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WA › Bibra Lake › Hope Rd

24 Hope Rd, Bibra Lake WA 6163

House

$800,000

Last sold

5 Apr 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

700 m²

Land

145 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $800,000 (5 Apr 2024).(Recorded sale)
  • CalculationLand 700 m² against a 145 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bibra Lake (last 5 years) with land size: median $1,295/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$800,000

5 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Bibra Lake (last 5 years) with land size have a median of $1,295/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

Bibra Lake at a glance

6,503

People

$1,092,500

Median sale

$645/wk

Median rent

3.07%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bibra Lake report →

Vs Bibra Lake

-26.8%

Median sale

Suburb $1,092,500

+1.12 pp

Gross yield

Suburb 3.07%

Suburb median $1,092,500 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$800,0005 Apr 2024
  2. Listedprice unknowncompleted9 Jan 2024
  3. Listedprice unknowncompleted9 Jan 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 700 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $645/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 700 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bibra Lake in one glance

Bibra Lake at a glance

6,503

People

$1,092,500

Median sale

$645/wk

Median rent

3.07%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bibra Lake report →

Keep researching

  • Why Bibra Lake? Read the area thesis →
  • What else is on the market in Bibra Lake →
  • Other records on Hope Rd →

Listing material

Listed by Next Vision Real Estate

SOLD by CHERIE BELLINI

This feature-packed 4-bedroom 2-bathroom family home has it all, including a huge 6m x 6m (36sqm) powered workshop that the budding tradesperson in the house will absolutely love.

There is ample driveway parking out front - and even space for your caravan or trailer. Once inside though, you will appreciate the large bedroom sizes here, inclusive of a large carpeted front master suite - complete with a ceiling fan, a walk-in wardrobe and a fully-tiled and renovated ensuite bathroom with a shower, toilet, and vanity.

The three carpeted spare bedrooms all have ceiling fans, built-in-robe recesses, and security window roller shutters for good measure. They are also serviced by a practical main family bathroom with a separate bath and shower.

Read the full description

In terms of living options, a spacious front lounge room welcomes you inside and sits adjacent to the tiled formal dining room - that also has access to a stunning pitched A-frame entertaining patio, with a full view of the shimmering super-sized below-ground family swimming pool (recently resurfaced).

The functional kitchen overlooks an open-plan family room and boasts an integrated range hood, Omega electric cooktop, Westinghouse oven, double sinks, water-filter tap, sleek white dishwasher, breakfast bar and ample storage space.

Other features include, but are not limited to:

• Remote-controlled double lock-up garage with a side storage area and access to the rear

• Solar-power panels (6) with a 2.5kW inverter

• Ducted-evaporative air-conditioning

• Security-alarm system

• Batts insulation

• NBN internet connectivity

• Colorbond patios at the rear

• Security doors and screens

• Electric hot-water system

• Large 700sqm block

• Approximately 145sqm of internal living space

• Built in 1988

A delightful location close to everything awaits you here, on the doorstop of the Freeway entry with St John of God & Fiona Stanley hospitals, bus routes, local schools, shopping amenities, and the spectacular Bibra Lake wetlands all only walking distance away from your front doorstep. What a wonderful place to call home.

This is a home the whole family will enjoy. Talk about ticking all your boxes!

Council Rates: $2,100 (p/a approx)

Water Rates: $1,400 (p/a approx)

Proudly Presented by Cherie Bellini of Next Vision Real Estate.

If you would like to schedule a private inspection, or any further information on this property, the local area or any Real Estate matter please call Cherie on 0412 951 695 or email cherie@nextvisionrealestate.com.au

Cherie welcomes all real estate agents to make enquiries on behalf of their buyers and a chance to work together.

ENQUIRIES: For all enquiry responses relating to this property, please also check your junk mail or email spam folder.

Listing description written by Cherie Bellini, Next Vision Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.