Glen Iris at a glance
3,353
People
$737,500
Median sale
$601/wk
Median rent
4.24%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
WA › Glen Iris › Morrissey St
3
Bedrooms
2
Bathrooms
2
Car spaces
1,174 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Glen Iris (last 5 years) with land size have a median of $908/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Glen Iris at a glance
3,353
People
$737,500
Median sale
$601/wk
Median rent
4.24%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
BUNBURY
Zone
Residential
1
Jurisdiction
Bunbury
Bunbury, 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 1 Sept 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 1 Sept 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 1,174 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 $601/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 1,174 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 1,176 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
Glen Iris at a glance
3,353
People
$737,500
Median sale
$601/wk
Median rent
4.24%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Advance RealtyPrime Development Opportunity! 1174m² Zoned R15 – 2 Houses on one block - Separately metered!
Land Area: 1174m²
Zoning: R15 (Potential for development opportunities, subject to council approval)
Potential Earnings of up to $1,000 per week
House 1: Built in 1967
3 Bedrooms
1 Bathroom
Cozy and comfortable layout
Split system airconditioner
6m x 6m Powered Workshop
Currently leased till June 2025 at $270 per week with the potential to increase at the end of the tenancy to $500/week.
House 2: Built in the 2005
3 Bedrooms
2 Bathrooms
Spacious living areas
Extra storage in the carport
Split system airconditioner
Currently leased till February 2025 at $340 per week with the potential to increase at the end of the tenancy to $500/week.
Both homes are perfect for dual occupancy after June 2025 or rental income while you explore development options.
Excellent location with easy access to local amenities, schools, and public transport
Ideal for investors or developers looking for future potential
Ample land size with R15 zoning flexibility for development
This is a rare chance to secure a large block with existing residences and future growth potential. Don't miss out!
Feel free to let me know if you'd like to add any other details!
NB: Photos are the interior of the 3 x 2 dwelling at the back of the property.
Shire Rates $4,888.18 per annum $2,444.09 per dwelling
Water Rates: $2,563.06 Per annum $1,281.53 per dwelling
Listing description written by Julia Kranz, Century 21 Advance Realty — reproduced as published, not verified by Districts.