Banksia, NSW
FAIR VALUE1,478 sales · 36 years of data · NSW, Australia
Banksia, NSW Property Market Overview
Banksia, NSW 2216, is a suburb located in Sydney, offering a mix of residential options. Our analysis covers 36 years of property market data, encompassing a total of 1,478 recorded sales. The current median property price across all types is $1,755,000.
Banksia presents a blend of houses and apartments, with the current median house price sitting at $1,790,000 and the median apartment price at $773,000. Its proximity to key amenities and transport links contributes to its appeal.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Banksia
Top streets in Banksia, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Highclere Ave | $1,720,000 |
| 2 | Kimpton St | $590,000 |
| 3 | Tabrett St | $1,700,000 |
| 4 | Lynwen Cres | $1,733,000 |
... and 43 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Farr St | $6,103/m² |
| 2 | Kimpton St | $5,134/m² |
| 3 | Highclere Ave | $8,333/m² |
| 4 | Gibbes St | $4,145/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Gibbes St | +4.6% |
| 2 | Wolli Creek Rd | +6.4% |
| 3 | Tabrett St | +6.0% |
| 4 | Banksia Ave | +1.8% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Banksia analysis
47 streets and 42 buildings to explore
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Banksia at a Glance
Banksia, NSW
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Local Amenities
Living in Banksia, NSW
Living in Banksia offers a blend of suburban tranquility and convenient access to city amenities. Families are drawn to the area due to its reputable schools such as Banksia Public School and nearby St Declan's Catholic Primary School. Residents benefit from easy access to Banksia train station, providing direct links to the Sydney CBD and other key locations.
Shopping needs are catered for by local shops and nearby Rockdale Plaza. For recreation, residents can enjoy the green spaces of Gardiner Park and Cahill Park, providing opportunities for outdoor activities and relaxation. Banksia fosters a community atmosphere, with local events and a diverse population contributing to its unique character.
Who Buys in Banksia?
The buyer profile in Banksia is diverse, reflecting the suburb's range of property types and price points. With a median house price of $1,790,000, Banksia attracts established families looking for larger homes. The presence of apartments, with a median price of $773,000 and a strata percentage of 16.2%, provides options for first home buyers and downsizers. The historical CAGR of 5.0% over the past decade may also appeal to those seeking long-term capital growth.
Market Analysis
The Banksia property market, as of early 2026, is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Banksia are generally aligned with their historical performance.
Being at fair value means that current prices reflect the underlying demand and supply dynamics in the area, without significant distortion. This can provide a degree of stability for both buyers and sellers in the Banksia market.
Is Banksia a Good Investment?
Banksia's historical growth patterns suggest a stable and consistent market. The full-period CAGR of 7.2% over 36 years indicates long-term appreciation in property values. The current market position, assessed as near its long-term trend, suggests that Banksia is neither significantly overvalued nor undervalued.
The suburb's appeal lies in its established infrastructure, convenient transport links, and proximity to amenities. These factors contribute to the desirability of Banksia as a residential location. The 10-year CAGR of 5.0% and 20-year CAGR of 7.3% reflect its consistent performance over different market cycles.
Banksia Market Outlook
As of early 2026, the Banksia property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a market that is neither experiencing rapid growth nor significant decline. The suburb continues to attract interest from a range of buyers due to its location and amenities. The average settlement days of 50 indicates reasonable market liquidity.
Streets & Location in Banksia, NSW
Banksia, postcode 2216, features a variety of residential streets. Among the streets with notable median prices are TABRETT ST, LENNOX ST, and LYNWEN CRES. The suburb comprises a total of 47 streets, each contributing to the overall character of Banksia. Its location within Sydney provides access to broader city amenities and employment opportunities.
Market Dynamics
Transaction patterns in Banksia reveal an average settlement timeframe of 50 days. This provides an insight into the liquidity of the market and the typical time required to complete a property sale in the area. Data on quick-flips within Banksia is not currently available, suggesting a limited amount of short-term speculative activity.
Development & Density
Banksia features a mix of housing types, including houses and apartments. There are 42 apartment buildings within the suburb, contributing to the overall density of residential development. Houses remain a significant part of the property landscape in Banksia, offering a variety of styles and sizes to suit different needs. The strata percentage of 16.2% provides a snapshot of the apartment proportion relative to houses.
Growth & Property Mix
Historically, Banksia has demonstrated consistent growth in property values. Over the past 10 years, the suburb has seen a Compound Annual Growth Rate (CAGR) of 5.0%. Looking further back, the 20-year CAGR stands at 7.3%, while the full-period CAGR, covering the entire 36 years of data, is 7.2%. The property mix in Banksia consists of both houses and apartments, with apartments representing 16.2% of the market as indicated by strata title ownership.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.