Banksia Park
With 99.7% of homes detached, Banksia Park has one of the clearest family-house profiles in Adelaide's north-east. Its population is 3,346, the median age is 41, and 88.6% of residents stayed at the same address over the reference period, pointing to an established and relatively stable community. Household income sits at the 64th percentile nationally, while the recorded crime rate is 27.5 per 1,000 people. Compared with the broader activity around Modbury and Tea Tree Gully, Banksia Park feels more residential because its housing stock, car dependence and long-term tenure all reinforce a quiet suburban pattern.
Population
3,346
Median Age
41.0
Household IncomeiMedian weekly household income (ABS Census)
$1,799/wk
DAs (12 months)iDevelopment Applications lodged in the past year
53
Median House
$845K
First quarter 2026
Banksia Park suits buyers seeking a conventional family house, but the price point requires careful budgeting. Mortgage repayments are estimated at $1,550 monthly, while mortgage costs equal 19.9% of household income, slightly higher than the 19.5% rent-to-income figure. Housing is dominated by 3-bedroom homes at 63.7%, followed by 4-bedroom-plus properties at 32.6%. With 50.5% of homes mortgaged and household income at the 64th percentile nationally, the suburb is a mortgage-belt market where established owners help support prices.
For Buyers
Banksia Park suits buyers seeking a conventional family house, but the price point requires careful budgeting. Mortgage repayments are estimated at $1,550 monthly, while mortgage costs equal 19.9% of household income, slightly higher than the 19.5% rent-to-income figure. Housing is dominated by 3-bedroom homes at 63.7%, followed by 4-bedroom-plus properties at 32.6%. With 50.5% of homes mortgaged and household income at the 64th percentile nationally, the suburb is a mortgage-belt market where established owners help support prices.
For Investors
Banksia Park is a lower-turnover rental market, with only 10.5% of households renting compared with 38.7% owning outright and 50.5% paying a mortgage. The weekly median rent is $350 and vacancy is 4.5%, so tenant demand may be steadier than in a more heavily rented suburb, although the smaller rental pool can limit comparable evidence. Rental growth of 14.6% supports recent income momentum, while 50 development applications in 12 months indicate ongoing property investment and renewal. Overseas migration is the primary forecast driver, which may broaden demand, but the aging trajectory and 0.24% annual growth rate point to a slower market than high-growth corridors.
Development Activity
Total DAs
295
Last 12 Months
53
YoY ChangeiYear-over-year change in DA lodgements
+23.3%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Banksia Park
Open-register school locations for education access. This is not a school-quality ranking.
Banksia Park School R-6
Banksia Park International High School
Demographics
Banksia Park has an established, Anglo-leaning demographic profile, with a median age of 41, one year older than the national comparison, and an average household size of 2.6, or 0.1 above the national figure. The overseas-born share is 18.4%, 3.2 percentage points below the national comparison, while university attainment is 28.6%, 1.5 points lower nationally. English, Scottish, Irish and German ancestry counts are 1,679, 333, 283 and 272 respectively. No religion accounts for 1,719 residents and Christianity for 1,416. A high 88.6% stayed at the same address, helping explain the suburb's settled character compared with faster-turnover areas around Modbury.
Age Distribution
Bedrooms
Dwelling Structure
99.7%
Houses
0.3%
Townhouse
0.0%
Apartment
Tenure
Housing in Banksia Park is overwhelmingly detached, with separate houses accounting for 99.7% of dwellings and semi-detached homes just 0.3%. Three-bedroom homes make up 63.7% of stock, while 4-bedroom-plus homes represent 32.6%, giving families more choice than smaller dwelling formats. Mortgage ownership at 50.5% is higher than outright ownership at 38.7%, but mortgage stress remains limited at 19.9% of income. Affordability improved from 39.0% in 2011 to 36.3% in 2021, although Banksia Park remains a higher-priced, house-focused option than many smaller-dwelling markets.
Mortgage / mo
$1,550
Rent / wkiABS Census 2021 median across all dwelling types. Current market rents are typically higher.
$350
Census 2021
HH Size
2.6
Personal Income / wk
$794
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.5%
Unoccupied
58
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
19.9%
Community Profile
Ancestry
Household Composition
45.0%
Couples with children
40.1%
Couples, no children
14.0%
Single parent
1,007
Total families
Economy & Employment
Banksia Park's employment base is led by healthcare at 19.9% of local industry employment, followed by education at 15.0%, construction at 12.6%, public administration at 10.1% and professional and technical services at 7.2%. The main occupations are professionals with 350 workers, trades with 315, clerical and administrative roles with 233, community and personal service roles with 206, and managers with 185. Unemployment is 3.9% and labour-force participation is 64.0%, supporting household income at the 64th percentile nationally. Socioeconomic results are mixed but generally favourable: the IER is in decile 9, higher than the IEO decile 6, while IRSD and IRSAD sit in deciles 8 and 7. This suggests strong economic resources alongside a more varied occupational and education profile.
Unemployment
3.9%
Labour Force
1,731
Unemployed
67
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
57.7%
Part-time
36.9%
Participation
64.0%
Employed
1,664
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
28.6%
Postgraduate
5.4%
Born Overseas
18.4%
Dwellings
1,248
Transport to Work
Banksia Park provides a practical, car-oriented lifestyle. Driving accounts for 78.4% of journeys, compared with 5.3% using public transport, 0.8% walking or cycling and 11.1% working from home, so daily convenience is more dependent on private vehicles than active travel. Two government schools serve the local mix: one primary R-6 campus and one secondary international high school. Families should check enrolment zones against the exact address. The recorded crime rate is 27.5 per 1,000 people across 92 incidents, consistent with the suburb's low-crime profile. An IRSAD decile of 7 is above the middle of the national decile scale, and volunteering is 20.0%, adding to local social capacity.
Drive
78.4%
Public Transport
5.3%
Walk / Cycle
0.8%
Work from Home
11.1%
Population Forecast
+0.24%/yr
(+12 people/yr)
EstablishedBanksia Park is forecast to grow slowly, with an annual trend of 0.24% and population change across the wider area of 0.8% over 10 years. Overseas migration is the primary growth driver, but the suburb's trajectory is labelled Aging, with the senior share up 3.5 percentage points and the young share down 4.2 points. That demographic shift should support demand for established homes while limiting rapid household expansion. Gentrification is not currently evident: the score is 0 and the stage is Not gentrifying. Compared with high-growth development fronts, Banksia Park is more likely to experience gradual renewal, supported by 50 development applications and 14.6% rent growth rather than major population acceleration.
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
Safety & Crime
Total Offences
92
Year ending June 2024
Rate per 1,000 People
27.5
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Banksia Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Banksia Park a good suburb to live in?
Banksia Park suits households wanting detached housing, established streets and a quieter setting. The median age is 41, 99.7% of homes are separate houses and 88.6% of residents stayed at the same address, although 78.4% commute by car.
What schools are in Banksia Park?
Banksia Park has 2 government schools: Banksia Park School R-6 for primary students and Banksia Park International High School for secondary education. Enrolment zones can vary by address, so families should confirm eligibility before purchasing or renting.
Is Banksia Park safe?
Banksia Park recorded 92 crimes, equal to 27.5 incidents per 1,000 residents. That supports a relatively low-crime profile, but conditions can vary between streets and over time, so buyers and renters should still review recent local incidents.
Is Banksia Park good for property investment?
Banksia Park may suit investors seeking established houses, with a $350 weekly median rent, 4.5% vacancy rate and 14.6% rent growth. However, only 10.5% of households rent, so the rental market is smaller than in more tenant-oriented suburbs.
How is Banksia Park's population changing?
The suburb has 3,346 residents today, while the wider-area forecast indicates 0.24% annual growth and 0.8% change over 10 years. The trajectory is Aging, with the senior share up 3.5 points and the young share down 4.2 points.
What development is happening in Banksia Park?
There were 50 development applications in the past 12 months, including alterations, carports and a single-storey detached dwelling. This points to incremental home renewal rather than a major apartment-led transformation, consistent with 99.7% separate-house stock.
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), SA Department for Housing and Urban Development (house prices), 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 Park on the Map
View parcels, zoning overlays, DA applications, schools and more.
Open Interactive Map