Fraud Blocker

Banksia Beach, QLD 4507

Home » QLD Real Estate Data » Moreton Bay Regional, QLD » Banksia Beach, QLD 4507

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 Banksia Beach, QLD 4507 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Banksia Beach, QLD 4507”

  1. The total adult population (15 years or older) of Banksia Beach 4507 QLD is 6,380, with a median age of 59. Of those, 62.98% are married, 12.85% are divorced or separated, 18.09% are single and 6.14% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,776. The median monthly mortgage repayment for households in this suburb is $1,950 which is 33.76% of their earnings.

    Source: ABS Census Data (2021)

  2. Banksia Beach, postcode 4507, found nestled within Queensland, is home to an estimated 3,776 households. As reported in the third quarter of 2023, the average house sale price in this suburb sits at a comfortable $830,921. With a median weekly rent of $610, this results in an attractive indicative yield of 3.82% – a figure poised to interest cashflow-centred investors.

    In terms of socio-economics, Banksia Beach touts an impressive IRSAD score of 985 out of a possible 1217, a strong indicator of high socio-economic conditions. This stands to suggest that the neighbourhood boasts access to a variety of economic resources, has residents with solid income levels, and a workforce engaged in skilled occupations.

    When looking at the composition of housing in the area, the renter to owner ratio is a staggeringly low 14%, underscoring an impressive home ownership rate. This means that the property market in Banksia Beach is not over-saturated with rental properties, reducing the risk and potential competition with other property investors. Additionally, the units to houses ratio stands at 4%, pointing to a lower than usual proportion of units. This could imply less competition amongst landlords, thereby bolstering rental yields and attracting families who tend to hold longer tenancy periods.

    However, on the affordability front, Banksia Beach treads on the less favourable side, with the years to own value standing at an above-average 56 years. This indicates the high value of properties in the area necessitating a longer than average period for the residents to fully own their property.

    When shifting focus to supply side metrics, the stock on market Percentage for houses is at 0.48%, reflecting a neutral supply in the housing market. Coupled with an inventory level of 0.64 months (indicating a quick absorption of new listings), and a building approvals Ratio of 0.19% (signifying a controlled supply of new dwellings), supply factors are generally operating in favour of maintaining property values.

    As for market demand, the suburb experiences an average of 66 Days on Market, which suggests a moderate level of demand. Despite this, vacancy rates in Banksia Beach hold at a modest 1.52%, implying a favourable balance between rental supply and demand. This is further supported by a buy search index for houses at 5, suggesting broad interest in the area’s realty – a likely combination of both local and out-of-region buyers.

    Overall, the suburb of Banksia Beach provides a promising and well-performing property market, demonstrating favourable socio-economics, low saturation of rentals, and a good balance of supply and demand. But, as always, it’s essential to continue tracking these market metrics for potential shifts or trends. Not forgetting the RCS (Relative Composite Score) tool developed by HtAG Analytics which aggregates over 80 metrics to streamline your investment research.

    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.

Leave a comment