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
$913,000
Last sold
7 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
525 m²
Land
190 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$913,000
7 Aug 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
+7.1%
Median sale
Suburb $852,750
-0.29 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 scheme
WANNEROO
Zone
Residential
1
Jurisdiction
Wanneroo
Wanneroo, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 525 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.
Flood overlay has not been queried for this lot. 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.
2 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 525 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 JoondalupPositioned on a generous 525sqm block in a quiet local traffic street, this beautifully refreshed family home offers the kind of space and versatility that's becoming increasingly difficult to find. Freshly painted throughout and ready to simply move in and enjoy, its spacious floor plan features both a separate Theatre room and an oversized Games/Activity room, either of which could comfortably serve as a fifth bedroom if needed. Combined with the cleverly designed ensuite featuring separate powder room access from the main hallway, it's a layout that adapts to growing families, multi-generational living or those simply wanting extra flexibility.
At the heart of the home, the spacious open-plan living and dining area is complemented by a generous kitchen with a large stone-topped island bench and excellent storage space. Quality appliances include a freestanding stainless-steel Smeg cooker and LG dishwasher, along with a convenient plumbed fridge recess. Sliding doors connect the main living area to the alfresco and extended patio, complete with café style blinds for more comfortable outdoor entertaining. The mostly paved backyard offers an easy-care outdoor space with minimal maintenance required.
FEATURES AT A GLANCE:
• Freshly painted throughout and ready to move straight in
• Flexible floor plan with genuine 5th bedroom potential
• 5x split system air conditioners feature throughout for year-round comfort
• Master bedroom suite with dual, fully-fitted walk-in robes
• Renovated ensuite featuring a double shower recess and glass screens
• A separate powder room with direct guest access from the entry hallway
• Spacious enclosed Theatre with double French-door entry
• Extra-large enclosed Games/Activity room, also with double French-door entry
• Spacious open plan kitchen, living and dining area with timber-look wall panelling
• Large kitchen with stone topped island bench and abundant storage cabinets
• Freestanding Smeg oven/cooktop, LG dishwasher, and plumbed fridge recess
• Built-in robes to all 3 additional bedrooms plus LED ceiling fans to Bed 2 and 3
• 5kW solar inverter with 15x solar panels to help save money on bills
• Under main roof alfresco with extended patio and café style blinds
• Mostly paved, easy-care backyard with side garden area
• Swann hardwired CCTV system with HDD recorder
Conveniently located within easy walking distance of schools, parks, shopping and public transport, this move-in ready home combines outstanding space, practical family living and everyday convenience in one impressive package.
THE LOCATION (distances are approx.):
• 300m - St John Paul II Catholic Primary School
• 300m - Grandis Primary School
• 350m - Bus stops along Joondalup Drive Boulevard
• 400m - Discovery Park and Playground
• 850m - The Grandis Centre (Medical Centre and Child Care)
• 1.0km - Joseph Banks Secondary College
• 1.1km - Banksia Grove Shopping Village
Disclaimer: This information is provided solely for general informational purposes and is based on details supplied by the Seller, which may change without notice. While every effort has been made to ensure the accuracy of the information provided, no guarantees or representations are made regarding its completeness or reliability. Prospective buyers are strongly advised to conduct their own independent investigations and should not rely solely on this information.
Listing description written by Matthew Mule', Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.