Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Drummond Cove › Drummond Cove Rd
$549,000
Last sold
26 May 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
758 m²
Land
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
$549,000
26 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Drummond Cove (last 5 years) with land size have a median of $816/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Drummond Cove
-19.9%
Median sale
Suburb $685,000
+1.17 pp
Gross yield
Suburb 4.74%
Suburb median $685,000 from 47 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 758 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 $624/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 758 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
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Geraldton Property TeamDrummond Cove is undoubtedly Geraldton's best kept secret offering a coastal lifestyle people dream about!
This well-maintained property offers a spacious land area of 758 sqm with genuine side access to shed which is perfect for the boat or caravan.
This home is perfect for families or those looking for a peaceful retreat close to the beach and still close enough to town to enjoy all amenities that Geraldton has to offer.
The house was constructed in 2007 out of rammed earth with a comfortable living space.
ENTERTAINING
* Modern open plan kitchen, dining and lounge
* West facing protected patio
* Secure backyard for all to enjoy
COMFORT
* Air conditioning
* Ceiling fans
* Large Master bedroom and ensuite
* Generous size minor bedrooms with built in robes
* Spacious family bathroom
* Gas hot water
EXTRAS
* Rammed Earth
* Freshly painted inside
* Some new lighting
* Built in 2007
* All on 758 sqm
* NBN Connected
* Council rates $2,700 p/a (approx.)
* Water rates $1,526 p/a (approx.)
* Estimated rental return in the current market $550 - $600 per week
LOCATION
* Beach 400 m
* Glenfield Shopping Centre 6 km
* Leaning Tree Steiner School 2 km
* Geraldton CBD 12 km
WHAT NEXT
This is an opportunity too good to miss! Be quick to make an offer with Lara, Warrick, Dave or Serena from Team Sadowski/Nevill on 0455 195 799 before you miss out!
"Demonstrating the difference in real estate one property at a time"
DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
Listing description written by Team Sadowski/Nevill, Geraldton Property Team — reproduced as published, not verified by Districts.
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