Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
WA › Two Rocks › Springhill Pl
$360,000
Last sold
10 Apr 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
809 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
$360,000
10 Apr 2024 · derived via latest_sale
Local land rate: recorded Land sales in Two Rocks (last 5 years) with land size have a median of $477/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Two Rocks
-53.8%
Median sale
Suburb $780,000
+4.64 pp
Gross yield
Suburb 3.97%
Suburb median $780,000 from 75 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 809 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 $596/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 809 m² — that is not official geometry.
Nearby development pipeline
Area
Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Lagoon Real EstateWanting a truly amazing outlook & a great sized block? Well, you are in luck, as this property offers both, so you can really enjoy living here!!
This pearler of a block spans over 809 SQM's, has superior elevation allowing it to capture the most impressive water views across the rear!!
Set in quiet beachside cul de sac, on area high point, it would most certainly boast panoramic ocean views from a 2 storey home across a beautiful coast line & sure to impress.
Wow!! With a generous 20 metre frontage, plus being 40 metres in depth, the land really does give you the room to design & build that perfect home.
Ideally positioned within a great pocket of established original Two Rocks giving you a better feel, as the homes nearby are all so very different & you are far apart from neighbours :)
**It is a massive BONUS having NO time frame to build, NO complicated building guide lines to follow, it really is such a positive compared to the newer developer land releases of today.**
It gets even better, given you have the option to build or don't, it is your choice, as you can simply sell vacant in the years to come.
There are gorgeous sandy beaches, Marina, shops, tavern, restaurants, cafes, schools & many other amenities to enjoy only minutes away.
It really is coastal living at it's best here, so grab a piece of paradise & come live the life you deserve today!
To truly appreciate how good the views really are, you need to actually take a walk over the block :)
Jump ahead of the future growth to come given there are so many plans for the area yet to be fully put in place which means you just can't go wrong!
For any questions on this ocean view winner.
Call CRAIG HOSKINS 0414 47 33 60
Listing description written by Craig Hoskins, Professionals Lagoon Real Estate — reproduced as published, not verified by Districts.
Nearby 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.