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WA › Hillarys › Banks Ave

58 Banks Ave, Hillarys WA 6025

House

$1,405,000

Last sold

10 Jan 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

684 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,405,000 (10 Jan 2025).(Recorded sale)
  • FactLand 684 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hillarys (last 5 years) with land size: median $2,347/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,405,000

10 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Hillarys (last 5 years) with land size have a median of $2,347/m² of land (n=115). Districts calculation from recorded sales — not a valuation.

Hillarys at a glance

12,146

People

$1,719,000

Median sale

$823/wk

Median rent

2.49%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Hillarys report →

Vs Hillarys

-18.3%

Median sale

Suburb $1,719,000

+0.56 pp

Gross yield

Suburb 2.49%

Suburb median $1,719,000 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,405,00010 Jan 2025
  2. Listedprice unknowncompleted18 Nov 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 684 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $823/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 684 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Hillarys in one glance

Hillarys at a glance

12,146

People

$1,719,000

Median sale

$823/wk

Median rent

2.49%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Hillarys report →

Keep researching

  • Why Hillarys? Read the area thesis →
  • What else is on the market in Hillarys →
  • Other records on Banks Ave →

Listing material

Listed by Listed Estate Agents

Sorry! It's Gone - Under Contract!

Lucrative Development Opportunity

This property is zoned 'Centre' R80 mixed use

Offering unmatched versatility for residential and/or commercial development, this prime location boasts high visibility and convenience. Situated directly opposite Whitfords Shopping and Entertainment Centre, diagonally across from St. Mark's School, and close to beautiful beaches, parks, public transport, and all your daily conveniences.

Read the full description

Property Options:

- Residential and/or Commercial Development - Take advantage of the prime site with a 100% plot ratio and 3-4 storey height restriction (subject to approvals). Perfect for a sizeable development offering excellent returns on investment.

- For Example: A residential development comprising of 9 apartments of 76sqm each with a conservative current market sale value of over $700k per unit and a total price of over $6.3million

- Commercial Office or Business Premises – Convert the current house to a business premises and leverage its excellent high-exposure location.

- A Family Home - Move straight in and enjoy the existing residence.

This property forms part of the Whitford Activity Centre Plan.

Click here for more information: https://www.joondalup.wa.gov.au/awcontent/Web/Documents/Structure%20Plans/Whitfords-Activity-Centre-Plan.pdf

Property Features:

Spacious Living Areas

- Formal lounge with abundant natural light

- Open-plan, split-level living and dining area leading to the patio and pool, featuring reverse cycle air-conditioning

- Additional activity room or study

Functional Kitchen

- Double-door pantry

- Stainless-steel appliances

- Dishwasher

Master Bedroom Retreat (Upstairs)

- Reverse cycle air-conditioning

- Walk-in wardrobe

- Balcony overlooking the pool and yard

- Ensuite with shower, WC, and large vanity

Additional Bedrooms

- Bedroom 2: Reverse cycle air-conditioning and built-in wardrobe

- Bedroom 3: Built-in wardrobe

- Double-sized 4th bedroom/home office/theatre room with extensive cupboard space

Modern Bathrooms & Laundry

- Main bathroom with bath/shower and vanity

- Laundry with ample cupboard storage

Outdoor Entertaining & Amenities

- Large covered patio

- Salt chlorinated pool with Chemigem system

- Barbecue gas point off mains

- Fully enclosed front yard with spacious lawn and garden

Additional Features

- Huge powered shed/workshop/games room

- Fully reticulated gardens and lawns

- Double carport with automatic garage door

This information is for general guidance only, no warranty or representation is made as to its accuracy and should not be relied upon by any interested buying parties nor can the agent or seller be held liable or accountable for any details provided.

Listing description written by Barney Fleiser, Listed Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.