Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Bennett Springs › Illume Way
4
Bedrooms
2
Bathrooms
2
Car spaces
450 m²
Land
275 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bennett Springs (last 5 years) with land size have a median of $1,540/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
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 450 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 $728/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 450 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
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Link Residential Osborne ParkLocated in Illuma Private Estate lies this brand new display home from an award-winning builder, Terrace Homes is available for purchase at a 5% return per annum.
Known as The Corella, this not your average 4 bedroom 2 bathroom property, which is immediately obvious from its impressive outward appearance. Fronted by a lovely garden, it features a stunning yet neutral exterior. Picture yourself driving home into your double garage to your own sanctuary.
The custom elevation provides ample character with weatherboard cladding, rendered mouldings and feature cladded gables. Finished in crisp white tones, this simplified colour palette continues into the home. With neutral earthy tones, the subtle shifts in texture and materials layer together to accentuate and allow you to enjoy the openness and retreat-style feel of the home.
This 15m wide property is unique in that the butler's kitchen is the centrepiece, forming the heart of the home, connecting all the internal living areas with the alfresco so it's perfect for those who love to entertain. The home is also extensively glazed to allow natural light to flow through into the dedicated living spaces to create a gloriously expansive home design!
At the front of the home, the master suite hits the mark by introducing the much-loved openness that everyone has on their wish list! The huge walk in robe and ensuite allow a walk-through design to create flow and harmony. A large theatre is located off the entry passage before we open to the hero of the home, the crisp white kitchen and scullery pod, paired against an oak tone floor, opens to a huge dining area, which is separate to the north-facing living space.
Minor bedrooms can be transformed into office spaces and/or guest retreats, finished with soft furnishings enhancing the tones found within the landscape of the Iluma estate. Each space is light-filled and spacious, with a calming and graceful atmosphere.
Property features:
- Display home upgrades throughout
- High ceilings in various parts of the property
- Spacious theatre room
- Dream entertainer's kitchen with ample storage
- Master with huge walk in robe and ensuite with double vanity
- Large kitchen benchtop with waterfall feature
- Double oven with integrated dishwasher and fridge
- Large living and dining area
- Feature scullery pod
- Upgraded laundry trough
- Low maintenance landscaping
Location benefits
- Approx. 6 minute drive to Caversham Village Shopping Centre
- Approx. 4 minute drive to Caversham Primary school
- Approx. 4 minute drive to Riverland Montessori School
- Walking distance to Sikh temple
- Approx. 21 km from Perth CBD
- Approx. 17 minute drive to Perth Airport
- Approx. 15 minute drive to Midland Gate Shopping Centre
- Approx. 11 minute to Guildford Train Station
- Close to Swan Valley's wineries, breweries and cafes
Don't miss out on this unique income opportunity! Receive tremendous amount of value when you purchase this stunning display home. This home is fitted with high specifications and above standard finishes that showcase the builder's product and expertise. You receive plenty of quality extras that would typically cost tens of thousands of dollars.
When you purchase a display home with a leaseback agreement, you will receive the rental income from the builder for the life of the display home. As an owner, you only pay for rates, landlord insurances and applicable taxes*. Everything else is paid for!
- Guaranteed Rental Return from Day 1
- Guaranteed 5% per annum Rental Return
- No Property Management Fees
- No Maintenance Fees
- Award Winning Builder tenant who will maintain the property to a high level of presentation
Please Note: Finance Institutions typically require buyers to have a minimum 20% deposit plus fees in order to purchase a display home with a leaseback. Please consult with your bank or mortgage broker before enquiring
Please visit nowlivingrealty.com.au/finance for more information on the eligibility criteria for the First Home Owner's Grant*. Furniture installed in the property is for display purposes only. Please enquire for any specifics on the leaseback agreement. Visit http://www.nowlivingrealty.com.au/disclaimer/ for more information on disclaimer.
Listing description written by Brian Anthony, Link Residential Osborne Park — reproduced as published, not verified by Districts.
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