Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$790,000
Last sold
8 Nov 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
677 m²
Land
132 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
$790,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Ferndale (last 5 years) with land size have a median of $1,040/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Ferndale
-2.6%
Median sale
Suburb $811,000
+0.12 pp
Gross yield
Suburb 4.42%
Suburb median $811,000 from 17 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 677 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 $690/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 677 m² — that is not official geometry.
Nearby development pipeline
Area
Ferndale at a glance
5,283
People
$811,000
Median sale
$690/wk
Median rent
4.42%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nearwater Real EstateCaleb Dalziell of Nearwater Real Estate is proud to present this potential-packed property to the market. This property has never been sold before and presents a unique opportunity to enter the highly sought-after Ferndale locale.
Situated at the entry of Lyness Place, this property offers the perks of quiet cul-de-sac living yet is packed with potential. As we all know, a property purchase is about discerning the opportunity and buying with the future in mind. Whether you're an owner-occupier looking for your first or next home, or an investor seeking to enter the market or add to your established portfolio, let's pause and explore some of the opportunities within this property:
OPTIONS:
1) Renovate and Extend! Take advantage of the large corner block by adding a pool or paving an area for your boat, caravan, or trailer, courtesy of the pre-existing crossover on the non-primary street (Gurnard Road).
2) Add a Granny Flat!* Are you an investor chasing multiple income streams? Or parents wanting to create a fully separate and independent teenage retreat? Again, courtesy of the pre-existing crossover on Gurnard Road, you could create a fully independent dwelling or Granny Flat with its own private access. Think AirBnB or long-term rental!
3) Buy & Hold for the long term. At 677m² (R20), this block falls just shy of the 700m² required for subdivision potential. However, as local councils revise their planning and zoning strategies over time, any future re-zoning of this area could positively impact this property!
Back to the house, we have a lovely living room with a cozy wood fireplace, adjoining a formal dining room that could also serve as an activity room or playroom, given its proximity to the kitchen-the heart of the home!
The kitchen is updated with an induction cooktop, oven, double sink, ample storage, and a mini breakfast bar. Large pane windows offer a lovely north-facing view over the alfresco area and backyard.
The dining area is light and bright, thanks to the north-facing sliding doors, which provide seamless access to the alfresco area and backyard. There's even a stunning built-in buffet for additional storage and convenience.
The four bedrooms are generously sized, with added security and privacy thanks to roller shutters on the street-front bedrooms. The laundry, bathroom, and separate toilet are spacious and functional.
If you enjoy entertaining, the large north-facing patio offers plenty of space for a BBQ or two!
PROPERTY FEATURES:
- Ducted evaporative A/C
- Additional crossover (to Gurnard Rd) with potential for boat/trailer/caravan access into the rear yard or private access to a future Granny Flat*
- Timber floorboards
- Updated kitchen
- Induction cooktop
- Mini breakfast bar
- Built-in robes (BIRs) in the master bedroom
- Roller shutters on front windows (three of which are electric)
- Enclosed carport with automatic door
- Plenty of additional storage adjacent to the carport
- Massive shed
- Ample room for significant extensions, a pool, or a future Granny Flat*
- Gas hot water system
- Reticulated garden beds
- Built-in buffet
- Wood fireplace
- Security screens
- Alarm system
- Bonus: Washing machine included!
LOCATION:
Just a few minutes' walk from the stunning Canning River and 3 km from Carousel Shopping Centre, you'll be close to a wide range of shopping, medical, and public transport options. Additionally, the property is near Bannister Creek Primary School and Lynwood Senior High School.
Come and see the potential for yourself at one of our upcoming home opens, or contact Caleb Dalziell to discuss further.
RATES & FEES:
Council: $1,737/yr
Water: $1,007/yr
*Denotes: Any proposed Granny Flat, renovation or addition is obviously Subject To Council Approval (STCA).
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract. Further, any floor plans or virtual staging included in the marketing material are for illustrative purposes only and the accuracy of dimensions or areas cannot be confirmed and should not be relied upon. Further, any rates or strata fees noted are estimates based on available information at time of publishing.
Listing description written by Caleb Dalziell, Nearwater Real Estate — reproduced as published, not verified by Districts.
Nearby 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.