Banksia Park
Suburb profile, market snapshot and recent listings for Banksia Park, SA 5091.
About Banksia Park
Welcome to Banksia Park
Banksia Park sits in Adelaide's north-eastern foothills corridor, roughly 18 kilometres from the CBD, where the suburban grid gives way to the Adelaide Hills escarpment. It's a quiet, established residential area known for its tree-lined streets, larger blocks and easy access to the hills without sacrificing proximity to the city.
The suburb tends to suit families and long-term owner-occupiers rather than investors chasing turnover — the median age of 41 points to a settled population who value space, established gardens and a slower pace, while still being close enough to Adelaide's northern suburbs hub for work and shopping.
Lifestyle & character
Banksia Park has a distinctly leafy, hillside feel, with many homes taking advantage of elevated blocks and views back towards the city or out to the ranges. It's not a suburb built around a bustling main street; instead, life here revolves around home, garden and the surrounding reserves, with the busier retail and dining precincts of Golden Grove and Modbury just a short drive away.
The surrounding suburbs of Fairview Park, Surrey Downs, Ridgehaven, St Agnes and Dooen Downs share a similar low-key, residential character, and locals tend to move fluidly between these areas for schooling, sport and shopping.
Schools & families
Families are well catered for locally, with Banksia Park School R-6 serving primary-aged children within the suburb and Banksia Park International High School offering secondary schooling with a notable international student program, adding a bit of cultural diversity to the local school community. Both schools are within easy walking or short driving distance for most residents, a genuine drawcard for young families weighing up the north-eastern suburbs.
Parks & recreation
The suburb's proximity to the Adelaide Hills foothills means bushland reserves and walking trails are never far away, and the terrain naturally lends itself to larger backyards and outdoor living. Nearby Chain of Ponds and the broader Anstey Hill Recreation Park area (bordering suburbs like Ridgehaven and Fairview Park) give residents easy access to hiking and nature without leaving the local area.
Getting around
Banksia Park is car-reliant by design, with no train line running directly through the suburb, but it connects well to the wider network via bus routes linking through to Modbury and the Tea Tree Plaza interchange, one of the north-east's key transport and shopping hubs. From there, buses and the O-Bahn busway provide a fast run into the Adelaide CBD, making the daily commute manageable despite the suburb's hillside setting.
Main arterial roads connect Banksia Park to neighbouring Surrey Downs and St Agnes, and onward to the Northeast Road corridor, which remains the most practical route for most residents heading into the city or across to other parts of Adelaide's north.
The property market
Banksia Park's property market has been on a strong run, with the median house price now sitting at $851,000 after growth of 15.0% recently — a sizeable jump that reflects buyer demand for the suburb's larger blocks and foothills lifestyle. Median weekly rent of $620 suggests solid returns for anyone considering an investment here, though the current listing mix — around 75% houses and 25% land — shows there's still some appetite for those wanting to build rather than buy established.
With a population of just 3,346, Banksia Park remains a relatively tight-knit, low-turnover suburb, which can mean fewer listings at any given time but also a level of stability that appeals to buyers looking to settle in for the long haul.
Market snapshot
Banksia Park property market
Median sale price
$851k
House · 3 bed
Median rent
$620
per week
Gross rental yield
3.8%
annual rent ÷ sale price
Typical price range
Entry
$673k
Median
$851k
Premium
$1.08m
Days on market
53
Auction clearance
50%
Sold this year
30
Median sold price trend · House 3 bed
Compound growth +12.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Banksia Park by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Banksia Park, SA 5091.
Population
3,346
residents (2021)
Median age
41
years
Household income
$1,799
median, per week
Median rent
$350
per week
Median mortgage
$1,550
per month
Mortgage / income
20%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Banksia Park
Government school catchment
Recent results
Recently sold in Banksia Park
$965k
7 Tarraleah Street
Sold ~July 2026
$922k
13 Hobart Crescent
Sold ~July 2026
$1.02m
17 Linton Street
Sold ~July 2026
$745k
45 Elizabeth Street
Sold ~July 2026
$470k
1/21 Oleander Drive
Sold ~June 2026
$750k
13 Tamar Crescent
Sold ~June 2026
$750k
44 Tatiara Drive
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Banksia Park
Compare the area
Price map around Banksia Park
Every listing for sale near Banksia Park, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Nearby suburbs
Quick switch to nearby areas
Common questions
Banksia Park suburb FAQ
What is the median property price in Banksia Park?
The median house price in Banksia Park, SA is $851k for a 3-bedroom home. Over the past year, median sold prices have risen about 15.0%.
How much is rent in Banksia Park?
The median weekly rent in Banksia Park is around $620 per week.
Is Banksia Park a good place to live?
Banksia Park is a north-eastern suburb located 20 kilometres (12 mi) from the city centre of Adelaide, South Australia, within the City of Tea Tree Gully. Banksia Park is an established residential suburb in SA, with a population of around 3,346 and 2 schools in the area.
What is the population of Banksia Park?
Banksia Park has a population of 3,346 (ABS 2021 Census), with a median age of 41.
What schools are in Banksia Park?
There are 2 schools in or near Banksia Park, including Banksia Park School R-6 and Banksia Park International High School.
How long do homes take to sell in Banksia Park?
Properties in Banksia Park take around 53 days to sell on average, with an auction clearance rate of about 50%.
How much do you need to buy in Banksia Park?
Entry-level properties in Banksia Park start around $673k, while premium homes reach $1.08m.
What suburbs are near Banksia Park?
Suburbs near Banksia Park include Downs, Fairview Park, Ridgehaven, Surrey Downs and St Agnes.
Available now