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WA › Morley › Croesus St

23 Croesus St, Morley WA 6062

House

$495,000

Last sold

13 Aug 2021

3

Bedrooms

1

Bathrooms

1

Car spaces

515 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $495,000 (13 Aug 2021).(Recorded sale)
  • FactLand 515 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Morley (last 5 years) with land size: median $1,331/m² of land (n=156). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$495,000

13 Aug 2021 · derived via latest_sale

Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,331/m² of land (n=156). 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.

See the full Morley report →

Vs Morley

-49.2%

Median sale

Suburb $975,000

+3.71 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Heritage

Not retrieved

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

Records

Property history

  1. Listedprice unknowncompleted27 Aug 2021
  2. Listedprice unknowncompleted27 Aug 2021
  3. Sold$495,00013 Aug 2021

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. Listed land size is 515 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). 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 $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.

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.

1 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. Listed land size is 515 m² — that is not 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Morley in one glance

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.

See the full Morley report →

Keep researching

  • Why Morley? Read the area thesis →
  • What else is on the market in Morley →
  • Other records on Croesus St →

Listing material

Listed by Ross Realty WA

A Corner Cracker !

Fully renovated throughout to an impressive standard, this outstanding 3 bedroom 1 bathroom character home on the corner leaves absolutely nothing for you to do, other than to simply bring your belongings and move straight on in.

Overlooking sprawling-green front-yard lawns is a lovely patio deck that doubles as your entry verandah, beyond a gorgeous white picket fence. Inside, timber floors help preserve the residence's original charm, with a feature ornate brick fireplace gracing a welcoming open-plan living, dining and kitchen area.

The kitchen alone oozes modern style through beautiful Hamptons-style cabinetry, feature subway-tile splashbacks, a breakfast bar, stainless-steel dishwasher, oven, ceramic hotplate and more. It also flows outdoors to a huge rear patio/alfresco that offers covered outdoor entertaining, adjacent to a secure backyard where the kids will love the room for either a trampoline or future swimming pool, depending on your personal needs. Away from the carport, secure parking via gated side/drive-through access is simply an added bonus.

Read the full description

Close to public transport, Hampton Senior High School, other excellent educational facilities, local shopping villages, the Galleria Shopping Centre, lush neighbourhood parklands, the future Morley Train Station and major arterial roads - for easy access to the city, Perth Airport and our picturesque Swan Valley, this one has "living convenience" written all over it. All of the hard work has already been done for you, here. Contact Nigel Ross today to secure this wonderful property today!

Features Include

• Feature entry door

• Wooden floorboards

• Gas bayonet in the living/dining/kitchen area

• Ceiling fans in two of the bedrooms

• Split-system air-conditioning - plus laundry access - in the third

• Practical bathroom with a bathtub, showerhead and toilet

• Separate tiled laundry

• Powder room

• Security-door access out to the rear patio, from the kitchen

• Café blinds

• Feature down lighting

• Skirting boards

• Garden shed

• Single carport

• Ample driveway parking space

• Double side-gate access for more secure "drive-through" parking

• Low-maintenance gardens

• Plenty of front and back yard space

• 515sqm (approx.) corner block

• Originally built in 1962 (approx.)

Listing description written by Nigel Ross, Ross Realty WA — reproduced as published, not verified by Districts.

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.