All Suburbs

Banksia

NSW 2216LGA: Bayside

Investment Score

76

/100

AI Intelligence Summary

Banksia, NSW 2216 is a well-positioned residential suburb in Sydney's St George region, located 13km south of the CBD within Bayside Council. This multicultural community benefits from excellent connectivity to both Sydney Airport (10-15 minutes) and the CBD via bus services to Rockdale station. The suburb features a diverse housing mix including older fibro homes, brick houses, and newer developments, making it attractive to first home buyers, investors, and airport workers. With close proximity to Brighton-Le-Sands beach and Botany Bay foreshore, residents enjoy coastal lifestyle benefits alongside urban convenience. The area offers good amenities including Banksia Public School, local parks, and nearby shopping at Rockdale Plaza. While aircraft noise from Sydney Airport presents some challenges, the suburb's strategic location, transport links, and affordability continue to drive steady demand in the property market.

Strengths

  • Strategic location 13km from Sydney CBD
  • Close proximity to Sydney Airport (10-15 minutes)
  • Access to Brighton-Le-Sands beach and Botany Bay
  • Strong transport connectivity via bus to Rockdale station

Opportunities

  • Future transport infrastructure improvements in St George area
  • Continued airport employment growth driving rental demand
  • Potential for medium-density development
  • Growing appeal to young professionals

Considerations

  • Aircraft noise from Sydney Airport
  • Limited direct rail connectivity
  • Some industrial proximity impacts
  • Traffic congestion during peak periods

Property Market

Median House

$1.18M

+6.2% 1yr

Median Unit

$685K

+5.8% 1yr

Median Townhouse

$920K

Rent (House)

$950/wk

Rent (Unit)

$670/wk

Days on Market

32

Vacancy Rate

2.1%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+6.2%+18.5%+35.2%
Unit+5.8%+16.2%+32.1%

Rental Yields

House Yield

4.2%

Unit Yield

5.1%

Townhouse Yield

4.5%

Investment Scorecard

Overall Investment Score76/100
Growth Potential74/100
Cashflow Score78/100
Risk Score (lower = safer)72/100
Affordability Index65/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Banksia at median house price

Standard transfer
$47,630
First Home Buyer
$47,630
Foreign buyer surcharge
$94,400

+8% surcharge

Annual rent income
$49,400

$950/wk

Interest (80% LVR @ 6.5%)
-$61,360
Other expenses (~2.5%)
-$29,500
Net rental position
-$41,460

Negatively geared

Tax benefit (39% MTR)
+$16,169

Reduces taxable income

After-tax holding cost
$25,291/yr

~$486/week

Based on 7.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.66M
Capital gain
$424,577
After discount
$212,288
CGT payable
$82,792

10-Year Hold

Est. value
$2.33M
Capital gain
$1.10M
After discount
$548,200
CGT payable
$213,798

Investor Quick Summary

Entry cost (stamp duty)

$47,630

After-tax yield

2.56%

Weekly holding cost

$486/wk

10yr CGT (est.)

$213,798

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

4,800

Median Age

35

Median Income

$78K

per annum

Family Households

58.0%

Professionals

42.0%

University Educated

38.0%

Unemployment

4.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 65%Units: 28%Townhouses: 7%Total: 1,850

Lifestyle & Community

Walkability68/100
Public Transport7/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

12

Parks

4

Hospitals

1

Distance to CBD

13.0 km

Nearest Station: Rockdale Station

Relaxed suburban lifestyle with beach access, local parks, convenient shopping, and good transport links to employment centers.

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Data sourced from multiple sources. Last updated 27 March 2026.

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