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Banyo suburb profile

Banyo is a northern Brisbane suburb that blends older residential streets with a longstanding light industrial and commercial strip, giving it a practical, lived-in character. Tree-lined blocks feature timber weatherboard cottages, post-war brick homes and pockets of newer townhouse infill, attracting both long-term residents and newcomers who work locally or commute. The suburb centres on its station on the Shorncliffe line and a village-style shopping strip, with direct road links including Sandgate Road and the Gateway Motorway. Nearby wetlands and the Moreton Bay foreshore mean urban convenience sits alongside open coastal recreation and birdlife.

Banyo property market performance

Current median dwelling price$901,750Past 3 months

Property growth+3.9%Past 12 months

Banyo has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side the median house price is $1.33 million, a solid 9.2% rise over the last 12 months. Unit values fell marginally, down 1.4% over the same period.

Over the last 3 months, 12 houses and 2 units were sold. Over the last 12 months houses sold more quickly, with a median time on market of 13 days compared with 26 days for units.

The rental market in Banyo had average house rents of $745 a week and unit rents of $475 a week over the last 12 months. House rents were up a solid 6.4% while unit rents rose a modest 2.2%, so house rents grew faster.

HousesUnits
Median price
Past 3 months
$1.33MN/A
Change in value
Past 12 months
9.2%-1.4%
Sold
Past 3 months
122
Median days on market
Past 12 months
1326
Average rent
Past 12 months
$745$475
Change in rent
Past 12 months
6.4%2.2%

5 year median price trend for houses and units

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Banyo demographics

Banyo is a community of 6,105 people, with a median age of 37 and a typical household income of $2,121 a week, roughly $110,300 a year.

Families make up the bulk of households. Couple families with children are the largest single group at 45.3%, and together with couple families without children (36.4%) they account for 81.7% of families. One-parent families represent 15.4% and other families 2.8%.

Homes in Banyo are predominantly owner-occupied: 27.2% are owned outright and 41.2% are owned with a mortgage, giving 68.4% owner-occupied overall, while 31.5% of dwellings are rented.

Suburbs near Banyo

Some popular suburbs near Banyo include:

  • Nudgee: Coastal suburb on Moreton Bay with foreshore and mangrove reserves.
  • Northgate: Established residential area with tree-lined streets and local shops.
  • Virginia: Leafy suburb with established homes, parks and community reserves.
  • Geebung: Mixed residential suburb with convenient shopping and several green pockets.
  • Boondall: Known for extensive wetlands and coastal birdlife conservation areas.

How does Banyo compare to nearby suburbs?

  • Median house prices: Banyo’s median house price is 9.5% higher than Boondall’s.
  • Median unit prices: Banyo’s median unit price is 14.8% lower than Northgate’s.
  • House price growth: Over the past 12 months, house prices in Banyo have grown 3.5% higher than in Virginia.
  • Unit price growth: Property prices in nearby Northgate have risen 20.5% more than in Banyo over the past year.
  • Selling speed for houses: Properties in Banyo are selling 13.3% faster than in Nudgee.
  • Selling speed for units: Properties in nearby Northgate are selling 53.8% faster than in Banyo.
  • Investment considerations: In Banyo, the rental yield for house is 4.5% higher than the Brisbane average, while the rental yield for units is 27.6% lower.
  • House price growth: Over the past 12 months, house prices in Banyo have grown 1.1% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Banyo have grown 11.8% lower than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Banyo

Currently, there are 33 real estate agents working in Banyo—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 33 agents sold 60.9% of all properties in Banyo over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Banyo typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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