Connolly at a glance
4,084
People
$1,386,000
Median sale
$695/wk
Median rent
2.61%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
WA › Connolly › Royal Melbourne Ave
$863,000
Last sold
24 Sept 2021
5
Bedrooms
3
Bathrooms
3
Car spaces
981 m²
Land
281 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
$863,000
24 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Connolly (last 5 years) with land size have a median of $1,325/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Connolly at a glance
4,084
People
$1,386,000
Median sale
$695/wk
Median rent
2.61%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Connolly
-37.7%
Median sale
Suburb $1,386,000
+1.58 pp
Gross yield
Suburb 2.61%
Suburb median $1,386,000 from 9 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 981 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 $695/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 981 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
Connolly at a glance
4,084
People
$1,386,000
Median sale
$695/wk
Median rent
2.61%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HKY Real EstateA myriad of choices await the new owner of this large, 2-storey home situated on a 981 sqm block in a super location in Connolly. Close to schools, shops and public transport.
Options are endless, with versatile accommodation to suit a wide variety of family dynamics as this home includes an attached, self-contained annexe consisting of a large double bedroom with en-suite and separate lounge overlooking the back garden with sliding doors leading seamlessly to a covered private patio.
The modern, light and bright kitchen, with plenty of storage overlooks the alfresco area and adjoins the large, central family living area which is the heart of the home. French doors lead from the family area to the covered patio/entertaining area overlooking the huge below ground swimming pool.
Further ground floor family spaces include a separate formal lounge and formal dining room or study. 3 double bedrooms with built in robes, family bathroom, toilet, and laundry complete this level of the home.
Upstairs a spacious entertaining area, with floor to ceiling glass doors, opens to a wrap around covered deck, overlooking both front and back gardens.
The parents retreat features an extra-large master bedroom with built in robes, walk-in-robe, en-suite and separate lounge plus a bonus study/bedroom.
All family members will enjoy the benefit of many features that are difficult to find in a single home.
There is parking space for up to 6 cars with extra room for boat or caravan plus a triple secure garage with roller door leading into rear garden. This is really a home with a huge amount of scope providing opportunity for further ideas and development.
Additional features:
Downstairs:
Double door front entrance
Central family room
Modern Kitchen
Study or Formal Dinning
3 Double Bedrooms with build in robes
Family bathroom
Laundry
Annexe; double bedroom with en-suite and separate lounge with own entrance
Split system air conditioning.
Upstairs:
Parents retreat or theatre room
Extra large master bedroom and en-suite with walk in and built in robes
Study
Entertaining area with full glass doors opening to wrap around deck
Outside
Large below ground swimming pool with brick surround & gazebo
Extensive pitched roof patio
Separate large fenced garden area with lawn
Build year 1990
Block size 981 sqm
Floor area 281 sqm
Disclaimer:
The particulars are supplied for information only and shall not be taken as a representation of the seller or its agent as to the accuracy of any details mentioned herein which may be subject to change at any time without notice. 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 Sharon Brooke, HKY Real Estate — reproduced as published, not verified by Districts.