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 › Turquoise Loop
$1,335,000
Last sold
4 June 2025
5
Bedrooms
3
Bathrooms
3
Car spaces
5,118 m²
Land
245 m²
Building
Districts View
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
$1,335,000
4 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Banksia Grove (last 5 years) with land size have a median of $2,000/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
+56.6%
Median sale
Suburb $852,750
-1.59 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 5,118 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 5,118 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 The Agency PerthZed Ahmadi from TeamRash at The Agency presents…
48 Turquoise Loop, Banksia Grove
We are absolutely thrilled to introduce this exclusive one-of-a-kind family home, perfectly positioned near all amenities in the highly sought-after suburb of Banksia Grove. This magnificent residence captures the essence of the Australian dream, blending timeless style, elegance, and sophistication into a forever home designed for discerning families.
Step inside to discover a spacious four-bedroom, two-bathroom layout, where a stunning open-plan living area flows effortlessly to outdoor entertaining spaces. The home also features a self-contained granny flat for added convenience, a sparkling fiberglass swimming pool, and an expansive 5,118 sqm block offering endless possibilities.
The front lounge boasts breathtaking views, creating a serene retreat to unwind while taking in the surrounding beauty. This property delivers a truly unique lifestyle, ideal for nature lovers or those seeking a peaceful urban escape with a regional charm.
THE FEATURES YOU WILL LOVE
• 5118 sqm of GOLD MINE!!! Seize the opportunity
• King-sized Main-Bedroom offers fantastic views of surrounding, spacious walk-in robe, exquisite ensuite with large shower space & plenty of bench space, nice spa & Split system air conditioner
• Stunning open plan living area with split system air conditioner with soaring high ceiling - see it to be believe it
• Open plan kitchen with 900mm appliances, 600mm oven, dishwasher and plenty of bench top with breakfast bar
• Three spacious secondary bedrooms
• Solar Panels with 20x – 5.2kw
• Plenty of patio – amazing for gathering
• Multiple living areas
• Secondary bathroom with shower, built in bath and vanity
• Separate WC
• Beautiful low-maintenance tiles & marri flooring throughout
• Recently painted
• Walking distance to schools and parks
• Multiple sheds for storage
• Self-contained granny flat – perfect for guests, extended family, or rental potential
• Outdoor oasis with a 12 sqm fiberglass swimming pool enclosed by stylish bamboo fencing
RATES -
• Council Rate approx $ 2000 pa
• Water Rate approx $ 1200 pa
• Block Size: 5118 sqm
• Built Year: 2003
Suburb Over View:
• 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 close to the wide array of amenities the community of Banksia Grove has to offer, this is a rare opportunity to secure the perfect home, you can share with family and friends.
Fixed Date Sale ends 6th of May at 3pm (unless sold prior).
Call Zed from Team Rash to register your details for all our upcoming new listings and we will do our best to help you find the perfect house in the area!
Zed on 0421 245 274 - zeda@theagency.com.au
Rash on 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.