Banana
QLD, 4702
Thinking about buying in Banana? Now could not be a better time, with just 476 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $436,000 with prices in this suburb ranging from $47,000 to $3,168,000. The aproximate distance to the coast is 91 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Banana Real Estate Market Outlook
In Banana there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Banana due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Banana provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Banana necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Banana the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Properties for sale Banana
|
54 BOWEN ST, BANANA, QLD, 4702 |  2 |
 1 |
 2 |
Offers Over $215,000 |
Local Schools
Banana State School
(While the above schools are located with the suburb of Banana there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Banana weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.8 | 19.7 | 34.0 | 37.2 | 89.0 | 3.1 | 24.3 |
| Feb | 3.1 | 19.7 | 33.4 | 38.8 | 89.1 | 3.1 | 23.3 |
| Mar | 2.0 | 18.4 | 31.8 | 41.5 | 92.4 | 2.7 | 20.3 |
| Apr | 0.8 | 14.1 | 29.0 | 38.8 | 93.2 | 2.4 | 18.6 |
| May | 0.6 | 9.3 | 26.0 | 36.0 | 92.3 | 2.3 | 15.6 |
| Jun | 0.7 | 7.5 | 23.7 | 37.9 | 92.3 | 2.4 | 13.7 |
| Jul | 0.2 | 6.7 | 24.1 | 34.5 | 90.8 | 2.3 | 15.2 |
| Aug | 0.8 | 6.4 | 25.1 | 28.8 | 87.8 | 2.4 | 17.3 |
| Sept | 0.7 | 9.4 | 28.4 | 27.2 | 89.9 | 2.7 | 21 |
| Oct | 1.2 | 12.8 | 30.5 | 29.1 | 90.3 | 3.0 | 25 |
| Nov | 0.4 | 16.1 | 33.7 | 27.6 | 88.7 | 3.0 | 26.7 |
| Dec | 3.4 | 18.6 | 33.3 | 36.1 | 88.0 | 3.1 | 27.2 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Banana the Bull - Less than 5 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!