Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Cloverdale › Wright St
$897,000
Last sold
20 May 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
938 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
$897,000
20 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Cloverdale (last 5 years) with land size have a median of $1,313/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Cloverdale
+1.9%
Median sale
Suburb $880,500
-0.07 pp
Gross yield
Suburb 3.93%
Suburb median $880,500 from 60 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 938 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 $666/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 938 m² — that is not official geometry.
Nearby development pipeline
Area
Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency Perth**Prime Development Opportunity on 938sqm Corner Block with Subdivision Potential (STCA)**
Situated on a 938sqm corner block in a highly sought-after location, this well-maintained home offers exceptional potential for developers or investors. With the ability to subdivide into three street-front blocks (subject to council approval), this property presents a nice opportunity for medium-density development in a rapidly growing area on the doorstep of the Belmont Forum.
The current home, while well-presented, also offers great potential for renovation or holding as an income-producing property while plans are being finalized.
**Key Development & Investment Features:**
- **Large 938sqm Corner Block: High subdivision potential into three street-front lots (subject to council approval), capitalizing on the area's growth.
- **Solid Home with Renovation Potential: A character-filled home offering the option to retain as a rental or renovate, providing flexibility for different investment strategies.
- **Expansive Backyard: Ideal for creating outdoor amenities or enhancing the space for future development. Includes a paved alfresco area with ample room for landscaping or additional structures.
- **Spacious Living Areas: A large separate living/family room and generously sized kitchen with a meals area, offering great flexibility for updates or redesigns.
- **Kitchen and Meals Area:** The large kitchen space offers ample room to add an island bench or completely reconfigure, adding value and functionality.
- **Lock-up Garage with Rear Access:** Perfect for future development access or additional parking options.
**Strategic Location Highlights:**
- Proximity to Belmont Forum and Belmont Forum Cinemas: Just a short 10-minute walk or 5-minute drive, providing excellent retail and entertainment options.
- Access to Perth Airport (10-minute drive): Ideal for short-term accommodation or attracting FIFO workers.
- Close to Perth CBD (15-minute drive): Excellent location for future residential or mixed-use developments.
- Transport Connectivity: Well-served by public transport with bus stops along Wright St, making the site attractive for future residents.
- Nearby Major Retailers: 10-minute drive to Costco and DFO, providing high retail exposure and accessibility for tenants or potential future buyers.
- Proximity to Key Amenities: Just 15 minutes to Optus Stadium and Crown Casino, adding to the area's appeal for future developments targeting both residential and commercial use.
With plenty of room for growth and the potential for significant capital appreciation, this is an excellent chance to secure a development site in an area of increasing demand.
***Property to be sold on a 'As Is' basis**
Rates:
Water: $1,071.11 PA
Council: TBA
For prompt further information including viewing times, please contact your long term LOCAL selling agent Paul Brookes on 0408940156. Service with a smile!
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 enquiries.
Listing description written by Paul Brookes, The Agency Perth — 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.