Banksia Beach
An older, detached-house coastal profile defines Banksia Beach, with 7,180 residents and a median age of 59, which is 19 years above the national figure. Compared with nearby Bongaree and Woorim, its clearest local distinction is the 92.9% separate-house share, supported by 58.6% of dwellings having 4 or more bedrooms. A low 0.24% annual growth trend fits an established setting, while 74.1% of residents stayed at the same address over the reference period. The older population helps explain the high 58.2% outright ownership rate, 66.4% share of couples without children and 15.3% volunteering rate.
Population
7,180
Median Age
59.0
Household IncomeiMedian weekly household income (ABS Census)
$1,283/wk
DAs (12 months)iDevelopment Applications lodged in the past year
32
Banksia Beach suits buyers seeking larger detached homes rather than apartment-style stock. Separate houses account for 92.9% of dwellings, while apartments represent only 0.6%, and 58.6% of homes have 4 or more bedrooms compared with 37.7% with 3 bedrooms. The monthly mortgage figure is $1,950 and weekly rent is $440, but the mortgage-to-income ratio reaches 35.1%, higher than the 34.3% rent-to-income measure. Compared with a smaller-home market, the local format provides more space, although buyers should test insurance, maintenance and commuting costs because car use is high and public transport participation is only 0.8%.
For Buyers
Banksia Beach suits buyers seeking larger detached homes rather than apartment-style stock. Separate houses account for 92.9% of dwellings, while apartments represent only 0.6%, and 58.6% of homes have 4 or more bedrooms compared with 37.7% with 3 bedrooms. The monthly mortgage figure is $1,950 and weekly rent is $440, but the mortgage-to-income ratio reaches 35.1%, higher than the 34.3% rent-to-income measure. Compared with a smaller-home market, the local format provides more space, although buyers should test insurance, maintenance and commuting costs because car use is high and public transport participation is only 0.8%.
For Investors
Rental investors face a relatively small tenant base, with 14.1% of households renting compared with 58.2% owning outright and 27.1% paying a mortgage. Weekly rent is $440 and the vacancy rate is 8.4%, so leasing conditions may be less defensive than in a tightly supplied market. Rent growth of 14.6% supports recent income momentum, but the vacancy figure calls for conservative holding-cost assumptions. Thirty development applications were recorded over 12 months, including tidal works and pontoon proposals, although the available examples do not establish a dwelling pipeline. Overseas migration is the primary forecast driver, which may broaden demand gradually despite the suburb's aging trajectory.
Development Activity
Total DAs
85
Last 12 Months
32
YoY ChangeiYear-over-year change in DA lodgements
-5.9%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Banksia Beach
Open-register school locations for education access. This is not a school-quality ranking.
Banksia Beach State School
Demographics
Banksia Beach has a markedly older age profile: the median age is 59, or 19 years above the national comparison. University attainment is 23.2%, 6.9 percentage points below the national figure, while the overseas-born share is 24.3%, 2.7 points above it. Average household size is 2.3 people, 0.2 below the national comparison, consistent with 66.4% of couples being recorded without children. English ancestry is reported by 3,550 people, followed by Scottish at 909 and Irish at 877. Christianity has 4,079 adherents and no religion 2,597, while 74.1% stayed at the same address, indicating lower mobility than a high-turnover suburb.
Age Distribution
Bedrooms
Dwelling Structure
92.9%
Houses
6.1%
Townhouse
0.6%
Apartment
Tenure
Housing is strongly owner-occupied and detached. Outright ownership is 58.2%, higher than the 27.1% mortgage-held share and well above the 14.1% renting share. Separate houses account for 92.9% of dwellings, compared with 0.6% apartments and 6.1% semi-detached homes. Larger formats dominate, with 58.6% of homes containing 4 or more bedrooms and 37.7% containing 3 bedrooms, despite an average household size of 2.3 people. The mortgage-to-income measure is 35.1%, higher than the 34.3% rent-to-income figure, so repayment capacity deserves attention. Buyers should compare recent settled sales because no current median house price is available.
Mortgage / mo
$1,950
Rent / wkiMedian weekly rent for new bonds (Jun 2026 quarter), QLD RTA bond data. Census 2021 median: $440.
$690
Bond data Jun 2026 quarter · houses $690 · units $550
HH Size
2.3
Personal Income / wk
$588
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.4%
Unoccupied
273
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
34.3% stressed
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
35.1% stressed
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
23.6%
Couples with children
66.4%
Couples, no children
9.1%
Single parent
2,444
Total families
Economy & Employment
Employment is concentrated in healthcare, construction, education, professional and technical services, and retail. Healthcare accounts for 16.4% of industry employment with 265 workers, followed by construction at 13.0% and 210, education at 11.0% and 178, professional and technical work at 9.2% and 149, and retail at 6.4% and 103. The occupation mix includes 423 professionals, 369 clerical and administrative workers, 356 managers and 324 trades workers. Participation is 40.8% with unemployment at 5.0%, while 3,570 people are outside the labour force, consistent with the older age profile. Economic resources are uneven: the income and employment deciles are 9 and 6, while IRSAD is 7 and IRSD is 8, suggesting stronger financial conditions than the 29.7 household-income percentile alone implies.
Unemployment
5.0%
Labour Force
2,602
Unemployed
129
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
52.8%
Part-time
37.0%
Participation
40.8%
Employed
2,473
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
23.2%
Postgraduate
5.3%
Born Overseas
24.3%
Dwellings
2,988
Transport to Work
Daily life is car-oriented: 67.5% drive to work compared with only 0.8% using public transport, while 1.8% walk or cycle and 23.8% work from home. That pattern suits residents with private vehicles but can make access more difficult for households without one. Banksia Beach State School provides 1 local government school option, and families should check enrolment zones against the exact address because boundaries can cross suburb lines. The IRSAD decile is 7 and the IER decile is 9, indicating higher relative economic resources than the suburb's 29.7 household-income percentile suggests. Volunteering is 15.3% and 7.9% of residents need assistance, adding useful community context. No suburb-level crime rate is available, so current police information should be checked before deciding on a property.
Drive
67.5%
Public Transport
0.8%
Walk / Cycle
1.8%
Work from Home
23.8%
Population Forecast
+0.24%/yr
(+12 people/yr)
EstablishedBanksia Beach is forecast to follow an aging, slow-growth path. The annual trend is 0.24%, modest compared with the 0.8% population change recorded across the wider area over 10 years. Overseas migration is the primary growth driver, but the trajectory is labelled Aging, with the senior share up 3.5% and the young share down 4.2%. The gentrification score is 0 and the stage is Not gentrifying, so current momentum is not associated with a marked reinvention of the suburb. Affordability improved from 39.0% in 2011 to 36.3% in 2021, while rent growth reached 14.6%. Thirty development applications in 12 months indicate activity, although the examples centre on tidal works and pontoons rather than confirmed new dwellings.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+12
Net Internal / yr
-74
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Banksia Beach compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Banksia Beach a good suburb to live in?
Banksia Beach suits people who prefer a quieter, older coastal setting with detached homes. The median age is 59, 92.9% of dwellings are separate houses and 67.5% of workers drive, while only 0.8% use public transport. It is less suitable for households seeking frequent transit or a dense apartment environment.
What is the median house price in Banksia Beach?
A current median house price is not stated. The housing profile is predominantly detached, with 92.9% separate houses and 58.6% containing 4 or more bedrooms. Buyers should compare recent settled sales, property condition and land features rather than rely on a single suburb-wide figure.
What schools are in Banksia Beach?
Banksia Beach State School is the local government school identified for the suburb, giving residents 1 clearly named school option. Families should confirm the exact catchment, year-level availability and enrolment requirements before committing to an address because school zones can differ across nearby streets.
Is Banksia Beach safe?
No suburb-level crime rate is available, so safety should be assessed using current police statistics and an inspection at different times of day. Banksia Beach has 7,180 residents and a stable mobility profile, with 74.1% staying at the same address, but those figures do not replace current crime information.
Is Banksia Beach good for property investment?
Banksia Beach has a $440 weekly rent, 8.4% vacancy rate and 14.1% renting share. Rent growth of 14.6% is supportive, but the vacancy rate warrants cautious assumptions. Thirty development applications were recorded over 12 months, so investors should inspect each proposal and test insurance, maintenance and holding costs.
How is Banksia Beach's population changing?
Banksia Beach has 7,180 residents and an annual forecast trend of 0.24%. Population change across the wider area is 0.8% over 10 years. The trajectory is labelled Aging, with the senior share up 3.5% and the young share down 4.2%; overseas migration is the primary forecast driver.
What development is occurring in Banksia Beach?
Thirty development applications were recorded over the past 12 months. Recent examples include prescribed tidal works and private pontoon proposals, including one across 11 lots. These applications indicate waterfront activity, but buyers should review individual approvals to determine whether a proposal affects access, outlook, construction or future amenity.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
Explore Banksia Beach on the Map
View parcels, zoning overlays, DA applications, schools and more.
Open Interactive Map