Kensington at a glance
5,029
People
$1,687,500
Median sale
$712/wk
Median rent
2.19%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
WA › Kensington › Banksia Tce
$1,040,000
Last sold
5 Apr 2023
2
Bedrooms
1
Bathrooms
6
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,040,000
5 Apr 2023 · derived via latest_sale
Kensington at a glance
5,029
People
$1,687,500
Median sale
$712/wk
Median rent
2.19%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Kensington
-38.4%
Median sale
Suburb $1,687,500
+1.37 pp
Gross yield
Suburb 2.19%
Suburb median $1,687,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $712/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Kensington at a glance
5,029
People
$1,687,500
Median sale
$712/wk
Median rent
2.19%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HKY Real EstateMarket Launch: Saturday 18 February 12.30pm
Welcome to 118 Banksia Terrace
Set on a large 739m2 elevated block, this lovely character home ticks a lot of boxes for the savvy buyer. The options are endless should you want to renovate, extend, or build new with a possibility of city views from a second storey.
The interior has classic charm boasting high ceilings, polished jarrah hardwood flooring and sash windows at the front of the house. Also featuring a light and bright kitchen with breakfast bar, a sizeable dining area, a beautiful light filled lounge room and to round it off a gorgeous back garden with established trees.
118 Bankisa Terrace also offers two good sized bedrooms both with built in robes, one bathroom plus two toilets, a sizeable laundry and a spacious sleepout provides additional living space which is perfect for use as a home office, a guest room, or a hobby room.
There's no denying this home has 'great bones'.
Outside, the beautiful garden is a real standout feature of the property. Well-maintained and full of lush greenery and established trees, it provides a peaceful and private retreat for you to enjoy. You'll love spending time in this serene and generous space.
Features:
• 2 large bedrooms with BIRs
• Jarrah floorboards
• High ceilings
• Large block with potential city views
• Large kitchen with breakfast bar, 5 hob gas burner, electric oven, appliance nook & dishwasher
• Evaporative and reverse cycle split system air conditioning
• Incredible potential CBD views if adding a second storey
• Huge Carport that will fit a boat
• Large sleepout which can be used as a bed 3 or home office
• Great potential to renovate and extend or build new
• Incredible location with everything at your fingertips
Location Features:
• 400m to Kensington Primary School
• 350m to Kensington Secondary School
• 400m to the always bustling 'Little Banksia Café'
• 6km to Perth CBD
• 4.2km to Royal Perth Golf Club
• 2.9km to Sir James Mitchell Park
• 2.5km to Wesley College
• 2.5km to Penrhos College
• 2.5km Curtin University
Currently tenanted until 25 July 2023
Water rates: Aprox. $1030 p.a.
Council rates: Approx. $2100 p.a.
Contact Sinead on 0401 164 940 and register your interest today.
Disclaimer:
The particulars are supplied for information only and shall not be taken as a representation of the seller or its agent as to the accuracy of any details mentioned herein which may be subject to change at any time without notice. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Sinead Gliddon, HKY Real Estate — reproduced as published, not verified by Districts.
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