Manjimup at a glance
4,453
People
$556,000
Median sale
$460/wk
Median rent
4.30%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
$680,000
Last sold
2 May 2024
8
Bedrooms
4
Bathrooms
4
Car spaces
1,224 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
$680,000
2 May 2024 · derived via latest_sale
Manjimup at a glance
4,453
People
$556,000
Median sale
$460/wk
Median rent
4.30%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Vs Manjimup
+22.3%
Median sale
Suburb $556,000
-0.78 pp
Gross yield
Suburb 4.30%
Suburb median $556,000 from 67 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 1,224 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 $460/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 1,224 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
Manjimup at a glance
4,453
People
$556,000
Median sale
$460/wk
Median rent
4.30%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Southern ForestsHarcourts Manjimup & Districts have great pleasure in offering for sale this freehold 4-unit complex (Non-Strata) situated just a short stroll to the centre of town and the many other attractions in Manjimup.
Key property features include:
• 4 units in total - Each unit comprises of 2 bedrooms and 1 bathroom - Open plan lounge and kitchen area & separate laundry.
• Each occupant has provision for own carport parking.
• Excellent occupancy rate over a long period
• Tenancy Leases:
Unit 1 - $210.00pw Leased until 19/10/2024
Unit 2 - Vacating
Unit 3 - $300.00pw Leased until 12/06/2024
Unit 4 - $180.00pw Leased until 24/03/2025
• This complex rests on a huge 1,224sqm fully serviced R20 zoned block (as per TP4)
• Opposite bush reserve
Sale Consultant Richard Gledhill says astute investors should take note as this is a rock solid "Brick & Mortar Investment" to add to your portfolio and is priced to sell! This quiet complex is always sought after by tenants, boasting seemingly a quiet location, pleasant surrounds and is well presented and affordable.
For further information pertaining to the details of the lease and outgoings call Exclusive Agents Harcourts Manjimup & Districts.
PLEASE NOTE THAT DUE TO THE INTEREST ON THIS PROPERTY WE ARE ASKING THAT ALL OFFERS BE SUBMITTED BY 5PM ON APRIL 9TH 2024.
* Please note photographs were taken prior to tenants moving in.
Listing description written by Richard Gledhill, Harcourts Southern Forests — reproduced as published, not verified by Districts.