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 › Teasel Way
$880,000
Last sold
20 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
335 m²
Land
154 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
$880,000
20 Apr 2026 · 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
+3.2%
Median sale
Suburb $852,750
-0.14 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
Urban development
2977
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 335 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 335 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 Rize Real EstateWelcome to this beautifully presented home at 19 Teasel Way, Banksia Grove, a fantastic investment opportunity in one of Perth's most sought-after northern suburbs.
This property is perfectly positioned for savvy investors looking to secure a high-quality, low-maintenance asset. From the moment you step through the striking double front doors into the grand entry hallway, it's clear this property has been loved and cared for with exceptional attention to detail.
Features include but are not limited to:
- Grand double door entry hallway
- Impressive master bedroom retreat boasting a raised ceiling, plantation shutters, his & hers walk-in robes, a double vanity ensuite, and split-system air-conditioning for year-round climate comfort
- Expansive open-plan living, dining & kitchen seamlessly flowing to the alfresco entertainer's space with established private rear garden
- Whole home ducted cooling
- Quality easy care flooring to main living areas for low maintenance and a warm aesthetic
- Designer kitchen featuring stainless-steel appliances, 900mmr gas cooktop & under-bench oven, dishwasher, and a large island bench with breakfast bar seating, perfect for meal prep and everyday living. Overhead cabinetry and end of bench power and more...
- Separate formal dining area ideal for entertaining
- Built in bar with power and recess for bar fridge and window hatch to alfresco for serving drinks too!
- Additional bedrooms are all well-sized with large built-in robes, ideal for family, guests or a home office
- Functional laundry neatly appointed with direct outdoor access and rare TRIPLE Sliding linen storage in the hallway and an added bonus
- Separate WC for guests
- Generous covered alfresco with timber decking, perfect for entertaining year-round
- Low-maintenance lawned rear garden
- Double garage with secure parking and direct internal access
- Solar system to keep the electricity bills low and tenants happy
RENT POTENTIAL: The current owners are building their next home and looking to stay on as tenants on a 12-18month lease making it an ideal turn-key investment. Walk straight in and start earning, with a market related rent to be negotiated. The hard work is already done for you with no tenants to look for and knowing the property will be maintained to a high standard!
Arrange a Private Viewing Today! 📞0466115688 | mike@rizerealestate.com.au
For more details or to stay in the loop on upcoming listings, reach out to Mike Gjestland at Rize Real Estate. Mike and the team are ready to help you find the perfect home that fits your lifestyle.
🏡 Why You'll Love Banksia Grove:
Experience the buzz of Banksia Grove, a thriving community that has grown by over 21% between 2016 and 2021! With demand on the rise and median house values soaring around 13–14% in the past 12 months (2024–2025), this vibrant suburb is the perfect place to call home or invest in your future!
🛒 Shopping & Dining
• Banksia Grove Shopping Precinct with Coles, Woolworths & Aldi
• A mix of cafés, local eateries & fast-food options
🌳 Lifestyle & Recreation
• Approx. 12 tranquil local parks scattered throughout the suburb
• Skate Park for the kids (and big kids)
• 3 gyms to choose from: Snap Fitness, Plus Fitness & Revo Fitness
• Close to Wanneroo Golf Course for golf lovers
🎓 Education & Family Living
• 3 primary schools (2 public/1 private) and 1 public high school with a 4th public primary school currently under construction and expected to open in 2027
• 6 early learning childcare centres - perfect for growing families
🚗 Transportation (Approx. Only)
• 8-minute drive to Currambine Train Station
• 6-minute drive to Mitchell Freeway
• Bus routes 390 & 391 throughout Banksia Grove connecting to Joondalup Train Station
• 12-minute drive to the Burns Beach foreshore
• 28 km north of Perth CBD and around a 30 minute drive
📌 Rates & Property Information
• Council Rates: Approx. $2050 per annum
• Water Rates: Approx. $1,125 per annum
• Block Size: 335 sqm
• Year Built: 2014
• Internal Floor Size: 154 sqm
Disclaimer: This information is provided for general information 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 Mike Gjestland, Rize Real Estate — reproduced as published, not verified by Districts.
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