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 › Elderiana Link
$1,110,000
Last sold
6 Feb 2026
5
Bedrooms
2
Bathrooms
4
Car spaces
644 m²
Land
233 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
$1,110,000
6 Feb 2026 · 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
+30.2%
Median sale
Suburb $852,750
-1.02 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 644 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 644 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 Perth Lifestyle Residential Lifestyle Is Where It BeginsBuilt in 2014 and set on a generous 644sqm block, this substantial 5-bedroom, 2-bathroom residence delivers impressive scale, modern upgrades and outstanding convenience. Offering approximately 233sqm of internal living, the home is ideal for large families, professionals working from home or investors seeking a high-demand rental in a well-connected location.
A large foyer sets the tone on entry, leading into multiple living zones including family, dining and a dedicated theatre room, plus a separate study and practical storage nook. The expansive floorplan ensures excellent separation of space, while fresh paint, new carpets and new downlights throughout create a move-in-ready finish.
The oversized master suite is a true retreat, complemented by an ensuite finished with vibrant blue feature tiling and a full-sized bath. All minor bedrooms are double-sized, with the guest bedroom enjoying its own walk-in robe and semi-ensuite access-ideal for extended family or guests. Both bathrooms are generously proportioned and include bathtubs.
At the heart of the home, the kitchen is equipped for scale and function with 900mm stainless steel appliances, stone bench top, gas cooking, dishwasher, large walk-in pantry and ample bench space-perfect for family living and entertaining. Ducted reverse-cycle air-conditioning and solar hot water heating enhance year-round comfort and efficiency.
Outside, a massive backyard offers endless potential for entertaining, play or future enhancements, all supported by full reticulation. A double lock-up garage, internal laundry and extensive hallway linen storage with triple sliding doors complete this well-designed home.
With a rental expectation of $800-$825 per week, this property represents a compelling opportunity for investors seeking size, quality and strong returns.
Property Features:
• Built in 2014, 5x2x2, 644sqm block
• Three living areas: family, dining & theatre PLUS study
• Master Retreat with ensuite and bath
• Guest bedroom with semi-ensuite and WIR, 3 bedrooms BIR
• Kitchen with stone bench top, large WIP, gas cooking, dishwasher, stainless steel applicances
• Ducted reverse-cycle air-conditioning
• Solar HW
• Double lock up garage with internal access
• Fully reticulated lawns and gardens
• New carpets, electricals and freshly painted
Location Highlights (approx):
• 9 minutes to Joondalup Shopping Centre
• 3 minutes to Banksia Grove Shopping Centre
• 10 minutes to Currambine Train Station
• 10 minutes to Mitchell Freeway access
• Close to Carramar & Wanneroo Golf Clubs
• 12 minutes to Outback Splash
• 15 minutes to Bunnings Mindarie
Council rates approx PA: $2,500
Water Rates approx PA: $1,500
Angela Moore 0421 951 088
Disclaimer: The above information has been provided by sources we deem to be reliable. We do not accept any responsibility to any person for its accuracy. All interested parties should rely upon their own enquiries in order to determine the accuracy of this information.
Listing description written by Angela Moore, Perth Lifestyle Residential Lifestyle Is Where It Begins — reproduced as published, not verified by Districts.
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