Craigie at a glance
7,335
People
$990,000
Median sale
$684/wk
Median rent
3.59%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Craigie › Bullara Rd
$870,000
Last sold
8 Jan 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
693 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$870,000
8 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Craigie (last 5 years) with land size have a median of $1,595/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
Craigie at a glance
7,335
People
$990,000
Median sale
$684/wk
Median rent
3.59%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Craigie
-12.1%
Median sale
Suburb $990,000
+0.50 pp
Gross yield
Suburb 3.59%
Suburb median $990,000 from 83 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 693 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 $684/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 693 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
Craigie at a glance
7,335
People
$990,000
Median sale
$684/wk
Median rent
3.59%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Platinum Realty GroupDiscover the perfect blend of comfort, style, and opportunity at this charming 4-bedroom, 1-bathroom home situated on a generous 693m² corner block in the heart of Craigie. This property is not only designed for family living but also boasts significant potential for future development.
Key Features:
Spacious Living: The home features four well-sized bedrooms, providing ample space for the whole family. The inviting living area flows seamlessly into the dining space, perfect for both everyday living and entertaining. Complete with Air-conditioning.
Well-Equipped Bathroom: The centrally located bathroom is functional, ensuring convenience for family and guests alike.
Stunning Outdoor Entertaining: Step outside to your beautiful outdoor entertainment area, ideal for hosting gatherings or enjoying quiet evenings under the stars. The area is perfectly complemented by a sparkling swimming pool, providing a refreshing escape during warm summer days.
Ample Parking: The property includes plenty of parking options, accommodating multiple vehicles and guests with ease.
Prime Location: Enjoy the convenience of being near all local amenities, including schools, parks, shopping centers, and public transport, making daily life a breeze.
Development Potential: Situated on a corner block, this property offers exciting opportunities for future development (subject to council approval). Whether you're looking to expand your home or explore investment possibilities, the potential here is immense.
Conclusion:
1 Bullara Road is a rare find that combines family-friendly features with the potential for growth. Whether you envision a vibrant family lifestyle or future development, this property ticks all the boxes. Don't miss out—contact me today to arrange a viewing and explore the possibilities!
Listing description written by Kerry Davey, Platinum Realty Group — reproduced as published, not verified by Districts.