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 › Repens Way
4
Bedrooms
2
Bathrooms
4
Car spaces
502 m²
Land
123 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Banksia Grove (last 5 years) with land size have a median of $1,995/m² of land (n=166). 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.
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 502 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 502 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 Mavin Real EstatePerched atop of the hill in this bustling neighbourhood is your new family home. The 4x2 brick and tile house sits on a generous 502sqm lot, directly opposite Parakeelya Park.
Step through the front door and you are greeted with a living space that offers versatility if needed. You may choose to use it as a second living, alternate dinning room, study, or kid's rumpus room.
To the right is the primary bedroom, walk-in-robe and ensuite. The room has views to the park and a split system aircon. Both these front rooms have been fitted with roller shutters for peace of mind.
Moving through we have the open plan kitchen, meals, family area. The kitchen features a dual sink, four-burner gas cooktop, electric oven, space for a double-door fridge, and plenty of cupboard space. But, if you need more, rest assure there is the ability to install overhead cabinets too. The tiled floor continues into the meals and family area. A split system aircon has been installed here, as well. Large windows along the Eastern side fill the home with tonnes of natural light and offer views into the back garden.
On the Western side of the home, you will find the three other bedrooms, secondary bathroom, laundry, and toilet.
Now for my favourite part, the backyard. Here we have an undercover patio, large garden shed, and a paved area for a firepit/secondary sitting courtyard, all with side access. Mark, tenant of 12 years, has taken immense pride and care for the gardens and it clearly shows.
Other key benefits this location offers are:
- The easy access to Joondalup drive.
- Less than a kilometre to the shopping centre where you'll find an Aldi, Woolies, Coles, Repco and plenty of eateries.
- Short drive to Revo Fitness
- 700m to Joseph Banks Secondary College
- 4.1km Carramar Golf Course
The property is currently leased at $600 per week, however, Mark will be out come settlement.
As this has been a tenanted property, it is being sold on an "AS IS" basis. No warranting the plumbing or electrical.
Call Jaidyn Wood to book a time to view!
Council Rates $2,098.45 Per Annum
Water Rates $1,121.97 Per Annum
Listing description written by Jaidyn Wood, Mavin Real Estate — reproduced as published, not verified by Districts.
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