Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Morley › Silverwood St
$585,000
Last sold
27 Mar 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
301 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
$585,000
27 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,330/m² of land (n=155). Districts calculation from recorded sales — not a valuation.
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Morley
-40.0%
Median sale
Suburb $975,000
+2.55 pp
Gross yield
Suburb 3.83%
Suburb median $975,000 from 53 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 301 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 $718/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 301 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
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ross Realty WAThis stunning & spacious 3-bedroom x 2-bathroom home is leased until 18/6/2022 for $450 per week and therefore perfect for the astute investor or future downsizer.
With modern fixtures and fittings throughout, this delightful home is sure to impress and tick all your boxes. It features an immaculate kitchen designed for the chef of the house and large open plan living areas opening to a spacious rear undercover patio area.
No need to worry about this heat either with reverse cycle air con throughout.
You will love the Master Bedroom with walk-in robe and stylish ensuite. The other two bedrooms both have built-in wardrobes and boast neutral colours and modern décor.
Features include:
- Modern build 2018 (rear block)
- Reverse cycle ducted air conditioning throughout
- Tiles throughout with carpet in bedrooms and theatre
- Huge open plan area
- Stunning kitchen equipped with stone benches, stainless steel appliances and breakfast bar
- Master with walk in robe & ensuite
- Spacious separate theatre
- Two spacious minor bedrooms with built in robes
- Main bathroom with bathtub
- Alfresco flows off the open plan
- Laundry with storage and outside courtyard
- Double remote garage with shopper's entrance and storage
- Reticulated garden beds and plants
- Gas instantaneous hot water system
- No Strata Fees
- Tenanted until 18/6/2022
Located in an amazing location you are right in the hub of Morley!! Walking distance to the Morley Galleria, Coventry Markets, public transport, parks, and schools. The Perth CBD is under 10kms away and you are less than a 15-minute drive to Perth Airport. Easy access to Tonkin Highway and the new Morley train station coming soon.
An opportunity like this is too good to be missed!
Contact Paul Ross before you miss out!
Morley Train Station details below:
https://www.metronet.wa.gov.au/projects/morley-ellenbrook-line
Built 2018
Rates approx. $1900
Water approx: $1300
Listing description written by Paul Ross, Ross Realty WA — reproduced as published, not verified by Districts.