Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
WA › Coolbinia › Mullewa Cres
$1,300,000
Last sold
3 Dec 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
971 m²
Land
138 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
$1,300,000
3 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Coolbinia (last 5 years) with land size have a median of $2,120/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Coolbinia
-38.6%
Median sale
Suburb $2,117,500
+1.04 pp
Gross yield
Suburb 1.66%
Suburb median $2,117,500 from 10 recorded sales (last 24 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 971 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 $675/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 971 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
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Irving & Keenan Real EstateLARGE 971SQM BLOCK WITH PRIME PARKLAND VIEWS
FOR SALE BY PUBLIC AUCTION,
*The Sellers at all times reserves the right to consider and accept any Written Offer prior to the Auction Date**.
With a Prime Frontage to Bandy Park, a large 971sqm of land with a northerly aspect and rear access, this truly is a blank canvas for those with the desire to build their families ultimate dream home in this highly sought after location.
Having been in the same family since it was built in 1956, this existing home presents as the ideal Retro Refurbishment & Renovation project or the "rent out until your plans are ready" investment opportunity. Whatever you choose to do, the extremely rare piece of Coolbinia real estate is the foundation you have been searching for on which to build your families future.
With a prized Parkland Frontage location that affords access to numerous highly regarded educational facilities including Coolbinia Primary School, Mount Lawley High School and both Perth College and Carmel Schools, as well as being in close proximity to local parks, tennis and golf clubs, everything a modern family requires is within easy reach.
THIS ONE IS A ONCE IN A LIFETIME OPPORTUNITY THAT YOU DON'T WANT TO MISS!
Auction Particulars:
Deposit 5% payable on "fall of hammer"
Settlement Date - 31st January 2022
11 MULLEWA CRESCENT COOLBINIA is being Sold in "As Is, Where Is Condition"
11 MULLEWA CRESCENT COOLBINIA
Title Particulars:
Block Size: 971sqm
Lot 744 on Plan 5723
Volume & Folio: 1135/411
Zoning: Residential R10 (SINGLE RESIDENTIAL)
Local Council - City of Stirling
Council Rates: $1,780 pa
Water Rates: $1,356 pa
For Further Details please contact Agents:
Brad Irving 0422 678 144
Stuart Irving 0418 920 672
www.irvingandkeenan.com.au
Listing description written by Brad Irving, Irving & Keenan Real Estate — reproduced as published, not verified by Districts.
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