Bannaby, NSW

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Livability Index
94.6
What's this?

Population: 210

House Growth Prediction (per annual): 9%, 4834th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Population Density, Low Rent, Nature, Agriculture

Basics

Bannaby is a local community with population 210, and the population growth over the past decade is -3.81%. It has an average income $42,271.67 per annum. It has 88.2% of population who only speak English at home. Other top languages include Arabic, Greek, German, Tongan. Unemployment rate in Bannaby is 3.9% while people work as professionals is 13.9%. Bannaby has 1 Coles stores and 1 Woolworth stores. Its population density is 0.02 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bannaby has Socio-Economic raw score 986.1 while the average score across Australia is 1000. Therefore, Bannaby has disadvantage in terms of Socio-Economic measure. It obtains relative score 45 out of 100 across Australia, while relative score 44 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Bannaby has a livability index 100.1, which is higher than average 100 across Australia. It ranks 3,175th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 27.1% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bannaby has a higher than average growth expectation. It ranks 7,686th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bannaby is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bannaby has a higher than average growth. It ranks NAth out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Bannaby, which obtains score of 97.3 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Bannaby, which obtains score of 84.7 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bannaby has a worse than average score, which is 46.6 out of 100. Similar to to primary school, secondary school has worse than average score, which is 48.7 out of 100.

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Bannaby, NSW smart rating was calculated by GeoIndex Australia.

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