Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Morley › Farnham Way
$528,000
Last sold
12 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$528,000
12 May 2023 · derived via latest_sale
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Morley
-45.8%
Median sale
Suburb $975,000
+3.24 pp
Gross yield
Suburb 3.83%
Suburb median $975,000 from 53 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. 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 $718/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.
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
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Central Paragon PropertyWelcome to this impeccably presented GREEN TITLE classic home, offering a comfortable and relaxed lifestyle with modern features in an enviable location making this a fantastic home or investment property close to absolutely everything and creating a convenient lifestyle for the whole family to enjoy. Cleverly designed with an array of different living zones to ensure everyone gets their own space!
The front living room oozes with charm and character, a gorgeous brick feature wall with an in-built gas fireplace, solid jarrah floorboards and wall trims. Decorative wooden and glass double doors open through to the dining and additional second living area, which forms the hub. The remodelled near new kitchen gives you charming country vibes with plenty of white wooden cabinetry, ample benchtop space, quality cooking stainless steel appliances, on trend splash back tiling and a handy serving ledger to deliver precious food goodies straight to the adjoining dining room.
Off the central hallway, the functional layout delivers three bedrooms, a versatile utility/study or 4th bedroom, a revamped main bathroom and a big laundry with plenty of storage. The master bedroom is spacious with a large remodelled ensuite, it also features direct access to the external veranda. All bedrooms are light and bright, and feature built in robes.
The property is set on an easy care 364 sqm green title block. A large patio alfresco with jarrah decking runs the side length of the property providing an excellent place to entertain or relax in comfort. There is also lush, well established lawns and gardens to the front of the property, giving it fantastic street appeal.
Air conditioning, ceiling fans, security screens and a double under cover carport are other features to enjoy in this home.
You couldn't ask for a better location with shops, schools, parks and public transport all within walking distance. The Noranda Shops, Morley Galleria and Coventry Markets are all a short drive away. It's also a good base for FIFO workers with a quick 15 minute commute down Tonkin Hwy to the Perth Airport.
If you are looking for a well-kept property, a convenient location and easy lifestyle then this could be a great opportunity for you. Why rent?
SCHOOLS NEARBY
Hampton Senior High School
TITLE PARTICULARS
Lot 401 Deposited Plan 72289
Volume 2788 Folio 663
LAND AREA
364sqm
ZONING
R20
OUTGOINGS
Water Rates: $1072.39 PA
Council Rates: $1,640.65 PA
Listing description written by Theo Kouroulis, Central Paragon Property — reproduced as published, not verified by Districts.