Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
$480,000
Last sold
27 Oct 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
4,044 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
$480,000
27 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Gelorup (last 5 years) with land size have a median of $194/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Gelorup
-64.4%
Median sale
Suburb $1,350,000
+5.37 pp
Gross yield
Suburb 2.97%
Suburb median $1,350,000 from 19 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 4,044 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 $770/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 4,044 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
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Summit Realty South West BunburyNestled amongst the leafy suburb of Gelorup sits this lovely family home offering all the space one could need. Situated on a generous 4045sqm this is the perfectly presented four bedroom, two bathroom family home plus study. Boasting an easy flow layout accommodating to the whole family needs with multiple living/entertaining areas this home is sure to impress. Presenting a fantastic opportunity to live in a rural setting but having all the luxuries that a home can offer including a fabulous below ground pool. Located to the rear is a wonderful alfresco area perfect for outdoor entertaining, not to mention a very private yard that will fill the dreams of many families so you can sit back and relax and take in the peaceful and tranquil surrounds while the kids play and run around . The property further boasts a sizable powered workshop plus a double garage. This home is immaculately presented and priced to sell so don't delay.
Other features include:
- 4 Bedrooms
- 2 Bathrooms
- Study
- Master bedroom with walk in robe plus built in robes and ensuite
- Minor bedrooms all with built in robes
- Sunken family room with wood fire and split system
- Spacious lounge room with wood fire and split system boasting featured stone and raked ceilings
- Open plan kitchen, meals and family area
- Well equipped kitchen electric hot plate and oven, single fridge recess, pantry's, ample cupboards, overhead cupboards, appliance cupboard and abundant amount of bench space with breakfast bar, island bench and shoppers entrance
- Abundant amount of storage in this home
- Solar hot water system with electric booster
- Laundry consist of plenty of bench and storage space
- Sparking low maintenance below ground pool surrounded by easy care paving
- Fabulous outdoor entertaining area that features a flat patio which is fantastic space for those Summer BBQ's plus a BONUS Pizza Oven
- Double carport and a driveway offering plenty of parking for a caravan/boat and extra cars
- 9 x 6 Powered workshop or "MAN CAVE"
- Two rain water tanks plus a treated bore with Submersible pump
- The outside of the property features lots of grassed areas for kids to play and a chook run and numerous opportunity for the new owner to get creative
- Moments to Dalyellup shopping centre, Bunbury Grammar school for convenience and easy access to Bunbury
With a magnificent outlook to the front of this property which creates its own unique feel and privacy, this home has so many wonderful features that will not disappoint. Do yourself a favour and call today to secure a private viewing. Contact Exclusive agent Tracy Mills 0429 000 887
Listing description written by Tracy Mills, Summit Realty South West Bunbury — reproduced as published, not verified by Districts.