Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Drosera Approach
$990,000
Last sold
31 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
619 m²
Land
250 m²
Building
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
$990,000
31 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,565/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
-1.0%
Median sale
Suburb $999,500
+0.03 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 619 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 $693/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 619 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroWith all the luxuries you have come to desire in Wattle Grove properties, number 3 Drosera Approach is a level above even some of the best homes we've seen on the market in recent times.
Built on a commanding elevated block of 619 square metres, and surrounded by other high-quality homes in a quiet and intimate street near the lake, the house looks gorgeous from the outside and then continues to impress all the way through to the back fence.
This super spacious home has it all, the high ceilings, luxury tiles, multiple living zones including a study/gym, separate activity area, and a fully equipped home theatre system with ceiling mounted projector, retractable screen, Chromecast and speaker all included! It even has a fully ducted reverse cycle air-conditioner with an astounding NINE zones!
The master bedroom is king sized, and has TWO separate walk-in robes, double vanity and double shower ensuite and even a wall mounted TV included.
The other bedrooms are all great sizes and the two rear bedrooms flank an additional activity area too, which is great for a second study, or a kid's gaming zone.
The kitchen is stunning! Forming a central hub of the home and overlooking the rear indoor and outdoor living zones, it has stone benchtops, a 900mm oven and a huge walk-in pantry!
There is a shoppers door access to the double garage, which is high clearance, and includes a store-room area as well as an additional roller door to allow rear access to the back yard. This is where the inverter for your massive 6.6kW solar system is housed too.
The backyard is shared between a mini garden paradise zone, with fruit trees and beautiful lawn and a gable patio outdoor lounge/dining area. The perfect place to host your house warming party, as well as many all-seasons events for years to come.
One of the best things about this property too is the location, with parkland right at the end of the street, you can enjoy nature filled walks all the way to the shopping centre and the award-winning Wattle Grove Primary School. This is the ultimate family neighbourhood
Some features at a glance:
• 4 spacious bedrooms, 2 bathrooms
• Built in 2011
• approximately 250sqm of internal living space
• 619 square metre elevated block
• Study, activity room and fully equipped theatre
• Multiple living areas
• High clearance double garage with through access
• 6.6kW solar system
• Fully ducted reverse cycle air-conditioner with NINE zones!
• Gorgeous reticulated gardens
• Abundant parking available
You do not want to miss this one
It's time to call The Mitchell Brothers
Nick 0415 833 131
Alex 0404 122 943
Water rates: $1,494.47 p/a (approx.) - For period 01/07/2023 to 30/06/2024
Council rates: $2,733.87p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.