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 › Kooya Way
$716,000
Last sold
23 Sept 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
310 m²
Land
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
$716,000
23 Sept 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
-28.4%
Median sale
Suburb $999,500
+1.42 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 310 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 310 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 Kreative Property GroupThis stunning 3-bedroom, 2-bathroom home is the perfect family retreat, investment opportunity, or first homebuyer's dream. Priced competitively in the current market, this property offers unmatched value and is ideal for a wide range of buyers.
Key Features:
• Master Bedroom: Includes a modern En-suite
• Main Bathroom: Spacious with a separate toilet for guests
• Double Garage: Ample storage space and practicality, with sensor lights inside and outside
• 6.6 kW Solar System: Energy-efficient and cost-saving
• Evaporative Cooling System: Keeps the home comfortable year-round
• Secured Grills: Added safety and peace of mind
• Gas Water Heater System: Nearly new, ensuring reliable hot water supply
• Artificial Grass: Installed last year, offering a low-maintenance, green lawn
• Freshly Painted: The entire home has been freshly painted, giving it a bright and clean appearance
• Downlighting: Modern downlights throughout, adding a sleek and contemporary feel
• Lounge Room: Stylish and comfortable space for family gatherings
Investor's Perspective:
- Location Benefits: Situated near the airport, with easy access to the city, schools, and shopping centers, this property is
guaranteed to attract quality tenants.
- Rental Yield: With a current market rental appraisal of $730-$780 per week, this property offers an excellent return on
investment.
First Homebuyer's Opportunity:
- Budget-Friendly: This home is a fantastic option for first homebuyers, fitting comfortably within budget compared to current
market trends, offering exceptional value for money.
Location Highlights:
- Prime Location: Situated in the heart of Wattle Grove
- Walking Distance: Close to the shopping center, child care, gym, and local shops
- Education: Just a short walk away from Wattle Grove Primary School
- Convenient Access: Easy access to Tonkin Highway and Leach Highway
- Close to Perth Airport: Only a few minutes' drive, ideal for FIFO workers and those working in the city
Price Guide: Starting from $679,000
This property offers both convenience and comfort in a secure, well-maintained home that's ready for its new owners. Whether you're an investor looking for a high rental yield or a first homebuyer seeking an affordable, quality home, this property ticks all the boxes.
So this property is ideal as a home or a safe investment. Homes of this calibre won't be priced like this for much longer, so act quickly.
For more information, please contact Harry Brar at 0423 086 255. Don't miss out on this fantastic opportunity!
Disclaimer:
In preparing this information, Agents'Agency and it's members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.
Listing description written by Harry Brar, Kreative Property Group — reproduced as published, not verified by Districts.