Banjup, WESTERN-AUSTRALIA Real Estate & Suburb Profile

About Banjup Real Estate

Banjup is a suburb of Perth, Western Australia, located within the City of Cockburn. Its postcode is 6164. It is approximately 25 km (16 mi) south of the Perth central business district.
Banjup mainly consists of rural residential properties, with an average lot size of 2 hectares (5 acres), together with a small number of agriculture-based businesses (horticulture such as plant nurseries and flower growing). The suburb has a mixture of small scale rural properties which have been used for hobby farms (for example to run horses) and "lifestyle" residents who prefer open space and more space when compared to normal Perth suburban blocks.
Banjup is located on the Jandakot Water Mound. As part of the Western Australian State Government water resource protection policy development over the Jandakot Water Mound is limited to reduce the possibility of contamination from runoff from properties. As a consequence the number of animals per property is limited by the City of Cockburn zoning policies (for example 1 horse per 2 ha property - exemptions apply for established properties with livestock).
Much of the Jandakot Regional Park is located within Banjup.

Property Investment Potential

When analyzing the local real estate landscape, Banjup presents a dynamic opportunity. With median property prices sitting around $1,208,000 and delivering an average rental yield of 5.3%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 60 days on the market, underscoring the consistent demand in this part of Western Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.