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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
The size of Banksmeadow is approximately 3.9 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Banksmeadow in 2011 was 12 people. By 2016 the population was 10 showing a population decline of 16.7% in the area during that time. The predominant age group in Banksmeadow is 60-69 years.
Households in Banksmeadow are primarily couples with children and are likely to be repaying over $2000 per month on mortgage repayments. In general, people in Banksmeadow work in a professional occupation.
In Banksmeadow, the median property price for a unit is currently 985,000 with annual capital growth of -1.50 . There were 31 unit sales in the past 12 months. On average, units spend 54 days on market.
If you're thinking about buying an investment property in Banksmeadow, consider that rental yields for units are currently 4.52 with an average median rent of 775 weekly. Units have seen 1.55 growth in the past quarter, and -1.50 growth in the past 12 months.
The size of Banksmeadow is approximately 3.9 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Banksmeadow in 2011 was 12 people. By 2016 the population was 10 showing a population decline of 16.7% in the area during that time. The predominant age group in Banksmeadow is 60-69 years.
Households in Banksmeadow are primarily couples with children and are likely to be repaying over $2000 per month on mortgage repayments. In general, people in Banksmeadow work in a professional occupation.
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| Key Market Data | House | Unit |
| Median price | – | 985,000 |
| Quarterly growth | – | +1.55 |
| 12-month growth | – | -1.50 |
| Average annual growth | – | +2.16 |
| Weekly median rent | – | 775 |
| Gross rental yield | 3.14 | 4.52 |
| Number of Sales (12m) | – | 31 |
| Avg. Days on Market (12m) | – | 54 |
| Key Demographics | 2011 | 2016 |
| Total population | 12 | 10 |
| Population change (5y) | -97.51 | -16.70 |
| Median household income (p/w) | 1,250 | – |
| Household income change (5y) | +22.91 | – |
| Median age of persons | 63 | 26 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Banksmeadow was 10 in 2016, a -16.70 change compared to 2011.
The predominant age group in Banksmeadow is 60-69 years.
The population of Banksmeadow was 10 in 2016, a -16.70 change compared to 2011.
The predominant age group in Banksmeadow is 60-69 years.
Most of the population in Banksmeadow were born in Australia.
Most of the population in Banksmeadow were born in Australia.
Most of the population in Banksmeadow report their religion as No Religion.
Most of the population in Banksmeadow report their religion as No Religion.
Most of the population in Banksmeadow report their income range as between 52,000 and 78,000 .
The median household income in Banksmeadow was 1,250 in 2011, a +22.91 change compared to 2006.
Most of the population in Banksmeadow work as Professional.
Most of the population in Banksmeadow work as Professional.
Most of the population in Banksmeadow reached a qualification level of Certificate.
Most of the population in Banksmeadow reached a qualification level of Not Stated.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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