Banksia NSW 2216 — House Prices, Rent & Suburb Profile
Banksia is a suburb in New South Wales (postcode 2216). The median sale price is $1.5M (+122% since 2013). The median weekly rent is $690/week, a gross rental yield of about 2.4%. It has a population of about 3,277 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $1,425,000 |
| 2022 | $1,420,000 |
| 2023 | $1,470,000 |
| 2024 | $1,590,500 |
| 2025 | $1,730,000 |
| 2026 | $1,500,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 1-bedroom | $580 |
| 2-bedroom | $700 |
| 3-bedroom | $890 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly house (81% of recorded sales, most commonly around 300-500㎡ land).
Demographics (ABS Census 2021)
- Population: 3,277
- Median age: 41
- Median weekly household income: $2,018
- Average household size: 2.8
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1023 · 71th percentile in Australia
- IEO (education & occupation): score 1018 · 70th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Transport
Nearest station: Banksia Station (train), about 0.5 km from the suburb centre.
Land value
Median land value: $1,070,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Banksia?
The median sale price in Banksia NSW 2216 is $1,500,000, up 122% since 2013. Based on NSW Valuer General sales data.
What is the average weekly rent in Banksia?
The median weekly rent in Banksia (postcode 2216) is $690 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Banksia?
The estimated gross rental yield in Banksia is about 2.4%, based on the median weekly rent relative to the median sale price.
Nearby suburbs
- Arncliffe 2205
- Brighton-Le-Sands 2216
- Kyeemagh 2216
- Rockdale 2216
- Bardwell Valley 2207
- Mascot 2020
- Bexley 2207
- Bardwell Park 2207
Explore house prices & rent in suburbs near Banksia. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.