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 › Media Cres
$863,000
Last sold
27 Oct 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
350 m²
Land
171 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
$863,000
27 Oct 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
+1.2%
Median sale
Suburb $852,750
-0.05 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 2 Sept 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 2 Sept 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 350 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 350 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 EstateStep inside 20 Media Crescent and find a home designed for modern family living. 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.
Features include but not limited to:
* Ducted reverse cycle air conditioning with 6 zones including ensuite! to keep the home comfortable year-round
* 18 solar panel unit to keep those pesky electricity bills at bay
* Complete home filtration
* Shutters to the front window and added window tint for privacy!
* Bright and inviting open-plan living and dining areas, w/ ceiling downlights and tiled floors throughout
* Well-appointed modern kitchen featuring sleek cabinetry, stone benchtops, dishwasher and a breakfast island for seating. Pendant lighting and a subway tile splash back add a contemporary touch.
*The kitchen also includes a spacious scullery that leads directly to the laundry, providing extra storage, preparation space, and effortless workflow
* Master bedroom with his and hers walk-in robe's and an ensuite with his & hers sink and a generous sized shower
* Minor bedrooms are a fantastic size with built-in robes
* 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
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
* 10 Minutes to Mitchell Freeway
* Bus route throughout Banksia Grove to Joondalup train station
* 12 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.
~ The Floor Plan is shown in reverse
Listing description written by Mike Gjestland, Rize Real Estate — reproduced as published, not verified by Districts.
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