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WA › Madeley › Russell Rd

24 Russell Rd, Madeley WA 6065

House

$730,000

Last sold

9 Aug 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

243 m²

Land

134 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 $730,000 (9 Aug 2024).(Recorded sale)
  • CalculationRecorded House sales in Madeley (last 5 years) with land size: median $2,142/m² of land (n=89). 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

$730,000

9 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Madeley (last 5 years) with land size have a median of $2,142/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Madeley at a glance

7,416

People

$1,165,000

Median sale

$828/wk

Median rent

3.70%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Madeley report →

Vs Madeley

-37.3%

Median sale

Suburb $1,165,000

+2.20 pp

Gross yield

Suburb 3.70%

Suburb median $1,165,000 from 45 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$730,0009 Aug 2024
  2. Listedprice unknowncompleted3 July 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 243 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 $828/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 243 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

Madeley in one glance

Madeley at a glance

7,416

People

$1,165,000

Median sale

$828/wk

Median rent

3.70%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Madeley report →

Keep researching

  • Why Madeley? Read the area thesis →
  • What else is on the market in Madeley →
  • Other records on Russell Rd →

Listing material

Listed by Harcourts Alliance Joondalup

Sold Sold Sold

Discover the epitome of modern living with this 3x2 home in the sought-after suburb of Madeley. Boasting a captivating facade and abundant street appeal, this residence offers comfort, convenience, and a contemporary lifestyle.

Upon entering the ground floor, you're welcomed into a generous size open-plan lounge and dining area, seamlessly tiled throughout for easy maintenance. Enjoy year-round comfort with a split-system air conditioning unit, while ample storage solutions including under stairs storage and built-in cupboards ensure clutter-free living.

The spacious kitchen offers lots of bench space and is equipped with stainless steel appliances including oven, rangehood, gas cooktop, and dishwasher. A large double built-in pantry and fridge recess provide ample storage, complimented by a conveniently located laundry through a sliding door, with third W/C and linen closet and offering direct access outside to the wall mounted clothesline.

Read the full description

Carpeted stairs lead to the first floor where a double linen cupboard is located just outside the Master bedroom. This retreat includes a double built-in robe with mirrored sliding doors, split-system air conditioning, and a private ensuite featuring a double vanity, shower, W/C, and bath for ultimate relaxation.

Bedrooms 2 and 3 feature built-in robes, serviced by a well-appointed main bathroom with vanity, shower, and W/C.

Outside, a generous paved area invites you to entertain or relax in style, with plenty of space to add your own touches such as a patio or shade sail. Designed for low maintenance, the outdoor area ensures weekends are spent enjoying rather than maintaining.

The double lock up garage has a storage extension to the rear as well as secure shoppers entry into the home and a door leading to the outside entertaining area.

This quality-built Danmar Home offers the perfect blend of comfort, style, and functionality. Don't miss the opportunity to make this your new home.

Key Features:

• 3 bedrooms, 2 bathrooms

• Open-plan lounge and dining with split system air con unit

• Large kitchen with stainless steel appliances

• Ground floor laundry with third W/C

• Master bedroom with split system air con unit, ensuite and double built-in robe

• Bedrooms 2 and 3 with built-in robes

• Main bathroom with vanity, shower, and W/C

• Generous paved outdoor area

• Low maintenance grounds

• Quality-built by Danmar Homes

• Land Size: 243 sqm (approx.)

• Living Area: 134 sqm (approx.)

• Built: 2005

• Council Rates: $2021 per annum (approx.)

• Water Rates: $1142 per annum (approx.)

Contact Courtney today to arrange your inspection of this stunning Madeley property!

Listing description written by Courtney Anderton, Harcourts Alliance Joondalup — 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.