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 › Grandis Blvd
$805,000
Last sold
6 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
301 m²
Land
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
$805,000
6 July 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
-5.6%
Median sale
Suburb $852,750
+0.26 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 301 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 301 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 EstateBuilt in 2022 and offering an incredibly well-designed layout, this modern home features top quality finishes throughout and a functional floorplan that maximises space and natural light.
If you are looking for "better than the rest" quality this residence offers contemporary design elements and a seamless flow between living zones presenting you with an outstanding opportunity in a highly sought-after setting.
Features include but not limited to:
-Ducted reverse cycle air conditioning for year-round comfort
-Stunning chef's kitchen featuring premium stainless steel appliances, feature pendant lighting over the stone island bench, microwave recess, dishwasher and an abundance of soft-close cupboard and drawer storage
-Hybrid vinyl plank flooring throughout, ideal for allergy-sensitive households
-Modern LED downlighting throughout the home
-Double mirrored sliding robes to bedrooms 2 and 3
-Spacious open plan kitchen, living, and dining area flowing seamlessly to the alfresco
-Master suite with large enclosed walk-in robe and stylish open ensuite complete with his and hers vanity, and an oversized shower
-Quality window treatments throughout
-Separate laundry with practical layout and sliding door to courtyard with washing line
-Alfresco area with exposed aggregate concrete underfoot and low-maintenance artificial turf along the boundary
-Double remote garage with convenient shopper's entry
-Side gate entry to front of the property screening off the entertaining area
-Security camera system
RENT POTENTIAL: Similar homes in the area are renting in the vicinity of $750 pw. Call or message us for a detailed rental comparables report if you are looking to invest.
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:
🛒 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. $2300 per annum
• Water Rates: Approx. $1,200 per annum
• Block Size: 301 sqm
• Year Built: 2022
• Internal Floor Size: 127 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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