Wakeley at a glance
4,895
People
$1,458,000
Median sale
$685/wk
Median rent
2.44%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
$1,190,000
Last sold
3 Aug 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
651 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
$1,190,000
3 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Wakeley (last 5 years) with land size have a median of $2,399/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Wakeley at a glance
4,895
People
$1,458,000
Median sale
$685/wk
Median rent
2.44%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Wakeley
-18.4%
Median sale
Suburb $1,458,000
+0.55 pp
Gross yield
Suburb 2.44%
Suburb median $1,458,000 from 16 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
NSWPlanning layers have not been retrieved for this property yet. 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $685/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Wakeley at a glance
4,895
People
$1,458,000
Median sale
$685/wk
Median rent
2.44%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Global REWelcome to 16 Pirie Close, a charming residence nestled in a peaceful and highly sought-after suburb. This beautifully renovated 3-bedroom home with 1 bath and 2 toilets offers a comfortable and contemporary living experience, perfect for families and those seeking tranquility. Land Size 651m2 approx
Enjoy the luxury of three spacious bedrooms, providing ample space for relaxation and personalization. Each room has been thoughtfully designed to maximize comfort and privacy, offering a peaceful sanctuary for a good night's sleep.
The tastefully designed bathroom features modern fixtures and finishes, providing a serene atmosphere for relaxation and rejuvenation. In addition, the home boasts two additional toilets, ensuring convenience for all occupants.
Situated on a quiet street, 16 Pirie Close offers a peaceful retreat from the hustle and bustle of everyday life. Wake up to the gentle sounds of nature and unwind in the tranquility of your own backyard. The desirable suburb of Wakeley provides a harmonious blend of convenience and serenity, making it an ideal place to call home.
Step inside and be captivated by the modern and stylish interiors. The home has undergone a meticulous renovation, showcasing a seamless blend of contemporary design and functionality. The open-plan living and dining area create a welcoming space for entertaining guests or spending quality time with family.
The well-appointed kitchen is a true chef's delight, featuring sleek cabinetry, ample storage space, and quality appliances. Prepare delicious meals with ease and enjoy the convenience of a functional layout that will inspire your culinary creativity.
Step outside and discover a private outdoor oasis. The generous backyard offers a versatile space for outdoor activities, gardening, or simply enjoying the fresh air. Create lasting memories with family and friends in this delightful setting.
Convenience is at your doorstep with a range of amenities just moments away. From reputable schools to local parks, shopping centers, and public transport options, everything you need is within easy reach.
Don't miss this incredible opportunity to own a renovated 3-bedroom home in the desirable suburb of Wakeley. Call now to arrange a private inspection and secure your slice of tranquility at 16 Pirie Close!
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own inspections and inquiries.
Listing description written by (Deric) Truong Sanh Ly, Global RE — reproduced as published, not verified by Districts.