Thornlie at a glance
25,987
People
$888,000
Median sale
$675/wk
Median rent
3.95%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
WA › Thornlie › Banksia Circle
$900,000
Last sold
7 Apr 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
836 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
$900,000
7 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Thornlie (last 5 years) with land size have a median of $1,231/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Thornlie at a glance
25,987
People
$888,000
Median sale
$675/wk
Median rent
3.95%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Vs Thornlie
+1.4%
Median sale
Suburb $888,000
-0.05 pp
Gross yield
Suburb 3.95%
Suburb median $888,000 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 836 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 $675/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 836 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
Thornlie at a glance
25,987
People
$888,000
Median sale
$675/wk
Median rent
3.95%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Team BrockhurstIf you've been chasing a property with proper development potential*, this one's worth a look! 836sqm, R100 zoning, and positioned in a spot that's always in demand. The home itself? It's got bones, but it's no secret—it needs work. This one's all about what you can do next. Apartments, villas (subject to approvals), or landbank it and watch the area keep growing—it's a smart bit of dirt in a spot that just makes sense. Tucked away in a cul-de-sac, with the train a short stroll away and parkland just down the road, you've got location sorted.
Now, full transparency—the house isn't winning any beauty contests right now. It's a 3-bedroom, 1-bathroom home with a classic layout typical of the 1960's, but it needs work. The good news? Options. Renovate it, rent it, live in it. or knock it over and start fresh. It's being sold as is, so what you see is what you get.
FEATURES:
* 836sqm block with R100 zoning
* Strong development potential – apartments or explore R60 for villas (STCA)
* Low-key cul-de-sac location with easy pedestrian access to Spencer Road
* Easy walk to Thornlie Train Station
* Existing 3-bedroom, 1-bathroom home
* Includes lounge, kitchen/meals, family room, games room, laundry, and separate WC
* Sold on an "as is" basis
* Close to Spencer Village, takeaway options, food hall and medical centre
* Handy to Thornlie Square shops
* Around 500m to Yale Primary School
* Approx. 1.6km to Thornlie Primary School
* Easy run onto Roe and Albany Highways
The location ties it all together. Easy access to transport, schools within walking distance, local shops and food spots close by, and parklands just down the street. It's the kind of spot tenants and future buyers will always look for.
Plenty of ways to make this one work—develop, invest, or roll up your sleeves and bring the home back to life. If you've been waiting for a site with real upside, this is worth a closer look.
For more information and inspection times contact:
Agent: Danny Sharrett
Mobile: 0421 088 467
PROPERTY INFORMATION
Council Rates: $445.00 per qtr
Water Rates: $267.91 per qtr
Block Size: 836 sqm
Building Area: 100 sqm approx.
Zoning: R100
Build Year: 1967
Property Type: House
Floor Plan: Available
*Any reference to potential development, subdivision, or building is provided for general information only and is subject to planning approvals and requirements from the relevant authorities. Prospective buyers should make their own independent enquiries and obtain advice from the appropriate authorities to determine the suitability of the property for their intended use. The selling agent makes no representation or warranty as to the accuracy or feasibility of any future development potential.
INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.
Listing description written by Danny Sharrett, Century 21 Team Brockhurst — reproduced as published, not verified by Districts.