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WA › Morley › Drake St

3/303 Drake St, Morley WA 6062

For saleHouse

For sale

For sale

3

Bedrooms

1

Bathrooms

3

Car spaces

284 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 10 July 2026)
  • FactLand 284 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Morley (last 5 years) with land size: median $1,331/m² of land (n=156). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,331/m² of land (n=156). Districts calculation from recorded sales — not a valuation.

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.

See the full Morley report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable10 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 284 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 284 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Morley in one glance

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.

See the full Morley report →

Keep researching

  • Why Morley? Read the area thesis →
  • What else is on the market in Morley →
  • Other records on Drake St →

Listing material

Listed by Passmore Real Estate

PRIVACY + LIFESTYLE + CONVENIENCE

Privately positioned at the rear of a boutique group of just three, this immaculately presented three-bedroom abode offers an exceptional low-maintenance lifestyle in one of Morley's most desirable and convenient enclaves. Light filled, spacious and move-in ready, it's perfectly suited to first-home buyers, downsizers and savvy investors alike.

Beyond its welcoming entry foyer, an exceptionally spacious open-plan living and dining area anchors the home. At the heart, the generous central kitchen will enthuse the culinary inclined, with its gas cooktop, double sink and abundance of both cupboard and bench space. Designed for effortless year-round entertaining, sliding glass doors dissolve the indoor-outdoor threshold, revealing an expansive pitched-roof alfresco, where weekend BBQs, long lunches and sunset drinks await.

All three bedrooms are generously proportioned and include built-in robes, whilst the well-appointed bathroom includes a separate bath, shower, vanity & toilet. The inclusion of a second toilet provides both convenience and added practicality.

Read the full description

Situated just walking distance from Morley Galleria and Coventry Village Markets, local cafes, leafy parks, popular schools and City bound public transport routes, HOME is right here!

THE FEATURES YOU WILL LOVE

Rear positioning in a quiet group of only three

No common walls

No strata fees & No strata company

Formal entry with security screen door

Large open plan living and dining area with seamless indoor-outdoor access

Well equipped kitchen with gas cooktop and electric under bench oven, fridge/freezer and microwave recess, integrated pantry and double stainless-steel sink

Walk-in robe to master bedroom, built in robes to both minor bedrooms

Practical bathroom with shower, separate bath, vanity and W/C

Separate laundry with large linen cupboard, second W/C & security screen door

Three reverse-cycle split-system air conditioners

Roller shutters (where featured)

Roof insulation

Instantaneous gas hot water system

Secure lock-up garage with automatic roller door and storage area

Additional hardstand parking for up to three vehicles

Built in 2000 (approx.) on a 284m2 (approx.) survey strata block

THE LIFESTYLE YOU WILL LIVE

250m to #980 City Bound Bus Stop

550m to RA Cooke Reserve

650m to Galleria Shopping Centre

700m to Coventry Village

800m to Varsity Morley

1.0km to Morley Sport & Recreation Centre

1.2km to Morley Primary School

1.5km to John Forrest Secondary College

7.6km to Perth CBD

*distances above are approximate only

Please Note: Some of the images contained within this advert have been virtually staged for illustration purposes.

For further details please contact Geoff Wyllie on 0418 909 540 or email geoff@passmore.com.au

***Passmore Real Estate wishes to advise that whilst every care is taken in the preparation of these details, they MUST be verified if relied upon before entering into a contract of sale***

Listing description written by Geoff WYLLIE, Passmore Real Estate — reproduced as published, not verified by Districts.

Property features

  • Outdoor Entertaining
  • Remote Garage
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.