Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › Gwelup › Bullrush St

2 Bullrush St, Gwelup WA 6018

House

$1,071,000

Last sold

17 Aug 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

513 m²

Land

215 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,071,000 (17 Aug 2021).(Recorded sale)
  • CalculationRecorded House sales in Gwelup (last 5 years) with land size: median $2,548/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,071,000

17 Aug 2021 · derived via latest_sale

Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,548/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

Gwelup at a glance

5,676

People

$1,655,000

Median sale

$913/wk

Median rent

2.87%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gwelup report →

Vs Gwelup

-35.3%

Median sale

Suburb $1,655,000

+1.56 pp

Gross yield

Suburb 2.87%

Suburb median $1,655,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,071,00017 Aug 2021
  2. Listedprice unknowncompleted12 Aug 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 513 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $913/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 513 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gwelup in one glance

Gwelup at a glance

5,676

People

$1,655,000

Median sale

$913/wk

Median rent

2.87%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gwelup report →

Keep researching

  • Why Gwelup? Read the area thesis →
  • What else is on the market in Gwelup →
  • Other records on Bullrush St →

Listing material

Listed by Julie Ormston & Partners

Hurry Offers Pending!

Gwelup Grandeur

If you are looking for a spacious, gracious, home, in premier Gwelup location, best circle this one! You will be impressed by this lovely and deliciously deceptive Peter Stannard home. This truly surprising home will suit a wide range of Buyers! Set on a level, 513m2 corner block, this beauty is BIG on living and small on effort. A fabulous combination, perfect for our busy lifestyles. Offering a versatile configuration, this home is the perfect new address for families of all ages.

3 Bedrooms | 2 Bathrooms|Office/4th Bedroom | Lounge/media room | Family | Dining | Double Garage | Attic storage

Read the full description

- Space, grace, and charm are evident from the moment you step through the double door entry, onto the stunning Karri floorboards and into the impressive foyer.

- This versatile plan has been thoughtfully designed, with the main suite tranquilly positioned to the rear of the home, generous bedrooms and two very separate living areas for your family to enjoy.

- The lounge features dual aspect windows with plantation shutters, plush carpeting, and double door entry. It is a warm, inviting room, perfect for snuggling down together to watch a movie or to escape from the children. It is a beautiful room to relax and recuperate in.

- The main bedroom is tranquilly positioned well away from the minor bedrooms. A traditionally themed ensuite has a corner spa bath, twin vanity, and separate toilet. A good sized walk in robe completes this suite.

- The enclosed home office is large enough to be utilised as a 4th bedroom if required. Sitting off the entry, it is ideally placed for a home business.

- At the heart of the home sits the timeless kitchen, with broad Corian benches, overhead cabinetry, 900mm 5 burner gas hotplate and under bench electric oven and Bosch dishwasher. There is a walk in pantry and fridge/freezer capacity.

- Adjacent communal dining is the ideal place to congregate while the chef creates.

- Large sunken living area provides harmonious recreation options for families of any size.

- All generously proportioned bedrooms are fitted with double robes.

- The three way family bathroom will reduce your morning queues. There is a separate vanity, toilet and a shower and bath combination.

- The decked verandah has been extended by a patio, ensuring effortless indoor/outdoor entertaining. A fabulous, thatched gazebo is perfect for lazy Summer days. There is a lush patch of lawn for pets and children to enjoy.

The double garage has attic storage.

- Year round comfort with commercial grade ducted reverse cycle air-conditioning, gas bayonet and batts in insulation.

- 5kw solar system and bore reticulation, will dramatically reduce your household expenses.

- Rheem Stellar gas storage hot water system; NBN connectivity; security alarm.

- 2005 custom built by Peter Stannard homes with approximately 215m2 of living on 513m2 lot.

Disclaimer:

In preparing this information, Eview Group and it's members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.

Listing description written by Julie Ormston, Julie Ormston & Partners — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning

Also look at

Also for sale in Gwelup

  • 32 Gribble Rd, Gwelup WA 6018

    4-bed house for sale. Currently listed.

    For sale
  • 15 Balcatta Rd, Gwelup WA 6018

    5-bed house for sale. Currently listed.

    For sale
  • 1 Turnix Rd, Gwelup WA 6018

    4-bed house. Currently listed.

    For sale
  • 4/7 Bindoon Cl, Gwelup WA 6018

    0-bed land. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.