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Banksia Beach suburb profile

Banksia Beach is a picturesque suburb located on Bribie Island in Queensland, known for its serene coastal lifestyle and natural beauty. It offers residents a tranquil environment with stunning waterfront views, sandy beaches, and lush parklands. The suburb is popular among families, retirees, and holidaymakers seeking a peaceful retreat. Banksia Beach features a range of amenities, including a golf course, shopping facilities, and schools, making it a convenient and desirable place to live. Its proximity to the Pumicestone Passage and Moreton Bay provides ample opportunities for water-based activities, enhancing its appeal as a coastal haven.

Banksia Beach property market performance

Property growth+7.0%Past 12 months

Banksia Beach’s property market has shown robust growth over the past 12 months, with house values increasing by 14.7%. The current median house price stands at $1.25 million. Unit values have also seen a notable rise of 15.9%, although the market for units is minimal with only one unit sold in the past year.

Sales activity for houses has been steady, with 37 houses sold over the last 12 months. Houses are spending a median of 44 days on the market, indicating a healthy demand. The unit market, however, remains largely inactive.

In the rental market, house rents have increased by 8.3% over the last 12 months, with the average rent reaching $780. The unit rental market remains stagnant, reflecting the limited activity in this segment.

HousesUnits
Median price
Past 3 months
$1.24MN/A
Change in value
Past 12 months
16.4%-2.5%
Sold
Past 3 months
322
Median days on market
Past 12 months
44N/A
Average rent
Past 12 months
$780N/A
Change in rent
Past 12 months
4.0%N/A

5 year median price trend for houses and units

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Banksia Beach demographics

Banksia Beach, located on the picturesque Bribie Island in Queensland, is a serene suburb known for its tranquil lifestyle and scenic surroundings. With a population of 7,180, it is a community that appeals largely to retirees and those seeking a peaceful coastal environment. The median age of 59 reflects the suburb's popularity among older residents who are drawn to its relaxed pace and natural beauty.

The suburb's housing landscape is characterized by a high rate of outright home ownership, with 58.5% of properties owned outright. This indicates a stable community with many long-term residents. Additionally, 27.3% of homes are owned with a mortgage, while only 14.2% are rented, suggesting a preference for home ownership over renting in this area.

Family structures in Banksia Beach are predominantly couple families without children, making up 66.6% of the population. This is indicative of the suburb's appeal to empty nesters and retirees. Couple families with children account for 23.7%, while one-parent families make up 9.1% of the community. The suburb's peaceful environment, combined with its proximity to the beach and recreational facilities, makes it an attractive location for those seeking a quiet yet fulfilling lifestyle.

Suburbs near Banksia Beach

Some popular suburbs near Banksia Beach include:

  • Bellara: Known for its relaxed coastal lifestyle and beautiful waterfront views, Bellara is located directly south of Banksia Beach.
  • Toorbul: A peaceful suburb with a strong sense of community and scenic coastal landscapes, Toorbul is situated to the west of Banksia Beach.
  • Sandstone Point: Famous for its stunning natural surroundings and the popular Sandstone Point Hotel, Sandstone Point lies to the southwest of Banksia Beach.
  • Bongaree: Offering a mix of residential and recreational areas with a vibrant local culture, Bongaree is located to the south of Banksia Beach.
  • Ningi: Known for its semi-rural charm and proximity to Bribie Island, Ningi is situated to the southwest of Banksia Beach.

How does Banksia Beach compare to nearby suburbs?

  • Median house prices: Banksia Beach’s median house price is 22.9% higher than Bellara’s.
  • House price growth: Over the past 12 months, house prices in Banksia Beach have grown 2.9% higher than in Bellara.
  • Unit price growth: Property prices in nearby Bellara have risen 17.3% more than in Banksia Beach over the past year.
  • Selling speed for houses: Properties in Banksia Beach are selling 10.2% faster than in Toorbul.
  • House price growth: Over the past 12 months, house prices in Banksia Beach have grown 7.4% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Banksia Beach have grown 13.4% lower than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Banksia Beach

In Banksia Beach ,66 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 38.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.88% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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