Vasse at a glance
3,410
People
$920,000
Median sale
$762/wk
Median rent
4.31%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Vasse › Northerly St
2
Bedrooms
1
Bathrooms
0
Car spaces
2,198 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Vasse at a glance
3,410
People
$920,000
Median sale
$762/wk
Median rent
4.31%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
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 2,198 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 $762/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 2,198 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
Vasse at a glance
3,410
People
$920,000
Median sale
$762/wk
Median rent
4.31%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate BusseltonWe offer for sale The Vasse General Store along with the freehold land.
Gloria and Niel Macdonald, the current owners of the Vasse General Store, have been stalwarts of the community and an iconic couple in Vasse’s development for the past 25 years. It’s now time for new owners, with their own vision, drive, and motivation, to take this site to new heights.
The property details include:
28 Northerly Street, Vasse.
Approximately 2198 sqms in land size
ZONE = Urban Development Regional Centre RAC3.
We recommend all buyers enquire with the local council as to the mixed-use development opportunities available at this site (subject to development approval).
LAND & PROPERTY FEATURES INCLUDE:
Large shed divided into multiple spaces, with the largest approximately 18m x 10m
Shop Front with Australia Post boxes built, open basic retail space with counter/servery area
Attached dwelling which includes 2 Bedrooms, 1 Bathroom
Prime location in an expanding residential and commercial location
The sellers are offering the Business & Land for sale as “Walk in Walk Out” opportunity, with the buyer having the opportunity to acquire the Post Office licence, (subject to transfer approval), along with ownership of the land.
Under the current zoning & available space, there are multiple opportunities to expand and support local industries in this area, or lease several parts of the property to gain additional income.
The Australia Post license of the business is a key feature offering, with the store renting over 200 post boxes that service both the surrounding residential and rural farming communities.
The Vasse General Store also sells a range of products and operates under various supplier agreements as below.
• Newsagency: Sale of newspapers, magazines, stationery and related items.
• Supa Gas Supplier: Local distributor for Home, BBQ and Forklift.
• Ice Sales: Regular sales of bagged ice, particularly during peak tourist and holiday periods.
• Firewood Sales: Seasonal sales of bagged firewood.
• Bread Sales: Daily fresh bread supplied by local distributors Rise & Co.
• Kylie’s Country Kitchen: Stockist of locally made food products, enhancing community appeal and supporting local producers.
• Bait Sales: Supply of bait products catering to local and visiting anglers.
• Flower Sales: retail sale of fresh flowers, plants and seedlings.
• Packages Water Sales: Sales of bottled and bulk water products.
• Oils & Additives: Retail supply of automotive oils and related products.
• Honey: Locally produced honey available.
Vasse is a rapidly growing part of the iconic South West. The area benefits from significant traffic exposure via the Busselton Bypass, which links Busselton and Vasse to Margaret River and Dunsborough. This property is positioned on a main arterial road carrying traffic to Cape Naturaliste College, both Vasse residential areas, and the major retail precinct of Vasse.
Disclosure & Notifications.
The property is subject to a contamination notification on the title. The sellers will provide buyers with documentation from the Department of Water and Environment Regulation outlining the details of this notification. It is disclosed to all buyers that the sellers will not be undertaking any further remediation of the site, and all buyers must conduct their own due diligence before submitting an offer.
Further documentation, including information memorandums, financial statements, and details relating to the contamination, will be provided only to qualified buyers upon execution of a confidentiality and disclosure agreement.
To ensure the business continues to operate without disruption, all enquiries must be directed to the selling agent. Prospective buyers are asked not to approach staff or visit the premises to discuss the sale. All enquiries are to be made through the exclusive selling representative Dennis Amour 0400 207 529
***Prior to purchasing the property First National Real Estate Busselton requires the buyer to conduct their own due diligence including verification of details the agent has advised to you. The information provided to the agent comes from the vendor (and other 3rd parties including Landgate and local government authorities) and we confirm as agent we have no independent knowledge of the correctness of the information.
Listing description written by Dennis Amour, First National Real Estate Busselton — reproduced as published, not verified by Districts.