Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
WA › Wembley Downs › Empire Ave
$1,520,000
Last sold
17 Oct 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
633 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
$1,520,000
17 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Wembley Downs (last 5 years) with land size have a median of $2,832/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Wembley Downs
-36.1%
Median sale
Suburb $2,380,000
+1.06 pp
Gross yield
Suburb 1.89%
Suburb median $2,380,000 from 9 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 633 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 $863/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 633 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
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts EmpireWith a gorgeous tree-top valley view to Wembley Golf Course, this highly desirable 3 bedroom 2 bathroom renovated home is set to impress. Located on 633sqm of prime survey strata land on the City Beach border, with a north-facing rear in a whisper-quiet setting. With schools, parks, shops, cafes and much more all at your convenience, the position is just perfect in this much sought-after suburb.
Entering the property through your remote-controlled security gates gives you an immediate sense of privacy and exclusivity at a home with a very attractive and inviting appearance. Entering the home you take in the unique individual design and the quality becomes immediately apparent. Off the left of the entry is the bedroom wing, with bedroom 2 having a built-in robe. Here, you will also find the renovated bathroom with a shower and a double vanity, along with WC. To the right of the entry, you enter the open plan space with a large living area that leads to a beautiful modern kitchen and dining area. The kitchen is amazing, with white cabinets that provide huge storage, along with large stone bench tops adorned with quality appliances throughout. Off the kitchen is the study area which is flooded with natural light.
Moving upstairs you will find a landing that takes in views to the north, before you enter the master suite complete with built-in robes, a window bench seat and a renovated ensuite, along with stunning views.
Off the kitchen area is the truly massive, fully covered and enclosed outdoor entertaining space that now becomes a second living space to the home. High-raking timber-lined ceilings, tiled floors and wood-fired combustion heater give this space an incredible feel.
Outside, the home is surrounded by gorgeous gardens and lawns, offering more than ample space for children and pets. A decked outdoor area also offers another setting to enjoy those balmy summer evenings with family and friends. There is a double garage complete with electric auto doors offering additional storage options.
This stunning property has a huge list of extras for you to explore. For further information or to arrange your private inspection please contact Matt McWaters on 0401 792 222 or email teammcwaters@harcourtsempire.com.au
Listing description written by Matt McWaters, Harcourts Empire — reproduced as published, not verified by Districts.