Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Corrigan Way
$618,000
Last sold
22 Aug 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
430 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$618,000
22 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Greenwood (last 5 years) with land size have a median of $1,448/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-46.1%
Median sale
Suburb $1,146,750
+2.92 pp
Gross yield
Suburb 3.41%
Suburb median $1,146,750 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
JOONDALUP
Zone
Residential
1
Jurisdiction
Joondalup
Joondalup, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 430 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $752/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.
2 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 430 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?
KnownmediumOfficial parcel about 909 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Greenwood at a glance
10,764
People
$1,146,750
Median sale
$752/wk
Median rent
3.41%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroWelcome to 17B Corrigan Way, a beautifully presented 3-bedroom, 1-bathroom home that ticks all the boxes for first-home buyers, savvy investors, and those looking to downsize without compromising on comfort. Freshly painted throughout this property is here to save you time and money. Compromising of three fantastic bedrooms, an open living area, and a dining area overlooking the rear gardens this is a home not to be missed. Long held by the same owners with clear instructions to sell, do not miss out on this fantastic opportunity
• 3 bedrooms
• 1 bathroom
• Double brick
• Tile roof
• Freshly painted
• New floor coverings
• Updated kitchen
• AC to the bedroom and main living area
• 430sqm block
Prime Location: Situated in the heart of Greenwood, this property offers the perfect blend of tranquillity and convenience. You'll find yourself just minutes away from essential amenities:
• Greenwood Village Shopping Centre: Enjoy a variety of shops, cafes, and services right at your doorstep.
• Warwick Grove Shopping Centre: A short drive away, offering a larger selection of retail outlets, restaurants, and entertainment options, including a cinema.
• Parks and Recreation: Several nearby parks, including Penistone Park and Blackall Reserve, provide ample green space for outdoor activities, picnics, and walks with the family.
• Schools: Families will appreciate the close proximity to Greenwood Primary School, West Greenwood Primary School, and Greenwood College.
• Transport: Greenwood Train Station and bus routes are nearby, ensuring easy access to Perth CBD and surrounding suburbs.
The Property: Step inside this immaculate unit, where every detail has been carefully considered. The home features:
• Spacious Bedrooms: Three generously sized bedrooms, perfect for a growing family or accommodating guests.
• Modern Bathroom: A well-appointed bathroom with contemporary finishes with AC
• Open-Plan Living: A light-filled living and dining area that flows seamlessly into the kitchen, creating an inviting space for entertaining and everyday living.
• Updated Interiors: Freshly painted, with new floor coverings and updated light fittings, this home is ready to welcome you without the need for any further work.
• Outdoor Bliss: The standout feature of this property is the expansive backyard. Whether you're looking to create a play area for the kids, a safe haven for pets, or even install a swimming pool, this outdoor space offers endless possibilities.
Investment Potential: For investors, this property presents a fantastic opportunity with in a potential rent return of $600-$620pw
Ready to Move In: This home is truly move-in ready. With nothing left to do, you can start enjoying the benefits of homeownership or adding this gem to your investment portfolio immediately.
Don't miss out on this exceptional opportunity to secure a property in a sought-after location. Whether you're starting your homeownership journey, looking to invest, or seeking the perfect downsizer, 17B Corrigan Way is the home you've been waiting for. Contact us today to arrange a viewing!
Water rates: $961.37 p/a (approx.) - For period 01/07/2023 to 30/06/2024
Council rates: $1,456.64 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Hasi Kodagoda, Porter Matthews Metro — reproduced as published, not verified by Districts.
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