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.
WA › Gelorup › Marchetti Rd
$513,000
Last sold
18 Sept 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
4,894 m²
Land
105 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
$513,000
18 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Gelorup (last 5 years) with land size have a median of $200/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
-62.0%
Median sale
Suburb $1,350,000
+4.84 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 4,894 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 4,894 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!
Dream of living in the bush, on a quiet peaceful treed, 1-acre block? Then have I got the home for you!
1 Marchetti Road, Gelorup, has been owned by the same owner for over 20 years…
As I wander around the block, along the well-kept firebreaks, the wildflowers are starting to pop up, and in a few months will be in full bloom, including donkey orchids, pink fairy orchids and of course everybody's favourite Spider orchids, nestled amongst Jarrah trees and so many healthy Banksia's, the block is just a treat. With near-new fencing across the rear and to the left-hand side of the property, the right-hand side could do with an update if you had pets.
The 1981-built, steel-framed home has wide verandas and an enclosed patio at the rear.
The home boasts more than ample space with three big bedrooms and a huge open living area. With an updated bathroom, a well-equipped laundry patio at the rear, and a renovated kitchen, it is just a treat!
But it does need some updates, the property is ready for new floor coverings through the living area, a fresh coat of paint, and basically ready for you to add your own touches to make it yours!
But the bonus is the price will make it affordable, and completely liveable then add your own touches as you go..
As many of the bore's in Gelorup have dried up this year, so has this one, so it needs to be drilled deeper, to supply water for the home.
This will be a bargain, and not last long so call Exclusive Agent and Auctioneer Roslyn Ierace today 0407 529 398
• Large 4,894* m² block.
• Steel framed 1981 built home
• 3-bedroom, 1-bathroom
• Open Plan living area
• Updated kitchen
• Updated bathroom
• Wide verandas
• Patio
• The property has septic tanks
• Gas bottles
• Bore has dried up, so needs to be sunk further or a water tank added to the property.
Shire $1,911.43*
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 www.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.