Willagee at a glance
6,287
People
$1,130,000
Median sale
$593/wk
Median rent
2.73%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
$670,000
Last sold
12 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
772 m²
Land
183 m²
Building
Districts View
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
$670,000
12 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Willagee (last 5 years) with land size have a median of $2,080/m² of land (n=112). Districts calculation from recorded sales — not a valuation.
Willagee at a glance
6,287
People
$1,130,000
Median sale
$593/wk
Median rent
2.73%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Willagee
-40.7%
Median sale
Suburb $1,130,000
+1.87 pp
Gross yield
Suburb 2.73%
Suburb median $1,130,000 from 24 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 772 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 $593/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 772 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
Willagee at a glance
6,287
People
$1,130,000
Median sale
$593/wk
Median rent
2.73%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Percent Realty WAHere is your chance to unlock the potential of this large 4 bedroom, 2 bathroom property or the land it sits on.
Choose to nest, invest and/or develop in the heart of convenience! Strategically situated just moments away from schools, a bustling shopping centre, as well as a delightful array of restaurants and cafes.
Set upon an impressive 772sqm parcel of land, ZONED R20/60, offering tantalising possibilities for future development (subject to council approval).
This home itself (sold on an “AS IS” basis), embraces a large 183sqm of living space with a huge sunken living area, high ceilings, a spacious kitchen and dining area, along with generously sized bedrooms and even a separate games/lounge room.
Outside the paved BBQ area has been thoughtfully designed for family entertainment within the expansive backyard.
The property comes with a wonderful tenant paying $500 per week until 26th June 2024, a guaranteed income while you make your development plans.
Seize the moment and make this incredible investment property with future development potential YOURS today!
NOTE: All viewings on this property are to be made via appointment
PROPERTY FEATURES INCLUDE:
* Great character, 4 bedroom, 2 bath home
* Master bedroom with ensuite bathroom and built in robes
* Large living areas
* Souring raked ceilings in sunken living space
* Kitchen dining is large enough to accommodate all the family
* Separate games/tv room off the kitchen
* Minor bedrooms are generous size with built in robes
* Enclosed patio
* Nice outdoor court yard
* Green titled 772sqm with R20/60 zoning
* Potential development opportunity (STCA)
* Side access to rear garden
* Potential parking for boat/caravan
* Built in 1973
* 183sqm of living
Located in the vibrant suburb of Willagee close to Fremantle, Garden City, the Swan River, restaurants, shopping centers, schools and transport.
Property Code: 20
Listing description written by Lee Tamblin, One Percent Realty WA — reproduced as published, not verified by Districts.