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WA › Treeby › Olivine Rd

10 Olivine Rd, Treeby WA 6164

For saleHouse for Sale

$985,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

313 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $985,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $985,000(Listing record · 1 July 2026)
  • FactLand 313 m²; no building size recorded.(Property record)
  • CalculationAsk is 2% below the Treeby median recorded sale ($1,000,000, n=61, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Treeby's advertised median rent ($766/wk), implied gross yield would be 4.04% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$985,000

Asking · $3,147/m² of land

No recorded sale for this property.

Treeby at a glance

7,499

People

$1,000,000

Median sale

$766/wk

Median rent

3.98%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Treeby report →

Vs Treeby

-1.5%

Median sale

Suburb $1,000,000

+0.06 pp

Gross yield

Suburb 3.98%

Suburb median $1,000,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$985,000
Stamp Duty (Western Australia)
$41,843
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,030,768

$45,768 on top of the price (4.6% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Treeby's advertised median rent — not a rent for this listing.

Net yield
2.54%
Annual cashflow (pre-tax)
$-26,163
Interest cover (DSCR)
0.49
Annual rent
$39,832
Operating expenses
$14,775
Loan amount
$788,000
Annual interest
$51,220
Gross yield
4.04%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$985,000available1 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 313 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $766/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 313 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Treeby in one glance

Treeby at a glance

7,499

People

$1,000,000

Median sale

$766/wk

Median rent

3.98%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Treeby report →

Keep researching

  • Why Treeby? Read the area thesis →
  • What else is on the market in Treeby →
  • Other records on Olivine Rd →

Listing material

Listed by Next Vision Real Estate

Contemporary Family Living in Sought-After Calleya!

OPEN BY APPOINTMENT - Contact agent to book an appointment.

Perfectly positioned in the highly sought-after Calleya Estate, this beautifully presented 3 bedroom, 2 bathroom home with a double garage offers the perfect combination of style, comfort and low-maintenance living. Designed with modern families in mind, the home showcases spacious open-plan living, a separate theatre room and seamless indoor-outdoor entertaining, all within walking distance to local parks, playgrounds and scenic walking trails.

At the heart of the home is a stunning chef's kitchen featuring stone benchtops, quality 900mm stainless steel appliances, a walk-in pantry and a generous breakfast island overlooking the light-filled living and dining area. A separate theatre provides the perfect retreat for movie nights, while the covered alfresco creates an ideal space to entertain family and friends all year round.

Read the full description

Features You'll Love:

3 spacious bedrooms

2 modern bathrooms

Double remote garage with shoppers' entry

Separate theatre room

Spacious open-plan living and dining

Stylish kitchen with stone benchtops

Walk-in pantry

900mm gas cooktop and oven

Master suite with walk-in robe and ensuite featuring double vanities

Built-in robes to the minor bedrooms

Modern family bathroom with separate bath

Plantation shutters throughout

Ducted reverse-cycle air conditioning

High ceilings to the main living area

Quality timber-look flooring

Covered alfresco entertaining

Low-maintenance gardens

Green Title block

Built by Ideal Homes

Built date 2021 (approx)

Location Highlights:

Located in the popular Calleya Estate

Walking distance to parks, playgrounds and walking trails

Close to Calleya Junior BMX Park

Minutes to Cockburn Gateway Shopping City

Close to Cockburn Central Train Station

Easy access to Kwinana Freeway

Close to Atwell Primary School and Atwell College

Nearby Fiona Stanley Hospital and Murdoch University

Approximately 25 minutes to Perth CBD

This home delivers the perfect blend of modern design, quality finishes and an unbeatable location, making it an outstanding opportunity for families, first home buyers or investors alike.

Proudly Presented by Cherie Bellini of Next Vision Real Estate.

If you would like to schedule a private inspection, or any further information on this property, the local area or any Real Estate matter please call Cherie on 0412 951 695 or email cherie@nextvisionrealestate.com.au

Cherie welcomes all real estate agents to make enquiries on behalf of their buyers and a chance to work together.

ENQUIRIES: For all enquiry responses relating to the property, please also check your junk mail or email spam folder.

Listing description written by Cherie Bellini, Next Vision Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.