24 Chestnut Drive

Banksia NSW 2216

The size of Banksia is approximately 0.9 square kilometres. It has 5 parks covering nearly 23.4% of total area. The population of Banksia in 2011 was 3,231 people. By 2016 the population was 3,377 showing a population growth of 4.5% in the area during that time. The predominant age group in Banksia is 30-39 years. Households in Banksia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia work in a professional occupation. In 2011, 78.3% of the homes in Banksia were owner-occupied compared with 75.5% in 2016.

Banksia has 1,240 properties. Over the last 5 years, Houses in Banksia have seen a 72.40% increase in median value, while Units have seen a 12.17% increase. As at 31 August 2024:

• The median value for Houses in Banksia is $1,725,679 while the median value for Units is $653,996.
• Houses have a median rent of $800 while Units have a median rent of $550.