Wanneroo at a glance
13,506
People
$917,000
Median sale
$677/wk
Median rent
3.84%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
WA › Wanneroo › Franklin Rd
4
Bedrooms
2
Bathrooms
3
Car spaces
14,600 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wanneroo (last 5 years) with land size have a median of $1,333/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Wanneroo at a glance
13,506
People
$917,000
Median sale
$677/wk
Median rent
3.84%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
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 14,600 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 $677/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 14,600 m² — that is not official geometry.
Nearby development pipeline
Area
Wanneroo at a glance
13,506
People
$917,000
Median sale
$677/wk
Median rent
3.84%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateUNDER OFFER This is your chance to secure a premium parcel of land with serious long-term potential.
Positioned on the edge of urban expansion, 23 Franklin Road offers a stunning, nature-filled block with significant future development appeal. Zoned Urban Deferred under the Metropolitan Region Scheme and located within the highly sought-after Precinct 4 of the East Wanneroo District Structure Plan, this block is the golden ticket for smart investors.
Search "East Wanneroo District Structure Plan" to explore the full potential.
The Land – The True Investment
Set across a generous allotment, this is an exceptional opportunity to land bank in one of Perth's most promising growth corridors. Elevated with a mix of bushland and city views, the property combines natural beauty with untapped development value. Whether you're an investor, developer, or visionary home builder — this is your chance to secure a future-forward investment.
The House – A Bonus with Potential
Included on the property is a large 1980s-built home that was once a purpose-built recording studio and residence, as well as a substantial commercial-grade shed. With over 600 square metres of total space, the home is solidly constructed but has been left neglected for some time. It now requires a makeover but for the right buyer, it presents an exciting project or simply a placeholder while the land appreciates in value.
Location Highlights
• Close to Wanneroo Central Shopping Centre
• Easy access to Wanneroo Road and Joondalup Drive
• Nearby schools, sporting facilities and parklands
• Just 30 minutes to Perth CBD
• Surrounded by natural bushland with walking and biking trails
• Well positioned within the future East Wanneroo urban growth area
Whether you choose to restore the existing structure, redevelop, or simply hold and wait, the future is bright for this land. Opportunities like this, in locations of such strategic importance, are becoming increasingly rare. Land bank now and watch your investment grow.
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 Derryn Mastrangelo, Peard Real Estate — reproduced as published, not verified by Districts.
Nearby 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.