Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Morley › Redgum Way
$623,000
Last sold
25 Oct 2021
5
Bedrooms
2
Bathrooms
4
Car spaces
708 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
$623,000
25 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,332/m² of land (n=155). Districts calculation from recorded sales — not a valuation.
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Morley
-36.1%
Median sale
Suburb $975,000
+2.16 pp
Gross yield
Suburb 3.83%
Suburb median $975,000 from 53 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 708 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 $718/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 708 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
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ross Realty WASituated in a quiet street, directly across from picturesque Arbor Park, this spacious, wonderfully presented and lovingly maintained Peter Stannard built family home is located on a large 708m2 block and is ready for you to move straight in!
This big family home is sure to impress with its thoughtful design, including multiple living and entertaining areas both inside and out, plus plenty of space for kids and pets to play and ample storage areas as well!
In this great location, public transport and local shops with numerous amenities are within walking distance and there are schools located close by as well, plus you are approx 12km from Perth CBD, making it an ideal location for family living.
This home is also located close by to both the Noranda and Morley proposed future Train Stations.
Features include but not limited to:
• 5 Bedrooms, 2 with walk-in robes and 2 with built-in robes, master bedroom has a lovely sitting/reading area and 5th bedroom could be a study or nursery
• 2 Bathrooms (ensuite with spa bath off master bedroom)
• 2 toilets
• Separate Lounge room
• Formal Dining room
• Big Kitchen, with 4 burner gas stove and oven, twin sink, very generous bench space and ample cupboard storage, plus pantry and microwave recess.
• Separate Meals area near the kitchen
• Family room, open plan, with high ceiling
• Spacious Games room with high ceiling and split system air conditioner
• Separate Laundry, with ample storage space
• Ducted air conditioning
• Gas hot water system
• Gas bayonets in Lounge and Family rooms
• TV and Phone points in 4 of the 5 bedrooms
• Walk-in storage/linen cupboard
• Big Patio area for backyard entertaining all year round
• Enclosed double carport with remote controlled door and vehicle access to the back
• Large Shed/Workshop with power and water plus roller door
• 2 big garden sheds
• Roller Shutters on front windows of the home
• Bore reticulated lawns and gardens front and back
Make sure you put this property on your MUST SEE list today!!
Listing description written by Shane Ross, Ross Realty WA — reproduced as published, not verified by Districts.