Glen Iris at a glance
3,353
People
$735,000
Median sale
$601/wk
Median rent
4.25%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
$780,000
Last sold
20 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
776 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
$780,000
20 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Glen Iris (last 5 years) with land size have a median of $906/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
Glen Iris at a glance
3,353
People
$735,000
Median sale
$601/wk
Median rent
4.25%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Glen Iris
+6.1%
Median sale
Suburb $735,000
-0.24 pp
Gross yield
Suburb 4.25%
Suburb median $735,000 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 776 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 $601/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 776 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
Glen Iris at a glance
3,353
People
$735,000
Median sale
$601/wk
Median rent
4.25%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Summit Realty South WestWelcome 33 Wass Drive, Glen Iris! This stunning residence is the epitome of modern elegance and comfort. Perfectly suited to growing families this beautifully presented property consists of 3 bedrooms, 2 bathrooms plus a study (or optional 4th bedroom).
As you step inside, you'll be greeted by the warmth of polished blackbutt floorboards that flow seamlessly throughout the home, setting the stage for a truly luxurious living experience. The generous-sized kitchen is a chef's paradise, featuring sleek Corian benchtops and ample space for all your cooking adventures.
Entertaining is a breeze with the separate theatre room, perfect for movie nights or game day gatherings. Retreat to the massive master bedroom, a private sanctuary complete with a sumptuous ensuite that promises relaxation and tranquillity. This exceptional property is a rare find, offering style, space, and sophistication in every corner. Don't miss the opportunity to make it yours!
For more information or to arrange a private viewing, call exclusive selling agent Tim Cooper today!
PROPERTY FEATURES YOU'LL LOVE
Massive master bedroom with walk in robe and a tranquil ensuite
Two additional bedrooms with built in robes and ceiling fans
Additional bathroom plus an extra toilet
Generous size kitchen with ample storage plus Corian benchtops
Butler's pantry with wine rack/ storeroom
Open plan living style with polished blackbutt flooring
Separate theatre room
Study/ 4th bedroom
High ceilings offering a bright, airy feel
Hamptons style shutters
Separate functional laundry with bench and storage space
Generous undercover alfresco area for entertaining
6x4 powered workshop
2 x Eaves tanks
Bore plus established lawn and gardens
Large secure backyard with an outdoor shower
Solar panels
Double lock up garage
LOCATION FEATURES NEARBY
Bunbury Farmers Market – 1.9km
Grace Christian School – 2.1km
Picton Primary School – 1.7km
Bunbury CBD – 7km
Built: 2007
Land size: 776m2
Land rates: $2991.93 approx. P/YR
Water rates: $282.60 approx. P/YR
Sewerage rates: $1281.53 approx. P/YR
Listing description written by Tim Cooper, Summit Realty South West — reproduced as published, not verified by Districts.