Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
$892,500
Last sold
26 Mar 2025
4
Bedrooms
2
Bathrooms
6
Car spaces
4,002 m²
Land
225 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$892,500
26 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Gelorup (last 5 years) with land size have a median of $188/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Gelorup
-33.9%
Median sale
Suburb $1,350,000
+1.52 pp
Gross yield
Suburb 2.97%
Suburb median $1,350,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 4,002 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $770/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 4,002 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburySOLD by Roslyn Ierace using Openn Negotiation!
Gelorup is such a dream location, and this 1 acre* of paradise is a big corner block in the sought-after estate of Sleaford Park in Gelorup.
Fully fenced for the safety of kids or animals, the hot mix driveway leads around and up the double garage with a reversing area, and also to the man sized powered highline workshop, with air conditioning, mezzanine floor, plumbing, and 3 metre* opening.
Inside, the double door entry leads to a formal lounge at the front with feature glass to give privacy and separated from the rest of the home by a French door to help with heating and cooling different zones!
The main bedroom is spacious, and the ensuite has quality fittings, semi frameless shower screen, crisp white wall tiling, and a big mirror.
Stunning tiled floors flow from the front door throughout the open plan living in the centre of the home with family/meals overlooked by the updated kitchen where granite benches abound!! With more than ample cupboards and drawers, the storage in this kitchen is a breeze - a big corner pantry, microwave shelf, and utility cupboard.
Then at the rear, the separate theatre room with surround sound wired through at the rear will be the family's favourite room, but only when they're not using the stunning gabled patio outside, with well-known quality Delray patio blinds for year-round protection enclosing the outdoor room, which also includes pizza oven, built-in BBQ and workbench. The cedar-lined ceiling as a feature, No BBQ with friends will ever be just a BBQ again...it will be a year-round party!
So, 3 living areas inside and 1 out, plenty of room for all! The bedrooms at the rear of the home all hold queen size beds and the main bathroom is done in stunning teal green and white tiling.
And of course, the home features all the extras you want… bore, automatic reticulation, and very manageable gardens! Solar hot water system, solar panels, as well every aspect of year-round comfort has been accommodated to save you a penny as well.
It is now ready for the new owner to come in and update a few things, to make it their dream home for years to come!
Call Exclusive Agent and Auctioneer Roslyn Ierace today on 0407 529 398
• 2000 built brick and tin roof
• 5 bedroom, 2 bathroom
• 4,002 m²* corner block
• 225 m²* of living
• Three living areas
• Stone Benchtops to kitchen
• Freestanding stainless-steel stove
• Tiled living areas
• Woodfire
• Ceiling fan and air conditioning to the master bedroom.
• Skirting boards
• Fully fenced
• Solar panels
• Solar hot water system
• 12 x 8m* powered workshop with 3m opening
• Hot mix driveway
• Large cedar-lined gabled alfresco
• Patio blinds to alfresco
• Pizza oven + Built-in barbecue
Shire rates $2,790.03*
No Sewer Available - No water rates
This property is for sale by Openn Negotiation (Online auction with flexible conditions)
The auction has commenced, and the property could sell as early as tomorrow.
Contact Exclusive Agent Roslyn Ierace immediately to become qualified or you could miss out!
(The sellers reserve the right to sell prior) Register to watch the auction at openn.com.au
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Listing description written by Roslyn Ierace, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.