Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Greenmount › Chiraz St
$345,000
Last sold
27 Apr 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
814 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
$345,000
27 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Greenmount (last 5 years) with land size have a median of $570/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Greenmount
-60.6%
Median sale
Suburb $875,000
+5.56 pp
Gross yield
Suburb 3.62%
Suburb median $875,000 from 28 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 814 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 $609/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 814 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
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthSituated on a massive 814m2 block in the sought after suburb of Greenmount, sits this three bedroom and one bathroom, brick and tile home. There is no doubt that this home needs a modern facelift or at this price, you could demolish the house and build a new home to take in the beautiful city view in the distance.
There is side access to a 6m by 6m powered workshop plus a great outdoor entertaining area and a lawn area. Inside showcases a large formal lounge/dining area with glass sliding doors to the outside entertaining area. There is also a family/ meals area with sliding doors to the outside area as well to make entertaining a breeze. There are three bedrooms with the master having wall to wall built in robes plus a split system air conditioner. The kitchen has a four burner gas hotplate plus a built in wall oven.
Other features of this home include
-Massive 814m2 fully fenced usable block
-Three bedrooms with good sized windows
-Bathroom has bath, shower and vanity
-Master bedroom has built in robes plus split system
-Kitchen has gas hotplates plus wall oven
-Easy care vinyl through main living areas
-Carpets are in lounge/dining and bedrooms
-Sliding doors to outside from lounge and family
-Carport has been enclosed to form another room
-Side access to 6m by 6m powered workshop
-Great outdoor entertaining area with easy access from inside
-Security screens on all doors for safety
-Security shutters on most windows around home
-Smaller storage shed in backyard as well
-Lovely garden trellis as feature in backyard
-Heritage walking trail and parkland across the road
-Close to Midland Gate Shopping precinct
-Please note, The home is “Sold As”
This home was originally built around 1976 and has stood the test of time but it now needs someone who is looking for a project to make it their own. The home is definitely still livable with all utilities working but is just in need of some TLC.
If you are interested in this home please come along to the next home open or call Shane Schofield on 0448 070 990 to arrange a time to view.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Shane Schofield, The Agency Perth — reproduced as published, not verified by Districts.