Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Banksia › Monahan Ave
3
Bedrooms
1
Bathrooms
1
Car spaces
442 m²
Land
Districts View
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 (last 5 years) with land size have a median of $4,220/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Bayside Local Environmental Plan 2021
Zone
Low Density Residential
R2
Jurisdiction
Bayside (NSW)
Bayside (NSW), NSW
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.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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
NSWZoned Low Density Residential · R2 (Bayside Local Environmental Plan 2021). Official parcel area about 455 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $750/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Bayside Local Environmental Plan 2021). Official parcel area about 455 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Bayside Local Environmental Plan 2021). Official parcel area about 455 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RockdaleSituated in a highly convenient location in Banksia, this charming three-bedroom residence exudes character, featuring original Federation-style elements throughout. With three generously sized bedrooms and ample living space both indoors and outdoors, including a long driveway offering multiple parking spaces, this property represents an ideal choice for both growing and established families seeking to personalise their home with modern updates.
A modest front garden leads to the residence, which showcases a striking brick facade. The decorative brickwork and tessellated tiles are featured prominently in the wrap-around, enclosed porch. Intricate leadlight windows adorn both the doors and windows, while the home boasts high ceilings exceeding three meters, creating a bright and airy atmosphere. Conveniently located within walking distance to nearby parks, local shops, and Banksia Train Station-providing quick access to Sydney's CBD, the airport, and the M5 motorway-this home truly embodies comfort, style, and convenience.
Notable highlights include:
• Three spacious bedrooms, each featuring details such as picture rails and decorative ceiling paneling. Two bedrooms are equipped with built-in wardrobes, offering substantial storage solutions.
• Generously sized and well-lit living and dining areas, which can be utilised interchangeably, each featuring leadlight windows and picture rails.
• An original bathroom that includes a bath, shower, and vanity.
• Double windows throughout the home, enhancing temperature control and airflow.
• A spacious sunroom with built-in storage, leading to an internal laundry with an additional toilet.
• An original kitchen featuring a free-standing cooktop, oven, pantry, and ample cupboard space.
• An expansive concrete backyard with a small grassed area, providing side access to a single-car garage and a long driveway.
• Ducted air-conditioning throughout the residence.
Listing description written by Nicholas Economos, Ray White Rockdale — reproduced as published, not verified by Districts.
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