Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
WA › Millbridge › Glenelg Dr
$460,000
Last sold
6 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
701 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
$460,000
6 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Millbridge (last 5 years) with land size have a median of $1,047/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Millbridge
-51.6%
Median sale
Suburb $950,000
+3.86 pp
Gross yield
Suburb 3.62%
Suburb median $950,000 from 21 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 701 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 $662/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 701 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
Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburyIntroducing this contemporary Celebration Home with huge potential. Perfect for those who need secure parking for a boat and caravan. Located in a lovely Millbridge with playgrounds, schools and the amenities to both Treendale and Eaton Fair which is a short drive away.
So, whether you're looking for a first home or an investment this property must be seen.
- 4 bedrooms with robes, 2 bathrooms
- Open living area with evaporative reverse cycle air conditioning
- Great kitchen with 900mm appliances, dishwasher and pantry
- Separate theatre room and kids activity area
- Side access
- Alfresco entertaining
- Double lockup garage
- 701* sq meter block and 197m2* of building
- Brick and Iron home built in 2013 by Celebration Homes
For a private viewing please contact Karen King on 0424 139 624 or Leechelle Hickey on 0448 066 916.
*Approximate Only
Disclaimer 1
This property is for sale through Market Buy'. All offers end 08/11/2021 with the owner reserving the right to sell the property anytime prior. All registered buyers (only) will be notified in the event the seller brings the sale date forward. We encourage all buyers to submit their offers & register their interest for the property to avoid missing out.
Disclaimer 2
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 Leechelle Hickey, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.