Banksia Park vs Surrey Downs.
Comparing two suburbs with median house prices of $845,000 and $867,500. Surrey Downs edges out on more headline metrics in this comparison.
Banksia Park (median $845,000) is roughly 3% cheaper to buy into than Surrey Downs ($867,500). Over the past year, Surrey Downs (+24.8%) ran 15.1 percentage points ahead of Banksia Park (+9.7%) on house-price growth.
Surrey Downs scores higher on walkability (8/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Surrey Downs (1038) sits above Banksia Park (1033). Banksia Park skews owner-occupied (90%), Surrey Downs runs more rental-dense (79% owner).
For buyers
Banksia Park is the lower entry point at $845,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Surrey Downs carries both higher gross yield (3.72% vs 3.57%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Surrey Downs edges out on average school ICSEA (1038 vs 1033).
Common questions
Is Banksia Park or Surrey Downs cheaper to buy in?
Banksia Park has the lower median house price at $845,000, roughly 3% below Surrey Downs ($867,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Banksia Park or Surrey Downs?
Over the past 12 months, Surrey Downs grew +24.8% vs +9.7% in Banksia Park, a gap of 15.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Banksia Park or Surrey Downs have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Surrey Downs scores 1038 vs 1033 in Banksia Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Banksia Park or Surrey Downs?
Surrey Downs scores 28/100 on walkability vs 8/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Banksia Park or Surrey Downs?
Gross rental yield on houses is 3.72% in Surrey Downs vs 3.57% in Banksia Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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