Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Martin › Versteeg Grove
$1,750,000
Last sold
21 Aug 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
40,000 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$1,750,000
21 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Martin (last 5 years) with land size have a median of $1,132/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Martin
+72.4%
Median sale
Suburb $1,015,000
-1.38 pp
Gross yield
Suburb 3.28%
Suburb median $1,015,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
GOSNELLS
Zone
Rural residential
50
Jurisdiction
Gosnells
Gosnells, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 40,000 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $641/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.
2 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 40,000 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?
KnownmediumOfficial parcel about 40,147 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Naked Real EstateWelcome to 149 Versteeg Grove in Martin, a truly unique property set on 9.88 acres, or 4 hectares, of land. Tucked away at the end of a long, tree-lined driveway and secured behind gated entry, this peaceful retreat is the setting is perfect for those seeking space and a slower pace without compromising on convenience.
This charming country-style home is filled with warmth and character. As you enter, you are greeted by a wide, welcoming entry. To the right, you'll find the minor bedrooms. Further down the hall are the main bathroom and a spacious, separate laundry. At the end of the hallway is the king-sized master bedroom. To the left, descending a few steps, you are led into the heart of the home, a spacious open-plan kitchen, family, and meals area, framed by high ceilings. A formal dining room flows from this space and opens out to a generous sheltered alfresco area, ideal for year-round entertaining. Beyond the main residence is a fully self-contained studio with its own bathroom. This versatile space could easily be converted to serve any purpose, from a home office to extra guest accommodation.
For those who love to tinker or need additional storage, the property features two large sheds. One is set up as a double garage and workshop, while the other offers extra height, perfect for caravan or boat parking. The land is also highly practical, with 280,000 litres of rainwater storage and a reliable bore that feeds into an additional tank for irrigating the lush, established gardens. This property is a rare blend of natural beauty, functional living, and peaceful seclusion.
PROPERTY FEATURES:
King sized master with walk-in robe & en suite
Generously sized minor bedrooms
Separate and spacious laundry
Open-plan kitchen, family, meals
Fully sheltered alfresco area
Self contained studio with own bathroom
Double garage and workshop
Caravan parking
280,000 litre rainwater tank
Listing description written by Brendan Leahy, Naked Real Estate — reproduced as published, not verified by Districts.