Banyo
Detached houses make up 92.3% of dwellings in Banyo, an unusually high share for a suburb only 11km from Brisbane's CBD, and that scarcity of units shapes everything else. The median house price of $533,000 sits well below Brisbane's premium inner-ring markets, yet household income reaches the 80.1st percentile nationally, a combination that keeps affordability healthy. SEIFA scores land at decile 8 for advantage and decile 7 for education, above the national midpoint without reaching the top tier. University qualifications at 38.0% run 7.9 points above the national figure, and the median age of 37 is 3 years below national, pointing to a younger, settled owner profile.
Population
6,105
Median Age
37.0
Household IncomeiMedian weekly household income (ABS Census)
$2,121/wk
DAs (12 months)iDevelopment Applications lodged in the past year
31
Median House
$533K
Estimated from rent (2025)
At $533,000, Banyo's median house price is far lower than Brisbane's inner-ring suburbs, which matters because 92.3% of the stock is separate houses rather than apartments, so buyers are competing for genuine family homes rather than units. Three-bedroom dwellings dominate at 44.8% and four-plus-bedroom homes follow at 39.2%, leaving only 12.3% with two bedrooms, a profile built for families. Mortgage repayments average $2,000 a month, producing a mortgage-to-income ratio of 21.8%, comfortably below the 30% stress threshold and a direct result of incomes sitting in the 80.1st percentile. Mortgage holders at 41.2% outnumber outright owners at 27.2%, which reflects a younger buyer base still paying down loans rather than an established debt-free population.
For Buyers
At $533,000, Banyo's median house price is far lower than Brisbane's inner-ring suburbs, which matters because 92.3% of the stock is separate houses rather than apartments, so buyers are competing for genuine family homes rather than units. Three-bedroom dwellings dominate at 44.8% and four-plus-bedroom homes follow at 39.2%, leaving only 12.3% with two bedrooms, a profile built for families. Mortgage repayments average $2,000 a month, producing a mortgage-to-income ratio of 21.8%, comfortably below the 30% stress threshold and a direct result of incomes sitting in the 80.1st percentile. Mortgage holders at 41.2% outnumber outright owners at 27.2%, which reflects a younger buyer base still paying down loans rather than an established debt-free population.
For Investors
Renters make up 31.5% of households in Banyo, a moderate tenant pool, and weekly rent of $410 against the $533,000 median implies a gross yield near 4.0%, stronger than Brisbane's premium markets where prices are far higher. The vacancy rate of 4.4% is loose enough to give tenants choice, so rent escalation rather than scarcity drives returns; rent has climbed 28.6% over the period. Demand support comes mainly from overseas migration, which adds about 134 residents a year compared with just 12 from internal moves. Development is modest at 29 applications in 12 months, mostly dwelling extensions and referral-agency siting responses rather than new supply, so the investment case rests on the detached-house scarcity and steady rent growth more than on volume.
Development Activity
Total DAs
109
Last 12 Months
31
YoY ChangeiYear-over-year change in DA lodgements
+40.9%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Banyo iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Pius' Primary School
Prep-6 · 504 students
Earnshaw State College
Prep-12 · 803 students
Demographics
Banyo's median age of 37 is 3.0 years below the national figure, and the working-age share grew 1.1 points over the decade while the senior share barely moved at 0.2 points, a younger trajectory than most established suburbs. Overseas-born residents reach 23.0%, only 1.4 points above national, so the suburb leans Anglo: English ancestry leads with 2,287 residents, ahead of Irish at 838 and Scottish at 595. The top non-English languages are Nepali (46 speakers), Punjabi (38) and Hindi (32), a small South Asian presence that aligns with the 197 residents reporting Hinduism. University qualifications at 38.0% sit 7.9 points above national, and average household size of 2.6 is close to national, consistent with the 2,198 couples-with-children families that outnumber the 1,262 couples without.
Age Distribution
Bedrooms
Dwelling Structure
92.3%
Houses
2.9%
Townhouse
4.6%
Apartment
Tenure
Tenure in Banyo splits toward active borrowers: 41.2% carry a mortgage, 27.2% own outright and 31.5% rent. Mortgage holders outnumbering outright owners points to a younger buyer base still paying down loans rather than long-held wealth. The stock is overwhelmingly detached at 92.3%, with apartments just 4.6% and semi-detached homes 2.9%, which keeps house prices supported through limited unit alternatives. Three-bedroom dwellings account for 44.8% and four-plus-bedroom homes 39.2%, so 84% of housing has three or more bedrooms. The $533,000 median against household income in the 80.1st percentile produces a mortgage-to-income ratio of 21.8% and rent-to-income of 19.3%, both well below the 30% stress line, which explains why neither stress flag is triggered despite rising rents.
Mortgage / mo
$2,000
Rent / wk
$410
HH Size
2.6
Personal Income / wk
$950
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.4%
Unoccupied
103
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
25.7%
Couples, no children
4,914
Total families
Economy & Employment
Banyo's workforce concentrates in Healthcare, which leads at 17.3% (388 workers), ahead of Professional/Tech at 10.6% (237), Construction at 9.1% (205), Transport at 9.0% (201) and Education at 8.8% (198), a broader spread than the finance-heavy inner suburbs. By occupation, Professionals (826) and Clerical/Admin (493) top the list, with Managers at 401, consistent with the decile 7 IEO score for education and occupation. Unemployment is 4.9%, the full-time employment rate is 69.2% and participation reads 63.9%. Real incomes grew 26.3% over the decade. SEIFA places Banyo at decile 8 for advantage and disadvantage and decile 7 on the education and economic-resources indexes, an above-average but not top-tier profile, with the slightly lower IER reflecting the 31.5% renter base that dampens aggregate household wealth.
Unemployment
3.2%
Labour Force
7,652
Unemployed
248
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
69.2%
Part-time
25.9%
Participation
63.9%
Employed
3,004
Occupations
Top Industries
University
38.0%
Postgraduate
8.0%
Born Overseas
23.0%
Dwellings
2,230
Transport to Work
Car dependence is high in Banyo, with 79.6% driving to work, while only 10.1% use public transport and 5.1% walk or cycle, below the active-transport rates of denser inner suburbs despite the suburb sitting on the Shorncliffe rail line. SEIFA scores of decile 8 on the IRSAD advantage index and decile 8 on IRSD relative disadvantage place Banyo above the national midpoint, meaning few residents face deprivation; only 5.6% (328 people) need daily assistance. Volunteering runs at 14.4%. No schools are recorded inside the 4.74 km2 boundary in this dataset, so families rely on institutions in neighbouring suburbs, a practical trade-off offset by the low population density of 1,287 residents per km2 that keeps the area suburban and spacious rather than crowded.
Drive
79.6%
Public Transport
10.1%
Walk / Cycle
5.1%
Work from Home
N/A
Population Forecast
+1.7%/yr
(+200 people/yr)
EstablishedBanyo is classified as an established suburb growing at 1.7% a year, about 200 residents annually, with a 23.7% population rise over the decade that puts it ahead of most settled Brisbane suburbs. Medium forecasts continue the trend, lifting the wider SA2 from 11,990 in 2026 to 12,992 by 2031. Overseas migration is the primary driver, adding roughly 134 residents a year against just 12 from internal moves, so growth depends on international arrivals more than relocations within Australia. The gentrification stage reads early signs, scoring 25, with signals including a 30% population gain since 2011 and an accelerating university share rising from 11% to 17%. Affordability improved from 53.7% in 2011 to 44.4% in 2021, lower and therefore better than a decade ago.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+134
Net Internal / yr
+12
Gentrification Signal
Early signs
Population +30% since 2011, Accelerating: 11% → 17%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Banyo compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Banyo a good suburb to live in?
Banyo scores decile 8 on the SEIFA advantage index, above the national midpoint, with household income in the 80.1st percentile. The median age of 37 is 3 years below national, and 92.3% of dwellings are detached houses, suiting families. Mortgage-to-income sits at a comfortable 21.8%, below the 30% stress line.
What is the median house price in Banyo?
The median house price in Banyo is $533,000, well below Brisbane's inner-ring premium markets. Weekly rent averages $410 and monthly mortgage repayments run about $2,000, giving a mortgage-to-income ratio of 21.8%, comfortably under the 30% stress threshold for households in the 80.1st income percentile.
What schools are in Banyo?
No schools are recorded inside the 4.74 km2 Banyo boundary in this dataset, so families rely on schools in neighbouring suburbs. The local population is well educated, with university qualifications at 38.0%, which is 7.9 points above the national figure.
Is Banyo safe?
Detailed crime statistics are not available for Banyo in this dataset. As an indirect indicator, the suburb scores decile 8 on the IRSD index of relative disadvantage, above the national midpoint, and only 5.6% of its 6,105 residents need daily assistance, both consistent with a low-disadvantage area.
Is Banyo good for property investment?
Rent of $410 a week against a $533,000 median gives a gross yield near 4.0%, stronger than Brisbane's premium suburbs. The vacancy rate is 4.4% and rent has grown 28.6% over the period. Overseas migration adds about 134 residents a year, supporting tenant demand in a market that is 31.5% renters.
How is Banyo's population changing?
Banyo's population is growing about 1.7% a year, roughly 200 residents annually, with a 23.7% rise over the decade. Growth is driven mainly by overseas migration of around 134 people a year, compared with just 12 from internal moves, and the working-age share rose 1.1 points over the period.
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 Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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