Suburb report · WA 6031
Banksia Grove
Prepared by the property strategists at Chase Wealth Australia
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Population
12,961
Banksia Grove suburb profile
Who lives in Banksia Grove
Banksia Grove is 28km by straight line from central Perth. Banksia Grove is one of the most populous suburbs in Western Australia, with 12,961 residents, more than 90% of the state's suburbs. By population it is number 38 of 270 suburbs within 40km of the Perth CBD. Banksia Grove skews young, with a median age of 31 against 39 for the median Western Australian suburb. Against the 270 suburbs within 40km of the Perth CBD, it is older than 11 and younger than 254. In the other suburb of the Carramar statistical area the median age is 38, so Banksia Grove runs 7 years younger than its statistical-area neighbours.
Income and home ownership
Households earn a median $111,000 a year, higher than 55% of Western Australian suburbs. The other suburb of the Carramar statistical area has $139,300, putting Banksia Grove 20.3% below its statistical-area neighbours. Among the 270 suburbs within 40km of the Perth CBD, 145 report a higher median household income. 76.7% of households own their home and 23.3% rent, close to the 75.2% ownership of a typical Western Australian suburb. 134 of the 270 suburbs within 40km of the Perth CBD have a higher ownership share. That is 9 points below the 85.7% ownership share in the other suburb of the Carramar statistical area.
Household mix
At the 2021 Census, 3,754 households lived in Banksia Grove, more than in 86% of Western Australian suburbs. The household mix leans to families: families with children 62.3%, couples without children 18.2%, people living alone 17% and group households 2.6%. Of the 270 suburbs within 40km of the Perth CBD, 13 have a higher share of families with children and 256 a lower one. The share of families with children, 62.3%, is higher than in 96% of Western Australian suburbs. Couples without children are scarce at 18.2%, fewer than in 98% of Western Australian suburbs. In the other 1 suburb of the Carramar statistical area, families with children make up 62.4% of households, against 62.3% here.
Housing supply
52 new dwellings were approved across the Carramar statistical area in the year to June 2025, 67% below its 2020 to 2024 average of 159 a year. The Carramar statistical area had 22,088 residents in 2025 and takes in Banksia Grove and neighbouring suburbs. That works out to 2.4 approvals per 1,000 residents of that area, below the 4.4 of the median Western Australian statistical area. Over the 6 years to June 2025, annual approvals ranged from 52 in 2025 to 265 in 2021.
Population trend
From 2020 to 2025, the Carramar statistical area put on 16.5% more residents, against 12.3% for Western Australia as a whole. The median Western Australian statistical area grew 9.7% over the same 5 years, 6.8 points slower than this one. It ranks at the 82nd percentile of Western Australian statistical areas for population growth over the period. Year by year, the change ran from 2% in 2021 to 4.5% in 2023.
Against its neighbours
The sharpest contrast among the nearby suburbs is Wanneroo, where the median age is 41 compared with 31 here. On the share of families with children, Tapping comes closest to Banksia Grove: 62.7% against 62.3%. Clarkson sits 8km away, with a median household income of $99,500 against $111,000 here.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Banksia Grove data table is dated at its source. Supply and population change cover the Carramar statistical area, whose boundary differs from Banksia Grove's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.