Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
$1,700,000
Last sold
31 Aug 2024
12
Bedrooms
12
Bathrooms
12
Car spaces
2,908 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
$1,700,000
31 Aug 2024 · derived via latest_sale
Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Nickol
+127.4%
Median sale
Suburb $747,500
-3.90 pp
Gross yield
Suburb 6.96%
Suburb median $747,500 from 68 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 2,908 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 $1,000/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 2,908 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
Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark KarrathaTo be sold by Set Date Sale, with offers closing at 2pm on 3 September, 2024.
Price guide mid -to high 1 million.
What to love?
Could this be your retirement fund? Come along to 2 French Court, a unique investment opportunity set on a sprawling 2908m² parcel of land.
This remarkable property comprises three duplexes, totaling six units, perfectly blending income potential and long-term asset growth.
Property Highlights:
• Units Overview: Of the six units, three are currently vacant, one is leased until 15 January 2025, and two are on periodic leases, each generating $610 per week. A current rental appraisal estimates that upon re-leasing, potential income could be $700 each per week.
• Interior Features: Each unit features tiled living areas with open-plan living and dining spaces that extend to the outdoors through ranch sliders.
The semi-separate galley-style kitchens are equipped with stainless steel sink benches, free-standing electric cookers with rangehoods, timber veneer cabinetry, a pantry, and a fridge space.
• Bedrooms and Bathrooms: The two generously sized bedrooms in each unit are carpeted and come with built-in robes. The bathrooms are well-appointed with vanities, toilets, and showers over baths.
• Exterior Amenities: Each brick unit boasts its own patio, storeroom, and double carport, providing plenty of parking space and convenience for tenants and visitors alike.
• Energy Efficiency: With solar water heating, tenants can enjoy reduced power bills, making the units even more attractive.
2 French Court offers the best of both worlds: a steady income stream now and a valuable asset for your future. Don’t miss out on this golden opportunity to secure a solid investment with immense potential.
Make your offer now and take a step towards securing your financial future with this exceptional property.
What to know?
Block size: 2908m2
Council rates: $13,000.00 approx
Water Rates:
2A French Ct - $905.10
2B French Ct - $890.81
4A French Ct - $897.96
4B French Ct - $905.10
6A French Ct - $905.10
6B French Ct - $905.10
Current estimate of rental income $700/unit/week, total annual income potential of $218,400p.a.
Set Date Sale, offers close at 2pm on 3 September,2024.
Who to talk to?
For more information about the property and the Set Date Sale process, contact Dylan Rakich on 0497 083 254.
Listing description written by Dylan Rakich, Realmark Karratha — reproduced as published, not verified by Districts.