Middle Swan at a glance
3,317
People
$840,000
Median sale
$640/wk
Median rent
3.96%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
WA › Middle Swan › Gear Ct
$320,300
Last sold
22 Apr 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
567 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
$320,300
22 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Middle Swan (last 5 years) with land size have a median of $1,009/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
Middle Swan at a glance
3,317
People
$840,000
Median sale
$640/wk
Median rent
3.96%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Middle Swan
-61.9%
Median sale
Suburb $840,000
+6.43 pp
Gross yield
Suburb 3.96%
Suburb median $840,000 from 29 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 567 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 $640/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 567 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
Middle Swan at a glance
3,317
People
$840,000
Median sale
$640/wk
Median rent
3.96%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthThere aren't that many homes at this price point boasting a location that offers so many nearby amenities, schools, shops and cafes, not to mention the Swan Valley. This brick and tile three-bedroom, one-bathroom home not only provides a convenient location, but is also situated on a generous 567sqm block. Ideal for buyers looking to get on the property ladder, this home also presents the opportunity to add some value with an update or an extension.
Currently tenanted until mid-June 2022 with a fixed-term tenant happy to continue on, this property is also an excellent investment opportunity.
Built in 1990, and located in a quiet cul de sac, this home features a formal lounge with split system air-conditioning, easy-care tiles in the living areas and one bedroom, and laminate flooring in the other two bedrooms.
What's so great about this property are the options available – keep renting it out, move in as is, renovate/update or knock it down and start again.
In this location, you really can't go wrong. You're close to so many attractions including the glorious Swan Valley teeming with wineries, restaurants, galleries, breweries and fresh produce. Historic Guildford is just a short drive away as is Ray Marshall Park and Woodbridge Riverside Park set on the banks of the tranquil Swan River, plus the Perth Hills is a leisurely drive away. You have easy access to several public and private schools, North Metropolitan TAFE Midland, main arterial roads, public transport, the airport, Midland Gate Shopping Centre and Midland town centre where there is an abundance of dining, entertainment and shopping options.
Property features:
• Three bedrooms (with built-in robes), one bathroom
• Generous 567sqm block
• Multiple options – rent, renovate or demolish
• Fantastic starter home
• Ready-made investment - currently tenanted until July 2022
• Functional galley kitchen
• Formal lounge with split-system air-conditioning
• Bathroom includes a bathtub
• Neatly presented
• Easy care tiles in the living areas and one bedroom, vinyl laminate in two bedrooms
• Large backyard with the framework in place for a patio
• Single car lock-up garage
• Brick and tile 1990 construction
• Quiet cul-de-sac location
• Convenient location close to shops, schools, public transport and many amenities
• Located on the cusp of the Swan Valley and Swan River
Location highlights:
• 1km to North Metropolitan TAFE Midland
• 2.5km to La Salle College
• 2.6km to Middle Swan Primary School
• 2.7km to Midland town centre
• 2.9km to the Swan Valley
• 2.9km to Swan Christian College
• 3.2km to Midland Gate Shopping Centre
• 3.9km to Ray Marshall Park
• 4.1km to Midland Train Station
• 4.8km to Woodbridge Riverside Park
Don't hesitate to contact Nigel Peters on 0407 212156 to discuss your options today.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Nigel Peters, The Agency Perth — reproduced as published, not verified by Districts.
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