Banora Point, NSW

Be the first to review
Livability Index
97.3
What's this?

Population: 15047

House Growth Prediction (per annual): 27%, 904th out of 5061

Unit Growth Prediction (per annual): 20%, 573th out of 2987

Keywords: Active Market, Valuable Market, Business Area, High Population, Tourism, Nature, Elderly, Trade, Healthcare

Basics

Banora Point is a local community with population 15,047, and the population growth over the past decade is 25.8%. It has an average income $40,133.67 per annum. It has 93.5% of population who only speak English at home. Other top languages include Italian, German, Japanese, Cantonese, French. Unemployment rate in Banora Point is 7.5% while people work as professionals is 13.9%. Banora Point has 0 Coles stores and 3 Woolworth stores. Its population density is 333.41 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Banora Point has Socio-Economic raw score 960.6 while the average score across Australia is 1000. Therefore, Banora Point has disadvantage in terms of Socio-Economic measure. It obtains relative score 33 out of 100 across Australia, while relative score 33 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. Banora Point has a livability index 97.5, which is lower than average 100 across Australia. It ranks 4,055th out of 8,530 suburbs across Australia. Therefore, it is a suburb less 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 14.6% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Banora Point has a higher than average growth expectation. It ranks 5,344th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Banora Point is predicted to grow by 6.2% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Banora Point has a higher than average growth. It ranks 2,583th 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 Banora Point, which obtains score of 96.2 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 Banora Point, which obtains score of 86.7 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Banora Point has a worse than average score, which is 37.3 out of 100. Unlike to primary school, secondary school has better than average score, which is 50.9 out of 100.

Review

Review Banora Point, NSW

 

Banora Point, NSW smart rating was calculated by GeoIndex Australia.

Did you notice any missing info or inaccuracies? Feel free to contact us.