Banksia Park Real Estate, SA, 5091 Tea Tree Gully

Thinking about buying in Banksia Park? Now could not be a better time, with a whopping 1484 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $423,000 with prices in this suburb ranging from $189,000 to $751,000.

Distance to the coast is 14 Km.

Banksia Park Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Banksia Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Banksia Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Banksia Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.


For Sale

Century21 7 WAITARA RD, BANKSIA PARK, SA, 5091 4 1 8 Price Guide $495k Best Offers by 1pm 17th May USP
Century21 31 WAITARA RD, BANKSIA PARK, SA, 5091 3 2 5 Price Guide $589k Best Offers by 1pm 17th May USP
First National 45A MARSHA DR, BANKSIA PARK, SA, 5091 4 2 4 $699,000-$759,000
LJ Hooker 15 BUTLER CR, BANKSIA PARK, SA, 5091 4 2 Auction (Price Guide: $610,000)


Local Schools

Banksia Park School R-7

Banksia Park International High School

(While the above schools are located with the suburb of Banksia Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold

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