Banksia Grove (postcode 6031) is a well-established suburb in Western Australia within the Wanneroo local government area. The area has roughly 11,351 residents and a predominantly early-career demographic, with a median age of 30. Households earn a median income of $102K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $720. The median monthly mortgage repayment is $1,800.
Banksia Grove is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 985, which is around the national average of 1,000. Public transport access includes 40 bus stops.
On the investment side, Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.