Hocking at a glance
7,174
People
$1,002,500
Median sale
$757/wk
Median rent
3.93%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Hocking › Welstead Way
$912,000
Last sold
18 Oct 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
600 m²
Land
194 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
$912,000
18 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Hocking (last 5 years) with land size have a median of $1,551/m² of land (n=150). Districts calculation from recorded sales — not a valuation.
Hocking at a glance
7,174
People
$1,002,500
Median sale
$757/wk
Median rent
3.93%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Hocking
-9.0%
Median sale
Suburb $1,002,500
+0.39 pp
Gross yield
Suburb 3.93%
Suburb median $1,002,500 from 56 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 600 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 $757/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 600 m² — that is not official geometry.
Nearby development pipeline
Area
Hocking at a glance
7,174
People
$1,002,500
Median sale
$757/wk
Median rent
3.93%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Rize Real EstateDiscover this delightful 4-bedroom, 2-bathroom home, built in 2003, nestled on a 600m² block with an expansive internal floor area of 194m². This inviting residence combines spacious living areas with modern comforts, offering a versatile layout ideal for family life. With its well-appointed rooms and ample space, this home promises both convenience and style!
Offering unparalleled convenience with Pearsall Shopping Centre and Hocking Shopping Centre just 1 km away, providing a range of amenities including IGA, Woolworths, various dining options, a medical centre, chemists, and more. Hinkley Park, only 200 meters from your doorstep, features a large playground, BBQs, fitness equipment, and toilets for family enjoyment. Additionally, the property is within 2 km of multiple schools and early learning centres, including Pearsall Primary School, Hocking Primary School, St Elizabeth's Catholic Primary School, Nido Hocking, and Pearsall Childcare Centre, making it an ideal location for families.
Features include but not limited to:
- Fantastic street appeal with landscaped gardens and dedicated parking for a caravan or boat!
-Ducted reverse cycle air conditioning throughout and ceiling fans to all main living areas
-4.59kw Solar Unit to keep those pesky electricity bills down
- Modern kitchen, renovated in 2020, features stone benchtops, a large gas stove with electric oven, dishwasher, walk-in pantry, pull-out corner shelves, a spice rack, and a skylight that fills the space with natural light
-The spacious main bedroom features bay windows, ample room for a king-size bed, a walk-in wardrobe with custom fittings, and a modern ensuite renovated in 2020
-This exceptional outdoor entertaining space boasts timber decking, complete with ambient lighting, ceiling fans, a woodfired pizza oven, weather-resistant blinds, a reinforced raised section ready for a spa, and breathtaking, unobstructed sunset views from its elevated position.
-Two separate living areas so the whole family can have their space
-All minor bedrooms are a fantastic size, all with ceiling fans and built in robes (3 being walk in)
-Modern family bathroom with combined bath/shower
-Work from the comfort of your own home with a dedicated office space located between the minor bedrooms
-Conveniently designed laundry space including plenty of storage-ensures practicality in your daily routines with additional walk in linen cupboard
-High quality cork floors throughout all living and bedroom areas
-Great sized garden shed
-Double remote garage
RENT POTENTIAL: Similar homes in the area are renting in the vicinity of $720-$750 pw. Call or message us for a detailed rental comparables report if you are looking to invest.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Mike Gjestland, Rize Real Estate — reproduced as published, not verified by Districts.
Nearby 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.