Banana Shire, QLD
The Shire of Banana is a local government district in Queensland, Australia, in the Capricorn region, inland from the regional capital of Gladstone. The shire was named after the region’s first township (Banana), which was named after the burial site of a massive dun-colored bullock known as ‘Banana.’
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The Shire’s council is based in Biloela, which is the Shire’s biggest town. Coal mining, beef production, electricity generation, dryland cropping, and irrigated crops such as lucerne and cotton are all major businesses in the county.
The most common employment in Banana are Managers (20.3%), Technicians and Trades Workers (16%), Labourers (15.4%), Machinery Operators and Drivers (14.1%), and Professionals (9.9%).
Banana LGA has a median weekly personal income of $714 for those aged 15 and above.
Separate homes account for 92.6 % of occupied private residences in Banana, while semi-detached, row or terrace houses, townhouses, and other buildings account for 1.2 %, flats or apartments account for 3.6 %, and other dwellings account for 1.7 %.
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Capital Growth Heatmap
Property Market Snapshot
This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.
Buy
2BR
3BR
4BR
5BR
Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.
Rent
2BR
3BR
4BR
5BR
Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.
Yield
2BR
3BR
4BR
5BR
Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.
Buy
1BR
2BR
3BR
Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.
Rent
1BR
2BR
3BR
Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.
Yield
1BR
2BR
3BR
Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.
How to use this Dashboard
This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.
Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.
Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.
Property Market in Banana Shire, QLD
Banana Shire is surrounded by 5 other council areas – Maranoa, Gladstone, Central Highlands, Western Downs, North Burnett.
Suburbs/localities in this Local Government Area: Eurombah 4420, Ghinghinda 4420, Glebe 4419, Glenhaughton 4420, Glenmoral 4719, Goovigen 4702, Greycliffe 4715, Gwambegwine 4420, Banana 4702, Isla 4719, Baralaba 4702, Kianga 4718, Kinnoul 4420, Kokotungo 4702, Lawgi Dawes 4716, Lonesome Creek 4719, Baroondah 4420, Mount Murchison 4715, Moura 4718, Alberta 4702, Orange Creek 4715, Pheasant Creek 4702, Prospect 4715, Roundstone 4718, Biloela 4715, Spring Creek 4420, Taroom 4420, Tarramba 4715, Thangool 4716, Theodore 4719, Ulogie 4702, Valentine Plains 4715, Warnoah 4718, Westwood 4702, Woolein 4702, Wowan 4702, Jambin 4702, Broadmere 4420, Callide 4715, Camboon 4719, Castle Creek 4715, Cockatoo 4419, Coorada 4420, Cracow 4719, Dakenba 4715, Dixalea 4702, Dululu 4702, Dumgree 4715, Dumpy Creek 4702