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 › Potoroo St
$935,000
Last sold
13 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
388 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
$935,000
13 Apr 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
+9.6%
Median sale
Suburb $852,750
-0.39 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 388 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 388 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 PerthWe are thrilled to present this charming family home, perfectly positioned in the heart of beautiful Banksia Grove and conveniently located close to all essential amenities. Combining style, elegance, and modern comfort, this stunning residence offers an ideal opportunity for families, first home buyers, and investors looking to secure a foothold in a thriving and growing community.
The home features four well-sized bedrooms and two modern, fully tiled bathrooms, complemented by reverse cycle air conditioning for year-round comfort. At the heart of the home is a spacious open-plan living area highlighted by impressive vaulted high ceilings that create a sense of space and light. The kitchen and living zones flow seamlessly to the outdoor entertaining area, complete with a built-in BBQ space and a lovely alfresco that is perfect for hosting family and friends.
Throughout the home you'll notice the striking black and white interior colour palette used by Summit Homes, along with a beautifully polished feature wall in the living area that adds character and style.
Designed for a cosy yet practical family lifestyle, this home is also perfect for those seeking a lock-up-and-leave property with low maintenance appeal. The location is incredibly convenient, with easy access to freeway entrances, train stations, local parks, shopping centres, schools, and other everyday amenities, making daily living simple and enjoyable.
- THE FEATURES YOU WILL LOVE
• Main bedroom offers fantastic views of the surrounding area, ducted air conditioning, a spacious walk-in robe, and an exquisite fully tiled ensuite with a large shower, mirrored shelving, plenty of bench space, and a vanity
• Large open plan living area with and ducted reverse cycle air conditioning, complemented by soaring vaulted high ceilings – truly something you need to see to believe – plus a stylish feature wall.
• Dedicated theatre room, perfect for movie nights and relaxing with family.
• LED downlights throughout the home.
• Beautiful low-maintenance flooring throughout.
• Modern open plan kitchen featuring 900mm Inalto appliances including a 900mm oven and dishwasher.
• Plenty of bench space with a breakfast bar and a well-crafted hexagon splashback.
• Walk-in pantry with plenty of space for overhead cabinetry.
• Three well-sized secondary bedrooms, all with double sliding built-in robes.
• Main bathroom fully tiled and equipped with a shower, built-in bath, and vanity.
• Separate WC for added convenience.
• Triple-sized linen cupboard providing excellent additional storage.
• Spacious alfresco with ceiling fan and extended patio area, perfect for the BBQ and outdoor entertaining.
• Paved backyard with limestone garden beds.
• Well-groomed grassed area.
• Vegetable garden with chillies, cucumbers, and spring onions.
• Rear garden shed.
• Exposed brick exterior.
• Ducted reverse cycle air conditioning.
• Solar panels – 20 panel system (5kW).
• Instantaneous hot water system.
• Secure remote-controlled garage.
• Roller shutter in the garage allowing side access.
Property Details
• Block Size: 388 sqm
• Built Year: 2022
• Builder: Summit Homes
• Council Rates: Approx. $1,700 p.a.
• Water Rates: Approx. $1,200 p.a.
Banksia Grove Suburb Overview
• 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 beautiful banksia has to offer, this is a rare opportunity to secure the perfect home, you can share with family and friends.
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.
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