Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Martin › Versteeg Grove
$1,250,000
Last sold
4 June 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
39,700 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
$1,250,000
4 June 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Martin (last 5 years) with land size have a median of $127/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Martin
+23.2%
Median sale
Suburb $1,015,000
-0.61 pp
Gross yield
Suburb 3.28%
Suburb median $1,015,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
GOSNELLS
Zone
Rural residential
50
Jurisdiction
Gosnells
Gosnells, 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 31 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 31 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 39,700 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.
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 $641/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 39,700 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?
KnownmediumOfficial parcel about 39,902 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
Martin at a glance
2,082
People
$1,015,000
Median sale
$641/wk
Median rent
3.28%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Naked Real EstateWelcome to 193 Versteeg Grove in Martin, if you've been looking for a rural retreat then this property is perfect. With 9.88 acres of parkland cleared land, this property offers endless opportunities. As you enter the home there is a formal entry, then on the left hand side you're greeted by the king-sized master bedroom that has a spacious ensuite. At the end of the entry is a huge formal lounge or games room, whatever suits your family. Around the corner is the open-plan country-style kitchen and family meals areas.The minor bedrooms are all queen sized and all featuring built-in robes. The home has wrap-around verandahs the entire way around, so you can rest and relax enjoying views of the property from every angle.
Moving outside you find a beautiful below-ground pool, which is perfect for cooling off on hot summer days. There is also a powered workshop for all of your projects and storage. The water supply at this property won't be an issue at all, with a good bore to keep the gardens maintained, and plenty of rainwater tanks.
Property features:
Formal entry
Left King sized master with ensuite
Formal lounge
Open plan country style kitchen/family meals area
Minor bedrooms all queen sized with BIR
High ceilings
Below ground pool
Powered workshop
Bore to water garden
Rainwater tanks
Verandahs all around home
9.88 Acres
Parkland cleared
Listing description written by Brendan Leahy, Naked Real Estate — reproduced as published, not verified by Districts.