Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
WA › Ferndale › Bubara Way
$455,000
Last sold
6 Nov 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
665 m²
Land
98 m²
Building
Districts View
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
$455,000
6 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Ferndale (last 5 years) with land size have a median of $1,058/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Ferndale
-43.9%
Median sale
Suburb $811,000
+3.47 pp
Gross yield
Suburb 4.42%
Suburb median $811,000 from 17 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 665 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 $690/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 665 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
Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateCome on in to this three-bedroom, one-bathroom home in Ferndale built originally in 1979, nestled near the back of a cul-de-sac for maximum privacy, and providing ample outdoor living with a massive backyard. Situated on a duplex block, you have run of the mill of a approximately 665 square metres altogether, meaning there's plenty of room for you, your family, pets or hobbies! Currently rented out on a periodic lease, this home provides an immediate investment, with an estimated rental yield of 4.1% at current rent, or 5.5% at market rent.
Property Highlights:
- Three-bedroom, one-bathroom home built in 1979
- Approximately 665 square metres land size, on duplex block
- 98 square metres building size
- Carport plus three open car spaces to driveway
- Reverse cycle air conditioning to living area and main bedroom
- Ceiling fan to main bedroom
- Garden shed to rear
- Large backyard of over approximately 300m2
- Paved side area and side gate access
Investor Summary:
- This property is currently tenanted on a periodic basis for $350 per week
- Market rent for 16B Bubara Way is approximately $475 per week
- With a purchase price of $450,000 and market rent, the estimated rental yield for this property is 5.5%
- HouseSmart Real Estate is highly active in Ferndale and the surrounding areas, and can provide high-quality property management services throughout the duration of the sale and beyond.
Coming in to this property, you will notice there is plenty of space for parking with a wide open driveway allowing three open car spaces, along with a carport with undercover parking for one car. There is a side gate to both sides, for easy access in and out when moving about.
The main door of the property will bring you in to the tiled entry area which is the perfect place to greet guests and store shoes. The sunken living area provides a nice welcoming space, and place to relax in after a long day at work. Keeping this area cool is the reverse cycle split system air conditioner which provides a nice breeze over the room. There is also a sliding door out to the paved side yard, which is great for entertainment, but can also give a natural breeze in to the house when opened.
Moving on through to the dining area, this is open to the kitchen which creates an eating and cooking zone. The kitchen has a large bench top for all your preparation, and there are plenty of cupboards for storage of your kitchen goods. Also featured in this well-designed kitchen are a stainless steel double sink, built-in electric oven, electric hotplates, and a built-in pantry.
The three bedrooms in this home are all a good size. The main bedroom, being the largest, features a wooden built in robe, split system air conditioning, and a ceiling fan. The other bedrooms could easily be used as a study, home gym, or extra storage room if you are by yourself!
Moving out to the backyard, there is a side paved area to which the perfect addition would be a patio or undercover area. There is a wide grass area which is ready for your backyard ideas: will you build a large shed, barbeque area, or put down some fruit trees? The future is up to you - but the house provides the space that you need to make your dreams come true.
Nearby is Bridgeway Park (Approx. 15 min walk), Canning River Regional Park (Approx. 15 min walk), Fountain College (Approx. 5 min drive) and Lynwood Supa IGA (Approx. 3 min drive). There is also a bus stop nearby for public transport options.
Whether looking for an investment property, or somewhere with enough space to move in and make your own, this property holds the roots to the perfect place for you. Make sure that you don't miss out!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.