23/06/2026
📍 21 Genus Road, Banksia Grove
Leased at $875 per week.
The median rent in Banksia Grove is currently sitting around $750 per week, which is why I often remind investors not to focus solely on suburb averages.
Averages are helpful, but tenants don't rent the average property.
They rent a specific property.
The presentation, floor plan, features, location, competition and marketing strategy can all influence the final outcome.
Every property should be assessed on its own merits, which is why local knowledge and understanding tenant demand is so important when determining the right pricing strategy.
For this property, settlement took place on 19 June, the first home open was held the following day, applications were processed and approved by 22 June, and the new tenant moves in on 25 June.
A fantastic result for my clients, achieving a rental return well above the suburb median while minimising vacancy from day one.
Helping investors maximise rental returns and protect the long-term value of their investment across Perth's northern corridor.