Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Martin › Versteeg Grove
$2,000,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
40,000 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
Asking
$2,000,000
Asking · $50/m² of land
No recorded sale for this property.
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Martin
+97.0%
Median sale
Suburb $1,015,000
-1.61 pp
Gross yield
Suburb 3.28%
Suburb median $1,015,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$98,041 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Martin's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 40,000 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 $641/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.
Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 40,000 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
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Thornlie / Canning ValeIf you've been dreaming of a life where the city feels distant and the noise of suburbia fades into the background, this remarkable four bedroom, two bathroom home on approximately four hectares offers exactly that sense of escape. The moment you turn into Versteeg Grove, the world seems to slow.
The tree lined driveway guides you gently upward, past a dedicated space for your caravan, truck or weekend toys, before opening out to a generous parking area framed by low maintenance gardens. From here, the views stretch all the way to the coast on a clear day, reminding you just how rare it is to find a property that feels this peaceful yet remains close enough for an easy daily commute.
A large powered workshop of approximately six by nine metres sits to one side, currently converted into a studio, offering endless potential for creative pursuits or additional living space. The double carport provides shoppers entry directly into the home, where the master suite sits privately at the front. This is a beautifully proportioned room with space for a large bed and furnishings, a walk in robe, and serene views across the rear yard and surrounding trees. The ensuite has just undergone a stunning renovation, finished with floor to ceiling tiling, a walk through shower, a stone topped vanity and a separate W/C echoing the same premium finishes.
The main entry reveals an office to the left and a spacious lounge to the right, where raised ceilings create an immediate sense of openness. A ceiling fan, split system air conditioning and a combustion fireplace ensure comfort in every season, while the dining area flows effortlessly from the living space. The kitchen overlooks it all, equipped with a wall mounted oven, gas cooktop, dishwasher, abundant cabinetry and a walk in pantry. Recently polished cork flooring adds warmth and character throughout the walkways and kitchen, tying the spaces together with a timeless finish.
The opposite wing of the home features three generous bedrooms, each with ceiling fans and floor to ceiling built in robes. They share convenient access to a well appointed bathroom with a separate bath, large vanity and glass panelled shower. An activity room sits centrally within this zone, complete with its own split system air conditioner, making it an ideal retreat for children or a private living space for multigenerational families.
What truly sets this property apart is the feeling it evokes. From most rooms, the outlook is a tapestry of trees, giving the impression of living deep within a forest - and in many ways, you are. The rear boundary meets the Korung National Park, and a neighbouring property houses the state emergency services communications tower, offering an added sense of security in this tranquil pocket of the Perth Hills.
The rear of the home itself is designed for easy living, with a newly constructed gable patio with views that will have you never wanting to leave and a low and with minimal maintenance required and two approximately 90,000 litre water tanks fitted with filtration to ensure excellent water quality and supply year round. Homes of this calibre, offering space, serenity and a lifestyle that feels worlds away from the everyday, rarely linger in today's market.
For further information, please contact Brian on 0438 333 341.
** Please note the Aerial Photos to be used as a guide only with approximate boundaries and distances.
Disclaimer: All information contained therein is gathered from relevant third parties sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Listing description written by Brian Scott, LJ Hooker Thornlie / Canning Vale — reproduced as published, not verified by Districts.