Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Glen Forrest › Bailey Rd
$480,000
Last sold
7 Jan 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
2,745 m²
Land
132 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
$480,000
7 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Glen Forrest (last 5 years) with land size have a median of $381/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Glen Forrest
-62.8%
Median sale
Suburb $1,291,500
+5.38 pp
Gross yield
Suburb 3.18%
Suburb median $1,291,500 from 28 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 2,745 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 $790/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 2,745 m² — that is not official geometry.
Nearby development pipeline
Area
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by New Edge Real EstateNew Edge Real Estate is proud to present this charmer to the market for sale. It's an oldie but with some 'Tender Loving Care" this could be your way residing within the beautiful hills of Glen Forrest situated on a 2745sqm block. The property is being sold in a "As Is" condition but it has loads of potential and a tenant in place if you are thinking of buying it as an investment. The current tenants who have made this property home has a fixed lease in place until 23/07/2023 currently paying $360 per week.
Property features include
- Verahdah overlooking front of property to enjoy the summer days or even the rain
- Homely feel living area, with stunning stained glass double sliding doors leading into the area and fireplace for those cold winter nights
- Massive kitchen with abundance of cupboard space and combined with the dining area, so the family can sit and watch mum do the dishes.
- 3 Bedrooms, one with built in robe and jarrah flooring throughout all three rooms.
- 1 Bathroom with bath and shower
- Separate laundry
- Single garage which is big enough and being used as a man cave
- Powered workshop attached to garage currently being used as storage.
- Large back and front yard, big enough for the pets or the kids to run a muck
- Patio area out the back for entertaining family and friends
- Fans in the kitchen/dining and living area
- Wall aircon in dining/kitchen area
Situated on the corner of Bailey Street and Great Eastern Highway, you will have no problem with Public transport and only minutes to Mundaring. Literally 3kms via car to the well know Glen Forrest Tavern and National Park. Only 29 kms to Perth CBD & 12 kms to Midland town centre and close to the Local IGA, Pharmacy, Dentist, eateries, and specialty shops
The current tenants who have made this property home has a fixed lease in place until 23/07/2023 currently paying $360 per week.
Priced to sell to give YOU the opportunity to bring this home to its former glory.
Look out for our home opens.
Particulars
Built - 1967
Land Size - 2745 sqm
Shire of Mundaring
Water Rates - $250 p/annum
Council Rates - $1943 p/annum
* All rates are indicative and subject to change from the relevant governing body.
Listing description written by Schiona Swart, New Edge Real Estate — reproduced as published, not verified by Districts.
Nearby 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.