ratio, its other essential, fundamental, supply and demand metrics place it as an attractive market for both property investors and potential residents. This highlights the importance of considering multiple parameters to understand the market dynamics thoroughly. For a comprehensive understanding, using the Relative Composite Score (RCS) developed by HtAG Analytics can be beneficial, as it utilises over 80 metrics to assess the potential of a given real estate market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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