Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Mccartney Cres
$1,227,500
Last sold
26 Oct 2022
4
Bedrooms
2
Bathrooms
3
Car spaces
778 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
$1,227,500
26 Oct 2022 · derived via latest_sale
Local land rate: recorded House sales in Lathlain (last 5 years) with land size have a median of $1,894/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Lathlain
-20.3%
Median sale
Suburb $1,540,000
+0.57 pp
Gross yield
Suburb 2.23%
Suburb median $1,540,000 from 11 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 778 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 $660/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 778 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthA rare find this close to the city; this impeccable family home on a full size block ticks all the boxes. Crafted by extending the original, 1958-built 2-bedroom residence and updating the interiors with beautiful materials. There are four good sized bedrooms with the master bedroom featuring a working fireplace and TV point. There are also two bathrooms – one is sleekly designed with a single shower, and the other has a stylish shower and separate bath.
The open-plan galley kitchen includes island benchtop, a 5-burner gas stovetop suitable for wok and griddle, plus a 900mm oven. Generous storage options here are complimented by discreet cupboards and shelving throughout the home. Lovingly maintained floorboards and reverse-cycle air-conditioning are excellent at maintaining internal temperatures, and a new Rinnai instant gas hot water unit services the whole house with ease.
To the rear of the 778sqm block, gorgeous decking supports an outdoor entertainment area under the main roof, complete with ceiling fans and TV point. The size of the property is easily illustrated: beyond the sliding electric gate and down the long driveway there is wide lawn bordered by established gardens, thriving citrus trees and a firepit area. A single garage or powered workshop and separate garden shed are tucked neatly into the back corner. There is still plenty of room for a pool, parking for 2 more cars, the boat or caravan.
Kick the footy at Mineral Resources Park, home of the West Coast Eagles which sits opposite creating a lovely open feel and reducing the overall density of the area and offering a site for community events. There are public and private schools nearby, impressive nature play parks and scooter paths, and excellent transport options to Perth CBD.
Property Features:
• Four good size bedrooms (3 with BIRs and ceiling fans)
• Study/5th bedroom
• One bathroom with shower, other with shower and separate bath
• Renovated kitchen/dining room with stone benchtop
• Open lounge with ceiling fan, reverse cycle air-conditioning and gas bayonet
• Rinnai instant gas water heater
• Bosch security alarm
• Decked outdoor entertainment area
• Large rear yard with citrus trees, firepit area and shed
• Single garage/powered workshop
• Huge 45 sqm attic for storage
• Across from Mineral Resources Park
• Close to schools, playgrounds, cafes and entertainment
• Easy access to buses, trains and Perth Airport
• Surrounding major roads: Albany Hwy, Great Eastern Hwy and Orrong Rd
• 778sqm block
• Water Rates: $ 1,169.50 pa
• Council Rates: $2,006.46 pa
Expressions of Interest Close 27 October 2022 at 6pm (unless sold prior).
Book your viewing with Michael Keil at 0412 255 838 or michael@michaelkeil.com.
michaelkeil.com working in conjunction with The Agency.
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 Michael Keil, The Agency Perth — reproduced as published, not verified by Districts.