Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
WA › Gelorup › Tea Tree Pl
$1,495,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
4,027 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
$1,495,000
Asking · $371/m² of land
No recorded sale for this property.
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Gelorup
+10.7%
Median sale
Suburb $1,350,000
-0.29 pp
Gross yield
Suburb 2.97%
Suburb median $1,350,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$72,033 on top of the price (4.8% 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 Gelorup'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 4,027 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 $770/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 2.7%. 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 4,027 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
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Summit Realty South WestPrivately nestled amongst beautifully manicured gardens and established lawns, this spacious family home offers the perfect blend of timeless character, generous living and relaxed outdoor entertaining in one of Gelorup's most sought-after locations. Positioned just moments from Bunbury Cathedral Grammar School, this is a lifestyle property designed for families who appreciate space, privacy and quality.
Welcoming you home is a picturesque hot mix circular driveway leading to an elegant double French door entry. Inside, feature rendered limestone walls, terracotta-style floor tiles and warm neutral tones create a home full of charm and character. Offering four generous bedrooms, two bathrooms and multiple living areas, there's ample room for the whole family to spread out and enjoy.
The spacious master suite provides a peaceful retreat, complete with a ceiling fan, walk-in robe and a beautifully appointed Tuscan-inspired ensuite featuring floor-to-ceiling tiling, a glass shower screen and quality finishes.
At the front of the home, the formal lounge and dining rooms capture tranquil garden views, enhanced by feature rendered walls, terracotta-style floor tiles and an overhead fans. Large windows frame the stunning outdoor surrounds, while a separate powder room and toilet provide added convenience for guests.
The heart of the home is the expansive kitchen, thoughtfully designed for family living and entertaining. Featuring an electric wall oven and grill, gas cooktop, dishwasher, double sink, an enormous walk-in pantry, extensive bench space and an abundance of storage, it overlooks the spacious open-plan family and meals area. Internal access from the double garage directly into the kitchen makes everyday living effortless.
The light-filled family room is rich in character with striking rendered limestone feature walls, a feature ceiling, cosy wood fire, ceiling fan and two split-system air conditioners positioned at either end for year-round comfort. Glass sliding doors open seamlessly onto the expansive outdoor entertaining area, creating the perfect indoor-outdoor flow.
Adjacent to the family room, the generous meals area boasts high ceilings, feature rendered limestone walls and viewing windows through to both the formal living area and the separate study or children's activity room, creating a connected and family-friendly layout.
Perfect as a home office, children's retreat or hobby room, the separate study enjoys terracotta-style tiling, an overhead fan and feature internal windows that keep you connected to the heart of the home.
Three additional bedrooms are all generously sized with built-in robes, overhead fans and neutral toned carpeting. One bedroom also features its own sliding glass door with security screen, providing direct access to the swimming pool -ideal for guests, teenagers or a home business setup.
The family bathroom offers a luxurious feel with floor-to-ceiling tiling, a corner spa bath, glass brick feature windows allowing natural light to flow through, and a separate shower with glass screen. A spacious laundry with built-in cabinetry, tiled splashback and direct backyard access completes the functional layout.
Step outside and you'll discover your own private resort. The huge brick-paved alfresco is complete with overhead fans and overlooks beautifully established gardens, creating the perfect setting for year-round entertaining. The large below-ground swimming pool stretches along the western side of the home, while the nearby brick outbuilding with French doors presents exciting potential to transform into the ultimate pool house, games room or entertaining pavilion.
Offering privacy, space and an exceptional family lifestyle in a tightly coveted Gelorup location, this impressive home is ready for its next chapter.
*Spa is a bath only, and will not be in working order as a spa bath at Settlement*
Contact Adrian Triplett on 0419 971 888 or Logan Cristaldi on 0418 718 882 to book your viewing today.
https://www.openn.com/adriantriplett
Disclaimer – Please note that while we have taken great care in creating this advertisement and estimating expenses, all information from the seller and seller's agent is given in good faith. We recommend that potential buyers conduct their own research to verify all relevant details. The images are for illustrative purposes only.
Listing description written by Adrian Triplett, Summit Realty South West — reproduced as published, not verified by Districts.