Carey Park at a glance
5,678
People
$618,000
Median sale
$560/wk
Median rent
4.71%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Carey Park › Gerrard Pl
$700,000
For sale
Asking
$660,000
Last sold
21 Nov 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
681 m²
Land
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
Asking
$700,000
Asking · $1,028/m² of land
Last recorded sale $660,000 (21 Nov 2025).
Local land rate: recorded House sales in Carey Park (last 5 years) with land size have a median of $932/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Carey Park at a glance
5,678
People
$618,000
Median sale
$560/wk
Median rent
4.71%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Carey Park
+13.3%
Median sale
Suburb $618,000
-0.55 pp
Gross yield
Suburb 4.71%
Suburb median $618,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,190 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Carey Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 681 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 $560/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.
Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 681 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
Carey Park at a glance
5,678
People
$618,000
Median sale
$560/wk
Median rent
4.71%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburyFOR THE ASTUTE INVESTOR - POTENTIAL DUAL INCOME – Around $900 a week!
Granny Flat... Looking for something a little bit different?
How about a home offering a total of 4 bedrooms, 2 bathrooms, and 3 living areas?
First, the main house offers 3 bedrooms, with built in robes to the master and bed 2, then renovated bathroom, a huge lounge room, and then the kitchen and dining.
Then, a living room divides and meets the fully self contained granny flat, with its own private air-conditioned living area, kitchen, meals area, and a separate bedroom with an ensuite as well.
Giving you the best of both worlds, whether it be for extended family, teenagers, or whatever you need it for, this home offers so many options!
The home offers fantastic parking, with a double driveway, and a single carport. A small, easy-care, below-ground plunge pool, a fully enclosed yard, and stunning low-maintenance gardens as well.
With the Park Centre Shopping Centre just around the corner and just one house away from the enormous Kimberley Park/playground, convenience abounds. And of course, walking distance to Carey Park Primary, Newton Moore Senior High School, ECU, and of course, the hospital and sports grounds, including the leisure centre.
Don't delay on this one, call Exclusive Agent and Auctioneer Roslyn Ierace today 0407 529 398
• 1979-built brick tile home
• 681* m² block R20/40 zoning
• Approx. 160 m² of living space in the main home
• Approx. 50 m² of living to granny flat
• A total of 4 bedrooms 2 bathrooms
• Main house: 3 bedroom, 1 bathroom
• Granny flat: 1 bedroom 1 bathroom
• Renovated bathroom
• Separate lounge room
• Separate meals area
• Reverse cycle air-conditioning
• Below-ground plunge pool
• 6.6kw solar Panels plus battery
• Garden shed
• Outdoor living area
• Situated in quiet cul-de-sac
• Rented at $660 per week until April 2027
• Potential Dual Income property rent each separately
Shire rates: $2,689.72*
Water rates: $1,346.38*
This property is for sale by Openn Negotiation (Online auction with flexible conditions)
The auction has commenced, and the property could sell as early as tomorrow.
Contact Exclusive Agent Roslyn Ierace immediately to become qualified or you could miss out!
(The sellers reserve the right to sell prior) Register to watch the auction at openn.com.au
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Listing description written by Roslyn Ierace, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.