Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 159 recorded sales (last 12 months) — a Districts calculation.
WA › Wellard › Pennine Way
$757,000
Last sold
15 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
480 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
$757,000
15 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Wellard (last 5 years) with land size have a median of $1,913/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 159 recorded sales (last 12 months) — a Districts calculation.
Vs Wellard
-10.9%
Median sale
Suburb $850,000
+0.53 pp
Gross yield
Suburb 4.33%
Suburb median $850,000 from 159 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 480 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 $708/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 480 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
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 159 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coulson & CoMichael Coulson proudly presents 22 Pennine Way - Click 'Read More' for details and price guide.
- Price Guide : Comparable 4x2 homes in Wellard have sold between $740,000 to $800,000. Offers are expected in or above this range. All Offers will be presented for the Sellers consideration.
WATCH VIDEO WALKTHROUGH FOR DETAILS -
Click 'video' button in 'Helpful Links' section.
Viewings -
Please review the video inspection available. To minimise inconvenience to the tenants, only available viewings are at the advertised home opens.
Property Details -
✓ RENTAL APPRAISAL | $680-$700 per week
✓ Build year 2014, Block size 480 sqm
✓ Current Status : Fixed term lease until 8th September 2025 paying $660 per week.
Ok! Let's talk about the home -
Welcome to 22 Pennine Way - a modern and well appointed 4 bedroom, 2 bathroom home built in 2014. Set in a sought-after pocket of Wellard, this property offers an ideal blend of comfort, space, and practicality. With multiple living areas and a family-friendly backyard, it's the perfect opportunity for investors, families or anyone seeking low-maintenance living close to local shops, parks and public transport.
Features You'll Love:
✓ Brick & Colorbond 2014-built home on an easy-care 480 sqm block.
✓ Master bedroom with walk-in robe and private en-suite with separate toilet.
✓ All remaining bedrooms are of good size and include mirrored built-in robes.
✓ Open plan kitchen, family and dining - great for entertaining or everyday living.
✓ Kitchen features stone benchtops, 900mm gas cooktop, walk-in pantry and double fridge space.
✓ Separate theatre room for movie nights or a second living area.
✓ Ducted reverse cycle air conditioning for year-round comfort.
✓ Alfresco under the main roof overlooks the grassed backyard – great for kids or pets.
✓ Double garage with internal access.
Location Highlights:
✓ Approx 1.7km (3 min drive) to Wellard Train Station
✓ Approx 2km (4 min drive) to Wellard Square (Woolworths, Pharmacy, Takeaways etc)
✓ Approx 950m (2 min drive) to Wellard Village Primary School
✓ Approx 2.9km (5 min drive) to Wellard Primary School
✓ Approx 3.1km (5 min drive) to Peter Carnley Anglican Community School
NOTE: Photos are not recent and used as a guide only. Please refer to the property video for the most up-to-date view.
*While every effort has been made to ensure information is current and correct at the time of publication, buyers must conduct their own due diligence.
HOW TO OFFER :
Head to my Offer portal - https://propps.me/michaelcoulson
Scroll down and find this listing. Register in 30 seconds and submit your Offer.
Offers are non binding until the Seller accepts your Offer and a Contract is drawn up and accepted by you and the Seller. A draft contract of sale with Sellers disclosure statement and certificate of title is available to view via the portal.
Listing description written by Michael Coulson, Coulson & Co — reproduced as published, not verified by Districts.
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