Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Drummond Cove › Wave Crest Circle
$180,000
Last sold
31 Aug 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
770 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$180,000
31 Aug 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Land sales in Drummond Cove (last 5 years) with land size have a median of $187/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Drummond Cove
-73.7%
Median sale
Suburb $685,000
+13.29 pp
Gross yield
Suburb 4.74%
Suburb median $685,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
GREATER GERALDTON
Zone
Local road
796
Jurisdiction
Greater Geraldton
Greater Geraldton, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 770 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $624/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
2 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 770 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?
KnownmediumOfficial parcel about 773 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Geraldton Property TeamWelcome to 23 Wave Crest Circle. A fantastic opportunity like this only comes around now and again, in this highly sought-after suburb. This generous parcel of land is perfect for those looking to build their dream home in a tranquil coastal setting.
Enjoy ample space to design and construct a home tailored to your lifestyle. The generous dimensions of 770m2 offer flexibility for various home designs.
Embrace the serene lifestyle that comes with living near the coast. With stunning beaches just a short stroll away, you can enjoy sun-soaked days, beach walks, and breathtaking sunsets.
Drummond Cove is known for its welcoming atmosphere and community spirit. With parks, schools, and recreational facilities nearby, it's an ideal location for families.
With the growing popularity of Drummond Cove, this land presents an excellent investment opportunity. Build your dream home or hold onto it as an asset for the future.
To secure your slice of paradise, contact me today to arrange a viewing and start envisioning your future at 23 Wave Crest Circle, Drummond Cove!
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should do their own due diligence.
Listing description written by Chris Moore, Geraldton Property Team — reproduced as published, not verified by Districts.