Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
WA › Wellard › Homestead Dr
$661,000
Last sold
21 Jan 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
2,186 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
$661,000
21 Jan 2026 · derived via latest_sale
Local land rate: recorded Land sales in Wellard (last 5 years) with land size have a median of $967/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Vs Wellard
-22.2%
Median sale
Suburb $850,000
+1.24 pp
Gross yield
Suburb 4.33%
Suburb median $850,000 from 160 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 2,186 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 $708/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 2,186 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
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by JW ResidentialWhat: A shady 2186sqm block of vacant land
Who: Seekers of peaceful living with spacious surrounds to enjoy, yet all the amenities just moments away
Where: Within the sought after Homestead Ridge Estate for premium tranquillity throughout, whilst still close by to a variety of shopping, schooling and transport links
Set on the very edge of the hugely popular and tranquil Homestead Ridge Estate, this outstanding opportunity offers 2186sqm of premium land, where peace and quiet are the daily norm, and complete convenience is just moments away. Providing a blank canvas and unlimited potential to create not only a new home, but a new lifestyle too, you have the rare opportunity to design a residence to truly meet the needs of your family. The spacious surrounds ensure extensive gardens to fill, with the possibility for a sparkling below ground pool, a huge workshop or simply a private sanctuary to retreat to at the end of the day, with minimal neighbouring properties but a true sense of community throughout.
Located just a short trip from the fully stocked shopping centre, you have supermarket facilities, speciality stores and dining options all close by, while the train station ensures a straightforward commute with the CBD reached in under 30 minutes for ease of connectivity. Excellent road and bus links add to the convenience, with the nearby suburbs of Kwinana, Rockingham and Baldivis just a little further for added appeal, while the pristine coastline is equally within reach for your recreational enjoyment. And finally, for laid back family living, a variety of schooling and childcare facilities ensure educational options for all ages, with even the local TAFE within reach.
Shady trees extend throughout the block, providing both peace and privacy for all, while no existing buildings are in place for you to remove, and the ground is flat and level to ensure no delays in building the dream. The estate itself was first established in 1987, with current residents offering a welcoming community with a focus on relaxed lifestyle living, while the secluded surrounds offer a haven like setting and are home to a vast array of native birds and wildlife that are sure to become regular visitors, offering a truly idyllic setting in which to create your new home.
And the reason why this property is your perfect fit? Because space, lifestyle and location combine in this spacious and perfectly placed opportunity.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Denelle Bernhardt, JW Residential — reproduced as published, not verified by Districts.