Kenwick at a glance
6,652
People
$853,500
Median sale
$622/wk
Median rent
3.79%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
$550,000
Last sold
22 Mar 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
700 m²
Land
89 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
$550,000
22 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Kenwick (last 5 years) with land size have a median of $1,044/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Kenwick at a glance
6,652
People
$853,500
Median sale
$622/wk
Median rent
3.79%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Kenwick
-35.6%
Median sale
Suburb $853,500
+2.09 pp
Gross yield
Suburb 3.79%
Suburb median $853,500 from 40 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 700 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 $622/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 700 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
Kenwick at a glance
6,652
People
$853,500
Median sale
$622/wk
Median rent
3.79%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to this sturdy brick and tile three-bedroom, one-bathroom Kenwick home. Built originally in 1977, the home enjoys a superb block size of 700 square metres zoned R20/30 - meaning subdivision potential – and an internal floorspace of approximately 90 square metres. The property enjoys a good internal semi-open plan kitchen and living layout, large windows, ceiling fans and split cycle air conditioning, and a large rear patio and workshop space. Inviting gum trees keep your home shaded, private and comfortable. The property is currently leased at $510 per week until May 2024 meaning it’s perfect for a patient owner occupier looking to move in after the tenants lease ends, or, an investor who would seek to renew the lease and have sustained rental income from day one! Speak to our team today.
Property Highlights:
- Three-bedroom, one-bathroom home built in 1977
- Approximate internal living area of 90 square metres
- Total land size of 700 square metres zoned R20/30
- Semi-open plan living and kitchen space with lots of natural light through large windows
- Kitchen with wrap-around U-shaped benchtop and freestanding gas stovetop oven
- Split cycle air conditioning in lounge room
- Three carpeted bedrooms with large windows and ceiling fans
- Bathroom with tiling and separate bath, shower, and vanity unit
- Large rear patio and drive-through carport
- Powered workshop at the rear
- Proximity to Kenwick Train Station, Kenwick Village, and Maddington Central shops
Investor Summary:
- The property is currently leased until May 2024 at $510 per week
- Beyond May 2024 the lease becomes month-to-month, if you are an investor seeking to retain the tenants then this gives you options to offer a new fixed term lease to the tenants, equally a periodic lease provides you with options to request vacant possession.
- Market rent for 18 Short Street is approximately $570 per week.
- Based on a purchase price of $450,000 and market rent, the estimated gross annual rental yield here is 6.6%
- HouseSmart Real Estate is highly active in Kenwick and surrounds, and can provide high-quality property management services throughout the course of the tenancy and beyond.
Drive on up to this brick and tile home, located away from the road, and shaded by Australian Marri and Gum trees. The carport opens straight up through to the rear workshop and patio area, or equally you could park in the driveway. The house enjoys a good vantage over the street and yard via large windows. Walk through the entrance of the home and enjoy a semi-open plan living area, lit by natural light and kept comfortable by ceiling fans and a split cycle air conditioning unit. The living area has a ceiling fan and timber-look vinyl flooring too. This space extends to a glass sliding door that opens to the backyard. For entertainment, the room has a recessed area for a TV and entertainment unit too.
Step into your kitchen, with a large wrap-around U-shaped benchtop with timber accent cupboards. Above the bench, retro floral tiles serve as a splashback. The kitchen has a freestanding gas stovetop oven. A skylight provides natural light, and wall-mounted shelving provides additional storage.
The bedrooms enjoy carpet flooring, power points, large windows with vertical blinds, ceiling fans, and timber trim skirting. The bathroom has more floral retro feature-tiling around the bath, shower and vanity. A frosted glass window allows natural light into the bathroom without compromising on privacy.
An absolutely prime feature of this property is the rear patio that spans the whole width of the home, connected to the carport and the powered workshop at the rear. The property is located near Kenwick Train Station, Kenwick Village, and Maddington Central shops. Tonkin Highway, Albany Highway, and Roe Highway are all within close proximity.
Contact our team today – Don't miss out!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.