Noranda at a glance
8,569
People
$1,180,000
Median sale
$698/wk
Median rent
3.08%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Noranda › Forster Way
$875,000
Last sold
10 June 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
831 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
$875,000
10 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Noranda (last 5 years) with land size have a median of $1,551/m² of land (n=99). Districts calculation from recorded sales — not a valuation.
Noranda at a glance
8,569
People
$1,180,000
Median sale
$698/wk
Median rent
3.08%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Noranda
-25.8%
Median sale
Suburb $1,180,000
+1.07 pp
Gross yield
Suburb 3.08%
Suburb median $1,180,000 from 45 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 831 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 $698/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 831 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
Noranda at a glance
8,569
People
$1,180,000
Median sale
$698/wk
Median rent
3.08%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Butler Property GroupSet in a peaceful and established neighbourhood, this original 1984-built home offers an exceptional opportunity for investors, developers, or renovators seeking value and potential. Whether you're looking for a ready-made investment or the perfect blank canvas for your next project, this property ticks all the boxes.
Positioned just minutes from key amenities - including Noranda Shopping Centre, Morley Galleria, Coventry Markets, local schools, parks, and public transport - this home combines convenience with lifestyle. With easy access to the city and airport, the location is hard to beat.
Set on a generous 831sqm block, with three bedrooms, one bathroom, multiple living areas, alarm security, pergola and bore reticulation - whilst offering exciting duplex subdivision potential (STCA); undoubtably adding to the investment appeal.
This property is being sold 'AS IS' and represents outstanding value in a sought-after area. Opportunities like this are rare - act quickly to avoid missing out!
The following features are included:
Double brick and tile construction
Separate entry with security door
3 Bedrooms
1 Bathroom with separate bath and shower
Master bedroom with walk in robe and reverse cycle air conditioning
Lounge room with raked ceiling and air conditioning
Open living and meals area with reverse cycle air conditioning and access to rear
Central kitchen with ample cupboard and bench space, double sinks, pantry, fridge recess and servery to lounge area
Separate meals adjacent to kitchen
Electric wall oven and grill
4 Burner electric cook top
Spacious outdoor entertaining area with pergola to rear
Alarm security
Security screens and doors
Solar hot water system
Bore reticulation
Storage shed to rear
Double carport
Total land area 831sqm
Zoned R25
Water rates - $1,240p.a
Council rates - $2,100p.a (approx.)
Zoned R25
Built 1984
To view contact - Karl Butler 0419 046 395
Please note, although the best efforts have been taken to validate all the information provided in relation to this property and more particularly, meterages, areas and zoning, WAPC and Council compliance, the buyer must ensure they do their own due diligence prior to submitting an offer.
Listing description written by Karl Butler, Butler Property Group — reproduced as published, not verified by Districts.