Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
WA › Gwelup › Sarus Rise
$1,200,000
Last sold
8 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
556 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
$1,200,000
8 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,559/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-27.5%
Median sale
Suburb $1,655,000
+1.09 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 556 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 $913/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 556 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thought Leaders Real EstateNick & Jo Proudly Present 25 Sarus Rise.
*All Offers are to be submitted through Market Buy (Ask Nick & Jo)*
Family Living at its Absolute Finest!
Nestled on a delightful 556sqm block just one house back from picturesque parklands and wetlands and within easy walking distance of the site of Gwelup's enchanted "Secret Garden", this wonderful 4 bedroom 2 bathroom family home by Lifestyle is finally ready to be sold by its original owners after many years of love, appreciation and taking full advantage of a fantastic and functional floor plan. This outstanding location is also close to public transport, the prestigious Lake Karrinyup Country Club and golf-course resort, beautiful Lake Gwelup, top schools, shopping and the coast, making it an absolute pleasure to live in. What a magnificent property it is!
Features include, but are not limited to:
• Beyond a double-door entrance and a welcoming tiled foyer lies a carpeted front lounge – or theatre – room that can be whatever you want it to be and sits directly opposite a huge master-bedroom suite that is also carpeted for comfort and boasts a walk-in wardrobe and private ensuite bathroom with a bubbling corner spa bath, a shower, heat lamps and a separate toilet
• A carpeted study next to the master suite can easily be converted into a nursery or single 5th bedroom if need be, with a massive walk-in linen cupboard-come-storeroom across the hallway simply an added bonus
• A massive tiled open-plan family, dining and kitchen area is where most of your casual time will be spent and plays host to a gas bayonet for heating, a double fridge/freezer recess, double sinks, a walk-in pantry, a breakfast bar for quick meals, tiled splashbacks, a range hood, Westinghouse gas-cooktop and separate-oven appliances, a quality stainless-steel Asko dishwasher, internal shopper's entry via a remote-controlled double lock-up garage (with bonus access to the rear) and outdoor access to a pitched entertaining patio and lovely backyard-lawn setting for the kids – and even the resident pet – to make their own
• Essentially tripling the amount of personal living options on offer to you here is a spacious and carpeted games room with gorgeous double French doors for peace and quiet, coupled with sliding-door access out to the alfresco and beyond
• The 2nd bedroom is carpeted and has full-height built-in robes, the 3rd bedroom has low-maintenance timber-look flooring, a walk-in robe and splendid backyard views to wake up to and the 4th bedroom also has easy-care wood-look floors, built-in robes and a delightful backyard outlook – all only a matter of inches away from the main family bathroom and shower, separate bathtub and heat lamps
• Aside from a separate 2nd toilet and a practical laundry with outdoor access, extras of this excellent home include a large three-door linen press in the hallway, high ceilings to some areas, ducted-evaporative air-conditioning, a security-alarm system, Foxtel connectivity, security doors, outdoor power points, a gas hot-water system, front and rear reticulation, a side-access gate and a large lockable external storeroom with a light
The freeway, other major arterial roads and even Carine Senior High School are all nearby, with Primewest Gwelup Shopping Centre, Hamersley Public Golf Course, Lake Gwelup Primary School, glorious swimming beaches and the exciting Karrinyup Shopping Centre redevelopment just minutes away in their own right. It's all about the lifestyle, here!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.