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WA › Orelia › Nathaniel Way

24 Nathaniel Way, Orelia WA 6167

House

$500,000

Last sold

28 Jan 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

956 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $500,000 (28 Jan 2025).(Recorded sale)
  • FactLand 956 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Orelia (last 5 years) with land size: median $927/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$500,000

28 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Orelia (last 5 years) with land size have a median of $927/m² of land (n=116). Districts calculation from recorded sales — not a valuation.

Orelia at a glance

5,002

People

$720,500

Median sale

$549/wk

Median rent

3.96%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Orelia report →

Vs Orelia

-30.6%

Median sale

Suburb $720,500

+1.75 pp

Gross yield

Suburb 3.96%

Suburb median $720,500 from 50 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$500,00028 Jan 2025
  2. Listedprice unknowncompleted22 Oct 2024
  3. Listedprice unknowncompleted22 Oct 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 956 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 $549/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 956 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

Orelia in one glance

Orelia at a glance

5,002

People

$720,500

Median sale

$549/wk

Median rent

3.96%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Orelia report →

Keep researching

  • Why Orelia? Read the area thesis →
  • What else is on the market in Orelia →
  • Other records on Nathaniel Way →

Listing material

Listed by Coulson & Co

Investment Potential on Monster 956sqm Subdivisible Block!

Coulson&Co present 24 Nathaniel Way - Click 'Read More' for property details and price guide.

Set on a huge 956sqm block, this 3-bedroom, 1-bathroom home in Orelia is bursting with potential! Perfect for renovators and investors alike, the property offers subdivision potential or the option to add a granny flat or tiny home on wheels for additional income.

With cosmetic renovations needed, it's a great opportunity to add your personal touch and increase the property's value.

Read the full description

Price Guide : Comparable homes have sold between $490,000 to $547,000. Offers are expected in this range.

All Offers will be presented for the Sellers consideration.

VIEWINGS : PLEASE NOTE - Video walkthrough available on this website

To minimise inconvenience to the tenants, viewings will be arranged subject to an acceptable offer being made to the Seller. Offers are non binding and can be conditional on viewing.

✓ RENTAL APPRAISAL | $480-$500 per week.

✓ Build year 1970 Block size 956

✓ Current Status : Long term tenant on periodic lease paying $430 per week.

A tenant is currently in place, providing flexibility while you plan your next move. Whether you're looking to renovate, subdivide, or develop, this is an opportunity you don't want to miss!

FEATURES YOU WILL LOVE :

✓ 956sqm block - Subdivisable - subject to council approval

✓ Granny flat potential

✓ Potential for 'tiny home on wheels' rental accomodation - a cheaper alternative to granny flat accomodation allowing ancillary accomodation and secondary income stream subject to relevant approvals

*While every effort has been made to ensure information is current and correct at the time of publication, buyers must conduct their own due diligence

HOW TO OFFER :

Head to my Offer portal - https://propps.me/michaelcoulson

Scroll down and find this listing. Register in 30 seconds and submit your Offer.

Offers are non binding until the Seller accepts your Offer and a Contract is drawn up and accepted by you and the Seller. A draft contract of sale with Sellers disclosure statement and certificate of title is available to view via the portal.

Include your terms -

Deposit payable if Offer is accepted - normally $10,000 to $20,000 (no minimum)

Subject to Finance (if applicable) Please state loan amount. e.g. 80% and include your brokers contact details, if you are happy for us to contact them

Please include in notes if you have a pre approval in place

Select if you would like pest and building inspections

Coulson&Co homes are sold subject to electrical, plumbing and gas being in fair working order, unless otherwise stated in the Sellers Disclosure Statement

Prior to presenting your Offer - Our Sellers request that we (with your permission) contact your broker and have our broker contact you to qualify your finance position.

We double qualify finance on our Offers to give the Sellers as much confidence in accepting your Offer as possible. If a Seller is confident your finance will be approved they are more likely to accept your offer.

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

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.