Banksia Park

Suburb (SAL)

Greater Adelaide / Tea Tree Gully

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL40070 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Banksia Park

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DemographicsPopulation Growth in Banksia Park

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Banksia Park has an estimated 3,397 residents, up from 3,346 at the 2021 Census — a change of 51 people, or 1.5%. That puts 1,707 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to the analysis of demographic updates from the ABS for the broader region, combined with address records confirmed by AreaSearch post-Census, the suburb of Banksia Park has an estimated population of 3,397 as of May 2026. This represents an addition of 51 people (1.5%) relative to the 2021 Census, which registered 3,346 people. The figure is derived from the resident population of 3,394 estimated by AreaSearch using the ABS June 2025 release of ERP data and 8 validated new addresses recorded since the Census. Such population numbers translate to a density of 1,707 persons per square kilometer, exceeding the average across locations evaluated nationally by AreaSearch.

The 1.5% post-census growth rate in the suburb of Banksia Park is within 2.6 percentage points of the wider SA3 region (4.1%), showing competitive growth indicators. Population expansion was mostly driven by natural increase, which accounted for approximately 67.0% of the total demographic gains during recent times. AreaSearch utilizes the 2024 demographic projections from the ABS and Geoscience Australia for individual SA2 regions, which use 2022 as their baseline year. For SA2 territories lacking this data, or for any periods after 2032, regional and LGA age-category projections released by the SA State Government in 2023 (based on 2021 numbers) are applied using weighted aggregation from LGA to SA2 levels. Looking at long-term demographic patterns, projections point to above-median population growth among the statistical regions examined by AreaSearch, with the suburb of Banksia Park anticipated to add 432 residents by 2041 under consolidated SA2-level forecasts, representing a total rise of 12.6% over the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Banksia Park?
Total population for the suburb of Banksia Park was estimated to be approximately 3,397 as at May 26. This is based upon an estimated resident population of 3,394 from the ABS up to June 2025.
How has the population in the suburb of Banksia Park changed since 2021?
The suburb of banksia park has added approximately 51 people and shown a 1.52% increase from the 3,346 people recorded at the 2021 Census period.
What is the population density in the suburb of Banksia Park?
The population density in the suburb of Banksia Park is estimated at 1,707 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Banksia Park?
Over the past 10 years, the population in the suburb of Banksia Park has shown a compound annual growth rate of 0.3% per annum.
What are the main drivers of population growth in the suburb of Banksia Park?
Population growth in the suburb of Banksia Park is driven by: Natural increase (67.0%), Overseas migration (33.0%), Interstate migration (0.0%). The primary driver is Natural increase, contributing 67.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Banksia Park

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56 new dwellings have been approved in Banksia Park over the past five years, an average of 11 a year. That is 3.3 approvals per 1,000 residents. Approvals are currently running at an annualised 4, well below that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

AreaSearch evaluations of building approvals from the ABS, mapped from statistical area data, show that Banksia Park averages approximately 11 residential building approvals each year. The total number of approved dwellings reached 56 over the 5 financial years spanning FY-21 to FY-25, with 4 approvals logged so far during FY-26. Because only 0.6 new residents were added per constructed home annually over those 5 financial years from FY-21 to FY-25, housing supply is keeping pace with or exceeding demand, widening options for buyers and supporting population growth potential above current forecasts.

Newly approved dwellings carry an average construction cost of $354,000, which is moderately higher than regional averages and points to a focus on premium builds. Commercial approvals stand at $661,000 for the current financial year, suggesting very low commercial construction activity. Compared with Greater Adelaide, building activity per capita in Banksia Park is roughly three-quarters of the regional level, placing it in the 30th percentile of locations analyzed across the country, which restricts options for prospective buyers while increasing demand for pre-existing houses. This rate of development is also lower than the national standard, reflecting a mature market that may face geographic or zoning limits. Furthermore, all recent construction has consisted of detached houses, preserving the suburban character of the area with a focus on spacious homes for families. The ratio of residents to each building approval is roughly 565 people, which indicates a highly established housing market. Demographic projections indicate that Banksia Park's population will expand by 429 residents by 2041, based on the latest quarterly calculations from AreaSearch. New construction is progressing at a reasonable rate relative to this forecast growth, although buyers might experience higher levels of competition as the population increases.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Banksia Park recently?
Dwelling approval activity in the the suburb of Banksia Park area has seen 12 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Banksia Park's current population of 3,397 has been supported by 11 approvals on average over recent years.
How does the suburb of Banksia Park's development activity compare to the broader region?
The suburb of Banksia Park has seen 0.33 approvals per 100 people in recent years, compared to 0.74 approvals in the broader region. This means that one dwelling has been approved for every 565 people in the suburb of Banksia Park, compared to one for every 144 in the broader region.
Is the suburb of Banksia Park keeping up with housing demand?
With the population expected to increase by 429 people by 2041, around 215 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This indicates potential housing shortages if current approval trends continue.
What has been the trend in development approvals over the past five years in the suburb of Banksia Park?
Looking at development activity over the past five years, the suburb of Banksia Park's approval levels have been significantly below the yearly average of 11, showing a notable downturn in recent development.
How many dwellings will be needed to accommodate future population growth in the suburb of Banksia Park?
The population in the suburb of Banksia Park is expected to grow by 429 people by 2041, necessitating approximately 215 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Banksia Park?
Over the past five years, the population in the suburb of Banksia Park has grown by approximately 68 people, while 56 residential approvals were recorded. This equates to a ratio of 1.2 people added for each new dwelling approval. This suggests a balanced relationship between population growth and housing supply.
Are there opportunities for residential developers in the suburb of Banksia Park?
With dwelling approval activity running at an average of 11 approvals per year and a population of 3,397, there appears to be a supply shortfall relative to projected demand, presenting strong opportunities for residential developers. With the population expected to increase by 429 people by 2041, around 215 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Banksia Park

Development applications around Banksia Park

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Banksia Park

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AreaSearch tracks 27 current infrastructure and development projects close to Banksia Park, worth an estimated $1.7 billion. 6 are already under construction and 5 are due for completion within three years. The pipeline spans transport & logistics, residential development and sports & recreation. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local infrastructure projects, major works, and urban planning changes are key drivers of regional performance. In total, AreaSearch has identified no projects that are expected to impact the immediate area. Major regional initiatives include the Tea Tree Gully Sustainable Sewers Program, the Gawler Line Electrification & Level Crossing Removals, the Northern Adelaide Transport Study, and the Northern Adelaide Irrigation Scheme, with details provided below for those most relevant.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Banksia Park?
Key infrastructure and planning changes likely to influence the suburb of Banksia Park include: Tea Tree Gully Sustainable Sewers Program (Construction); Gawler Line Electrification & Level Crossing Removals (Completed); Northern Adelaide Transport Study (Planning); Northern Adelaide Irrigation Scheme (Completed); and O-Bahn City Access Project (Completed). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Banksia Park?
Infrastructure development impacting the suburb of Banksia Park spans multiple sectors including Transport & Logistics, Environmental & Disaster Management, and Agriculture & Rural Development, among others.
What is the scale of infrastructure investment impacting the suburb of Banksia Park?
Infrastructure investment analysis indicates substantial capital deployment exceeding $1.2 billion in projects that will impact the extended area.
How does the suburb of Banksia Park's infrastructure development compare to other areas?
Infrastructure development activity impacting the suburb of Banksia Park currently ranks below national averages at the 21stth percentile.
Tea Tree Gully Sustainable Sewers Program
Category: Environmental & Disaster Management
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

SA Water program to transfer approximately 4,700 properties in the City of Tea Tree Gully from a council run Community Wastewater Management System with on site septic tanks to a modern sewer network. Delivery is being rolled out in zones between 2022 and 2028 to improve service reliability and public health outcomes.

Environmental & Disaster Management

Sunnybrook Estate
Category: Residential Development
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   

Sunnybrook Estate is a boutique residential land subdivision in the established Sunnybrook precinct of Wynn Vale. Earlier stages are complete and the final premium allotments are under construction, delivering around 48 new detached homes close to local shops, schools and parklands.

Residential Development

Golden Grove Master Planned Stage 2
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Second stage development seeking to rezone land south of One Tree Hill Road from Rural Living Zone to Master Planned Neighbourhood Zone and Employment Zone. The proposal aims to create approximately 450 additional allotments to complement the Stage 1 development, offering generously sized plots where residents can choose their own builders.

Communities, Precincts & Urban Renewal

Illyarrie Reserve Enhancement
Category: Sports & Recreation
Stage: Planning | Est. Comp: 0
Source / Links: Link 1   Link 2  

Enhancements to Illyarrie Reserve, a major park in Surrey Downs. A draft master plan has been developed which includes a proposed new indoor training facility for the Golden Grove Central Districts Baseball Club (GGCDBC) and other improvements to the open space.

Sports & Recreation

Golden Grove Neighbourhood Code Amendment
Category: Communities, Precincts & Urban Renewal
Stage: Under Assessment | Est. Comp: 2026
Source / Links: Link 1   

A planning policy review and code amendment initiated by the City of Tea Tree Gully to update development standards and zoning overlays for established residential areas across Golden Grove. The proposal reviews allotment sizes, setback requirements, and residential infill policies to protect neighbourhood character while accommodating measured growth.

Communities, Precincts & Urban Renewal

Tilley Recreation Park Indoor Training Facility & Clubrooms
Category: Sports & Recreation
Stage: Completed | Est. Comp: 2024

Redevelopment and construction of a modern multi-use flexible clubroom and sporting facility at Tilley Recreation Park for the Tea Tree Gully City Soccer Club. The project includes four unisex changerooms, umpire and medical rooms, clubrooms, an undercover viewing area, enhanced public amenities, viewing mounds, additional green space, and integrated public art elements. Delivered by City of Tea Tree Gully in partnership with Sarah Constructions.

Sports & Recreation

Wynn Vale Grove Shopping Centre Redevelopment
Category: Retail
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Proposed expansion and refurbishment of the Wynn Vale Grove Shopping Centre including upgraded retail tenancies, expansion of the existing medical centre, improved pedestrian access, landscaping and a reconfigured car park. As of mid-2026 the proposal remains in the planning phase with no confirmed construction commencement publicly announced.

Retail

Telstra Mobile Phone Tower Hope Valley
Category: Telecommunications
Stage: Completed | Est. Comp: 2023
Source / Links: Link 1   Link 2  

Construction and operation of a 30 m Telstra mobile phone monopole and equipment shelter on a leased portion of the Hope Valley Sports Area to improve 4G and 5G mobile coverage and capacity for Hope Valley and nearby suburbs, under a long term lease from the City of Tea Tree Gully with options for extension.

Telecommunications

Jobs & IndustryEmployment Trends in Banksia Park

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1,778 residents of Banksia Park are employed, from a labour force of 1,817. Unemployment sits at 2.1%, with participation at 65.8%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.4% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 2,546, about 75% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Data consolidated by AreaSearch across statistical divisions shows a high proportion of skilled workers in Banksia Park, strong employment in key public service fields, an unemployment rate of only 2.1%, and stable job numbers over the past year. In March 2026, there were 1,778 employed residents, the local unemployment rate was 1.7% lower than the 3.8% recorded across Greater Adelaide, and the labor participation rate closely tracked the regional benchmark of 66.6%. Census figures show a low portion of residents working from home at 10.7%, though this statistic should be interpreted in light of past pandemic-related restrictions.

Local jobs are concentrated heavily in health care & social assistance, construction, and education & training. The construction sector stands out particularly, employing residents at 1.6 times the average rate seen across the region. Conversely, health care & social assistance accounts for only 15.8% of the local workforce, which is lower than the Greater Adelaide figure of 17.7%. Comparing the number of working residents to the local job count suggests that this residential area offers relatively few employment opportunities within its own borders. Employment data from SALM and ABS, aggregated from larger statistical regions, shows that over the 12 months leading to March 2026, job numbers stayed flat at 0.0%, while the labour force grew by 0.4%, leading to an increase in unemployment of 0.4 percentage points. By comparison, Greater Adelaide saw employment rise by 4.2% and the labour force expand by 4.0%, which contributed to a 0.2 percentage point decrease in unemployment. Jobs and Skills Australia’s national employment projections released in May-25 provide additional context for understanding future job demand in Banksia Park. These forecasts span five and ten year horizons and have been overlaid with local employment data to project potential growth trajectories. The national outlook indicates a 6.6% expansion in employment over five years and a 13.7% increase over ten years, though these figures vary considerably across different industry sectors. When these sector-specific growth rates are applied to Banksia Park’s current employment composition, the area is projected to see a 6.4% rise in jobs over five years and a 13.4% increase over ten years, though this is a basic weighted extrapolation intended only for illustration and does not incorporate localized population forecasts.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Banksia Park?
As of March 2026, the suburb of Banksia Park has approximately 1,778 employed residents with an unemployment rate of 2.1%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the suburb of Banksia Park's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Banksia Park stands at 2.1%, which is 1.7 percentage points below Greater Adelaide's rate of 3.8%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Banksia Park?
The employment landscape in the suburb of Banksia Park is dominated by several key sectors. The largest employers are health care & social assistance (15.8% of employment), construction (13.6%), and education & training (11.6%). Other significant employers include retail trade and public administration & safety.
How has employment changed recently in the suburb of Banksia Park?
Over the past year to March 2026, the suburb of Banksia Park has experienced stable employment levels while the labour force increased. As a result, the unemployment rate has rise. By comparison, Greater Adelaide saw employment increased and its unemployment rate dropped.
What is the workforce participation rate in the suburb of Banksia Park?
The workforce participation rate in the suburb of Banksia Park is 65.8%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate trailing the Greater Adelaide average of 66.6%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the suburb of Banksia Park's employment market?
The suburb of banksia park shows notable specialization in construction, which employs 13.6% of the local workforce compared to 8.7% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 1 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Banksia Park?
Based on Jobs and Skills Australia projections applied to the suburb of Banksia Park's industry mix, employment is expected to grow by 6.4% over the next five years and 13.4% over ten years. This compares to national growth expectations of 6.6% over five years. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Banksia Park compare nationally?
The suburb of banksia park's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region experienced 0.7% growth, ranking 11.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Banksia Park?
Skilled workers will find good opportunities in the suburb of Banksia Park, with skilled sectors accounting for 36.1% of employment. Key sectors for skilled workers include health care & social assistance (15.8%), education & training (11.6%), and professional & technical (5.9%). With projected employment growth of 6.4% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Banksia Park

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Median household income in Banksia Park is $1,799 a week (about $94,000 a year), with median personal income at $794 a week. ATO records put median taxable income at $51,172 a year against an average of $57,161. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

According to the latest postcode-level ATO statistics released for financial year 2023, the median income for taxpayers in the suburb of Banksia Park is $51,172, with an average income of $57,161. These figures are below the national averages, and compare to a median of $54,808 and an average of $66,852 in Greater Adelaide. Adjusting for a Wage Price Index increase of 10.17% since financial year 2023, current estimates for March 2026 would be roughly $56,376 for the median and $62,974 for the average. The 2021 Census shows that individual, family, and household incomes in Banksia Park sit near the 50th percentile nationally.

The local earning distribution is led by the $1,500 - 2,999 range, which accounts for 37.9% of residents (1,287 people), matching regional patterns where 31.8% of the population falls into the same bracket. After paying for housing, residents keep 87.9% of their income, indicating solid purchasing capacity, while the area ranks in the 5th decile of the SEIFA index for income.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Banksia Park?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Banksia Park is approximately $56,376. The official ATO data from FY-23 recorded a median of $51,172.
What is the average taxable income in the suburb of Banksia Park?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Banksia Park is approximately $62,974. The official ATO data from FY-23 recorded an average of $57,161.
How does the median taxable income in the suburb of Banksia Park compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Banksia Park is approximately $56,376 compared to $60,382 in Greater Adelaide. The official ATO data from FY-23 shows $51,172 and $54,808 respectively.
How does the average taxable income in the suburb of Banksia Park compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Banksia Park is approximately $62,974 compared to $73,651 in Greater Adelaide. The official ATO data from FY-23 shows $57,161 and $66,852 respectively.
What are the main income cohorts in the suburb of Banksia Park according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~37.9% / 1,287 persons) of the suburb of Banksia Park's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Banksia Park compare to the region?
The largest income cohort in the suburb of Banksia Park is the $1,500 - 2,999 group, representing about 37.9% of the population. In comparison, Greater Adelaide's largest income cohort is the $1,500 - 2,999 group, representing 31.8% of its population, according to the 2021 Census.
What is the median household income in the suburb of Banksia Park according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Banksia Park is $1,799/wk.
What is the median family income in the suburb of Banksia Park according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Banksia Park is $2,094/wk.
What is the median personal income in the suburb of Banksia Park according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Banksia Park is $794/wk.
How does the suburb of Banksia Park's income rank nationally?
The suburb of Banksia Park's income level is lower than average on a national basis according to the latest ATO data aggregated by AreaSearch for FY-23. The suburb of Banksia Park's median income among taxpayers is $51,172 and the average income stands at $57,161, which compares to figures for Greater Adelaide's of $54,808 and $66,852 respectively. Based on Wage Price Index growth of 10.17% since FY-23, current estimates would be approximately $56,376 (median) and $62,974 (average) as of March 2026.
What is the disposable income in the suburb of Banksia Park?
The estimated disposable income in the suburb of Banksia Park is $6,855 per year according to AreaSearch analysis.
How does the suburb of Banksia Park's disposable income compare to the region?
The suburb of banksia park's disposable income is $6,855 compared to $5,698 for Greater Adelaide, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Banksia Park

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Banksia Park had 1,242 occupied dwellings at the 2021 Census, 100% detached houses and 0% apartments. 51% are owned with a mortgage, 10% rented and 39% owned outright. At that Census the median rent was $350 a week and the median mortgage repayment $1,550 a month. Rent absorbs 19.5% of household income here and mortgage repayments 19.9%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

According to the latest Census data, the housing mix in Banksia Park is made up of 99.7% detached houses and 0.3% alternative housing types, such as apartments, semi-detached properties, and other configurations, compared to 75.2% houses and 24.9% other dwellings across metropolitan Adelaide. Home ownership is significantly higher than the metro average at 39.2%, while the remaining homes are either being purchased under a mortgage (50.7%) or rented (10.2%). The median mortgage payment in the area was lower than the Adelaide metropolitan average at $1,550 monthly, and the median weekly rent was $350, compared to regional averages of $1,562 and $320.

Nationally, local mortgage costs are notably below the Australian average of $1,863, and rents are also lower than the national figure of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Banksia Park?
In the suburb of Banksia Park, 39.2% of homes are owned outright, 50.7% are owned with a mortgage, and 10.2% are rented.
What percentage of dwellings in the suburb of Banksia Park are houses?
According to the latest data, 99.7% of dwellings in the suburb of Banksia Park are houses.
What percentage of dwellings in the suburb of Banksia Park are apartments or units?
In the suburb of Banksia Park, 0.0% of dwellings are apartments or units, with an additional 0.3% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Banksia Park?
Outright home ownership in the suburb of Banksia Park stands at 39.2%, compared to 32.1% in Greater Adelaide.
What is the median monthly mortgage repayment in the suburb of Banksia Park?
The median monthly mortgage repayment in the suburb of Banksia Park is $1,550, compared to $1,562 in Greater Adelaide.
What is the median weekly rent in the suburb of Banksia Park?
The median weekly rent in the suburb of Banksia Park is $350, compared to $320 in Greater Adelaide.
What is the distribution of rental prices in the suburb of Banksia Park?
In the suburb of Banksia Park, 4.9% of rentals are $0-149/week, 46.7% are $150-349/week, 48.4% are $350-649/week, 0.0% are $650-949/week, and 0.0% are $950+/week.
What is the average monthly housing cost in the suburb of Banksia Park?
The aggregate monthly housing cost in the suburb of Banksia Park is $940, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Banksia Park?
In the suburb of Banksia Park, households with mortgages typically spend 19.9% of their income on mortgage repayments, while renters spend 19.5% of their income on rent.
How crowded are homes in the suburb of Banksia Park?
The average persons per bedroom ratio in the suburb of Banksia Park is 0.8, indicating the level of household density.
How does housing affordability in the suburb of Banksia Park compare to the region?
Housing affordability in the suburb of Banksia Park shows mortgage holders spending 19.9% of income on repayments (vs 23.3% regionally), while renters spend 19.5% of income on rent (vs 20.7% regionally).
What types of dwellings are most common in the suburb of Banksia Park?
The dwelling mix in the suburb of Banksia Park consists of 99.7% detached houses, 0.3% semi-detached dwellings, 0.0% apartments, and 0.0% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Banksia Park?
Considering the housing occupancy patterns, the weighted average monthly housing cost is approximately $940. This accounts for outright owners paying no housing costs, mortgage holders paying $1,550/month, and renters paying $1,516/month.
How affordable is housing in the suburb of Banksia Park relative to local incomes?
Housing in Banksia Park consumes approximately 12.1% of median household income ($7,790 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Banksia Park?
Recent development applications in Banksia Park show attached dwellings contributing 0% of approvals compared to 0% of existing stock, while detached houses represent 100% of applications versus 100% of current dwellings. This suggests development patterns consistent with existing housing mix. Density increases remain below national trends.

HouseholdsHousehold Composition in Banksia Park

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Banksia Park counted 1,242 households at the 2021 Census, averaging 2.6 people each. 37% are couples with children, against 31% couples without children. 19% of households are people living alone, and families average 1.7 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family units account for 80.2% of all households, consisting of couples with children at 36.5%, couples without children at 31.4%, and single-parent households at 11.3%. Non-family living arrangements represent the remaining 19.8%, with single-person households at 19.2% and shared group households at 1.0%. The median household size is 2.6 residents, which is slightly larger than the Greater Adelaide average of 2.5.

Frequently Asked Questions - Households

How many households are in the suburb of Banksia Park?
As of the 2021 Census, the suburb of Banksia Park had 1,242 households. Based on population growth patterns, this has grown by approximately 1.5% to an estimated 1,261 households today.
What is the typical household size?
The median household size in the suburb of Banksia Park is 2.6 people. This compares to 2.5 in Greater Adelaide and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 80.2% of all households. The remaining households consist of lone person households (19.2%), group households (1.0%), and other household types (0.0%).
How are families structured in the area?
Among the 996 family households, 36.5% are couples with children, 31.4% are couples without children at home, and 11.3% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Banksia Park compare to regional household patterns?
Compared to Greater Adelaide, the suburb of Banksia Park shows distinct household patterns. Family households are notably over-represented at 80.2% (versus 68.6% regionally). Conversely, lone person households are under-represented at 19.2% compared to the regional 27.7%. This family-oriented profile influences local demand for family homes, schools, and children's services.
What is the average family size?
Families in the suburb of Banksia Park have an average of 1.7 children, slightly above the Greater Adelaide average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Banksia Park?
Marriage patterns reveal 53.7% of the adult population are currently married, while 31.4% have never married. This compares to 45.7% married and 36.4% never married across Greater Adelaide.
How significant are single-person households?
Single-person households represent 19.2% of all households in the suburb of Banksia Park, notably lower than the regional average of 27.7%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 1.0% of households, well below the Greater Adelaide average of 3.7%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Banksia Park

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21.6% of adults in Banksia Park hold a university qualification, including 15.3% with a bachelor degree and 3.6% with postgraduate qualifications. A further 28.9% hold a vocational qualification. 2 schools serve the area, with 1,265 enrolment places and an average ICSEA of 1,021 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

The proportion of residents with tertiary qualifications in Banksia Park is lower than regional averages, with 21.6% of those aged 15 and older holding a university degree, compared to 30.4% across Australia, pointing to opportunities for educational growth and training. Among degree holders, bachelor qualifications are the most common at 15.3%, followed by postgraduate degrees at 3.6% and graduate diplomas at 2.7%. Vocational and technical skills are highly prevalent, with 40.1% of residents aged 15 and older holding vocational qualifications, split between advanced diplomas at 11.2% and certificates at 28.9%.

Enrolment rates in education are high, with 26.4% of residents currently undertaking formal study. Of this group, primary school pupils account for 10.9%, secondary school students comprise 7.0%, and those in higher education make up 3.8%.

Frequently Asked Questions - Education

What percentage of people in the suburb of Banksia Park have university qualifications?
21.6% of people aged 15 and over in the suburb of Banksia Park have university qualifications, compared to 28.9% in the broader region.
What percentage of people in the suburb of Banksia Park have no formal qualifications?
38.4% of people aged 15 and over in the suburb of Banksia Park have no formal qualifications, compared to 39.0% regionally.
How does the suburb of Banksia Park's education level compare to national averages?
The suburb of banksia park ranks in the 50th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Banksia Park?
The most common qualifications in the suburb of Banksia Park are: Certificate (28.9%), Bachelor Degree (15.3%), Advanced Diploma (11.2%).
What proportion of the suburb of Banksia Park's population is currently attending educational institutions?
26.4% of the population in the suburb of Banksia Park is currently engaged in formal education, with 10.9% in primary school, 7.0% in secondary school, 3.8% at university.
What is the ICSEA score for schools in the suburb of Banksia Park?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Banksia Park is 1021, indicating average socio-educational advantage (national average is 1000).
How many schools are located within the suburb of Banksia Park?
There are 2 schools within the suburb of Banksia Park, with a combined enrollment of approximately 1,265 students.
What types of schools are available in the suburb of Banksia Park?
The suburb of banksia park includes 1 primary school, 1 secondary school.

Schools Detail

AmenitiesServices & Amenities in Banksia Park

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Getting AroundTransport & Commuting in Banksia Park

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Public transport in Banksia Park reaches 15 stops on 5 routes, timetabled for about 590 services a week. The typical home sits about 270 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.7 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Public transit data shows 15 active stops within Banksia Park, consisting of bus services. These stops are served by 5 distinct routes, which accommodate 588 passenger journeys weekly. Transit access is good, with residents living an average of 274 meters from the nearest stop. Because the area is primarily residential, the vast majority of workers travel outside the suburb, with cars being the primary mode of travel for 89% of commuters, and buses representing 9%. Average car ownership is 1.7 vehicles per household, which is above the regional average. A low proportion of residents work from home, standing at 10.7% according to the 2021 Census, which may have been influenced by COVID-19 rules.

Transit service frequency averages 84 daily runs across all routes, which translates to roughly 39 weekly trips per bus stop.

Frequently Asked Questions - Transport

How many public transport stops are in Banksia Park?
There are 15 public transport stops within the suburb of Banksia Park.
How frequent are the transport services in Banksia Park?
the suburb of Banksia Park has 588 weekly trips across 5 routes, averaging 84 trips per day.
How far are residents from public transport in Banksia Park?
On average, residential properties are 274 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Banksia Park

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66.8% of residents in Banksia Park report no long-term health condition. 5.0% need daily assistance with core activities, and 49.6% hold private health cover. The standardised death rate runs at 4.4 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health indicators show favorable conditions for residents of Banksia Park, with mortality rates and chronic illnesses matching national standards, and a low rate of common health conditions across both younger and older generations. Private health insurance coverage is relatively low, held by approximately 50% of the population (~1,685 people), compared to 52.7% across Greater Adelaide and a national average of 55.7%. The most frequent health diagnoses in the area are arthritis and mental health conditions, affecting 8.5% and 8.1% of residents, respectively, while 66.8% of the population reported no medical conditions, compared to 67.9% in Greater Adelaide.

Health statistics among working-age residents are typical. Those aged 65 and older represent 22.1% of the population (750 people), which is higher than the 19.2% share in Greater Adelaide, and health outcomes for seniors exceed average levels, aligning closely with the national average.

Frequently Asked Questions - Health

How many people in the suburb of Banksia Park have private health insurance?
Around 49.6% of people in the suburb of Banksia Park are covered by private health insurance, which compares to 52.7% in the broader region of Greater Adelaide.
What percentage of the population requires ongoing medical assistance in the suburb of Banksia Park?
In the suburb of Banksia Park, 5.0% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 6.6% of people in Greater Adelaide require similar assistance.
How prevalent is asthma in the suburb of Banksia Park?
7.9% of people in the suburb of Banksia Park are diagnosed with asthma. In comparison, 7.7% of the population across Greater Adelaide is affected by asthma.
What percentage of people have diabetes in the suburb of Banksia Park?
Diabetes affects 5.3% of the the suburb of Banksia Park population, while in the surrounding region, 4.8% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Banksia Park?
4.3% of people in the suburb of Banksia Park have heart disease. Across the region of Greater Adelaide, 3.8% of the population is affected by heart disease.
How does the suburb of Banksia Park compare to the region in terms of overall private health coverage?
In the suburb of Banksia Park, 49.6% of the population are estimated to have private health insurance. Comparatively, Greater Adelaide sees an estimated private health coverage rate of 52.7%.

Ancestry & LanguageCultural Diversity in Banksia Park

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Banksia Park is largely Australian-born, at 81.6% of residents, with 5.8% speaking a language other than English at home. The largest reported ancestries are English (35.7%) and Australian (27.9%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Banksia Park has lower levels of cultural diversity than average, with 81.6% of residents born in Australia, 93.7% holding citizenship, and 94.2% speaking only English at home. The primary religious affiliation is Christianity, representing 44.4% of the community. In terms of relative differences, Judaism represents none of the population, compared to 0.1% across Greater Adelaide. Looking at ancestral backgrounds based on parents' birthplaces, the three most common heritages in Banksia Park are English at 35.7% (well above the regional average of 27.8%), Australian at 27.9% (significantly higher than the regional average of 22.8%), and Scottish at 7.1%.

There are also notable differences in other backgrounds, with Dutch ancestry overrepresented at 2.0% of the population compared to 1.2% regionally, Hungarian at 0.4% compared to 0.3%, and German at 5.8% compared to 5.1%.

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Banksia Park?
Banksia Park was found to be below average in terms of cultural diversity, with 81.6% of its population born in Australia, 93.7% being citizens, and 94.2% speaking English only at home.
What is the most common religion in the suburb of Banksia Park?
The main religion in Banksia Park was found to be Christianity, which makes up 44.4% of people in Banksia Park. However, the most apparent overrepresentation was in Judaism, which comprises 0.0% of the population, compared to 0.1% across Greater Adelaide.
What are the top countries of origin in the suburb of Banksia Park?
In terms of ancestry (country of birth of parents), the top three represented groups in Banksia Park are English, comprising 35.7% of the population, which is substantially higher than the regional average of 27.8%, Australian, comprising 27.9% of the population, which is substantially higher than the regional average of 22.8%, and Scottish, comprising 7.1% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Dutch is notably overrepresented at 2.0% of Banksia Park (vs 1.2% regionally), Hungarian at 0.4% (vs 0.3%) and German at 5.8% (vs 5.1%).
How does the percentage of people born overseas compare to the regional average?
18.4% of the the suburb of Banksia Park population was born overseas, compared to 28.7% regionally.
What percentage of the the suburb of Banksia Park population speaks a language other than English at home?
5.8% of the population in the suburb of Banksia Park speaks a language other than English at home, compared to 22.2% in the wider region.
How many people in the suburb of Banksia Park identify as Australian Aboriginal?
0.8% of the the suburb of Banksia Park population identifies as Australian Aboriginal, compared to 1.2% in the region.
What is the citizenship status of the population in the suburb of Banksia Park?
93.7% of the the suburb of Banksia Park population holds citizenship, compared to 86.3% in the wider region.

Age StructureAge Profile of Banksia Park

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The median resident of Banksia Park is 41. 23.0% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The median age of 41 in Banksia Park is slightly higher than the Greater Adelaide average of 39 and the national median age of 38. The age distribution shows a high proportion of residents in the 75 - 84 bracket (9.6%), whereas the 25 - 34 cohort is smaller (11.5%) than the regional average. Since 2021, the proportion of residents aged 85 and older rose from 1.6% to 2.7%, and the 75 to 84 bracket increased from 8.5% to 9.6%. In contrast, the 45 to 54 cohort fell from 13.5% to 12.2%.

By 2041, demographic projections indicate shifts in the local age profile, with the 85+ cohort expected to rise by 103 people (113%) from 91 to 195, while the 65 to 74 cohort is projected to decrease by 21 residents.

Frequently Asked Questions - Age

What is the median age in the suburb of Banksia Park?
According to the latest data, the median age in the suburb of Banksia Park is 41 years.
How does the suburb of Banksia Park's median age compare to broader areas?
At 41 years, Banksia Park is 2 years older than the Greater Adelaide average (39 years) and 3 years older than the national average (38 years).
What age groups are over-represented in the suburb of Banksia Park?
The most over-represented age group in the suburb of Banksia Park compared to the Greater Adelaide region is the 75 - 84 group, making up 9.6% of the population.
What age groups are under-represented in the suburb of Banksia Park?
The most under-represented age group in the suburb of Banksia Park compared to the Greater Adelaide region is the 25 - 34 group, making up 11.5% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the suburb of Banksia Park show significant variance compared to the Greater Adelaide region. The most over-represented age group is 75-84 year-olds (9.6% vs 6.7%).
What is the percentage of children (0-14 years) in the suburb of Banksia Park?
The percentage of children aged 0-14 years in the suburb of Banksia Park is 19.4%.
What is the percentage of older people (65+ years) in the suburb of Banksia Park?
The percentage of people aged 65 and over in the suburb of Banksia Park is 22.1%.

Data & MethodBoundaries, Sources & Method for Banksia Park

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, Local governments Daily May 2026 3 months ago all 2 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 8 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (3,346 at the 2021 Census → 3,397 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL40070). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Banksia Park suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Banksia Park page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Banksia Park data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas