$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.
Banyo · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Banyo — higher than 84% of areas.
| Banyo | $410 |
|---|---|
| 4014, QLD | $450 |
| Queensland | $365 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,000 ▲ +2.6%
Higher than 72% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Banyo, $350–$549 is the majority at 57%; $200–$349 is next at 18%.
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%).
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.
Share of occupied private dwellings that are rented.
26.7% ▼ -13.9%
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Banyo, the largest group is Owned with a mortgage at 41%, followed by Rented (31%) and Owned outright (27%).
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.
Average number of usual residents per bedroom — a crowding measure.
92.2% ▼ -1.8%
Lower than 63% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
83.0% ▲ +2.0%
Higher than 60% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Banyo, Separate house is the majority at 92%; Flat or apartment is next at 5%.
In Banyo, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (31%) and 2 bedrooms (12%).
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