$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.
Banksia · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Banksia — higher than 92% of areas.
| Banksia | $500 |
|---|---|
| 2216, NSW | $460 |
| New South Wales | $420 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,500 → 0.0%
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Banksia splits fairly evenly between $350–$549 (41%) and $550–$749 (39%), with $200–$349 at 14%.
Banksia splits fairly evenly between $3,000 or more (38%) and $1,800–$2,999 (34%), with $1,000–$1,799 at 18%.
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.
Share of occupied private dwellings that are rented.
38.5% ▼ -10.7%
Lower than 58% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Banksia splits fairly evenly between Owned outright (39%) and Owned with a mortgage (37%), with Rented at 23%.
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.
Average number of usual residents per bedroom — a crowding measure.
77.6% ▼ -14.2%
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
73.5% ▼ -2.4%
Lower than 65% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Banksia, Separate house is the majority at 78%; Flat or apartment is next at 11%.
In Banksia, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (23%) and 4 bedrooms (19%).
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