Back 38 Mangrove Circuit
Off Market

38 Mangrove Circuit

Banksia Grove WA 6031

3
1
2
95 m²
544 m²
House
Last sold for $730,000
Mike GjestlandMike Gjestland, last sold this property on 14 January 2026 after 34 days on market.

Overview

Neat & Well-Presented Investment Gem w/ Powered Shed

This neat and tidy 3×1 home built in 2000 offers the perfect combination of low-maintenance living and strong rental appeal. Thoughtfully designed, the property features functional spaces, seamless indoor–outdoor flow, and all the essentials tenants look for in a comfortable home. Set on a generous 544m2 block with practical extras, this home represents an exceptional investment opportunity—whether you're adding to your portfolio or seeking a reliable, long-term rental property. Features include but not limited to: * Split-system air conditioning to the main living space * Impressive 6m x 4m powered shed — ideal as a workshop, hobby space, or extra storage * Separate lounge room to the front of the home — ideal for movie nights or quiet relaxation * Open-plan kitchen, living, and dining area * Well-appointed kitchen featuring ample bench space, complete with modern appliances, overhead storage * Master bedroom with split system aircon and walk in robe * Minor bedrooms are a decent size with built in robes * Main bathroom is a semi ensuite with access to master suite and includes a separate bath * Laundry with external access, offering practical bench space, built-in trough, and a convenient layout * Large patio area, paved underfoot — perfect for weekend gatherings, outdoor dining, or a cosy alfresco setup * Garden shed located to the left of the carport * Double carport with shopper's entry and also rear yard gated access RENT POTENTIAL: Secure investment opportunity with a lovely long-term tenants in place until 24/11/26, paying $615 per week. 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.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
95 m² floor area
544 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Banksia Grove over the last 12 months, the estimated median property value of 38 Mangrove Circuit is $730k.

Median value
$730k
Estimated value range
$580k - $899.76k
Median days on market
21
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Banksia Grove. 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 38 Mangrove Circuit

2026
Sold
$730,000
14 Jan 2026 by Mike Gjestland, of Rize Real Estate
2024
Rented
Undisclosed
Leased on 18 Dec 2024 by Davey Real Estate Padbury
2024
Rented
Undisclosed
Leased on 18 Dec 2024 by Davey Real Estate Padbury

Happy sellers in Banksia Grove

90%
90% of sellers in Banksia Grove reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 81 reviews in Banksia Grove over the last 12 months.

Local market activity for 3 bedroom houses in Banksia Grove

In the last 12 months, 95 three-bedroom houses similar to 38 Mangrove Circuit, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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