14 Montane Turn, Banksia Grove WA 6031
14 Montane Turn, Banksia Grove WA 6031
Quiet family street | 4×2 house format | low-maintenance block | bushfire overlay present | strong rental interest
This property sits in an established residential pocket where the standard is a detached family house with four bedrooms, two bathrooms, and generous parking. The layout is practical rather than showy, with open-plan living, a double garage, and simple outdoor entertaining space. It serves a first-home buyer or young family well, offering modern stock that is easy to maintain and close to schools, a shopping village, and parkland. The street itself is settled and calm, and the consistent buyer interest in this format suggests it holds its value without relying on any single standout feature.
Condition and presentation may affect the eventual price more than location alone, given the uniformity of the street stock. A property that has been freshened with new paint or flooring might sit toward the upper end of expectations, while one needing cosmetic updates could attract more cautious offers. The bushfire overlay is worth weighing for insurance costs, though it is common across the area and does not appear to have suppressed demand. Buyers might also consider the modest block size, which suits low-maintenance living but limits extension potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Montane Turn, Banksia Grove WA 6031
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Banksia Grove is a north-eastern Perth suburb positioned as a mid-market family location, with demand driven by buyers seeking detached housing below the Perth median. House prices have risen sharply, with median values spanning $700,000 to $768,250 depending on the source, and annual growth of 13% to 17.7% over the past year. Market conditions are tight; median days on market range from 8 to 11 days in most data, indicating strong buyer competition, though one source reports a slower 40-day figure. Rental demand is robust, with median house rent at $720 per week and gross yields around 4.8% to 4.9%, supporting investor interest. Sales activity is solid, with roughly 115 to 265 houses transacted annually across sources. Growth is underpinned by affordability relative to established Perth suburbs and tight supply, but risks include rising rate sensitivity and potential price correction after such rapid appreciation.
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PropCred Estimated Value
44 Montane Turn sold at $715,000 in late 2024, and 16 Montane Turn recently sold with a similar 4×2 format. A broad indicative range for 14 Montane Turn is $700,000 to $760,000. Lower end reflects dated presentation or smaller land, upper end applies if the house is freshly updated and well kept. T
Bedrooms
4
Bathroom
2
Parking
3
Land
527m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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