Banksia elegans, commonly known as the elegant banksia, is a species of woody shrub in the genus Banksia of the family Proteaceae. Reaching 4 m (13 ft) high, it is a suckering shrub which rarely reproduces by seed. The round to oval yellow flower spikes appear in spring and summer. Swiss botanist Carl Meissner described Banksia elegans in 1856. It is most closely related to the three species in the subgenus Isostylis. It occurs only over a 65 square kilometre area north and west of Eneabba, Western Australia.