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WA › Tom Price › Cogelup Way

221 Cogelup Way, Tom Price WA 6751

House

$1,400,000

Last sold

29 Sept 2023

9

Bedrooms

4

Bathrooms

6

Car spaces

1,597.932 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,400,000 (29 Sept 2023).(Recorded sale)

What could make it worth more?

  • FactZoned Residential (1) under the ASHBURTON.(Landgate SLIP · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$1,400,000

29 Sept 2023 · derived via latest_sale

Tom Price at a glance

3,512

People

$685,000

Median sale

$452/wk

Median rent

3.43%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Tom Price report →

Vs Tom Price

+104.4%

Median sale

Suburb $685,000

-1.75 pp

Gross yield

Suburb 3.43%

Suburb median $685,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ASHBURTON

Zone

Residential

1

Jurisdiction

Ashburton

Ashburton, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1783763

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

2023$1.4m$1.4m
  • Sold (recorded)
  1. Sold$1,400,00029 Sept 2023
  2. Sold$1,400,00028 Sept 2023
  3. Listedprice unknowncompleted4 Sept 2023
  4. Listedprice unknowncompleted4 Sept 2023
  5. Listedprice unknowncompleted7 Sept 2022
  6. Listedprice unknowncompleted7 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $452/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

2 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 7,830 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Tom Price in one glance

Tom Price at a glance

3,512

People

$685,000

Median sale

$452/wk

Median rent

3.43%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Tom Price report →

Keep researching

  • Why Tom Price? Read the area thesis →
  • What else is on the market in Tom Price →
  • Other records on Cogelup Way →

Listing material

Listed by Hedland First National

MAKING $230,000 INCOME EACH YEAR, THAT'S 12% ROI

3 SEPERATE HOUSES ALL ON THE ONE TITLE

You really need to see this set up! It's an Investors' ideal investment property!

The “Big House” as its affectionately referred to, is a modern 2 storey home that is currently on a fixed 2 year lease agreement at $2000 per week. The corporate tenant has been a long term occupant of this property for over 10 years, and wishes to continue to use this as their primary place of residence in Tom Price.

Read the full description

It consists of a very modern kitchen complete with commercial sized gas cooking appliances, red wood cabinetry, which leads on to the roomy open planned living and dining space.

Down stairs are two spacious bedrooms, both fitted with split air conditioning, which are serviced by a spacious bathroom and laundry, which you cane walk through, to get access to one of the side verandah areas.

Access from the downstairs living area takes you straight out to shady wrap around verandahs, a HUGE lock up workshop and the under cover parking spaces. Furthermore, the rear area of this house block, is also accessible from two separate double access gates from the two road side areas.

Upstairs is the location of a very light and bright adult retreat living space, complete with a lovely walk out balcony, which offers sweeping views of the nearby hills of Tom Price. The retreat is serviced by a full sized ensuite bathroom and a large BIR.

House 2 and House 3, which are separately accessed from another street and have their own seperate driveways.

Perfectly designed to meet the accommodation needs of extended family members, or better still, these can be used for staff accommodation requirements.

Both House 2 and House 3 are modern looking and are made of colourbond construction, offering 3 bedrooms, an open plan kitchen and loungeroom area, one fully sized bathroom, one separate laundry and are individually fenced, providing extra privacy and security.

House 2 is currently leased to a long term corporate tenant at $1200.00 per week on a fixed lease which is due to expire on the 31st August 2023.

House 3 is currently leased to a long term corporate tenant at $1300.00 per week on a fixed lease which is due to expire on the 12th June 2023.

In today's Tom Price rental market, where demand far outstrips supply, the Big House is attracting a rental income of $2000 per week, this, combined with the two existing guaranteed rental incomes of $2500 per week, meaning all houses on this one single lot, generates a rental income of over $4500 per week, a staggering $230,000+ PA.

Shire Council Rates: $5419.67 per year

Please note: these dwellings are cited on the local map as being situated at 220A, 220B and 220 Moonah Street TOM PRICE

CONTACT DOUG TODAY FOR ANY ENQUIRIES.

Listing description written by Doug Shaw, Hedland First National — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Living Areas: 4

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.