Date Prepared: 14th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

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Overview

Banksia Beach, located on Bribie Island in Queensland, is a picturesque coastal suburb known for its tranquil environment, natural beauty, and high-quality lifestyle offerings. The suburb attracts families, retirees, and holidaymakers with its relaxed coastal charm and excellent amenities.

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Demographics

• Population: Approximately 6,500 (2021 Census, ABS).
• Median Age: 51 years, reflecting a mix of families and retirees.
• Dwelling Type: Primarily standalone houses, with a growing number of modern units.
• Ownership: High rates of owner-occupancy, reflecting a stable and long-term residential base.

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Property Market (2024)

Houses

• Median Sale Price: $1,025,000 (+11.5% annual growth).
• Median Weekly Rent: $730.
• Rental Yield: 3.8%.
• Sales Volume: 188 house sales over the past 12 months.

Long-Term Trends (2006–2024)

Banksia Beach has seen consistent growth over the last 18 years, with the median house price increasing from $415,000 in 2006 to $1,025,000 in 2024. The average annual growth rate over this period is approximately 7.7%.

Recent Notable Sales

• 41 Dugong Crescent: Sold for $1,420,000 (Nov 2024).
• 53 Emilia Close: Sold for $1,369,000 (Oct 2024).
• 210 Endeavour Drive: Sold for $1,400,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.

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Education

Banksia Beach offers access to excellent schools both within the suburb and nearby:

• Primary Schools:
  • Banksia Beach State School.
• Secondary Schools:
  • Bribie Island State High School.
• Private Schools:
  • St. Columban’s College (nearby in Caboolture).

Source: Queensland Department of Education, Landchecker.

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Amenities and Lifestyle

Shopping

• Banksia Beach Shopping Centre: Offers essential services, specialty stores, and cafes.
• Nearby Options: Bribie Island Shopping Centre and other retail hubs provide extensive shopping and dining facilities.

Parks and Recreation

• Banksia Beach Foreshore: Features playgrounds, picnic areas, and waterfront trails.
• Pumicestone Passage: A haven for boating, fishing, and wildlife spotting.
• Pacific Harbour Golf & Country Club: A premier destination for golfers and social gatherings.

Source: Google, Walkscore.

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Transport and Accessibility

• Road Network:
  • Accessible via Bribie Island Road, connecting to Caboolture and the Bruce Highway.
• Public Transport:
  • Bus services link Banksia Beach to neighboring suburbs and transport hubs.
• Walkability:
  • Moderate; parks, shops, and schools are within walking distance in central areas.

Source: TMR Queensland, Walkscore.

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Recent and Planned Developments

• Residential Growth: Expansion of high-end waterfront homes and family-friendly developments.
• Community Enhancements: Continued upgrades to parks and recreational facilities to support population growth.

Source: Pricefinder, Your Investment Property Magazine.

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Community and Employment

• Employment Sectors:
  • Key industries include healthcare, education, tourism, and retail.
• Community Activities:
  • Farmers’ markets, golf tournaments, and cultural festivals are popular among residents.

Source: ABS, Your Investment Property Magazine.

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Key Statistics at a Glance

Metric	Value
Population	~6,500 (2021 Census).
Median House Price (2024)	$1,025,000.
Median Rent (Houses)	$730/week.
Rental Yield (Houses)	3.8%.
Notable Parks	Banksia Beach Foreshore, Pumicestone Passage, Pacific Harbour Golf Club.
Transport Access	Bribie Island Road, bus services.

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Conclusion

Banksia Beach offers a perfect blend of coastal tranquility, modern amenities, and investment potential. Its strong property market, excellent schools, and recreational opportunities make it an attractive choice for families, retirees, and investors alike.