Banyo · Suburb / Locality

Housing & Dwellings in Banyo

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

Separate houses make up 92.2% of all homes in Banyo, creating a landscape dominated by detached living. This is a costly place to live, where typical mortgage payments and rents are both much higher than in most other areas. These high costs sit alongside a housing stock that is significantly larger than the national average.

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📍 Banyo, Suburb / Locality

Where Banyo sits — Median rent (weekly)

$410 ▲ +18.8%
  • $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 Banyo — higher than 84% of areas.

Median rent (weekly) compared with the state and national average
Banyo$410
4014, QLD $450
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly mortgage payment is $2,000, which is much higher than most areas and a little above the Queensland figure. Similarly, weekly rents are much higher than most areas, with a typical cost of $410.

$410 ▲ +18.8%

Higher than 84% of suburb / locality areas.

  • 2011: $345
  • 2016: $378
  • 2021: $410

Median weekly rent paid by households renting their home.

$2,000 ▲ +2.6%

Higher than 72% of suburb / locality areas.

  • 2011: $1,950
  • 2016: $1,950
  • 2021: $2,000

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Banyo, $350–$549 is the majority at 57%; $200–$349 is next at 18%.

Monthly mortgage distribution

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In Banyo, the largest group is $1,800–$2,999 at 46%, followed by $1,000–$1,799 (28%) and $3,000 or more (14%).

Owning & renting

How homes are owned or rented.

Mortgages are common here, as 40.5% of homes are owned with a loan. This is consistent with the fact that homes owned outright are much lower than most areas at 26.7%, while 30.9% of households are renting.

30.9% ▲ +6.0%

Higher than 80% of suburb / locality areas.

  • 2011: 29.2%
  • 2016: 30.1%
  • 2021: 30.9%

Share of occupied private dwellings that are rented.

26.7% ▼ -13.9%

Lower than 83% of suburb / locality areas.

  • 2011: 31.0%
  • 2016: 28.0%
  • 2021: 26.7%

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

How homes are owned or rented

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In Banyo, the largest group is Owned with a mortgage at 41%, followed by Rented (31%) and Owned outright (27%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes in Banyo are typically large, with 83% having three or more bedrooms, a figure well above the national average. Separate houses are far more common here than in most of Australia, making up 92.2% of all dwellings.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

92.2% ▼ -1.8%

Lower than 63% of suburb / locality areas.

  • 2011: 93.8%
  • 2016: 93.6%
  • 2021: 92.2%

Share of occupied private dwellings that are separate houses.

83.0% ▲ +2.0%

Higher than 60% of suburb / locality areas.

  • 2011: 81.4%
  • 2016: 82.4%
  • 2021: 83.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Banyo, Separate house is the majority at 92%; Flat or apartment is next at 5%.

Bedrooms per home

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In Banyo, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (31%) and 2 bedrooms (12%).

Sources

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

More for Banyo

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Banyo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL30148/banyo/topic/housing-dwellings