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WA › Drummond Cove › Spyglass Hill

15 Spyglass Hill, Drummond Cove WA 6532

House

$670,000

Last sold

12 July 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

823.243 m²

Land

176 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $670,000 (12 July 2024).(Recorded sale)
  • CalculationLand 823 m² against a 176 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Drummond Cove (last 5 years) with land size: median $816/m² of land (n=69). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$670,000

12 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Drummond Cove (last 5 years) with land size have a median of $816/m² of land (n=69). Districts calculation from recorded sales — not a valuation.

Drummond Cove at a glance

1,923

People

$685,000

Median sale

$624/wk

Median rent

4.74%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Drummond Cove report →

Vs Drummond Cove

-2.2%

Median sale

Suburb $685,000

+0.10 pp

Gross yield

Suburb 4.74%

Suburb median $685,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$670,00012 July 2024
  2. Listedprice unknowncompleted19 Feb 2024
  3. Listedprice unknowncompleted19 Feb 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 823 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $624/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 823 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Drummond Cove in one glance

Drummond Cove at a glance

1,923

People

$685,000

Median sale

$624/wk

Median rent

4.74%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Drummond Cove report →

Keep researching

  • Why Drummond Cove? Read the area thesis →
  • What else is on the market in Drummond Cove →
  • Other records on Spyglass Hill →

Listing material

Listed by Professionals Geraldton

!!! NOW SELLING !!!

Offers Above $675,000

Its Finally Available for Sale!

It's been a long wait, but this amazing home is now officially for sale and ready to change someone's life.

Read the full description

This Immaculate 4x2 Home was designed by the Rural Building Company and is hidden away at the top end of one of Drummond Coves' most desirable and tightly held cul-de-sacs. We have all driven down this quiet lane dreaming of what it would be like to live at this address. Well, this is your opportunity to make that dream your reality.

The home is designed around the enormous open plan free form living /dining/ entertaining room. Made even more spectacular with soaring 3.0M ceilings. Set up around the Modern central kitchen with Westinghouse appliances.

To the North of the free form living area are the separate childrens / visitors wing The oversize bedrooms are separated by the main bathroom laundry and separate toilet.

Close the doors to the southern wing and relax as this area is all about you. With the master suite and ensuite tucked away from the rest of the home.

OTHER FEATURES

• Amazing Rural Building Company design

• Large open plan free form living /dining/ entertaining room.

• 3.045M ceiling height to Free Form Living Area with Ceiling space vented to atmosphere

• 6mm grey tinted glass & Sun block blinds to all western facing Free Form Living Room, Kitchen

• 6 x external security roller blinds

• Incite 4G Monitored security system installed.

• Reverse cycle ducted air-conditioning system c/w selectable zone cooling

• Modern central kitchen with Westinghouse appliances

• all 4 Bedrooms with sweep style ceiling fans

• 6mm grey tinted glass & Sun block blinds to all western facing bedroom windows

• 2 x Bathroom with Heat lamps/lights/exhaust fan system

• separate toilet

• Heated towel rail to master Suite bathroom.

• 3Kw PVA Power system

• 3 Phase power to meter box

• 2 x sheds, both with power connected;

• 2500 litre water storage tank

• Garden reticulation system installed.

There is absolutely nothing left to do at this home, everything has already been thought of. The grounds have been designed to be ultra-low maintenance with multiple entertaining options whilst still providing mature trees for shade. This is an amazing opportunity to walk straight into a lock & leave home where all the work has been done to allow you to get on with the things you would rather be doing.

Why not start living your life to the fullest, but be quick as this home will not last long now that it is on the open market

For more information and to ensure you don't miss this opportunity call,

TOM TOMLINS

On

0414 756 386

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Listing description written by Tom Tomlins, Professionals Geraldton — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.