Banksia Park, SA 5091
Compare Part of Tea Tree Gully
17.01 km
Distance from Adelaide CBD
8 k
Population
Auction Times
Thu 2 May | Auction Time | Agency | |
|---|---|---|---|
 | 4 Jasper Court 3 1 2 House | 11:00 AM Thu 2nd May | Barry Plant Adelaide |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $321,500 | 0.0% | $232 | $555,000 | 54 |
| 2010 | $337,000 | +4.6% | $239,000 | $780,000 | 45 |
| 2011 | $350,000 | +3.7% | $255,000 | $720,000 | 54 |
| 2012 | $342,000 | -2.3% | $65,350 | $545,000 | 64 |
| 2013 | $349,000 | +2.0% | $160,000 | $666,000 | 53 |
| 2014 | $368,000 | +5.2% | $257,500 | $630,000 | 68 |
| 2015 | $385,000 | +4.4% | $227,500 | $540,000 | 46 |
| 2016 | $390,000 | +1.3% | $315,000 | $850,000 | 40 |
| 2017 | $410,000 | +4.9% | $300,000 | $755,000 | 49 |
| 2018 | $399,000 | -2.8% | $200,000 | $670,000 | 52 |
| 2019 | $450,000 | +11.3% | $260,000 | $630,000 | 39 |
| 2020 | $420,000 | -7.1% | $345,000 | $680,000 | 30 |
| 2021 | $560,000 | +25.0% | $345,000 | $1,062,000 | 47 |
| 2022 | $617,500 | +9.3% | $456,000 | $1,030,000 | 58 |
| 2023 | $635,500 | +2.8% | $500,000 | $1,100,000 | 60 |
| 2024 | $727,550 | +12.7% | $615,000 | $1,255,000 | 15 |
Median Sale Price
$650K
Based on 64 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
+3.1%
Current Median Price: $650,000
Previous Median Price: $630,000
Based on 115 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $335 | 0.0% | $280 | $420 | 17 |
| 2012 | $330 | -1.5% | $275 | $485 | 28 |
| 2013 | $355 | +7.0% | $280 | $500 | 20 |
| 2014 | $355 | 0.0% | $285 | $495 | 9 |
| 2015 | $350 | -1.4% | $280 | $430 | 23 |
| 2016 | $350 | 0.0% | $300 | $520 | 27 |
| 2017 | $365 | +4.1% | $305 | $455 | 16 |
| 2018 | $365 | 0.0% | $320 | $550 | 16 |
| 2019 | $400 | +8.8% | $315 | $420 | 17 |
| 2020 | $380 | -5.3% | $295 | $520 | 21 |
| 2021 | $410 | +7.3% | $350 | $465 | 12 |
| 2022 | $450 | +8.9% | $360 | $500 | 16 |
| 2023 | $550 | +18.2% | $460 | $700 | 25 |
| 2024 | $510 | -7.8% | $510 | $510 | 1 |
Median Rent Price
$550
per week
Based on 19 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 35 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $650,000
Current Median rent: $550
Based on 83 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Banksia Park
Houses sold in Last 12 months ends 20 Apr 2024
$620K
Median Sale Price
50%
Clearance Rate
4/8
Sold/Reported
$720K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 2 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Banksia Park 5091
Based on median house sale price sold in last 12 months
Schools closest to Banksia Park, SA 5091
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Lake Windemere B-7 School | Salisbury North 5108 | Primary | Government | 0.7 km |
| Banksia Park International High School | MILNE ROADBanksia Park 5091 | Secondary | Government | 0.89 km |
| Saint David's Parish School | 40 ELIZABETH STTea Tree Gully 5091 | Primary | Catholic | 1.02 km |
| Fairview Park Primary School | NEPONDI COURTFairview Park 5126 | Primary | Government | 1.15 km |
| Surrey Downs R-7 School | VINE STREETSurrey Downs 5126 | Primary | Government | 1.32 km |
| Tea Tree Gully Primary School | NEALE STREETTea Tree Gully 5091 | Primary | Government | 1.69 km |
| Ridgehaven Primary School | MILNE ROADRidgehaven 5097 | Primary | Government | 1.61 km |