Coolbellup at a glance
6,668
People
$967,500
Median sale
$609/wk
Median rent
3.27%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
WA › Coolbellup › Cordelia Ave
$790,000
Last sold
23 Oct 2024
2
Bedrooms
1
Bathrooms
4
Car spaces
728 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
$790,000
23 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Coolbellup (last 5 years) with land size have a median of $1,621/m² of land (n=121). Districts calculation from recorded sales — not a valuation.
Coolbellup at a glance
6,668
People
$967,500
Median sale
$609/wk
Median rent
3.27%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs Coolbellup
-18.3%
Median sale
Suburb $967,500
+0.74 pp
Gross yield
Suburb 3.27%
Suburb median $967,500 from 58 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 728 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 $609/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 728 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
Coolbellup at a glance
6,668
People
$967,500
Median sale
$609/wk
Median rent
3.27%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MVP Real EstateThis 60's built Cooby Cottage presents an opportunity to improve and create, whether you are looking to refurbish and flip, subdivide or a just looking for a home where you can add your own personality and enjoy for many years. The home requires the renovators creative touch to transform this diamond in the rough into something special, but worth the effort! Why pay for someone else's hard work when you can add your own vision to this original home of yesteryear. This dwelling is situated on an elevated block and set afar back from the road with generous exterior spaces both out front and back, and so much potential as the land is zoned R30 with subdivision possibilities and has a wide driveway access leg.
Features;
• Living area with skylight and fireplace
• Jarrah floorboards throughout
• Roomy kitchen which connects to living area
• 2/ 3 bedrooms (two bedrooms are merged as one, can easily be reverted back)
• Built in robes in all bedrooms
• Enclosed patio
• North facing backyard
• Parking for several cars in tandem and drive through access to rear
• 2 water tanks
• Large workshop with mechanic's pit
• An array of establish fruit trees
• 728sqm block zoned R30
Disclaimer: The property is sold on an 'AS IS/WHERE IS' basis, Buyer's are advised to do their own due diligence.
Contact local agents Dino Valerio and Esther Sharp at MVP Real Estate to register your interest.
All offers presented by 16th October, unless sold prior (seller reserves the right to accept an offer prior to the latest date).
*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information included in this document. MVP Real Estate provides this document without any express or implied warranty as to its accuracy or currency. Any reliance placed upon this document is at the client's own risk. MVP Real Estate accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.
Listing description written by Esther Sharp, MVP Real Estate — reproduced as published, not verified by Districts.