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