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 › Teasel Way
$850,000
Last sold
16 May 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
550 m²
Land
279 m²
Building
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
$850,000
16 May 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
-0.3%
Median sale
Suburb $852,750
+0.01 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 550 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 550 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 @realtyDiscover your dream family haven in this expansive 5-bedroom masterpiece, perfectly positioned in the thriving suburb of Banksia Grove. This impressive residence, boasting 279 square meters of thoughtfully designed living space, sits proudly on a generous 550-square-meter block, offering the perfect balance of indoor comfort and outdoor entertainment.
Step inside to experience a home that caters to modern family living with exceptional style. The master suite features a private ensuite with large shower and seperate toilet, His and Hers built-in wardrobes, while three additional bedrooms provide comfortable accommodation for the whole family , plus a a study or 5th bedroom.
Featuring Spacious open plan living dining kitchen and scullery, plus additional living space or games room/ home office or dedicated study offering a perfect work-from-home solution. Plus a
seperate large carpeted theatre/media room.
The home's entertainment credentials are impressive, featuring:
• A versatile rumpus room for family recreation
• Hybrib flooring in living area
• A modern functional kitchen equipped with modern appliances, sleek benchtops and ample storage plus a sculery which provide more workspace and convenient storage,
• Built-in storage solutions throughout
• Energy-efficient solar panels
• Ducted reverse cycle zoned air conditioning throughout for year-round comfort and ceiling Fans
• plantation shutters on windows in master bed and living
Outdoor living is a true highlight with multiple spaces to enjoy:
• An inviting Alfresco entertainment area with built-in Pizza oven, outdoor blinds, perfect for hosting gatherings
• A private courtyard for peaceful relaxation, boosting both natural and artificial lawns
• 2 Practical garden sheds, one powered, for additional storage or workshop
• Remote-controlled double garage offering secure parking
This property represents smart living in a rapidly growing community. Banksia Grove has experienced significant development, transforming into a vibrant suburb with modern amenities and infrastructure. The location offers an enviable lifestyle with everything at your doorstep:
• Walking distance to Banksia Grove Village shopping centre featuring Coles, Woolworths, and Aldi
• Multiple education options including Joseph Banks Secondary College and three primary schools
• The stunning Discovery Park featuring an amphitheatre and Pitstop Park adventure playground
Connectivity is a key feature of this location, with efficient public transport options connecting you to Joondalup Station and the broader Perth region. The property is just 27km from Perth CBD and only 8km from the coast, offering the perfect balance of suburban tranquility and urban convenience.
The home's modern features extend to high-speed internet connectivity, with the property enjoying access to the NBN network, ensuring you stay connected for both work and entertainment needs.
Don't miss this opportunity to secure your place in one of Perth's most progressive and family-oriented communities. This thoughtfully designed home offers the perfect foundation for creating lasting memories while providing all the conveniences of contemporary living.
Call Nadine Rofail 0449011461 to register your interest now!
Disclaimer: This information is provided for general purposes only and is based on data available from the Seller and online sources. No warranty or representation is made as to its accuracy, and interested parties should conduct their own independent inquiries.
Listing description written by Nadine Rofail, @realty — reproduced as published, not verified by Districts.
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