College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
WA › College Grove › Darwin Way
$290,000
Last sold
18 Dec 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
739 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
$290,000
18 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in College Grove (last 5 years) with land size have a median of $827/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs College Grove
-62.7%
Median sale
Suburb $777,500
+6.29 pp
Gross yield
Suburb 3.75%
Suburb median $777,500 from 14 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 739 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 $560/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 739 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
College Grove at a glance
1,935
People
$777,500
Median sale
$560/wk
Median rent
3.75%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Summit Realty South WestThis well located 4x2 home features a great open plan design, catering perfectly to your needs. Designed with family in mind, this home features a functional layout with multiple living areas good size bedrooms. Positioned to the rear of the home is plenty of yard space for the kids and/or pets to play this property is an ideal first home and a great place to raise a family! This home presents a wonderful opportunity for first home buyers or investors looking to add to their portfolio.
Property features:
- 4 bedrooms
- 2 bathrooms
- Spacious master bedroom with walk-in robe and ensuite
- Good sized minor bedrooms, two with built in robes
- Front lounge area
- Spacious kitchen with breakfast bar plus plenty of bench space with breakfast bar, stainless steel appliances, double fridge recess, rubbish bin recess, built in panty and shoppers entrance from carport
- Open plan kitchen, meals and family room
- Neutral colour tones flow throughout this home
- Ducted cassette air-conditioning in living area
- Entertaining is made easy with a lovely outdoor alfresco area also boasting a fantastic flat patio area with a lovely outlook
- Garden shed for your extra storage needs
- Double carport plus side access leading to a good size rear lawn area
- Located in a whisper quiet area of College grove and sitting on a 739sqm block with low maintenance gardens and reticulation
- Close to Sporting Venues, Shopping centres, Manea College and Bunbury's Edith Cowan University
- Currently tenanted until the 1st May 2021 at $335 per week.
This home offers a great step for your first home or maybe you need that bit of extra space for your growing family. So make sure to get in quick to secure a viewing and start your next adventure. Contact Exclusive agent Tracy Mills 0429 000 887
Listing description written by Tracy Mills, Summit Realty South West — reproduced as published, not verified by Districts.