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WA › Wellard › Ipswich St

24 Ipswich St, Wellard WA 6170

For saleHouse for Sale

$699,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

300 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 6 Aug 2026)
  • FactLand 300 m²; no building size recorded.(Property record)
  • CalculationAsk is 18% below the Wellard median recorded sale ($850,000, n=160, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wellard's advertised median rent ($708/wk), implied gross yield would be 5.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$699,000

Asking · $2,330/m² of land

No recorded sale for this property.

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Vs Wellard

-17.8%

Median sale

Suburb $850,000

+0.94 pp

Gross yield

Suburb 4.33%

Suburb median $850,000 from 160 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,143

$31,143 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Wellard's advertised median rent — not a rent for this listing.

Net yield
3.77%
Annual cashflow (pre-tax)
$-10,017
Interest cover (DSCR)
0.72
Annual rent
$36,816
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
5.27%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$699,000available6 Aug 2026

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 300 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 $708/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

Gross yield if leased at the suburb aggregate is 5.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 300 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

Wellard in one glance

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Keep researching

  • Why Wellard? Read the area thesis →
  • What else is on the market in Wellard →
  • Other records on Ipswich St →

Listing material

Listed by Coulson & Co

Modern, Stylish & Ready to Enjoy!

Michael Coulson proudly presents 24 Ipswich Street - Click 'Read More' for details, price guide and how to Offer on this home.

For Sale by CLOSING DATE SALE: All offers presented on or before Wednesday 19th August. This property may sell prior - don't miss out! REGISTER ON THE OFFER PORTAL https://www.openn.com/michaelcoulson

Viewings: Please note the only available viewings are at the advertised home opens.

Read the full description

Price Guide: Comparable homes in the Kwinana area have sold between $715,000 to $799,000. Offers are expected in or above this range. All Offers will be presented for the Sellers consideration. Submit your Offer in minutes using the Offer Portal.

Property Details:-

Status: Vacant possession at settlement

Current Rental Appraisal: $660-$690 per week

Build Year 2020, Block Size 300 sqm

Ok! Let's talk about the home:-

Beautifully presented and impeccably maintained, this 2020 built 3 Bedroom, 2 Bathroom home delivers the perfect balance of style, comfort and low-maintenance living. Whether you're a first home buyer, downsizer looking to enjoy an easy-care lifestyle without compromising on space, or an investor searching for a quality addition to your portfolio, this home is sure to impress.

Finished in a timeless neutral colour palette and thoughtfully designed for modern living, every space has been carefully considered to maximise comfort and functionality. Conveniently located close to shops, schools, public transport, parks and everyday amenities, this is a move-in-ready opportunity in one of Wellard's most sought after locations.

Features You'll Love:

✓ Stylish kitchen featuring 900mm stainless steel appliances, gas cooktop, double sink and ample cabinetry.

✓ Open-plan family and meals area positioned off the kitchen, keeping everyone connected while cooking or entertaining.

✓ Separate theatre room with double door entry - the perfect retreat for movie nights or additional living space.

✓ Spacious master suite complete with his and hers walk-in robes and a private ensuite featuring an oversized shower and separate toilet.

✓ Two generously sized minor bedrooms, both with built-in robes.

✓ Well appointed family bathroom.

✓ Ducted reverse cycle air-conditioning for year-round comfort.

✓ Solar power system to help keep energy costs down.

✓ Neutral colour palette throughout, ready to complement any style of décor.

✓ Alfresco area perfect for the morning coffee or entertaining family and friends on the weekend.

✓ Low-maintenance front and rear gardens designed for easy living.

✓ Oversized double garage providing secure parking for the daily drivers while still offering valuable extra storage space.

Location Highlights:-

✓ Approx 100m to Local Park

✓ Approx 350m to Carnabys Black Cockatoo Playground & Bulrush Park

✓ Approx 450m to Wellard Primary School

✓ Approx 2kms to Kwinana Freeway access

✓ Approx 2.2kms to The King's College

✓ Approx 3.6kms to Wellard Square Shops, The Wellard Tavern, Train Station and more!

✓ Approx 5.3kms to Kwinana Marketplace Shopping Centre

24 Ipswich Street is a home you'll be proud to call your own! Simply move in, unpack and start enjoying everything this fantastic property has to offer.

Don't miss out! Attend the home open and make sure you register your interest on our Offer Portal today. https://www.openn.com/michaelcoulson Many of our Closing Date Sales are selling early - act fast to avoid disappointment!

* While all details listed are presumed to be correct at time of publishing buyers must perform their own due diligence.

How To Buy This Home:-

For Sale by CLOSING DATE SALE:

This property may sell prior - don't miss out! Register your interest via our Offer Portal to access documents, receive updates, and fast-track your offer.

Head to https://www.openn.com/michaelcoulson

Hit the properties tab - Scroll to the listing, register in 30 seconds, and submit your offer with your terms - including deposit amount, finance conditions, and broker details. You can submit an offer subject to your inspection, allowing you to get your price in front of the seller early, based on photos or video. This can be amended after viewing, but it ensures you're in the mix before it's too late. We may also contact your broker (with permission) to confirm your finance position and strengthen your offer.

What is a Closing Date Sale?

All offers are submitted via our Offer Portal and presented to the seller as they come in. The seller may accept an offer at any time before the closing date if the price and terms meet their expectations - often sooner if an offer exceeds the price guide.

Listing description written by Michael Coulson, Coulson & Co — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
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.