20 Formosa Way, Banksia Grove, WA 6031 sold on 27 February 2025 | OnTheHouse
SOLD
Sold on 27 Feb 2025 for $600,000

20 Formosa Way
Banksia Grove WA 6031

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 224m2
Sold By
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Mike Gjestland
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Property Details for 20 Formosa Way, Banksia Grove

20 Formosa Way, Banksia Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 224m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Banksia Grove in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
98m2
Land Size
224m2
Local Government
Wanneroo
Lot/Plan
1173/P068134

Last Listing description (August 2025)

A delightful 3bed/2bath residence located in the heart of Banksia Grove. This inviting home offers a perfect blend of comfort and modern living, ideal for families seeking a serene suburban lifestyle.

* Open-plan living and dining spaces designed for family gatherings and entertaining.
* Ducted reverse cycle air conditioning throughout.

* Well equipped and spacious kitchen with an stone benchtop and stainless steel appliances, gas stove, and dishwasher recess.
* Master en-suite with a queen sized bed, walk-in robe and an ensuite with storage spaces,, and a spacious shower.
* Two well-sized bedrooms perfect for children or guests.
* Roller Shutters for amazing lock up and go security.
* Artificial grass to front and fully paved to rear for genuine 100% zero maintenance.
* Walking distance to shops and walking distance to bus route to Joondalup.

Contact Mike today for a private viewing!

Banksia Grove in a snap shot:
* Banksia Grove Shopping precinct featuring Coles, Woolworths & Aldi
* Skate Park
* Approximately 12 tranquil local parks to choose from
* Numerous Cafe's, local eateries and fast food options
* 3x Gyms: Snap fitness, Plus Fitness and Revo fitness

Transportation: (Approximate figures only)
* 9 Minutes drive to Currambine Train Station
* 10 Minutes to Mitchell Freeway
* Bus route throughout Banksia Grove to Joondalup train station
* 12 minutes drive to the Burns Beach foreshore

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 20 Formosa Way, Banksia Grove, WA 6031

A timeline of how this property has performed in the market
Last Sold
$600,000
27 Feb 2025
Listed for Rent
$640/w
27 May 2025
  • 30 Apr 2025
    Listed for Rent $640 / week
  • 27 Feb 2025
    Sold for $600,000
  • 14 Jan 2025
    Listed for Sale UNDER OFFER - Offers from $599k
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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 2016 was 9350 people. By 2021 the population was 11351 showing a population growth of 21.4% 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 2021, 75.30% of the homes in Banksia Grove were owner-occupied compared with 75.10% in 2016.

Banksia Grove has 5,296 properties. Over the last 5 years, Houses in Banksia Grove have seen a 108.23% increase in median value, while Units have seen a 125.82% increase. As at 30 November 2025:

  • The median value for Houses in Banksia Grove is $815,266 while the median value for Units is $672,101.
  • Houses have a median rent of $700.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Banksia grove on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Banksia grove.

Suburb Insights for Banksia Grove 6031

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.