Banana Shire
Population
14,513
Banana Shire is a Local Government Area in Australia comprising 49 suburbs with a population of 14,513 residents. For property investors analysing Banana Shire capital growth potential, this council area ranks in the top 62% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in Banana Shire is approximately $239K, making it an affordable entry point for first-time investors. Banana Shire property investment fundamentals show emerging signals.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 38% of all LGAs
Key Market Indicators
Low Employment Health
Employment Score
Poor Population Forecasts
Population Score
High New Home Construction
Supply Score
Investment Outlook
This area shows limited growth indicators. Careful evaluation of market conditions and individual factors is recommended before considering investment.
Em
Employment Diveristy
Mining - 21.00%
Agriculture, Forestry and Fishing - 17.00%
Retail Trade - 7.00%
Manufacturing - 7.00%
Others - 48.00%
Commute Time
301mins
146kms
Common Transport Methods
Income Growth
Average Income
49 Suburbs in Banana Shire
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
Banana Shire Property Investment FAQs
Is Banana Shire a good area for property investment in 2026?▼
Banana Shire ranks in the top 62% of all Australian Local Government Areas for property investment potential. While Banana Shire currently shows emerging investment signals, there may be specific suburbs within the LGA that outperform the broader area. We recommend analysing individual suburb scores to identify potential opportunities for property growth.
What is the median house price in Banana Shire?▼
The current median house price across Banana Shire is approximately $239K. This median price reflects sales data from properties across all 49 suburbs within the Local Government Area. At this price point, Banana Shire represents an affordable entry into the Australian property market, potentially offering higher rental yields and cash flow positive opportunities.
What are the best suburbs to invest in Banana Shire?▼
Banana Shire contains 49 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Banana Shire depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 49 suburbs in Banana Shire ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for Banana Shire?▼
Banana Shire's capital growth outlook is variable based on current market indicators. Capital growth in Banana Shire may be uneven across different suburbs. We recommend targeting specific suburbs with strong individual metrics rather than relying on LGA-wide trends.
What is the population of Banana Shire?▼
Banana Shire has a population of approximately 14,513 residents across its 49 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in Banana Shire as part of your investment research to understand future housing demand.
How many suburbs are in Banana Shire council area?▼
Banana Shire Local Government Area contains 49 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Banana Shire, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 49 suburbs to help you identify the best investment opportunities within Banana Shire.
