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 › Burma Loop
$899,000
Last sold
17 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
329 m²
Land
138 m²
Building
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
$899,000
17 Dec 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
+5.4%
Median sale
Suburb $852,750
-0.23 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 329 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 329 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 EstateStep inside 2 Burma Loop and PREPARE to be IMPRESSED!
No stone has been unturned or corner cut in the presentation here - no expense has been spared by the meticulously proud owner to present this modern home in genuine "Show Home" condition with ZERO to do....just unpack your bags!
Offering a spacious layout, fresh interiors, and easy-care outdoor spaces, this property is the perfect blend of comfort and convenience. Ideal for families, first-home buyers, or investors, it's move-in ready and set in a sought-after location directly across from a park and with quick access to the Mitchell Freeway.
Features include but not limited to:
* Ducted reverse cycle air conditioning throughout to keep the home comfortable year-round
* Plantation shutters for the ultra modern look and added window tint to Master!
* Bright and inviting open-plan living and dining area benefits of large north facing windows letting in heaps of natural light and ceiling downlights and fans as a bonus too!
* Extremely well-appointed modern kitchen featuring sleek cabinetry, stone benchtops, dishwasher and a breakfast island for seating. Updated kitchen appliances, and a subway tile splash back add a contemporary touch with LED lighting below bench for an added touch!
* Master bedroom with his and hers walk-in robe's and an ensuite with a generous sized shower and separate toilet
* Minor bedrooms are a great size with shutters too
* Sleek family bathroom with quality finishes
* A dedicated laundry space with built-in storage and external access, making everyday chores simple and efficient.
* Step outside to your neat alfresco, perfect for year-round entertaining with the added bonus of the option to enclose with electric roller blinds. This covered space features stylish screening to the fence, ample room for outdoor dining, and a relaxed seating area, ideal for BBQs or evening drinks. Surrounded by low-maintenance landscaping, it creates the perfect balance of comfort, privacy, and lifestyle.
* Double remote garage with internal entry for convenience and security and added cabinetry for storage - plus a 2nd plumbed washing machine so you can run two machines at once!
* Exposed aggregate driveway
* Attic storage for the xmas decorations etc, garden shed for the tools and even an Outdoor shower!
Contact Mike today for a private viewing!
RENT POTENTIAL: Similar homes in the area are renting in the vicinity of $720-$750 pw. Call or message us for a detailed rental comparables report if you are looking to invest.
Banksia Grove in a snap shot:
* Banksia Grove Shopping precinct featuring Coles, Woolworths & Aldi
* Skate Park
* Approximately 12 tranquil local parks to choose from
* Numerous Cafe's, local eateries and fast food options
* 3x Gyms: Snap fitness, Plus Fitness and Revo fitness
Transportation: (Approximate figures only)
* 9 Minutes drive to Currambine Train Station
* 6 Minutes to Mitchell Freeway
* Bus route throughout Banksia Grove to Joondalup train station
* 10 minutes drive to the Burns Beach foreshore
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.