Banksia Peninsula
VIC, 3875
-
East Gippsland
Thinking about buying in Banksia Peninsula? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $588,000 with prices in this suburb ranging from $582,000 to $896,000. Banksia Peninsula is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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
Banksia Peninsula Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Banksia Peninsula driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Banksia Peninsula due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Banksia Peninsula changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Banksia Peninsula to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Banksia Peninsula 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 Banksia Peninsula
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123 CRANSWICK RD, BANKSIA PENINSULA, VIC, 3875 |  3 |
 1 |
 2 |
$699,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Banksia Peninsula there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Banksia Peninsula 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 | 1.4 | 13.6 | 26.7 | 44.4 | 92.8 | 4.2 | 23.5 |
| Feb | 1.5 | 13.7 | 26.0 | 48.5 | 94.6 | 4.2 | 19.9 |
| Mar | 1.8 | 12.1 | 24.2 | 48.6 | 94.7 | 3.9 | 15.8 |
| Apr | 1.8 | 9.3 | 21.0 | 51.2 | 95.2 | 3.5 | 12.4 |
| May | 1.2 | 6.4 | 17.8 | 53.0 | 93.6 | 3.8 | 9.1 |
| Jun | 1.7 | 4.3 | 15.0 | 58.0 | 94.4 | 3.6 | 7.7 |
| Jul | 1.3 | 4.3 | 15.1 | 52.9 | 92.3 | 4.0 | 8.2 |
| Aug | 1.3 | 4.6 | 15.9 | 49.1 | 92.5 | 4.3 | 10.6 |
| Sept | 1.4 | 6.0 | 18.6 | 45.8 | 93.5 | 4.5 | 15.0 |
| Oct | 2.1 | 8 | 20.5 | 48.5 | 93.9 | 4.2 | 19.2 |
| Nov | 2.3 | 10.1 | 22.6 | 47.0 | 94.0 | 4.3 | 22.4 |
| Dec | 2.1 | 12.1 | 24.9 | 44.8 | 93.6 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Bairnsdale - Greater then 10KM
Raymond Island Ferry - Less than 10 KM
Raymond Island Ferry - Less than 10 KM
General Points of Interest
Bairnsdale Golf Club - Less than 5 KM
Bioluminescence Algae - Less than 10 KM
Clarkeville Model Steam Railway - Less than 5 KM
Raymond Island Primary School (1902-1912, 1914-1934) - Less than 10 KM
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