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.
WA › Wellard › Malurus Way
$390,000
Last sold
12 Dec 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
385 m²
Land
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
$390,000
12 Dec 2025 · derived via latest_sale
Local land rate: recorded Land sales in Wellard (last 5 years) with land size have a median of $302/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
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.
Vs Wellard
-54.1%
Median sale
Suburb $850,000
+5.11 pp
Gross yield
Suburb 4.33%
Suburb median $850,000 from 160 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 385 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 $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. 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.
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 385 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
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.
Listing material
Listed by Salt Property GroupSecure a standout green title block of land in the thriving and family-friendly suburb of Wellard. Positioned on a quiet, established street, 24 Malurus Way offers the perfect canvas to bring your dream home to life.
This regular-shaped block features a generous 12.5 metre frontage, providing excellent flexibility and allowing for a wide range of home designs to suit your lifestyle. Whether you're planning a spacious single-storey or a contemporary double-storey home, this block can support virtually any design.
One of the key benefits of this property is the freedom it offers - buyers are welcome to choose any builder, giving you full control over the design and construction process. The land is titled and ready to build on, making it an excellent choice for those looking to move forward without delay.
Located in a sought-after pocket of Wellard, this property is just moments from a range of essential amenities, making everyday living both convenient and enjoyable. Nearby, you'll find:
- Closest bus stop (290m)
- Bloom Early Education (450m)
- Central Park (500m)
- Centennial Park (1km)
- Rock Park Playground (1.1km)
- St Vincents Primary School (2.7km)
- Kwinana Train Station (3.4km)
- Peter Carnley Anglican Community School (3.7km)
- Wellard Square (3.8km)
- Wellard Train Station (4.0km)
- Gilmore College (4.3km)
- South Metro TAFE Kwinan Campus (4.7km)
- Leda Primary School (5.3km)
- Calista Primary School (5.7km)
- Kwinana Golf Club (6.4km)
- Perth CBD (36.7km)
Whether you're a first home buyer, a growing family, or an investor looking for strong future potential, this block presents an exceptional opportunity to build with confidence in a well-connected and growing community.
Don't miss your chance to secure this standout block of land in one of Wellard's most desirable locations. With land supply across Perth at record lows and demand continuing to rise, opportunities like this are becoming increasingly rare. For more information, please get in touch with the sales agents at Salt Property Group today.
Listing description written by Dane McKnight, Salt Property Group — reproduced as published, not verified by Districts.