Banksia · Suburb / Locality

Housing & Dwellings in Banksia

Where and how people live — the homes, how they are held, and what they cost.

Housing costs in Banksia are much higher than most similar areas, with typical monthly mortgage payments reaching $2,500. This is a place where separate houses dominate the landscape and home ownership is relatively high. Many residents face significant living expenses, as both rents and mortgages sit well above the national figures.

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📍 Banksia, Suburb / Locality

Where Banksia sits — Median rent (weekly)

$500 ▲ +16.3%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Banksia — higher than 92% of areas.

Median rent (weekly) compared with the state and national average
Banksia$500
2216, NSW $460
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $500, which is among the highest for its level and well above the Australian figure of $375. Home loan repayments are also high, with the typical monthly payment of $2,500 sitting a little above the New South Wales average.

$500 ▲ +16.3%

Higher than 92% of suburb / locality areas.

  • 2011: $430
  • 2016: $480
  • 2021: $500

Median weekly rent paid by households renting their home.

$2,500 → 0.0%

Higher than 88% of suburb / locality areas.

  • 2011: $2,500
  • 2016: $2,383
  • 2021: $2,500

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Banksia splits fairly evenly between $350–$549 (41%) and $550–$749 (39%), with $200–$349 at 14%.

Monthly mortgage distribution

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Banksia splits fairly evenly between $3,000 or more (38%) and $1,800–$2,999 (34%), with $1,000–$1,799 at 18%.

Owning & renting

How homes are owned or rented.

Ownership is common here, with 38.5% of homes owned outright, a figure well above the national average. In contrast, the share of households renting is 22.6%, which is well below the New South Wales figure of 32.6%.

22.6% ▲ +23.1%

Higher than 66% of suburb / locality areas.

  • 2011: 18.4%
  • 2016: 20.9%
  • 2021: 22.6%

Share of occupied private dwellings that are rented.

38.5% ▼ -10.7%

Lower than 58% of suburb / locality areas.

  • 2011: 43.1%
  • 2016: 38.6%
  • 2021: 38.5%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Banksia splits fairly evenly between Owned outright (39%) and Owned with a mortgage (37%), with Rented at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 77.6% of the homes in Banksia, which is far above the state average. While 73.5% of homes have three or more bedrooms, there are 0.90 people per bedroom, which is much higher than most areas.

0.90 ▼ -25.0%

Higher than 86% of suburb / locality areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

77.6% ▼ -14.2%

Lower than 83% of suburb / locality areas.

  • 2011: 90.4%
  • 2016: 77.3%
  • 2021: 77.6%

Share of occupied private dwellings that are separate houses.

73.5% ▼ -2.4%

Lower than 65% of suburb / locality areas.

  • 2011: 75.3%
  • 2016: 72.0%
  • 2021: 73.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Banksia, Separate house is the majority at 78%; Flat or apartment is next at 11%.

Bedrooms per home

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In Banksia, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (23%) and 4 bedrooms (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Banksia

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Banksia [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10179/banksia/topic/housing-dwellings