29 The Promontory

Banksia Beach QLD 4507

The size of Banksia Beach is approximately 7.2 square kilometres. It has 24 parks covering nearly 51.5% of total area. The population of Banksia Beach in 2011 was 5,482 people. By 2016 the population was 5,993 showing a population growth of 9.3% in the area during that time. The predominant age group in Banksia Beach is 60-69 years. Households in Banksia Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia Beach work in a professional occupation. In 2011, 77.1% of the homes in Banksia Beach were owner-occupied compared with 79.6% in 2016.

Banksia Beach has 4,318 properties. Over the last 5 years, Houses in Banksia Beach have seen a 89.35% increase in median value, while Units have seen a 66.85% increase. As at 30 September 2024:

• The median value for Houses in Banksia Beach is $1,039,176 while the median value for Units is $776,509.
• Houses have a median rent of $735 while Units have a median rent of $340.