79 Musgrave Road

Banyo QLD 4014

The size of Banyo is approximately 5 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2011 was 5,607 people. By 2016 the population was 5,864 showing a population growth of 4.6% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation. In 2011, 67.9% of the homes in Banyo were owner-occupied compared with 67% in 2016.

Banyo has 2,952 properties. Over the last 5 years, Houses in Banyo have seen a 98.87% increase in median value, while Units have seen a 63.67% increase. As at 31 October 2024:

• The median value for Houses in Banyo is $1,066,105 while the median value for Units is $569,933.
• Houses have a median rent of $650 while Units have a median rent of $435.