12 Hyden Road, Banksia Grove WA 6031
12 Hyden Road, Banksia Grove WA 6031
Spacious 560m² block | 206m² family home | Built 2012 | In-ground pool | Bushfire overlay noted
This house stands out in Banksia Grove because it offers a genuinely larger landholding than most of the newer stock in the suburb, where blocks often fall in the low-to-mid 300m² range. The 560m² parcel with a 206m² dwelling gives it a more established, family-oriented feel, and the in-ground pool, shed, and outdoor entertainment area add a lifestyle layer that typical volume-built homes in the area don’t match. It’s best suited to a family or an owner-occupier moving up from a smaller property, who wants yard space, modern finishes, and a solid school catchment without leaving the northern growth corridor.
The bushfire overlay is the main factor that may shape buyer perception, though it’s not uncommon in this part of Perth and doesn’t necessarily affect everyday living. The 2012 build date places it in the established phase of the estate, which means it’s not the newest product on the market, but it also means the landscaping and street setting are likely more settled. Rental demand appears steady for larger family homes here, so the property may hold appeal for an investor, though the implied yield is moderate rather than exceptional. Buyers should weigh the pool’s maintenance and the overlay’s insurance implications when forming a view on price.
|| Comparable Sales: 121 Joseph Banks Boulevard sold around $779k for a smaller 318m² block; 300 Joseph Banks Boulevard area listed near $710–740 pw rent | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, pool and outdoor living, established estate position
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Hyden Road, Banksia Grove WA 6031
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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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
Comparable Sales: 121 Joseph Banks Boulevard sold around $779k for a smaller 318m² block; 300 Joseph Banks Boulevard area listed near $710–740 pw rent | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, pool and outdoor living, established estate position
Bedrooms
3
Bathroom
2
Parking
2
Land
560m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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