Banksia Park is a well-regarded north-eastern Adelaide suburb adjacent to Tea Tree Gully and Modbury, popular with families for its proximity to schools, Tea Tree Plaza and the O-Bahn busway making CBD commutes under 30 minutes. At the current $640k median house price, an 80% loan at 6.25% over 30 years is about $3,152 per month.
| Median house price | $640,000 |
|---|---|
| Median unit price | $410,000 |
| Estimated monthly repayment | $3,152 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4.1% |
| Typical days on market | 19 |
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