Conder vs Banks
Banks (median $797,000) is roughly 13% cheaper to buy into than Conder ($917,000).
Buying in Conder or Banks?
Selling in Conder? The free selling guide
Conder and Banks side by side
| Measure | Conder | Banks |
|---|---|---|
| Price and market | ||
| Median house | $917,000 | $797,000 |
| Median unit | $674,000 | $610,000 |
| Renting | ||
| House rent | $410/wk | $410/wk |
| Unit rent | $390/wk | $424/wk |
| Owner occupied | 80.0% | 81.0% |
| Renter occupied | 18.0% | 18.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1029 | 1029 |
| Lifestyle and people | ||
| Walk score | 38 | 6 |
| Transit score | 80 | 100 |
| Bike score | 100 | 100 |
| Population | 5,108 | 5,100 |
| Median age | 37 | 35 |
| Climate | ||
| Annual rainfall | 638 mm | 638 mm |
| Mean max, January | 28.7°C | 28.7°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Conder scores higher on walkability (38/100 vs 6/100 ), useful if you're optimising for a car-light household.
- For buyers
- Banks is the lower entry point at $797,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Banks offers the higher gross rental yield (2.68% vs 2.32%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Conder vs Banks: common questions
Is Conder or Banks cheaper to buy in?
Banks has the lower median house price at $797,000, roughly 13% below Conder ($917,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Conder or Banks?
Conder scores 38/100 on walkability vs 6/100. 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, Conder or Banks?
Gross rental yield on houses is 2.68% in Banks vs 2.32% in Conder. 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.
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