Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Forrestfield › Essex St
$480,000
Last sold
16 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
803 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
16 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Forrestfield (last 5 years) with land size have a median of $1,097/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Forrestfield
-45.8%
Median sale
Suburb $885,000
+3.44 pp
Gross yield
Suburb 4.07%
Suburb median $885,000 from 60 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 803 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 $693/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 803 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
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Stirling ClarkIf you're the type of person, couple or family that loves to entertain and have a good time then this is the place you need to call home. Here at 22 Essex Street in Forrestfield is an amazing 4 bedroom home that boasts the ultimate outdoor entertaining area with a semi enclosed patio area that looks down to the secluded spa and chill out zone. If a big shed is a must have to fulfill what you want then again we've got you covered with a powered 10x5 workshop.
Inside there's a great sized kitchen with all the things you'd expect like below and overhead cupboards, gas cooking and breakfast that all looks through to the alfresco.
Space here is not an issue with a sunken front lounge and formal dining area, and then another sunlit living area which is climate controlled by the ducted air-conditioning and reverse cycle split system.
Sitting on a 803 sqm block in a serene cal-de-sac, you're just going to love it!
All features:
- Large open kitchen features 4 burner gas cook top and range hood, Bosch dishwasher, a huge amount of below and overhead cupboard space and skylight
- Tiled living and dining area with gas bayonet and Panasonic reverse cycle air-conditioning
- Sunken front lounge room with gas bayonet and formal dining room all secured by roller shutters
- Cosy master bedroom features mirrored built in robes, reverse cycle split system, ceiling fan, roller shutters and separate ensuite
- 3 minor bedrooms all with ceiling fans and roller shutters
- Ducted air-conditioning through out
- Semi enclosed tiled patio area with double ceiling fans that can be completely closed up with outdoor blinds and solid timber glass doors
- Sunken spa and chill out zone sits on a timber decking and in fully fenced in with modern glass barriers
- Tandem car carport
- 10x5m approx. powered work shop with a separate smaller garden shed
- Massive 803sqm block
- Built 1981
- Front and rear bore reticulation
- Solar system
- NBN Connected FTTN
For a viewing time or any queries you have, please contact Scott Jordan on 0419 903 244.
*Please note photos may vary and are for illustration purposes only
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Listing description written by Scott Jordan, Professionals Stirling Clark — reproduced as published, not verified by Districts.
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