Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
$335,000
Last sold
20 June 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
728 m²
Land
110 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
$335,000
20 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Northam (last 5 years) with land size have a median of $530/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Vs Northam
-35.6%
Median sale
Suburb $520,000
+2.82 pp
Gross yield
Suburb 5.10%
Suburb median $520,000 from 104 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 728 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 $510/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 728 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
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 104 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to 21 Fernie Street Northam... situated on a massive block of approximately 728 square meters, this property is primed with potential. Currently leased out, it offers an immediate investment opportunity, or move in down the track and make the most of what's on offer: three bedrooms - two living areas - one spacious backyard!
Property Highlights Include:
• Three-bedroom, one-bathroom property originally built 1950
• Total lot size of approximately 728 square meters
• Total internal floor size approximately 100 square meters
• Spacious bedrooms with room for storage
• Front living area with large window for natural light
• Rear sleepout with access to backyard
• Separate dining area accessed off kitchen
• Kitchen with gas cooktop
• Split system air conditioning
• Undercover patio
• Garden shed
• Large rear yard
• Views out towards Hills
Location Summary:
• Park and walking paths nearby including Rushton Park and Perina Park
• Avonvale Primary School and Northam Senor High School close by
• Coles Northam approximately 5 minute drive
• Close by to lookouts, picnic spots, bicycle trails, Avon River Descent start point, and many more incredible features that Northam has to offer...
Investor Summary:
• This house is currently tenanted on a fixed term lease until June 2025 for $340 per week
• Market rent for 21 Fernie Street is approximately $415 per week
• HouseSmart is highly active in Northam and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.
Rates & Fees:
• Council: TBA
• Water: $1,564.13 per annum
• Contact our team for more information about any of the above!
Why Buy?
A massive land size, ready to transform into your own property with room for a large shed, garden beds, and whatever else you desire for your own country retreat. One of the last homes in the sprawl of the town, this home provides impressive views towards the nearby farmland and hills from the front of the property. Don't miss out on this incredible opportunity!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.