Lesmurdie at a glance
8,821
People
$1,200,000
Median sale
$683/wk
Median rent
2.96%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Lesmurdie › Wheelwright Rd
$555,000
Last sold
9 Sept 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
1,414 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
$555,000
9 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Lesmurdie (last 5 years) with land size have a median of $708/m² of land (n=124). Districts calculation from recorded sales — not a valuation.
Lesmurdie at a glance
8,821
People
$1,200,000
Median sale
$683/wk
Median rent
2.96%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Lesmurdie
-53.7%
Median sale
Suburb $1,200,000
+3.44 pp
Gross yield
Suburb 2.96%
Suburb median $1,200,000 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 1,414 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 $683/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 1,414 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
Lesmurdie at a glance
8,821
People
$1,200,000
Median sale
$683/wk
Median rent
2.96%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroCalling all the creatives! This blank canvas property located in an absolutely gorgeous hills area is proudly elevated above the street and surrounded by beautiful natural bush. If you have a little bit of vision and a little bit of love this home will be catapulted above its former glory and restored to the much-loved family home that it once was. The work here has been partially done for you so it is at the perfect stage to get to the drawing board, choose your fitout and unlock the full potential of what is truly on offer here. A one of a kind hills location and a one of a kind opportunity to build your dream lifestyle.
The driveway leading up towards the home is enchanting, with a canopy of leafy green overhead. Inside the home, works have begun on renovations that unfortunately have not yet been completed! What has been left is a blank canvas ready for an astute buyer to customise and to make their own mark. The kitchen, main bathroom and laundry have been removed so this home is not 'move in ready' today. Some new flooring will be needed and perhaps even a splash of modern paint. The 'kitchen- to be' is centrally located in the heart of the home with formal dining ahead and a good sized living room to the side. An intelligent and functional floorplan forms the bones of this home.
There are four bedrooms. The master bedroom has a renovated bathroom and great built ins. From here the master of the house can look out over the front of their property with leafy tree top views and celebrate their choice in this home.
Out the back there is room for entertaining and expanding. The possibilities are only limited by your imagination, but you will need to physically see this home to begin your planning. This is the perfect home with unlimited potential - just Bring Your Own kitchen, bathroom and laundry!! Call The Mitchell brothers today, we can provide you with floorplans, graphic renders and a private walkthrough.
Alex Mitchell - 0404 122 943
Nick Mitchell - 0415 833 131
Water rates: $388p/a (approx.)
Council rates: $1961p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.