Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
WA › Millbridge › Swan Ave
$640,000
Last sold
25 Nov 2024
4
Bedrooms
2
Bathrooms
0
Car spaces
734 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
$640,000
25 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Millbridge (last 5 years) with land size have a median of $1,047/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Millbridge
-32.6%
Median sale
Suburb $950,000
+1.76 pp
Gross yield
Suburb 3.62%
Suburb median $950,000 from 21 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 734 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 $662/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 734 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
Millbridge at a glance
3,134
People
$950,000
Median sale
$662/wk
Median rent
3.62%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Summit Realty South West BunburyWelcome to 31 Swan Avenue, a four-bedroom, two-bathroom home situated on a generous 734m2 corner block with side access. The property is perfect for investors and currently has a fixed term lease until 20th May 2025.
This well thought out design has the growing family in mind without compromising on quality. Boasting beautiful timber look flooring creating a warm and inviting environment complete with open plan living style with plenty of room for the whole family to gather. The secure backyard is the perfect place for kids to play as well as a side access, perfect for trailers, caravans or boats.
Nestled in the confines of the ever-popular suburb of Millbridge and close to all shopping, sporting facilities, schools and a short drive to Bunbury CBD this home is not to be missed!
For more information or to arrange a private viewing, call exclusive selling agent Tim Cooper today!
PROPERTY FEATURES YOU'LL LOVE
Master bedroom with ensuite and built in robes
Three minor bedrooms with built in robes
Second bathroom
Open plan living style with timber look flooring
Well situated kitchen with ample storage and modern appliances
Neutral colour palette throughout
Separate laundry with plenty of bench space
Generous sized secure backyard with side access
Undercover patio for entertaining
Generous 734m2 corner block
Double lock up garage
LOCATION FEATURES NEARBY
Glenhuon Primary School - 1.1km
Eaton Community College - 2.2km
Eaton Fair Shopping Centre - 2.7km
Bunbury CBD - 11.9km
Built: 2005
Land size: 734m2
Land rates: $2618.07 approx. P/YR
Water rates: $1564.13 approx. P/YR
Listing description written by Tim Cooper, Summit Realty South West Bunbury — reproduced as published, not verified by Districts.