52 Tussock Elb, Banksia Grove WA 6031

52 Tussock Elb, Banksia Grove WA 6031
4 bedrooms, 2 bathrooms, 2 car spaces on 539 square metres. Built in 2010 as a single-storey house with 217 square metres of internal floor area. This property is positioned competitively within Banksia Grove as a well-proportioned family house on a manageable lot. Its 4-bedroom, 2-bathroom configuration with dedicated parking aligns with the most sought-after family stock in the suburb, offering practical space without excessive land maintenance. The 2010 build is relatively modern, which typically appeals to buyers seeking contemporary layouts and lower immediate maintenance needs. This house serves best for young to middle-aged families looking for a functional, established home in a planned residential community that offers good access to local amenities. The historical sale data indicates significant price appreciation since 2020, which may reflect broader market movements in the area. The estimated rental income, likely around $2,300 per week based on market context, suggests strong rental demand for this configuration. Buyers should weigh whether the current listing price fully accounts for the property’s age and standard finishes, as no premium upgrades are indicated. The slightly smaller land size compared to some neighbours might influence long-term value growth potential, though the efficient floor plan could offset this for practical family living.
Detailed Independent Property Report prepared  by PropCred Analyst team for 52 Tussock Elb, Banksia Grove WA 6031
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Banksia Grove is a robust residential market characterised by strong buyer demand and rapid sales, indicating a competitive environment. Recent price growth has been significant, reflecting sustained interest from families and investors attracted by its established housing stock. This momentum is supported by solid rental performance and consistent transaction volumes. Future growth will hinge on broader economic conditions and the suburb’s ability to maintain its appeal amidst potential affordability pressures.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

-

Land

539m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat