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 › Russell Rise
$900,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
4,892 m²
Land
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
Asking
$900,000
Asking · $184/m² of land
No recorded sale for this property.
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
-33.3%
Median sale
Suburb $1,350,000
+1.48 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.
$41,391 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Gelorup's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 4,892 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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 4,892 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 BunburyGelorup is on most buyers' wish list! The peace, the quiet, the privacy! But best of all, the space.
1 Russell Rise, Gelorup, offers all of this and more. Situated on an elevated 4,892 m²* corner block, this updated 3-bedroom, 2-bathroom home needs to be on your viewing list if Gelorup has ever been a dream location.
The block is fully fenced, so safe for the kids or fur babies. I love driving into these properties through the true farm gate; it reminds you you're out of suburbia.
The driveway leads up to a powered 6 x 6 m* lock-up garage, with easy access directly to the huge verandas that wrap around the entire home, as every Australian home should have, to protect from the heat in summer.
The front porch looks beautifully over the front of the block, without a neighbour in sight.
As you walk inside, you instantly notice the renovations, considering the home was built in 1991, back when they were built for standard, not just a price.
Updated easy-care vinyl strip flooring flows throughout. At the far end of the living area, the spacious updated kitchen offers more than ample bench space, updated appliances with a glass hot plate and under-bench oven, and a glass splashback completing the perfect picture. Ample room for a decent fridge and, of course, a corner pantry, with the breakfast bar ready for barstools. The stunning kitchen is a feature of the living room, while being practical as well.
The open-plan family room then allows for a meals area as well, but with a full wall of glass looking out over the yard to admire the tall trees.
At the far end of the home, the theatre room lies, behind that is the master bedroom, with a walk-in robe and the newly added ensuite in quality tiling and neutral colours.
The master bathroom has also been updated, transforming this home to modern convenience.
With another two generous bedrooms, making this 3-bedroom, 2-bathroom perfect for the family or even retirees.
On the outside, everything you expect, including bore and reticulation, solar panels, alarm system, and a fabulous outdoor entertaining area for those lovely summer afternoons.
It is with much regret that, after building their dream home and raising the family here for over 35 years, these owners are now ready to downsize, so time for another family to enjoy a home that has been well cared for and treasured. Then go no further than 1 Russell Rise, Gelorup, be at this week's home open.
Contact exclusive Agent and Auctioneer Roslyn Ierace on 0407 529 398
• 1991 built home
• 4,892 m²* elevated corner block
• 3 bedroom, 2 bathroom
• Renovated kitchen with glass splash back
• Renovated ensuite
• Renovated master bathroom
• Easy care vinyl strip flooring
• Walk-in robe to master
• Double built-in robes to minor bedrooms
• Alarm system
• Full length verandas
• 6 x 6m* powered double garage
• Ducted reverse cycle air-conditioning
• 6 kW solar panels
• Bore and reticulation
• Fully fenced inside of boundaries
Council rates 2025-26 $2,532.02*
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.
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