West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › West Lakes Shore › Greenfield Cres
3
Bedrooms
2
Bathrooms
1
Car spaces
840 m²
Land
142 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in West Lakes Shore (last 5 years) with land size have a median of $1,956/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
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
SAPlanning layers have not been retrieved for this property yet. 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $579/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. This lot’s own applications are a separate question. 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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Flagstaff HillFor more information please contact Kane Tonkin on 0459 129 613.
Perfectly positioned directly across the road from the sparkling waters of the Port Creek that famously runs through West Lakes and just a stone's throw from Semaphore Park beaches, this outstanding 840sqm allotment generously boasts a 20 meter frontage and with a position like this it will no doubt have a long list of savvy buyers waiting to snap it up!
Currently home to a 3 bedroom, 2 bathroom home with the potential to revamp into your own masterpiece, allow your mind to run wild at the possibilities. All services are connected including electricity and water which is a bonus.
If you've been on the hunt for a perfectly positioned blank canvas with an outstanding location - you may have just found it here.
What we love:
- Outstanding flat allotment
- Corner block with fantastic access
- Blank canvas ready to make your own
- Currently home to a 3 bedroom, 2 bathroom home
- Location, location, location
- 840sqm (approx.) allotment
- Built in 1978
Enjoy all that's on offer in this outstanding location. From the close by walking and cycling trails to the short drive to nearby beaches, cafés park or reserves. West Lakes shopping precinct is within close proximity and provides all the services you need.
A diamond in the rough!
Auction Saturday 18th March onsite, unless sold prior.
Ray White Flagstaff Hill is taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
All property information provided is to the best of our knowledge, however, details intended to be relied upon should be independently verified.
Listing description written by Kane Tonkin, Ray White Flagstaff Hill — reproduced as published, not verified by Districts.