Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Dericote Way
$949,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
688 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
Asking
$949,000
Asking · $1,379/m² of land
No recorded sale for this property.
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-17.2%
Median sale
Suburb $1,146,750
+0.71 pp
Gross yield
Suburb 3.41%
Suburb median $1,146,750 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$43,914 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Greenwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 688 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 $752/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.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 688 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
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark North CoastalHighly motivated owner ready to sell. This home is ready for the next chapter
What to Love
Some homes have all the expensive work done. Others have the location buyers dream about. This one gives you both... with plenty of opportunity to add your own finishing touches over time.
Positioned on a generous 688sqm R20/R40 zoned block in one of Greenwood's most convenient pockets, this solid three-bedroom home has already enjoyed some fantastic updates including a stunning brand-new kitchen, fresh paint throughout and stylish new flooring. The result is a home that feels fresh, bright and ready to move straight into, while still leaving room to add value as your budget and imagination allow.
Natural light floods the spacious family room through oversized windows, creating a warm and welcoming space to relax at the end of the day. The new kitchen is sure to impress with its abundance of storage, double sink, gas cooktop and under bench oven, making family dinners and entertaining a breeze.
Step outside and you'll find an enormous pitched patio overlooking the elevated backyard - a fantastic space for weekend BBQs, birthday parties or simply watching the kids and pets burn off some energy. There's loads of lawn for backyard cricket, trampoline or perhaps one day even the pool you've always wanted (STCA). With the established palms already swaying in the background, the tropical vibes are well underway.
Then there's the location... and this is where 15 Dericote Way truly shines. Sitting on a peaceful loop street, you're literally one house away from the laneway that leads directly to Greenwood Village Shopping Centre, Greenwood Hotel, cafés, restaurants, medical facilities, the pharmacy, physio and everyday conveniences. Leave the car at home and enjoy having everything at your fingertips.
Whether you're a first home buyer, young family, savvy investor or someone looking for a property with genuine future potential, this home has all the right ingredients.
What to Know
3 bedrooms | 1 bathroom
688sqm block Zoned R20/R40
Brand-new kitchen with excellent storage
Gas cooktop, underbench oven and double sink
Freshly internal painting
New flooring to living areas and bedrooms
Spacious light-filled family room
Bathroom with separate shower and bath
Separate laundry with direct outdoor access
Ceiling fans throughout
Security screens to windows
Large pitched outdoor entertaining patio
Elevated backyard with plenty of lawn
Room for kids, pets or future swimming pool (STCA)
Single lock-up garage + additional parking
Greenwood continues to be one of Perth's best-kept secrets, offering leafy streets, generous block sizes and a genuine sense of community. Families love the excellent local schools, parks and easy access to public transport, while commuters appreciate being just minutes from the Mitchell Freeway. Add in Greenwood Village Shopping Centre, local cafés, restaurants, sporting facilities and the nearby coastline, and it's easy to see why so many people move here... and rarely want to leave. 15 Dericote Way offers the perfect opportunity to enjoy the Greenwood lifestyle today while securing a property with exciting future potential.
For further information contact Dave Seah 0421 495 752
Listing description written by Dave Seah, Realmark North Coastal — reproduced as published, not verified by Districts.
Also look at
Four records from this suburb. Refresh the page to see a different set.
66 Dericote Way, Greenwood WA 6024
$619K
Sold 24 Mar 2022
House · 3 bed · 1 bath
18 Dericote Way, Greenwood WA 6024
$560K
Sold 1 Nov 2021
House · 3 bed · 1 bath
12 Doyle Ct, Greenwood WA 6024
$1.22M
Sold 27 Aug 2026
House · 4 bed · 2 bath
31 Hazelbury St, Greenwood WA 6024
$1.45M
Sold 27 Aug 2026
House · 4 bed · 2 bath