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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Population
Banjup lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Banjup's population was around 26,364 as of August 2025. This reflected an increase of 4,618 people since the 2021 Census, which reported a population of 21,746. The change was inferred from the estimated resident population of 25,803 from the ABS in June 2024 and an additional 863 validated new addresses since the Census date. This resulted in a population density ratio of 887 persons per square kilometer. Banjup's growth rate of 21.2% since the 2021 census exceeded both national (8.6%) and state averages, marking it as a growth leader in the region. Interstate migration contributed approximately 49.0% of overall population gains during recent periods, with all drivers including overseas migration and natural growth being positive factors.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilized growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections, released in 2023 based on 2022 data. Based on the latest population numbers, a significant increase is forecast for Banjup's top quartile of national areas, with an expected growth of 7,215 persons to 2041, representing a total increase of 25.2% over the 17-year period.
Frequently Asked Questions - Population
Development
The level of residential development activity in Banjup was found to be higher than 90% of real estate markets across the country
Banjup recorded approximately 274 residential properties granted approval per year. Development approval data by the ABS is on a financial year basis, totalling 1372 approvals across the past five financial years from FY21 to FY25, with 35 so far in FY26. On average, 3.9 people moved to the area for each dwelling built over these five years, indicating significant demand outpacing supply. This typically exerts upward pressure on prices and intensifies competition among buyers.
The average construction value of new homes was $467,000. In FY26, commercial approvals amounted to $25.0 million, reflecting moderate levels of commercial development. Compared to Greater Perth, Banjup's construction activity is 29.0% above the regional average per person over the past five years, balancing buyer choice while supporting current property values. This high level of construction reflects strong developer confidence in the area.
All recent development has been detached dwellings, preserving Banjup's low-density nature and attracting space-seeking buyers with an average of 99 people per dwelling approval. Population forecasts indicate Banjup will gain 6654 residents by 2041. Based on current development patterns, new housing supply should meet demand, offering favourable conditions for buyers and potentially facilitating population growth beyond projections.
Frequently Asked Questions - Development
Infrastructure
Banjup has limited levels of nearby infrastructure activity, ranking in the 16thth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 63 projects likely impacting the region. Notable initiatives include Forrestdale Business Park West, Atwell Community Centre Kitchen Upgrade, Tulloch Way Social Housing Development, and Anstey Grove Estate Forrestdale.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Cockburn Central Station Upgrade
Upgrade of Cockburn Central Station delivered under METRONET's Thornlie-Cockburn Link. Works included a new terminating platform (Platform 3) for the Thornlie-Cockburn Line, platform extension and canopy, expanded passenger facilities, bike storage and improved interchange to the Mandurah Line. The Thornlie-Cockburn Line opened on 9 June 2025, with trains terminating at Cockburn Central.
Hammond Park Shopping Centre
Neighbourhood shopping centre in Hammond Park anchored by a full-line Woolworths, with around 15 specialty tenancies and two standalone quick-service restaurant sites, approximately 6,000 m2 GLA with 370 on-site parking bays. Construction commenced May 2025 and practical completion is targeted for Q3 2026. Hoskins Contracting is the lead construction partner.
Hammond Park Shopping Centre
A new neighbourhood shopping centre development anchored by a full-line Woolworths supermarket, with diverse food and beverage tenancies, 15 specialty retail spaces, and two standalone quick-service restaurant sites. It will deliver 6,000m2 of retail space and 370 on-site parking bays, designed to be a community hub for the fast-growing suburb.
Forrestdale Business Park West
178-hectare master-planned industrial estate featuring light industrial, serviced commercial and general industrial zoned land. Expected to unlock $816 million in private investment, create 4,478 full-time jobs and generate $1.6 billion annual economic activity when fully operational.
Jandakot Hall, Anning Park and Old Jandakot Primary School Master Plan
Master plan for consolidating sporting and community facilities at Jandakot Hall, Anning Park, and the heritage-protected Old Jandakot Primary School to improve utilisation, add gender-diverse changerooms, storage, and potentially a district-level tennis facility amid high-density growth. The project is listed as one of 26 major infrastructure proposals in the City of Cockburn's adopted Community Infrastructure Plan 2024-2041, which will guide long-term investment. Funding will be sought from internal resources, external grants, and partnerships, with project delivery times to be included in the City's Corporate Business Plan.
Armadale Road to North Lake Road Bridge
The Armadale Road to North Lake Road Bridge was built over the Kwinana Freeway to connect Armadale Road and North Lake Road, easing congestion, improving access for visitors and residents in Cockburn Central, and complementing other road improvements in the area. The project included upgrading Armadale Road from Tapper Road to Kwinana Freeway, constructing new north-facing on and off ramps, reconfiguring local roads with two new roundabouts, adding collector-distributor roads on both sides of the freeway from Berrigan Drive to Armadale Road, and modifying the North Lake Road and Midgegooroo Avenue intersection. It also delivered a 1,100-bay car park at Cockburn Central Station and a shared path for cyclists and pedestrians.
City of Armadale Solar Energy Program
Solar panel installation program across multiple City buildings including Administration Centre, Armadale Arena, Champion Centre, Orchard House, Armadale Fitness and Aquatic Centre (500kW), and others. Part of the City's Corporate Greenhouse Action Plan commitment to renewable energy and reducing carbon footprint.
Stockland Bull Creek Shopping Centre Upgrade
Major upgrade and expansion of Bull Creek Shopping Centre (sold by Stockland to Silverleaf Investments in 2022 for $78 million). Includes new retail spaces, dining options, improved accessibility and modernized facilities.
Employment
AreaSearch analysis of employment trends sees Banjup performing better than 90% of local markets assessed across Australia
Banjup has an educated workforce with significant representation in essential services sectors. Its unemployment rate is 1.9%, lower than Greater Perth's 3.9%.
Employment growth over the past year was estimated at 5.4%. As of June 2025, there are 16,259 employed residents, with an unemployment rate of 2.0% and workforce participation of 75.8%, both higher than Greater Perth's figures of 3.9% and 65.2% respectively. Key industries of employment among Banjup's residents include health care & social assistance, education & training, and construction. Manufacturing shows notable concentration with employment levels at 1.2 times the regional average.
Conversely, accommodation & food services have lower representation at 5.8%, compared to the regional average of 6.8%. The area offers limited local employment opportunities as indicated by Census data on working population versus resident population. Between June 2024 and June 2025, employment levels increased by 5.4% while labour force grew by 5.8%, causing unemployment to rise by 0.4 percentage points. Greater Perth recorded employment growth of 3.7% during this period, with unemployment rising by 0.1 percentage points. Statewide in WA as of Sep-25, employment contracted by 0.82%, losing 14,590 jobs, with an unemployment rate of 4.3%. Nationally, the unemployment rate was 4.5% with employment growth of 0.26%. Jobs and Skills Australia's national employment forecasts from May 2025 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Banjup's employment mix suggests local growth of approximately 6.4% over five years and 13.4% over ten years, assuming constant population projections for illustrative purposes.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
Banjup's median income among taxpayers was $62,856 in financial year 2022. The average income stood at $75,025 during the same period. These figures were higher compared to Greater Perth's median of $58,380 and average of $78,020. Based on Wage Price Index growth of 11.61% since financial year 2022, estimated incomes as of March 2025 would be approximately $70,154 (median) and $83,735 (average). According to the 2021 Census, household, family, and personal incomes in Banjup ranked between the 82nd and 90th percentiles nationally. Income distribution showed that 35.7% of residents (9,411 people) fell within the $1,500 - $2,999 bracket, slightly higher than the regional level of 32.0%. A significant portion, 38.1%, earned over $3,000 per week, indicating considerable affluence and supporting premium retail and service offerings. Housing accounted for 14.7% of income, while strong earnings placed residents within the 90th percentile for disposable income. The area's SEIFA income ranking placed it in the 8th decile.
Frequently Asked Questions - Income
Housing
Banjup is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region
The dwelling structure in Banjup, as per the latest Census, consisted of 89.3% houses and 10.7% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Perth metro had 81.2% houses and 18.8% other dwellings. Home ownership in Banjup was at 20.0%, with the rest being mortgaged (58.9%) or rented (21.0%). The median monthly mortgage repayment in Banjup was $2,000, above Perth metro's average of $1,950. The median weekly rent figure for Banjup was $420, compared to Perth metro's $370. Nationally, Banjup's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Banjup features high concentrations of family households, with a higher-than-average median household size
Family households account for 84.0% of all households, including 49.1% couples with children, 24.0% couples without children, and 9.9% single parent families. Non-family households constitute the remaining 16.0%, with lone person households at 13.6% and group households comprising 2.4%. The median household size is 3.0 people, larger than the Greater Perth average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Banjup exceeds national averages, with above-average qualification levels and academic performance metrics
Banjup's residents aged 15+ have a higher university qualification rate at 32.3%, surpassing the SA3 area average of 27.4%. Bachelor degrees are most common at 22.5%, followed by postgraduate qualifications (6.9%) and graduate diplomas (2.9%). Vocational credentials are prevalent, with 35.0% of residents holding such qualifications - advanced diplomas at 11.7% and certificates at 23.3%.
Educational participation is high, with 32.5% currently enrolled in formal education: 11.9% in primary, 9.1% in secondary, and 5.6% in tertiary education. Banjup's 5 schools have a combined enrollment of 3,430 students. The area has above-average socio-educational conditions (ICSEA: 1054). Educational provision is balanced with 4 primary and 1 secondary school serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Banjup has 69 active public transport stops, all of which are bus stops. These stops are served by six different routes that together facilitate 1,626 weekly passenger trips. The accessibility of these services is deemed good, with residents on average located 332 meters from the nearest stop.
Daily service frequency averages 232 trips across all routes, translating to approximately 23 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Banjup's residents boast exceedingly positive health performance metrics with both young and old age cohorts seeing low prevalence of common health conditions
Banjup's health outcomes show excellent results across all age groups.
Both younger and older residents have low prevalence of common health conditions. The private health cover rate is high at approximately 57%, covering about 15,053 people in total. Mental health issues and asthma are the most prevalent medical conditions, affecting 7.1% and 6.5% of residents respectively. About 77.0% of Banjup residents report having no medical ailments, compared to 72.9% in Greater Perth. As of June 30, 2021, 10.5% of Banjup's population is aged 65 and over (2,757 people), which is lower than the 14.8% in Greater Perth. However, health outcomes among seniors require more attention than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Banjup was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Banjup, surveyed in 2016, had higher linguistic diversity than most local markets, with 24.3% of residents speaking a language other than English at home. Overseas-born population was 37.0%. Christianity dominated religiously with 43.7%, but Hinduism was overrepresented at 4.0% compared to Greater Perth's 1.9%.
Ancestral-wise, the top three groups were English (26.1%), Australian (22.9%), and Other (10.7%). Notable differences existed in South African (1.4% vs regional 1.1%), Maori (1.0% vs 0.9%), and New Zealand (1.0% vs 0.9%) ethnic groups' representation.
Frequently Asked Questions - Diversity
Age
Banjup hosts a young demographic, positioning it in the bottom quartile nationwide
Banjup's median age is 34 years, which is lower than Greater Perth's average of 37 and considerably younger than Australia's median age of 38. Compared to Greater Perth, Banjup has a higher proportion of residents aged 35-44 (17.8%) but fewer residents aged 65-74 (6%). Between the 2021 Census and the latest data, the population aged 75-84 grew from 2.4% to 3.5%, while those aged 55-64 increased from 8.2% to 9.3%. Meanwhile, the proportion of residents aged 5-14 decreased from 16.0% to 14.2%. By 2041, population forecasts indicate significant demographic shifts in Banjup. The 45-54 age group is projected to grow by 34%, adding 1,234 residents to reach 4,862. Conversely, the number of residents aged 5-14 is expected to decrease by 62%.