SOLD
Sold on 07 Mar 2024 for $520,000

31 Frond Circuit
Banksia Grove WA 6031

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 451m2
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Property Details for 31 Frond Cct, Banksia Grove

31 Frond Cct, Banksia Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 451m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Banksia Grove in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
107m2
Land Size
451m2
Local Government
Wanneroo
Lot/Plan
295/P020455

Last Listing description (April 2024)

Nestled in the tranquil neighbourhood of Banksia Grove, 31 Frond Circuit presents a sterling investment opportunity that savvy investors will find impossible to overlook. This delightful three-bedroom, one-bathroom house is perfectly poised on a generous 451 square metre plot, blending space with functionality to offer the ideal property for those looking to expand their portfolio.With 107 square metres of living space, the home offers an updated kitchen complete with modern finishes that will surely delight tenants. Two separate living areas provide ample space for relaxation and entertainment, ensuring a comfortable lifestyle for residents. The appeal of this property is further enhanced by its position on a quiet street, away from the hustle and bustle, yet maintaining easy access to local amenities.Outside, the sizeable backyard and charming patio area offer an excellent outdoor space for gatherings or a peaceful retreat for tenants to enjoy the Western Australia sunshine. The property also boasts a convenient parking space, catering to the practical needs of residents.Investors will appreciate the low-maintenance aspect of the home, paired with its solid potential for capital growth in the expanding Banksia Grove area. With a strong rental demand in this family-friendly suburb, 31 Frond Circuit represents not just a house, but a valuable asset waiting to yield returns.This property is a must-see for investors seeking a smart addition to their real estate investments. Don't miss the opportunity to secure this gem in the heart of Banksia Grove.

Property History for 31 Frond Cct, Banksia Grove, WA 6031

A timeline of how this property has performed in the market
Last Sold
$520,000
07 Mar 2024
Listed for Rent
$490/w
12 Dec 2022
  • 03 Apr 2024
    Listed for Sale Sold
  • 07 Mar 2024
    Sold for $520,000
  • 30 Nov 2022
    Listed for Rent $490 / week
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About Banksia Grove 6031

The size of Banksia Grove is approximately 4.7 square kilometres. It has 11 parks covering nearly 4.8% of total area. The population of Banksia Grove in 2011 was 4,718 people. By 2016 the population was 9,373 showing a population growth of 98.7% in the area during that time. The predominant age group in Banksia Grove is 30-39 years. Households in Banksia Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia Grove work in a trades occupation. In 2011, 76.1% of the homes in Banksia Grove were owner-occupied compared with 75.1% in 2016.

Banksia Grove has 5,229 properties. Over the last 5 years, Houses in Banksia Grove have seen a 102.71% increase in median value, while Units have seen a 102.98% increase. As at 31 October 2024:

  • The median value for Houses in Banksia Grove is $719,282 while the median value for Units is $528,978.
  • Houses have a median rent of $650.
There are currently 33 properties listed for sale, and 6 properties listed for rent in Banksia grove on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Banksia grove.

Suburb Insights for Banksia Grove 6031

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.