Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Martin › Connell Ave
$525,000
Last sold
10 Mar 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
2,023 m²
Land
18 m²
Building
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
Last sold
$525,000
10 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Martin (last 5 years) with land size have a median of $1,111/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Martin
-48.3%
Median sale
Suburb $1,015,000
+3.07 pp
Gross yield
Suburb 3.28%
Suburb median $1,015,000 from 10 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 2,023 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 $641/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 2,023 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
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by O'Neil Real Estate****UNDER OFFER BY BEN MATHEWS****
What a stunning renovated home in a blue-chip location! Set on a 2023sqm block in the highly sought after hills section of Martin, the property is just up the road from the vibrant, super in demand Clifton Hills area. The house is in excellent condition and has been renovated comprehensively to an excellent standard.
INSIDE THE PROPERTY
The open plan kitchen/lounge/dining area that leads to the alfresco zones both front and back makes for a very usable space and flows fantastically. This front façade is lined externally with glass sliding doors making the most of the stunning valley views!
There is large floor tiles throughout this zone which make for a luxurious feel with the added benefit of being easy clean and low maintenance.
The kitchen is a good size, with plenty of storage and workspace.
There are three bedrooms with the beautiful master suite featuring an ensuite bathroom and lovely executive walk in robe with quality built in cabinetry.
Both the main bathroom and ensuite bathroom have been renovated to a superb standard, with floor to ceiling tiling and quality fixtures and fittings these bathrooms feel as up market as they cost and the tasteful design really shows.
The house has the added benefit of a great sized storage room just off the entrance way, this comes in super handy to store those extras that you want out of sight and included with the house sale located in this room is a built in commercial grade safe for added security! The barn style sliding door to this storage room is aesthetically pleasing and also super functional.
The carport is under the main roof and is well finished internally with a handy shoppers entrance door to the kitchen while also being connected with the laundry.
OUTSIDE THE PROPERTY
Wow, where to begin! As you drive up the sealed driveway you see that the entire external of the home has just been freshly rendered and painted professionally and the roof has also had a birthday with a quality paint finish.
The newly laid pavers to the front outdoor area work well and provide a lovely space to enjoy the stunning valley views.
The property features convenient side access to the rear of the property suitable for driving through with a car, bobcat or excavator which is a very handy feature and opens up your opportunities for the back yard immensely.
The rear alfresco zone is AWESOME, there is a quality newly installed Colorbond gabled patio and the new decking to this area is built using solid, up market larger than standard decking boards which makes the zone feel and look fantastic.
This area also features built in bench seating for those get togethers with friends and has a plumbed in reticulated wall feature with lovely greenery in place.
Along the entire backyard runs finished paved areas with a retaining wall in place.
At the side of the property is a huge flat and usable space currently being allocated as a kids play zone, and its also accessibly through the master bedroom door providing oodles of potential.
THE CHALLENGE
This back yard presents a big challenge however holds big potential for the prospective new owners! Behind the retaining wall is a space that's looking for some love. The current sellers had planned on developing this section of the property and had some cost effective quotes from earth moving companies that included options to add additional retaining and have grassed split levels with stairways. Alternatives of building a powered shed or granny flat were also explored and as such there is power and water in conduits that are in place on the external lower level ready for the potential development should the new owners wish to do so. With side access being available there is options galore for this space and the value of this property is as such that with a little bit of creativity, some hard work and capitol up front, significant extra value could be added to this property in a short amount of time.
WHERE IS IT LOCATED?
The property is located within the secluded hills section of Martin, with the Clifton Hills area just up the road it's close to the highly sought after Clifton Hills Primary School, nearby to shopping facilities whilst being only approximately 25km from the Perth CBD.
WHAT TO DO NEXT
Hit the contact agent section now and make your time to view the property in person, in this hot market properties with this combination of quality, location and price do not last!
Listing description written by Ben Mathews, O'Neil Real Estate — reproduced as published, not verified by Districts.