54 Bowen Street, Banana QLD 4702
This property is Off Market
- The Average property price in this area is $351,118, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 112.77 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Banana
With an average age of 40, households expect an average monthly mortgage payment of $1,250 or a weekly rent payment of $250. The average family earns a weekly income of $2,194 with a typical household size of 2.6 and a 95.6% employment rate.
In Banana there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Banana due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Banana provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Banana necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Banana the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Population
(Country of Birth not stated 12%)
Are people healthy?
There are a recorded 1133 asthma sufferers and 490 people living with diabetes. In addition, 432 people have a heart/vascular condition and 573 people live with three or more chronic diseases.A good place to invest in property?
Banana a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
35 / 100
32 / 100
Industry
00 / 100
32 / 100
Population
35 / 100
40 / 100
House Prices
42 / 100
63 / 100
Jobs
27 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMoura SHS Banana SS
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Moura State High School
Moura, QLD, 4718 State 7-12 -
Banana State School
Banana, QLD, 4702 State Prep-6
Property Story
54 Bowen Street, Banana, Qld, 4702 is a residential property . The estimated distance to the sea is 112.77km and at least 2.44KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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