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.
$495,000
Last sold
23 Jan 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
683 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
$495,000
23 Jan 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
-42.0%
Median sale
Suburb $853,500
+2.74 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 683 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 683 m² — that is not official geometry.
Nearby development pipeline
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 O'Neil Real EstateAn amazing opportunity to pick up a comfortable 3-bedroom, 1-bathroom home with a big backyard and close to the CBD.
INSIDE:
This three-bedroom, one bathroom is a great investment property with a long term tenant and subdivision potential! A large lounge is located at the front of the house, with a dining room and kitchen area behind. These rooms are well sized, the kitchen is equipped with electric oven and stove and a stainless steel sink looking over the backyard. The main bedroom is well sized with a built-in robe, and the secondary rooms are also well sized. The original timber flooring is throughout the house. Ducted evaporative air-conditioning provides climate control.
OUTSIDE:
Set on a fully fenced, 683 sqm block, in a quiet but convenient location, this property offers great options for homeowners or investors, offering great rental returns for years to come. A verandah provides a shaded area behind the house and looks out onto a big backyard with trees providing shade and great aspect. A great sized shed to one side has storage space for any outdoor equipment or extra storage requirements. A gate to one side also provides easy side access to the property.
INVESTORS:
Zoned R20/30 means this is a two unit site and the side access is a feature many such investors seek after. Subdivision is subject to council approval, buyers must do their own due diligence. Property is currently tenanted to 05/02/2024 at $380 p/w. Current Rental Appraisal is $450 - $490 per week. Note: this price is based on the property in its current condition. With property refurbishment and improvements a rent amount of $520 - $580 per week could possibly be achieved. There is a demand for tenants that are looking for properties like this one!
LOCATION:
Located in Kenwick this property has great access to a range of amenities. Roe Hwy access is within minutes, while Westfield Carousel Shopping Centre is less than 5km away!
HOW TO VIEW:
This property is available to view by appointment only. Please enquire on this property and we will be in touch to book your viewing.
PROPERTY PARTICULARS:
• Build Year: 1972
• Block Size: 683 sqm
• Zoning: R20/30
• Council Rates: $1,550/pa
• Water Rates: $1,031/pa
• Rental Appraisal: $450-490 p/w
(all values are approximated)
Listing description written by Ash Swarts, O'Neil 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.