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 › Beefwood St
$871,000
Last sold
16 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
718 m²
Land
137 m²
Building
Districts View
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
$871,000
16 Sept 2025 · 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
+2.1%
Median sale
Suburb $852,750
-0.09 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 718 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 718 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 Rize Real EstateNestled on a massive 718sqm block, this property offers a rare lifestyle opportunity where space, comfort, and practicality all come together. Whether you're after room for the kids to play, space for a veggie patch and a few chickens, or need secure storage for your boat, caravan, or trailer—this home has it all.
A true handyman's dream, the property boasts a huge 9m x 6m powered shed with side access and its own driveway, making it the perfect spot for projects, hobbies, or extra storage. Pair this with a very tidy 4 bedroom, 2 bathroom home, and you've got a property that ticks all the boxes for families, tradies, and entertainers alike.
A few of the features you'll love:
- 5kw Solar Unit to keep those pesky electricity bills down
- Split air conditioning system to bedrooms, main living and theater
- Spacious open-plan family and dining area with plenty of natural light – an inviting space where the whole family can come together.
- Renovated ensuite and family bathrooms
- Well-appointed kitchen complete with gas hot plates, under-bench oven, large pantry and generous bench space – ideal for preparing family meals or entertaining guests.
- Separate theatre room providing the ultimate movie-night escape or kids' playroom.
- Master en-suite with walk-in robe and an ensuite with separate enclosed toilet and a shower
- Generously sized minor bedrooms with robes
- Outdoor pergola and patio area – large, covered and perfect for weekend BBQs, entertaining friends, or relaxing with a coffee while overlooking the yard.
-Gated drive through side access to shed
- Double lock-up garage with remote control access, providing secure parking and extra storage.
Contact Mike today for a private viewing!
RENT POTENTIAL: Similar homes in the area are renting in the vicinity of $750 - 800 pw. Call or message us for a detailed rental comparables report if you are looking to invest.
Banksia Grove is a vibrant and family-friendly community situated just 30kms north of Perth's CBD. At its heart lies a bustling shopping precinct featuring Coles, Woolworths, and Aldi, along with a variety of cafés, eateries, and fast-food options. Conveniently positioned, the suburb is only 10 minutes from both Wanneroo Central and Joondalup Shopping Centres with bus routes linking directly to Joondalup Train Station. Residents enjoy around 12 peaceful local parks, a modern skate park, three well-equipped gyms and 6 day care facilities with the popular Carramar Golf Course also a short drive away. Commuting is made easy, just 10 minutes to Currambine Train Station & Mitchell Freeway and the stunning Burns Beach foreshore is just a short 13-minute drive away.
Disclaimer:
This information is provided for general information purposes only, including approximate location & drive times 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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