Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
WA › Coolbinia › Mullewa Cres
$2,500,000
Last sold
2 June 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$2,500,000
2 June 2022 · derived via latest_sale
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Coolbinia
+18.1%
Median sale
Suburb $2,117,500
-0.26 pp
Gross yield
Suburb 1.66%
Suburb median $2,117,500 from 10 recorded sales (last 24 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. 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 $675/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.
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
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Bellcourt Property Group Mount LawleyThe Mid Century Modern aesthetic has captured hearts for decades and 23 Mullewa Crescent epitomises the mid-mod architectural style.
The connection between interior living spaces and outdoor entertaining areas is seamless and creates a relaxed living and entertaining environment. The lounge and dining area flow out to an expansive terrace overlooking the park and the casual living spaces lead out to a majestic garden complete with a pool, a picturesque gazebo shaded by passionfruit vines and a multitude of fruit trees.
Property Features to Appreciate:
· The dramatic use of timber adds warmth and charm and glass features include attractive louvre windows that capture the northerly light and the feature window in the lounge that frames the park beyond, to mention just two.
· The main bedroom enjoys a magnificent vista overlooking Bandy Park.
· A separate wing consisting of another four bedrooms will accommodate the largest family and your guests. Bedroom 2 is semi-ensuite.
· The kitchen has been re-modelled to include an attractive island bench that works well as a breakfast bar and an entertaining servery. There is also a butler’s pantry.
· Gardening enthusiasts, hobbyists, wine aficionados and those that like to tinker, will be spoilt for choice with the spaces they can lay claim to, including a powered workshop, wine room and hobby zone in the double garage.
Practical Property Elements:
· The salt water pool has an automatic chlorinator and a shade sail for use over the pool in the summer months.
· Bore reticulated gardens.
· 5kW PV solar system.
· Built-in BBQ plumbed to natural gas.
· Gas storage HWS with a secondary instant electric HWS for the kitchen.
· Generous driveway for additional car parking or space for the caravan or boat.
An iconic residence on a significant land holding, in an idyllic setting, prepare to fall in love with 23 Mullewa Crescent COOLBINIA!
Annual Council Rates: $ 2416.88
Annual Water Rates: $1655.43
Block Size: 1239m2
Area of Build: 526m2
Listing description written by Jody Missell, Bellcourt Property Group Mount Lawley — reproduced as published, not verified by Districts.
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