Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
WA › Gwelup › Settlers Circle
$1,251,000
Last sold
31 Jan 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
491 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
$1,251,000
31 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,558/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-24.4%
Median sale
Suburb $1,655,000
+0.93 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 491 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 $913/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 491 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thought Leaders Real EstateNick & Jo Are Honoured To Present 1 Settlers Circle.
*All Offers are to be submitted through Market Buy (Ask Nick & Jo)*
Parkside Tranquillity and Perfection!
Absolutely immaculate throughout, this sublime 4 bedroom, 2 bathroom family home in "The Willows" estate is nestled on a commanding 491sqm corner block that sits opposite an intimate local park and is also situated very close to picturesque lakeside parklands, Gwelup's enchanted "Secret Garden", fantastic children's playgrounds and the prestigious Lake Karrinyup Country Club. It is safe to say that its location is just as impressive as this property's stunning series of internal and external features. This is where dreams are made!
Features include, but are not limited to:
• Whilst a carpeted formal lounge room welcomes you inside, gorgeous double French doors reveal access into an open-plan kitchen and dining area with gleaming Tasmanian Oak wooden floorboards, a built-in stone study/computer nook, a skylight, stylish light fittings, sparkling stone bench tops, wine racking, quality tapware, a double storage pantry, an appliance nook, a gas cooktop, an AEG oven, a range hood and a large multi-person breakfast bar – all overlooking the sunken carpeted family room (with a ceiling fan and gas bayonet for heating)
• A versatile 4th bedroom or home office off the entry, behind the privacy of double doors – with the carpeted queen-sized 2nd and 3rd bedrooms both playing host to their own built-in wardrobes and serviced by a linen press, a separate spare toilet and a fully-tiled main family bathroom with a rain shower, separate bathtub and a stone vanity
• Also carpeted for comfort is a spacious rear master suite with a ceiling fan, stylish bedside pendant light fittings, a fitted walk-in robe and a sumptuous fully-tiled ensuite bathroom – bubbling spa bath, rain shower, twin "his and hers" stone vanities, separate toilet and all
• Off the dining space, you will find a generous rear outdoor alfresco-entertaining area with a fan, quality BOSE audio speakers and low-maintenance artificial turf – plus a side-access gate to the front garden
• Huge remote-controlled double lock-up garage with internal shopper's entry, rear-garden access, ample built-in storage space and drop-down-ladder access up to a massive 24sqm (approx.) storage attic with a light
• Extras of this 2002-built property include a feature entry door off a wraparound entry verandah, a well-appointed laundry with a stone bench top, a walk-in storeroom and external access, a 5.5kW solar power-panel system, a Daikin ducted reverse-cycle air-conditioning system, a security-alarm system, a ducted-vacuum system, a gas hot-water system, teakwood-lined eaves, manicured gardens, reticulation and lush front and side lawns
You will absolutely love living so close to bus stops, the freeway, Hamersley Public Golf Course, Carine Senior High School, Lake Gwelup Primary School, Primewest Gwelup Shopping Centre, beautiful Lake Gwelup itself, Stirling Train Station, glorious beaches, other top educational facilities and the exciting Karrinyup Shopping Centre redevelopment that has just been completed. This really is position perfect!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.