The size of Banyan is approximately 105.4 square kilometres. It has 1 park covering nearly 3% of total area. The population of Banyan in 2011 was 229 people. By 2016 the population was 10 showing a population decline of 95.6% in the area during that time. The predominant age group in Banyan is 50-59 years. Households in Banyan are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Banyan work in a managers occupation. In 2011, 77.6% of the homes in Banyan were owner-occupied compared with 116.7% in 2016..
Banyan has 21 properties. As at 31 October 2024:
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