Back 24 Banks Avenue
Off Market

24 Banks Avenue

Hillarys WA 6025

3
1
14
714.75 m²
House
Vangelis KatsaitisVangelis Katsaitis, last sold this property on 20 March 2026 after 224 days on market.

Overview

Exclusive Investment Opportunity - High-Demand Mixed-Use Development Site!

THERE IS NO DUE DATE FOR THE SUBMISSION OF OFFERS FOR THIS PROPERTY. IT CAN SELL ANYTIME WITH NO PRIOR NOTICE FROM THE SELLER OR THE AGENT. THIS IS AN ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! THE SECOND BIGGEST BLOCK-VALUE LOT ACROSS WESTFIELD WHITFORD CITY MALL IS NOW FOR SALE! ALONG WITH THIS, TWO MORE ADJACENT LOTS 20 + 22 BANKS AV. MIGHT BE AVAILABLE TOO, TOTALING 2,348 m² IN AREA COVERAGE AND 106 m² FACADE ACROSS THE 78,000 m² OF WESTFIELD WHITFORD CITY! Imagine owning a prime piece of real estate in one of Perth's most vibrant and rapidly growing neighbourhoods. This R80-zoned property is a goldmine for developers and investors, offering endless possibilities for luxury apartments, modern offices, boutique retail spaces, or a premium family home. A "GOLDMINE-LOCATION" - Across the commercial goldmine of Westfield Whitford City which receives 8-10 million visitors per year, had a total retail spend of $8.6 billion in its Total Trade Area last year, annual retail spend per capita 11% higher than that of Perth Metro, and has a vacancy of only 2-4%! - Accessible through a plethora of options: Marmion Av., Whitford Av. and Mitchell Freeway, is well connected with all the surrounding suburbs, the coastline, the Northern suburbs and the city! - An unbeatable lifestyle destination for shopping, dinning, wellness, the beach, the parkland, the medical clinics, the offices, all accessible to 250,000 residents in a radius of 10 km. AN ONCE IN A MILLION PROPERTY! - Opportunity to build up to 4 storeys (Subject To Council Approval) with a 100% plot ratio, unlocking serious profit potential. - Opportunity for Instant rental Cash Flow Option: The existing structure has had leasing history as a commercial entity. - Buy & Forget: The median house price in Hillary's has gone up by 70% in the last 5 years! What a rare opportunity to Buy & Forget and enjoy the fruits of the capital growth of your investment for your Superannuation fund and your family in the years to come! ACT FAST: Today's affordable price could be tomorrow's regret! THERE IS NO DUE DATE FOR THE SUBMISSION OF OFFERS FOR THIS PROPERTY. IT CAN SELL ANYTIME WITH NO PRIOR NOTICE FROM THE SELLER OR THE AGENT (Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor or agent)

Features

3 bedrooms
1 bathroom
14 carspaces
714.75 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Hillarys over the last 12 months, the estimated median property value of 24 Banks Avenue is $1.25m.

Median value
$1.25m
Estimated value range
$900k - $1.75m
Median days on market
14
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hillarys. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Banks Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 20 Mar 2026 by Vangelis Katsaitis, of Excellence Property Specialists

Happy sellers in Hillarys

93%
93% of sellers in Hillarys reported that their sale price either exceeded or met their price expectations.

Hillarys stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Hillarys over the last 12 months.

Local market activity for 3 bedroom houses in Hillarys

In the last 12 months, 27 three-bedroom houses similar to 24 Banks Avenue, have been sold.

This represents a 33% increase in three-bedroom houses sales when compared to the previous 12 months.

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