Atlaso rates Banksia units as HOLD. Average growth outlook. Vacancy remains tight at 1.47%, but conviction is not high enough for a BUY rating. Better units options may be available in Sydney.
At $720K, Banksia ranks #213 of 257 units in Sydney. The long-term structural outlook is Below average. Prices grew 38.8% over the past year, showing strong momentum.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
BalancedNo strong buyer or seller advantage right now.
-3.5%
Asking Prices (3mo)
+4.5%
Rents (12mo)
0.8%
Vacancy
36%
Fresh Stock (<30d)
Unit Asking Prices (12 months)
$709K
Unit Weekly Rents (12 months)
$759/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 2216.
Momentum Health
Elevated risk
65% stall probability
Banksia has been running at 38.8% growth but multiple stall indicators are present. Vacancy may be loosening, yield is compressing, or the suburb has caught up to city pricing. Consider taking partial profits.
STALL RISK65%
Suburb Profile
Banksia at a Glance
SEIFA Index
7/10
Above average
Household Income
$1,792/wk
Median household
Median Age
37
Years
Mortgage Stress
29%
of income
Population Growth
+0.8%
vs state +1.4%
Ownership Mix
20.6%owned31.1%mortgage44.1%renting
Demographic Trends
Banksia Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Banksia Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Banksia as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Banksia and 46 Australian cities to generate this rating.
What is the median house price in Banksia?
The current median house price in Banksia, nsw is $720K, with annual growth of +2.6%. Properties sell in approximately 25 days.
How fast do properties sell in Banksia?
Properties in Banksia sell in 25 days on average. The market is currently rated Below average. This is in line with the broader market.
What is the growth outlook for Banksia?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Banksia's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Banksia?
The gross rental yield for houses in Banksia is 5.1%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).