Lynwood at a glance
3,680
People
$826,000
Median sale
$690/wk
Median rent
4.34%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
3
Car spaces
853 m²
Land
119 m²
Building
Districts View
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.
Local land rate: recorded House sales in Lynwood (last 5 years) with land size have a median of $1,111/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Lynwood at a glance
3,680
People
$826,000
Median sale
$690/wk
Median rent
4.34%
Suburb gross yield
Median sale from 15 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 853 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 $690/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 853 m² — that is not official geometry.
Nearby development pipeline
Area
Lynwood at a glance
3,680
People
$826,000
Median sale
$690/wk
Median rent
4.34%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Beyond Real EstateFixed Date Sale - Must be sold on or before the 23rd of June 2024. All offers will be presented as soon as they are written up, an offer may be accepted before the end date.
First home open is this Sunday at 1:00 - 1:30pm. 9/6/24
Are you an astute investor looking for your next big opportunity? Look no further than 3 Devon Way, Lynwood! This exceptional property is zoned R30, offering a myriad of possibilities for savvy developers and investors alike.
Property Highlights:
Prime Location: Situated in the thriving suburb of Lynwood, this property offers easy access to essential amenities, including schools, shopping centres, parks, and public transport.
R30 Zoning: Unlock the potential for development with R30 zoning, providing the opportunity for medium-density residential projects.
Generous Land Size: The spacious lot allows for multiple dwelling constructions, maximising your return on investment.
Existing Dwelling: An existing home provides rental income potential while you plan your development.
Future Growth: Lynwood is a suburb on the rise, with increasing demand for quality housing, ensuring a solid future return.
Features of the Existing Home:
3 Bedrooms, 1 Bathroom
Separate lounge room
Open plan living and dining area
Large backyard with potential for landscaping or additional structures
Undercover carport
Why Invest in Lynwood?
850m to Lynwood Supa IGA Shopping Centre
3.6km to Westfield Carousel Shopping Centre
2km to Lynwood Senior High School
750m to Bannister Creek Primary School
Potential Rental of $580 - $650 per week on the original home
Strong Rental Demand: With its convenient location and growing community, Lynwood is a hotspot for renters.
Proximity to Infrastructure: Close to major roads, public transport options, and the expanding commercial hubs of Perth.
Community Focused: Family-friendly atmosphere with a range of local schools, parks, and recreational facilities.
Don't miss out on this rare opportunity to secure a prime piece of real estate in a booming area. Whether you're looking to develop now or hold for future gains, 3 Devon Way, Lynwood is the investment you've been searching for!
This property is sold AS IS, there will be no good working order annexure.
Contact Us Today!
Need help with finance? I can help, don't be the buyer who misses out because of finance, a quick call from me and I can have one of our brokers get in touch with you to discuss your finance needs all at no cost to you.
Call Shaun or Harjit Benwath for a viewing on 0481 084 501 or 0407 987 350
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own inquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Shaun Benwath, Beyond Real Estate — reproduced as published, not verified by Districts.
Nearby 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.