Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
WA › Gwelup › Mallee Way
$1,255,000
Last sold
2 Mar 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
420 m²
Land
345 m²
Building
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
$1,255,000
2 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,546/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-24.2%
Median sale
Suburb $1,655,000
+0.91 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 420 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 $913/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 420 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property DalkeithBoutique location opposite Park Square in the wonderful "Willows Estate".
Immaculately presented executive home located in the unique Willows Estate Gwelup and only minutes away from the spectacular iconic "Secret Garden" in Careniup Wetlands Reserve.
This 2 storey residence has 5 good-sized bedrooms, 3 bathrooms and a separate study zone. With a clever design that has been well thought through, the lower level harmoniously offers a 2nd separate master bedroom/guestroom with ensuite and walk-in robes, along with a separate children's wing with 2 double size bedrooms, 1 bathroom and a study area.
The home flows to an open-plan living space with a deluxe kitchen, dining and living area with a gas feature fireplace.
The living area spills out through a large slider door to blend the indoor- outdoor entertaining area while the large timber-decked alfresco area boasts with a high cedar ceiling, ceiling fan, built-in BBQ and kitchenette, overlooking a sparkling salt water, self managed pool with a lovely waterfall feature.
Upstairs there is an impressive resort-style master bedroom with ensuite and walk-in wardrobe with a large balcony to sit and watch the sunset and enjoy the outlook of your very own beautiful serene private estate park garden. On the same level the double doors lead to a massive theatre room with a kitchenette, a bar, fully carpeted and designed for movie nights at the comfort of your own home.
Features:
- 5 bedrooms
- 3 good-sized bathrooms
- Impressive family living with soaring high ceilings
- Feature stone gas fireplace in family room
- Deluxe granite kitchen
- Timber-decked alfresco area with built-in BBQ, sink overlooking the pool
- Outdoor store room
- Large double lock-up garage with internal shopper's entry
- Huge laundry with loads of storage
- R/C split system air-conditioning
- Ducted vacuuming, smart wiring throughout, CCTV security cameras and a security-alarm system
- Fully reticulated garden
- West facing, capturing a lovely sea breeze
Walking distance to Karrinyup Waters Resort and Café and the prestigious Karrinyup Country Club and golf course.
Short distance from Karrinyup Shopping Centre and 8 minutes from Trigg Beach Café.
Located near excellent schools, Carine Senior High School, Lake Gwelup Primary School & St Mary's Anglican Girls' School.
*Please note that while best effort is made to ensure rates are correct at time of listing, they are provided for reference only and may be subject to change. Chattels depicted or described are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Tina De Luca, Acton | Belle Property Dalkeith — reproduced as published, not verified by Districts.