Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
WA › Koondoola › Moorhead Way
4
Bedrooms
2
Bathrooms
2
Car spaces
783 m²
Land
158 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Koondoola (last 5 years) with land size have a median of $903/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
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 783 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 $660/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 783 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
Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts InitiativeExtraordinary Development Potential 4 Unit Site R20/60
Introducing 24 Moorhead Way, Koondoola-a remarkable new listing that has just graced the market. This is a rare gem, a property with immense development potential, nestled in one of the most sought-after locations. Boasting the exclusive R20/R60 zoning, it opens doors to an array of possibilities, from a 4-unit subdivision to a multi-level apartment complex, contingent on architectural consultation and local council approval.
This property is a true testament to its rarity, as only a handful in Koondoola possess the coveted R20/60 zoning, all previously sanctioned by the City of Wanneroo. The prospects here are boundless, making it an enticing prospect for visionary investors and developers.
Prime location close to schools, shops, transport, and other amenities. 13km to the Perth CBD its hard to pass up this rare opportunity
The current dwelling, a 4-bedroom, 2-bathroom home on a 783sqm block, beckons for some tender loving care. Renovation enthusiasts will relish the opportunity to restore its charm and character. Potential to retain and build at the back.
Ideally an Investor and developer to rent it out for a while before doing plans to knock it down and build!
But the allure doesn't stop there; the property offers an opportunity to retain the existing house while creating additional lots to the rear, subject to necessary adjustments and approvals. The existing tenants are open to staying on for several more years. Owners are open to discussion. Currently Fixed in to July 2024 @ $400 pw
Situated right across Moorhead Park, with its delightful children's playground, and nestled on a quiet street, this property is conveniently close to essential amenities like Koondoola Plaza, Mercy College, and various local parks.
This is a unique opportunity you won't want to miss. Reach out to us today to uncover the full potential of this exceptional property. Call John Tran 0413 697 917 For more information.
Note* Grass may not be as green currently
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Listing description written by John Tran, Harcourts Initiative — reproduced as published, not verified by Districts.