Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Drummond Cove › Parkvista Square
$615,000
Last sold
11 Aug 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
1,609 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
$615,000
11 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Drummond Cove (last 5 years) with land size have a median of $816/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Drummond Cove
-10.2%
Median sale
Suburb $685,000
+0.54 pp
Gross yield
Suburb 4.74%
Suburb median $685,000 from 47 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 1,609 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 $624/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 1,609 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
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Geraldton Property TeamRECENTLY REDUCED
Way below replacement cost!! Someone can bag a bargain here. So much on offer
This extraordinary 5 bedroom, 2 bathroom home, with extra games room, study and separate lounge room is impressive. Nestled on 1609sqm of land, it has been meticulously built and loved for years. Located in our popular northern suburb of Drummond Cove, which is a family orientated and very community minded neighbourhood.
The parquetry flooring and high ceilings throughout the home offer grandeur and space. The spacious kitchen is situated in the middle of the home making it the hub of congregation. It has plenty of bench space, a central island preparation bench, corner pantry, large fridge recess, wall oven and gas cooktop. All bedrooms are of a great size with built-in-robes. The study/office is located near the front of the home and an awesome games room, great for the pool table or separate kids TV room is near the rear of the home. The enclosed alfresco is airconditioned and big enough for any family gathering.
Outside, minimal gardens makes for easy living and means more time spent enjoying life or a blank canvas for a keen gardener to make over! A double garage for secure parking and a 13m x 11m powered shed with a high clearance with lean-to at the rear, for all your storage needs.
OTHER FEATURES:
* Home is 214m2 in size and built in 1997
* Ducted reverse cycle air-conditioning throughout (zoned)
* Security alarm system (Monitored - responsibility of new owner)
* Solar System
* Rain water tanks - tap convertor at house can run the home on rain or scheme water??
* High ceilings, wide skirting boards, parquetry flooring
* Additional parking to rear
* Walking distance to a beautiful Beach
* School Bus stop across the road
* approx. 13km to the CBD
This is everything a family could ever wish for! The spacious living areas and extra rooms, ensure every family member can lay claim to their own private corner of the house. This has 'forever home' written all over it and epitomizes the essence of 'move-in ready'. Merely steps away from the ocean, school bus stop and opposite a park. Be quick to avoid disappointment. Call Chris Moore on 0439 926 306 for an exclusive viewing of this amazing property.
Listing description written by Chris Moore, Geraldton Property Team — reproduced as published, not verified by Districts.
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