63 Musgrave Rd, Banyo is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 752m2 and floor size of 102m2.
Renovate, Remove, Extend, Raise (STCA)
Perched upon a sizeable 752sqm allotment, this character home offers a plethora of opportunities to its next resident. With no character overlays or demolition control, this property will suit those looking to live-in, renovate or build their dream home on this generous parcel of land! Whilst the exterior gives the illusion of a post-war dwelling, this circa 1935 dwelling showcases wonderful period features synonymous with a Queenslander including picture rails, VJ walls, soaring high ceilings and whilst currently carpeted, stunning hardwood timber floorboards are underneath.
The size of Banyo is approximately 5.0 square kilometres. There are 12 parks, covering nearly 15.5% of the total area. The population of Banyo in 2016 was 5868 people. By 2021 the population was 6105 showing a population growth of 4.0% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation.In 2021, 67.20% of the homes in Banyo were owner-occupied compared with 67.00% in 2016.
Banyo has 3,019 properties. Over the last 5 years, Houses in Banyo have seen a 96.76% increase in median value, while Units have seen a 139.06% increase. As at 30 June 2026:
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