Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
WA › Pearsall › Classic Rise
$490,000
Last sold
27 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
258 m²
Land
114 m²
Building
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
$490,000
27 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Pearsall (last 5 years) with land size have a median of $1,979/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Pearsall
-46.7%
Median sale
Suburb $918,500
+3.74 pp
Gross yield
Suburb 4.29%
Suburb median $918,500 from 34 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 258 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 $757/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 258 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
Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateSituated at the end of a quiet cul-de-sac and opposite a park with a playground, this four-bedroom, two-bathroom home provides a lifestyle of comfort, ease and quality. Secluded and with it's own private driveway, this modern home has lots of attractive features throughout, ample storage space, and a prominent position nearby parkland and walking distance to Pearsall Primary School and IGA. Make yourself at home here, or rent it out for an immediate investment with high estimated rate of return at 6.18%!
Property Highlights:
-Four-bedroom, two-bathroom home in Pearsall
- Built in 2015
- 258 square metres land size
- Approximately 114 square metres building size
- Split system air conditioning to living area and main bedroom
- Modern kitchen design
- Built in robes throughout
- Secure double car garage
- Opposite park
Investor Summary:
- This property is currently rented on a fixed term lease until January 2024 for $475 per week, with an included scheduled rent review
- Market rent for 12 Classic Rise is approximately $580 per week
- Given a purchase price of $489,000 and market rent, the estimated rental yield for 12 Classic Rise is 6.18%
- HouseSmart Real Estate is highly active within Pearsall and the surrounding areas, and can provide high-quality property management services throughout the course of the sale and beyond.
Being the back of a duplex, this property provides extra privacy for those wanting their own space. Down the driveway you will find a park and playground which is perfect for a walk or to take kids and pets, and nearby you will also find the primary school and IGA. But inside of the home is where you will find even more to love - a large living area, modern features throughout, and large amounts of storage space make this property extra special.
The living, dining and kitchen areas are tiled, which make it easy on cleaning and on allergies, whilst the bedrooms are carpeted with neutral toning which matches the theme of the house throughout. The living area showcases a feature wall where a television could sit, as well as large windows/sliding door which allow plenty of natural light as well as access to the rear courtyard.
The kitchen is the heart of the home, creating a perfect space for cooking up a family dinner, coffee and brunch in the morning, or a hearty lunch. Whatever your heart desires, this is the place to cook it, with plenty of cupboard and bench space, a five-burner gas cooktop, stainless steel double sink, and a built-in oven.
To the living area there is a split system air conditioner, which you will also find in the main bedroom, keeping these places comforted year-round. The main bedroom also features a huge triple-door mirrored built in robes, as well as an ensuite with shower and separate toilet. The main bathroom for the house also features a bath, and both these bathrooms have detachable showerheads.
The other bedrooms are quite a good size, and all with their own built in robes for a good amount of storage. The windows are perfectly positioned to allow ample light to each room.
To the courtyard, which the living area looks out on to, is a paved area for an outdoor table and chairs, as well as an area for grass, a garden, play equipment, or whatever else you decide to put here. A side gate from the courtyard allows easy access to & from the front of the home for when you decide to visit the park. This yard is fully fenced with courtyard and quite high, allowing a good amount of security.
Pearsall IGA and Pearsall Primary School are both a short 12 minute walk from this home (1.0km). Also nearby is Wanneroo Markets, at approx. 19 minute walk, or 1.4km.
There is a lot to love about this home, whether are looking for an investment, or a place to move in. Are you ready to take the next step?
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.