Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Arthur Rd
$660,000
Last sold
2 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
454 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
$660,000
2 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,568/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
-34.0%
Median sale
Suburb $999,500
+1.85 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 454 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 $693/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 454 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroExperience True Excellence
This 2012 built Goodlife home was custom designed to be Vastu Compliant, built with love, and packed with luxury! With pretty much all of the trendy design elements desired of these top end Wattle Grove properties, but without the top end price tag. In other words, this property is affordably elegant, near new and the complete package that forms a must-see home.
From the front of the home guests will appreciate the feature weatherboard clad front façade with ornamental wall lighting, manicured garden hedges, and an extra high clearance double garage. This home is bright, comfortable, spacious and inviting. Your friends and family will need to bring a sleeping bag because they simply won't want to leave!
The approx. 190 square metres of internal living includes 4 great bedrooms plus a separate theatre and a study! There is stunning timber floors throughout and smart down lighting plus comfortable ducted air-conditioning. The central kitchen in the heart of the home features expansive stone waterfall benchtops, gorgeous 900mm stainless steel appliances and an abundance of storage. There is even feature lighting here. Well-lit and spacious open areas provide a warm and welcoming heart of the home. The Huge master bedroom has been built uniquely at the rear of the home, 'the parents retreat', with direct access to the timber decked alfresco entertaining area. Twin walk through robes lead to an exquisite double en-suite setup with double vanity too. This is the perfect setup for the masters of the home.
There are easy care gardens that include LED lights embedded in the deck and a small garden shed. Just enough room to spread your legs out on a Sunday afternoon without having to spend days caring for the garden!
Lastly, the location is simply brilliant. Only about 300 metres away from the Wattle Grove shopping centre precinct which has just continued to get better and better over the last few years. The thoroughly popular school is just behind there as well as plenty of family friendly parks and playgrounds. Easy access the Tonkin Highway, Roe Highway and Welshpool Road will mean that wherever you work, you'll be able to get there too!
Call The Mitchell Brothers today because this one won't be on the market for long.
Alex Mitchell - 0404 122 943
Nick Mitchell - 0415 833 131
Water Rates - $1377.68 per annum (approx).
Council Rates - $2,441.55 per annum (approx).
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.