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Sales Activity
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Population
Banksia Grove lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
The population of Banksia Grove, estimated as of November 2025, is around 13,379. This figure reflects an increase of 2,028 people since the 2021 Census, which reported a population of 11,351. The change was inferred from AreaSearch's estimation of the resident population at 13,265 following examination of the latest ERP data release by the ABS in June 2024, along with an additional 187 validated new addresses since the Census date. This results in a population density ratio of 2,834 persons per square kilometer, placing Banksia Grove in the upper quartile relative to national locations assessed by AreaSearch. The suburb's growth rate of 17.9% since the 2021 census exceeded both the national average (8.9%) and the SA4 region, marking it as a growth leader. Natural growth contributed approximately 39.0% of overall population gains during recent periods, with other drivers such as overseas migration and interstate migration also being positive factors.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 using 2022 as the base year. For areas not covered by this data, AreaSearch utilises growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections, released in 2023 based on 2022 data. Future population dynamics anticipate an above median growth for national areas, with Banksia Grove expected to expand by 2,438 persons to 2041, reflecting a total increase of 14.8% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Banksia Grove among the top 25% of areas assessed nationwide
AreaSearch analysis indicates Banksia Grove had approximately 98 dwelling approvals per year. Between FY-21 and FY-25, around 494 homes were approved, with another 32 in FY-26 to date. This results in an estimated 3.1 new residents per year for every home built over the past five financial years.
The average construction cost of new dwellings is $420,000. Commercial development approvals totalled $14.0 million this financial year. Compared to Greater Perth, Banksia Grove has about three-quarters the rate of new dwelling approvals per person and ranks in the 57th percentile nationally.
Recent building activity consists solely of detached houses, maintaining the area's suburban character focused on family homes. With around 271 people per approval, Banksia Grove reflects a transitioning market. Population forecasts suggest an increase of 1,973 residents by 2041. Current development patterns indicate new housing supply should meet demand, offering favourable conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Banksia Grove has moderate levels of nearby infrastructure activity, ranking in the 47thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified nine projects likely affecting the region. Key initiatives include Banksia Grove West Primary School, Banksia Grove District Centre, Carramar South/Tapping North Local Structure Plan, and Banksia Grove Village Redevelopment. Relevant projects are detailed below.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Neerabup Industrial Area Development Project
The Neerabup Industrial Area is a 1,000 hectare general and service industrial estate in Perth's fast growing north west corridor, planned and delivered by the City of Wanneroo and DevelopmentWA as the city's largest industrial employment hub. The project involves long term bulk earthworks and extraction of around 6 to 7 million cubic metres of sand and limestone to lower ground levels in line with Structure Plan 17, creating serviced industrial lots and new internal roads in stages. Within the estate, the 51 hectare Australian Automation and Robotics Precinct (AARP) has been developed as Australia's largest robotics and automation test and development site, with test beds operational from 2023 and a 1,200sqm headquarters building opened in November 2024 following a WA Government investment of about $28 million. Additional subdivision and infrastructure works on City owned land such as Lot 9100 are progressing through a major land transaction business plan to deliver around 41 industrial lots. At full build out the wider industrial area is expected to support up to 30,000 local jobs and make a significant contribution to Western Australia's economy.
Banksia Grove District Centre
The Banksia Grove District Centre is the emerging commercial and civic heart of the award-winning Banksia Grove master-planned community in Perth's northern corridor. It features a growing mix of retail, dining, entertainment, medical, community facilities and medium-density residential development, anchored by a future town square and surrounded by parklands.
Banksia Grove Village Redevelopment
$22 million, three-stage expansion and redevelopment of the Coles-anchored Banksia Grove Village neighbourhood shopping centre by ISPT and Coles Property Development Group. Approved by State planning officials in April 2025. Features a new pedestrian promenade and plaza, six retail and cafe tenancies with alfresco dining, a tavern (up to 750 patrons) with kids play area, drive-through liquor store, three fast food outlets, a swim school, and approximately 81 additional car bays with new northern access from Ghost Gum Boulevard.
Banksia Grove Shopping Centre
Neighbourhood shopping centre anchored by Woolworths with a detached liquor tenancy and specialty shops, including an enclosed lobby/mall, town square and playground, on-grade parking and loading facilities. Delivered for Fabcot (Woolworths Group) and completed in 2017.
Carramar Village
A Woolworths-anchored Neighbourhood Centre shopping centre completed circa 2009, featuring a supermarket, BWS, and around 15-17 specialty stores including dining, beauty, and health services. The centre has secured Development Approval for a two-storey Childcare and Gym Development on the site's undeveloped land.
Wanneroo Road and Joondalup Drive Interchange
Grade separation intersection with Joondalup Drive built over Wanneroo Road featuring two lanes in each direction. Includes three local intersection upgrades: new roundabout at Joondalup Drive and Cheriton Drive, signalised intersection at Wanneroo Road and Clarkson Avenue, and modifications to Burns Beach Road and Joondalup Drive Roundabout. Enhanced path network connectivity and improved traffic flow for Perth's northern suburbs.
Amberton Beach
Large coastal master-planned community in Eglinton, north of Carramar, which will feature over 2,500 homes, parks, a primary school, and a future beachside village centre. The project includes a multi-million-dollar foreshore precinct with Lighthouse Park and the Amberton Beach Bar and Kitchen. Land construction is underway on stages 33, 37A, 43 and 44, and the Heath Park Pavilion is now complete. Development approval has been granted for the Eglinton Village Shopping Centre (anticipated to commence construction in 2026), which will include a Woolworths.
Carramar South/Tapping North Local Structure Plan
Local structure plan guiding residential and mixed-use development across the Carramar South and Tapping North areas, including provision for local facilities and green spaces.
Employment
The labour market in Banksia Grove demonstrates typical performance when compared to similar areas across Australia
Banksia Grove has a skilled workforce with strong representation from manufacturing and industrial sectors. The unemployment rate was 4.1% in the past year, with an estimated employment growth of 4.3%.
As of June 2025, 7,702 residents are employed, while the unemployment rate is 0.3% higher than Greater Perth's rate of 3.9%. Workforce participation is high at 75.9%, compared to Greater Perth's 65.2%. Employment is concentrated in health care & social assistance, retail trade, and construction. Retail trade shows particular strength with an employment share 1.3 times the regional level.
Professional & technical services have a limited presence, with 5.3% employment compared to the regional 8.2%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Between June 2024 and June 2025, employment levels increased by 4.3%, while labour force grew by 4.1%, leading to a unemployment rate decrease of 0.2 percentage points. In comparison, Greater Perth recorded employment growth of 3.7% and labour force growth of 3.8%, with unemployment rising by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these projections to Banksia Grove's employment mix suggests local employment should increase by 6.3% over five years and 13.2% over ten years.
Frequently Asked Questions - Employment
Income
Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch
Banksia Grove has a median taxpayer income of $57,042 and an average income of $67,773, according to the latest postcode level ATO data aggregated by AreaSearch for the financial year 2022. This is higher than the national average, which contrasts with Greater Perth's median income of $58,380 and average income of $78,020. Based on Wage Price Index growth of 14.2% since financial year 2022, current estimates would be approximately $65,142 (median) and $77,397 (average) as of September 2025. Census data shows that incomes in Banksia Grove cluster around the 66th percentile nationally. The earnings profile indicates that 43.8% of the population (5,860 individuals) fall within the $1,500 - $2,999 income range, which aligns with regional levels where this cohort also represents 32.0%. High housing costs consume 18.9% of income, but strong earnings still place disposable income at the 58th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Banksia Grove is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
Banksia Grove's dwelling structures, as per the latest Census, consisted of 95.9% houses and 4.1% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In contrast, Perth metropolitan area had 92.2% houses and 7.8% other dwellings. Home ownership in Banksia Grove was at 7.9%, with mortgaged dwellings at 68.8% and rented ones at 23.3%. The median monthly mortgage repayment in the area was $1,800, lower than Perth metro's average of $1,898. Median weekly rent in Banksia Grove was recorded at $360, compared to Perth metro's $350. Nationally, Banksia Grove's mortgage repayments were below Australia's average of $1,863, and rents were less than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Banksia Grove features high concentrations of family households, with a higher-than-average median household size
Family households constitute 80.3% of all households, including 44.1% couples with children, 18.2% couples without children, and 16.9% single parent families. Non-family households account for the remaining 19.7%, with lone person households at 17.0% and group households comprising 2.6%. The median household size is 3.0 people, larger than the Greater Perth average of 2.8.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in Banksia Grove aligns closely with national averages, showing typical qualification patterns and performance metrics
The area has lower university qualification rates at 20.0% compared to the Australian average of 30.4%. This presents both challenges and opportunities for targeted educational initiatives. Bachelor degrees are most common at 14.9%, followed by postgraduate qualifications (3.1%) and graduate diplomas (2.0%). Vocational credentials are prominent, with 41.8% of residents aged 15+ holding them - advanced diplomas (11.5%) and certificates (30.3%).
Educational participation is high at 34.5%, including 13.8% in primary education, 8.5% in secondary education, and 4.7% in tertiary education. Banksia Grove's 5 schools have a combined enrollment of 2,807 students, serving typical Australian school conditions (ICSEA: 983) with balanced educational opportunities. Education provision is balanced with 4 primary and 1 secondary school serving distinct age groups. School capacity exceeds residential needs at 21.0 places per 100 residents compared to the regional average of 15.2, indicating the area serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments please refer to parent campus.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in Banksia Grove shows that there are currently 40 operational transport stops. These stops serve a variety of bus routes, with services provided by two individual routes in total. The combined weekly passenger trips facilitated by these routes amount to 916.
The accessibility of transport in the area is considered good, with residents on average being located approximately 206 meters from their nearest transport stop. The service frequency across all routes averages at around 130 trips per day, which equates to roughly 22 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Banksia Grove's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Health outcomes data shows notable results across Banksia Grove.
Younger cohorts particularly have a low prevalence of common health conditions. Approximately 54% (~7,239 people) of the total population has private health cover. Mental health issues and asthma are the most prevalent medical conditions, affecting 8.8 and 7.8% of residents respectively. About 76.4% of residents report being completely free from medical ailments, compared to 73.0% in Greater Perth. Banksia Grove has a lower proportion of seniors aged 65 and over at 5.9% (789 people), compared to the 13.6% in Greater Perth. Health outcomes among seniors require more attention than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Banksia Grove is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Banksia Grove has a significant cultural diversity, with 23.2% speaking a language other than English at home and 40.7% born overseas. Christianity is the predominant religion, comprising 40.5% of its population. Notably, the 'Other' religious category represents 1.9%, slightly higher than Greater Perth's 1.0%.
In terms of ancestry, the top three groups are English (28.9%), Australian (21.4%), and Other (12.7%). Some ethnic groups show notable differences: South African is overrepresented at 1.7% compared to 1.8% regionally, Maori at 1.9% versus 1.3%, and New Zealand at 1.3% against 1.1%.
Frequently Asked Questions - Diversity
Age
Banksia Grove hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Banksia Grove's median age is 30 years, which is younger than Greater Perth's average of 37 years and Australia's median of 38 years. Compared to Greater Perth, Banksia Grove has a higher proportion of residents aged 5-14 (16.7%) but fewer residents aged 65-74 (4.1%). Post-2021 Census data shows that the 55 to 64 age group increased from 6.6% to 8.1%, while the 15 to 24 cohort rose from 12.8% to 14.0%. Conversely, the 25 to 34 cohort decreased from 19.9% to 18.6%, and the 0 to 4 group fell from 9.9% to 8.8%. Demographic modeling suggests that Banksia Grove's age profile will significantly change by 2041, with the 45 to 54 age cohort projected to grow steadily by 31% from 1,485 to 1,946 people. Conversely, population declines are projected for the 0 to 4 and 5 to 14 cohorts.