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 › Ironcap St
$690,000
Last sold
12 Aug 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
313 m²
Land
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
$690,000
12 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Banksia Grove (last 5 years) with land size have a median of $1,990/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
-19.1%
Median sale
Suburb $852,750
+1.04 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 313 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 313 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 Noble AvenueBuilt in 2021, this beautifully presented home feels brand new and offers the perfect blend of modern design and functionality. Set in the heart of family friendly Banksia Grove, this home provides a blank canvas for you to add your own creative flair to the front and rear gardens.
Step inside and be welcomed by a separate front living area, ideal as a home office or games room, offering great flexibility for your lifestyle. The expansive master suite is a true retreat, complete with a private ensuite and a spacious walk in wardrobe. Two additional bedrooms feature built in robes and carpets, offering comfort and convenience for the whole family. Plus, enjoy year-round comfort with ducted reverse cycle air conditioning, complete with zoning for personalised climate control in each area of the home.
The heart of the home is the open plan living and dining space, complemented by laminated flooring and abundant natural light. The contemporary kitchen is equipped with engineered stone benchtops, gas cooktop, oven, rangehood, built in pantry and space for your fridge, perfect for entertaining and everyday living.
The family bathroom is centrally located and includes both a shower and a bathtub, ideal for growing families. A separate laundry with generous built in storage adds even more practicality to the home.
Glass sliding doors open to a covered outdoor alfresco area, ideal for relaxing or hosting guests. The backyard offers plenty of potential, ready for you to design your dream garden, add a lawn or create a play area for the kids.
Features Include:
• Built in 2021 in excellent condition throughout
• Carpets in all bedrooms
• Separate front living room or home office
• Spacious master bedroom with ensuite and walk in robe
• Two additional bedrooms with built in robes
• Family bathroom with bath and shower
• Separate laundry with plenty of storage
• Open plan kitchen, dining and living area
• Engineered stone kitchen benchtops, gas cooktop, dishwasher, rangehood and built in pantry
• Ducted reverse cycle air conditioning
• Laminated flooring in main living areas
• Large sliding doors to undercover alfresco
• Double remote garage with internal access
Estimated Rental Return: $675-$700 per week
Lifestyle and Location
Banksia Grove is a vibrant growing community surrounded by parks, nature reserves and family friendly amenities. Enjoy being just minutes from:
• Banksia Grove Village Shopping Centre with Coles, cafes, medical services and specialty stores
• Joseph Banks Secondary College and St John Paul II Catholic Primary School
• Childcare centres and public transport options
• Easy access to Joondalup Drive and the Mitchell Freeway
This is an outstanding opportunity to secure a low maintenance modern home with space to make it your own. Perfect for first home buyers, young families or investors.
Disclaimer:
This information is provided for general information and marketing purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Nikki Kale, Noble Avenue — reproduced as published, not verified by Districts.
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