Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Madrona Cres
$585,000
Last sold
16 Aug 2021
4
Bedrooms
1
Bathrooms
2
Car spaces
726 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$585,000
16 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Greenwood (last 5 years) with land size have a median of $1,447/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-49.0%
Median sale
Suburb $1,146,750
+3.27 pp
Gross yield
Suburb 3.41%
Suburb median $1,146,750 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
JOONDALUP
Zone
Residential
1
Jurisdiction
Joondalup
Joondalup, WA
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.
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.
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
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 726 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.
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
No advertised rent is recorded. Suburb median rent $752/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.
2 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 726 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?
KnownmediumOfficial parcel about 729 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real Estate Property ManagementThis spotless 4 bedroom home is located on a whisper quiet street in the sought after western portion of Greenwood - with 2 lush parklands just a short stroll away.
The much loved home is gently elevated from the road and features an extra large double carport under the main roof, a spacious air conditioned front living room and a large kitchen that easily services the nearby meals/dining area.
A spacious patio has been enclosed to create a generous sized sun room.
A generously sized entry hall, with a double sided linen cupboard leads onto the bedroom wing, the master bedroom being to the front of the home boasts a wall of built in robes. Two of the 3 minor bedrooms also include built in robes, whilst the 4th bedroom is to the rear of the home and includes a split system, reverse cycle air conditioner. The main bathroom and separate toilet are nearby.
The oversized double carport has gates to the rear for easy access for the backyard as well as another gate to gain easy access to the side of the property where the garden shed is positioned.
This spotless home is ready to move straight in and enjoy - whilst also being the perfect blank canvas to transform to the next step.
The front yard has a well established and easy care reticulated garden, whilst the backyard has been partially cleared and is trimmed with minimal garden for you to create your own backyard paradise.
Other features include: Large 726sqm block, security system for peace of mind, batts insulation for all year comfort, gas hot water system, new rear colourbond boundary fence, freshly painted throughout and schools, shops, parklands and bus route are all conveniently close by.
Register your interest now and arrange a viewing time by contacting Julie Vincent on 0403 809 445
Listing description written by Julie Vincent, Peard Real Estate Property Management — reproduced as published, not verified by Districts.
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