Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
WA › Banksia Grove › Compar Rd
$835,000
Last sold
10 June 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
600 m²
Land
229 m²
Building
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
$835,000
10 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Banksia Grove (last 5 years) with land size have a median of $2,000/m² of land (n=165). Districts calculation from recorded sales — not a valuation.
Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Vs Banksia Grove
-2.1%
Median sale
Suburb $852,750
+0.09 pp
Gross yield
Suburb 4.39%
Suburb median $852,750 from 112 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. Listed land size is 600 m² — that is not 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 $720/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. Listed land size is 600 m² — that is not 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
Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Alliance JoondalupDesigned for large or growing families, this sprawling 4/5-bedroom, 2-bathroom home offers an exceptional blend of space, comfort, and practicality. Boasting an impressive 229sqm of living space, it features multiple living areas, including a theatre, games room, activity area, and a versatile 5th bedroom or home office, ensuring everyone has a place to call their own.
Step inside through the double-door portico entry to discover a well-planned layout with spacious living zones and thoughtful design. The central open-plan kitchen, dining, and family area forms the heart of the home, while a separate games room and dual-entry theatre provide additional spaces to relax or entertain. Outdoors, a large, pitched patio with café blinds, lush gardens, and a generous grassed area create a private backyard haven.
Nestled on a quiet street, the home's manicured gardens and excellent street appeal set the tone for the quality within. With local schools, parks, and convenient amenities just minutes away, this is a home that delivers on every level.
FEATURES YOU'LL LOVE:
• Solar power system with 20 panels and a 5kW inverter
• Fujitsu ducted reverse-cycle air-conditioning with multi-zone controls
• Solar hot water system with an instantaneous gas booster for the cloudy days
• Beautifully manicured gardens and lawn with excellent street appeal
• Double door front entrance via the undercover portico
• Extra-large master bedroom with walk-in robe and ensuite with twin rain showers
• Dual entry THEATRE room for cosy movie nights or a second lounge/relaxation space
• The separate STUDY near the entry is ideal as a home office or 5th bedroom
• Three additional bedrooms near the laundry, bathroom, and ACTIVITY room
• The activity room is perfect as a kids study or play zone
• Open-plan living and dining area with a separate GAMES room for added flexibility
• Spacious kitchen with ample cupboard space, double fridge recess, dishwasher, and built-in pantry
• Double lock-up garage with shoppers' entry to the kitchen
• The games room is ideal for a pool table and includes the 5-piece white display cabinet
• Large, private backyard with pitched patio, generous grassed area, and a garden shed
• Automatic reticulation to both front and rear gardens
With its impressive size, multiple living zones, and unbeatable location, this home is a rare find. Don't miss your opportunity, contact Matt today to register your interest to attend the first home open!
THE LOCATION (distances are approximate):
• 300m - St John Paul II Catholic Primary School
• 300m - Grandis Primary School
• 350m - Nearest bus stops (Joondalup Drive Blvd)
• 400m - Discovery Park and Playground (800m on Boomerang Loop)
• 850m - The Grandis Centre (Child Care and Medical Centre)
• 1.0km - Joseph Banks Secondary College
• 1.1km - Banksia Grove Shopping Village
Listing description written by Matthew Mule', Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.