86 Meymot St, Banyo is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 810m2 and floor size of 310m2. While the property is not currently for sale or for rent, it was last sold in March 2010.
“Bargain Bonanza!”
Here is some excellent value for you, in peaceful laid back Banyo!
This is a great “ Fixerupper” and will appeal especially to all you bargain hunters, including first home buyers ( you will not have to pay any stamp duty), investors (you already have good tenants in place) or property developers (two subdivisions, on 809m2 of easy to build on level land).
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:
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