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WA › Bibra Lake › Corn Way

11 Corn Way, Bibra Lake WA 6163

For saleHouse

$625,000

For sale

$625,000

Last sold

8 Aug 2023

4

Bedrooms

2

Bathrooms

1

Car spaces

700 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 27 July 2026)
  • CalculationLand 700 m² against a 151 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bibra Lake (last 5 years) with land size: median $1,295/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Bibra Lake's advertised median rent ($645/wk), implied gross yield would be 5.37% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Residential (1) under the COCKBURN.(Landgate SLIP · 31 Aug 2026)

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?

No verification items generated for this record.

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

$625,000

8 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Bibra Lake (last 5 years) with land size have a median of $1,295/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

Bibra Lake at a glance

6,503

People

$1,092,500

Median sale

$645/wk

Median rent

3.07%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bibra Lake report →

Vs Bibra Lake

-42.8%

Median sale

Suburb $1,092,500

+2.30 pp

Gross yield

Suburb 3.07%

Suburb median $1,092,500 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$625,000
Stamp Duty (Western Australia)
$23,703
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
$652,628

$27,628 on top of the price (4.4% 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 Bibra Lake's advertised median rent — not a rent for this listing.

Net yield
3.87%
Annual cashflow (pre-tax)
$-8,335
Interest cover (DSCR)
0.74
Annual rent
$33,540
Operating expenses
$9,375
Loan amount
$500,000
Annual interest
$32,500
Gross yield
5.37%

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 scheme

COCKBURN

Zone

Residential

1

Jurisdiction

Cockburn

Cockburn, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1546262

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 detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Listedprice unknownavailable27 July 2026
  2. Sold$625,0008 Aug 2023
  3. Listedprice unknowncompleted21 June 2023
  4. Listedprice unknowncompleted21 June 2023

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 700 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

Flood overlay has not been queried for this lot. 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 $645/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

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

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.

2 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 700 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?

    Knownmedium

    Official parcel about 702 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Bibra Lake in one glance

Bibra Lake at a glance

6,503

People

$1,092,500

Median sale

$645/wk

Median rent

3.07%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bibra Lake report →

Keep researching

  • Why Bibra Lake? Read the area thesis →
  • What else is on the market in Bibra Lake →
  • Other records on Corn Way →

Listing material

Listed by Heart Real Estate

Affordable and Functional Family Living!

The search for value, space and potential ends right here. Nestled in a quiet pocket where seclusion comes naturally, this delightful 4-bedroom 2-bathroom home pairs a practical easy-flowing layout with generous outdoor surrounds and all the ingredients for a bright future.

It doesn't matter if you're looking to move straight in or gradually add your own stylish stamp, this is an opportunity that only gets better with time.

Out front, there is ample room for extra parking – especially on the driveway.

Read the full description

The bedrooms are all carpeted for comfort – inclusive of a versatile fourth bedroom, study or nursery that sits adjacent to the larger master suite, boasting a walk-in wardrobe and fully-tiled ensuite bathroom with a vanity, shower and toilet.

A spacious – and carpeted – front lounge and activity room comprises of a gas bayonet for heating, with gorgeous double French doors revealing a generous open-plan kitchen, dining and family area, where most of your casual time is destined to be spent.

The stylish kitchen itself plays host to double sinks, a storage pantry and stainless-steel Westinghouse rangehood, four-burner gas-cooktop, Simpson oven/grill and Bosch-dishwasher appliances.

A separate French door shuts off the minor sleeping quarters where the second and third bedrooms have their own robe recesses and are serviced by a light and bright main family bathroom with a shower, separate bathtub, a powder vanity and under-bench storage.

The laundry is where you will find the separate second toilet, as well as an external/side-access door.

From the family room, outdoor access to a terrific wraparound flat-roof patio is rather seamless and encourages under-cover all-seasons' entertaining, enhanced by a gas bayonet for a potential barbecue.

The backyard in general is huge and has lots of lawn space for the kids and pets to secure play amidst the trees, shade and birdlife, as well as leaving more than enough room for a swimming pool down the track. There is also a family-size clothesline, a large, powered workshop and a separate garden/tool shed, for good measure.

Other features include, but are not limited to:

• Solid brick-and-tile construction

• Colorbond alfresco/patio

• Ducted reverse-cycle air-conditioning system – with Advantage Air touchpad zoning controls

• Outdoor power points

• Security doors

• Gas hot-water system

• Bore reticulation

• Established lawns and gardens

• Under-cover second clothesline

• Remote-controlled single-width lock-up carport – with potential drive-through access for two more vehicles to park in tandem at the rear

• 151sqm of internal living space

• Generous 700sqm block

• R20 zoning

A delightful location close to absolutely everything, with the St John of God & Fiona Stanley hospitals, Murdoch University, Bibra Lake Primary school, bus routes, shopping amenities, parks, the beautiful Bibra lake wetlands and even the freeway all only a matter of minutes away in their own right, for your convenience.

What a wonderful buying opportunity this is. Move in and value add at your leisure and watch this charming family home truly shine!

For more information or to arrange a viewing, please contact Tony Coyles on 0414 988 859.

Listing description written by Tony Coyles, Heart 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.