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 › Elegant Rd
$930,000
Last sold
4 Feb 2026
4
Bedrooms
2
Bathrooms
5
Car spaces
375 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
$930,000
4 Feb 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
+9.1%
Median sale
Suburb $852,750
-0.36 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 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.
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 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?
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 Ray White Whiteman & AssociatesWELCOME! Ramona Proudly presenting this modern home built in 2024 and set on a 375sqm block in the growing suburb of Banksia Grove. Designed for comfortable family living with generous spaces and quality finishes throughout.
Property Features:
• Built in 2024 on a 375sqm lot
• Internal living area of approximately 165sqm
• Master bedroom positioned at the front with walk-in robe and private ensuite including shower, vanity, and toilet
• Separate theatre room, fully carpeted and well-sized
• Spacious open-plan kitchen, dining, and living area with sliding doors to the backyard
• Modern kitchen featuring stainless steel appliances, ample cabinetry, walk-in scullery, and walk-in pantry
• Bedrooms 2 and 3 both include walk-in robes
• Bedroom 4 features a mirrored double-door built-in robe
• Main bathroom conveniently located near secondary bedrooms
• Large double-door, wall-to-wall linen cupboard
• Tidy laundry with stone benchtop, stainless steel sink, and direct access to the backyard
• All bedrooms carpeted for comfort
Outdoor Features:
• Fully paved backyard from side access through to the undercover alfresco area
• Lawn area with fresh grass, ideal for kids or pets
• Low-maintenance outdoor living and entertaining space
• This well-designed home offers space, functionality, and modern living in a family-friendly location close to schools, parks and amenities. An excellent opportunity for families, first-home buyers, or investors alike.
This well-maintained large family home will have a lot of interest so if you don't want to miss the opportunity to view this property, please contact Ramona via phone: 0424 356 767 or email: ramona.route@raywhite.com
Additional information:
Built Year: 2024
Live-in area: 165m2
Lot area: 375m2
Council Rates: $ 2,300 approx
Water Rates: $1,283.22 approx
LOCATION:
• Banksia Grove Shopping precinct featuring Coles, Woolworths & Aldi
• Skate Park
• Approximately 12 tranquil local parks to choose from
• Numerous Cafe's, local eateries and fast-food options
• 3x Gyms: Snap fitness, Plus Fitness and Revo fitness
Transportation: (Approximate only)
• 10 Mins drive to Currambine Train Station
• 11 Mins to Mitchell Freeway
• Bus route throughout Banksia Grove to Joondalup train station
• 12 minutes' drive to the Burns Beach foreshore
Disclaimer: Although every effort has been made to ensure the accuracy of the information provided, it cannot be guaranteed. References to schools do not guarantee availability, and distances are approximate and sourced from Google Maps. Buyers are encouraged to make their own enquiries to verify all details.
Listing description written by Ramona Route, Ray White Whiteman & Associates — reproduced as published, not verified by Districts.