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 › Featherleaf Elbow
$920,000
Last sold
22 May 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
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
$920,000
22 May 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
+7.9%
Median sale
Suburb $852,750
-0.32 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 375 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 375 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 The Agency PerthZed Ahmadi from TeamRash at The Agency presents…
23 Featherleaf Elbow Banksia Grove
Nestled within the highly vibrant community of Beautiful Banksia, this stunning home is a true celebration of modern living, where style, elegance, and refinement come together effortlessly. Whether you are an investor or a first-time buyer ready to plant roots in Perth's thriving property market, this exquisite residence delivers on every level.
Thoughtfully designed for easy, comfortable living, the home offers three bedrooms, two modern bathrooms, and a spacious double garage with high ceilings. A versatile theatre and separate lounge room, along with a dedicated office and study, adapt seamlessly as additional bedrooms when the need arises, while reverse cycle air conditioning ensures year-round comfort throughout. The true centrepiece of the home is the absolutely stunning chef's kitchen, beautifully appointed and overlooking a gorgeous decked alfresco area the perfect setting for entertaining friends and family all year round.
Designed with a low-maintenance lifestyle in mind, this home is ideal for the lock-up-and-leave buyer who refuses to compromise on quality or location. Positioned within easy reach of freeway entrances, train stations, parks, schools, and everyday shopping, everything you need is right at your doorstep.
THE FEATURES YOU WILL LOVE
• Main bedroom with plantation shutters, ducted air conditioner and massive his & hers walk-in robe
• Exquisite ensuite with large shower space, plenty of bench space and single sink
• Large living and dining area with ducted air conditioner
• Stunning chef's kitchen with 900mm appliances, 900mm oven, dishwasher, plenty of benchtop space, breakfast bar, well-crafted splashback, plenty of overhead cabinetry and plumbed fridge recess
• Two well-sized secondary bedrooms, both with sliding mirrored built-in robes
• Front study/office space (could be used as a 4th bedroom)
• Theatre/lounge room
• Secondary bathroom with large shower space and vanity
• Separate WC
• Laundry with walk-in linen storage
• Ducted reverse cycle air conditioning throughout
• Plantation shutters throughout
• Beautiful low-maintenance flooring
• Decked alfresco to enjoy a nice day out with friends and family
• Low-maintenance backyard with artificial lawn
• Rear garden shed
• Secure remote-controlled high-ceiling garage with roller shutters for side access
• Tranquil street, walking distance to schools and parks
Rates & Property Info
• Council rates approx $1,700 pa
• Water rates approx $1,200 pa
• Block size: 375 sqm
• Built: 2014
• Builder: Aussie Homes
Suburb Overview
• Banksia Grove Shopping Precinct: Featuring Coles, Woolworths, Aldi, cafes, local eateries, and fast-food options.
• Recreation & Fitness: Approximately 12 tranquil local parks, plus three gyms—Snap Fitness, Plus Fitness, and Revo Fitness. Home ground to Carramar Shamrock Rovers
• Education: Four schools and three early learning centers, making it ideal for families.
• Transportation:
o 9-minute drive to Currambine Train Station.
o 10-minute drive to Mitchell Freeway.
o Bus route connecting Banksia Grove to Joondalup Train Station.
• Coastal Access: 12-minute drive to Burns Beach.
• Golf & Leisure: Wanneroo Golf Course nearby for golf enthusiasts.
• Employment Hub: 5-minute drive to Neerabup Industrial Area, offering convenient access to work opportunities.
With everything you could possibly want under one roof, and surrounded by the wide array of amenities that the beautiful Banksia Grove community has to offer, this is a rare opportunity to secure the perfect home to share with the people who matter most.
Do not miss your chance to make it yours. Contact Team Rash today to register your interest or to be the first to hear about our upcoming new listings in the area.
Zed: 0421 245 274 | zeda@theagency.com.au
Rash: 0410 564 761 | rashd@theagency.com.au
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 Zed Ahmadi, The Agency Perth — reproduced as published, not verified by Districts.