Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Merivale Way
$970,000
Last sold
16 June 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
688 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
$970,000
16 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Greenwood (last 5 years) with land size have a median of $1,448/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-15.7%
Median sale
Suburb $1,150,000
+0.63 pp
Gross yield
Suburb 3.40%
Suburb median $1,150,000 from 55 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 688 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 $752/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 688 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
Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateThis spacious 4 bedroom and 2-bathroom family home is nestled on a quiet street in central Greenwood and boasts exceptional parking options with an extensive driveway that stretches beyond the double gates. With multiple living areas and generous size bedrooms along with a large outdoor entertaining area which overlooks the established backyard makes this the ideal nurturing home for the growing family.
Features include:
• Multiple living areas to cater for the whole family's needs: A front sitting area with its distinctive tall feature recessed windows and high ceiling is a comfortable spot to sit and relax. Close by is the meals dining area which is easily serviced by the centrally positioned kitchen. The generously sized rear family room links onto to the alfresco entertaining area, making it ideal for indoor/ outdoor entertaining.
• The well-appointed kitchen includes loads storage and work bench space, corner pantry, dishwasher, microwave recess, wall oven, gas cooktop and a family sized breakfast bar. The study nook opposite ensures it is easy to keep an eye on the kids doing their homework whilst whipping up a meal.
• The master bedroom will easily accommodate a KS bed and includes a wall of robes and built-in shelving. The nearby bathroom includes a roman style bath/ shower and a large vanity unit and a separate toilet. The minor bedrooms are in the rear wing of the home, close to the 2nd bathroom. All the bedrooms are well sized and include built-in robes.
• Other features include ducted air conditioning, practical and durable hard floorings to all the living areas and hallways, carpet to the minor bedrooms, timber venetians compliment the timber skirtings and windowsills. Security grills are in place for peace of mind and solar panels for cheaper electricity.
• Convenience of an auto door to the garage/carport and a shopper's entry at the end of the garage. Two cars can be parked in tandem whilst the adjacent paved area will comfortably fit a caravan and boat behind the double gates. The extensively paved driveway allows for extra off-street parking.
• The low maintenance front yard of established plants and trees is very easy care…. there is no lawn to mow! The backyard includes established citrus trees and a good patch of lawn for the kids and pets to play. A large garden shed is tucked to the corner whilst the northern side of the home is paved for easy care.
• Greenwood Primary School is down the road, and a selection of lush parklands are nearby. The convenience of bus stops are just in the next street and a range of shops, restaurants and medical facilities are only a short drive away.
• 688m2rectagular block.
This solid and spacious1975 built family home is ready for you to move straight and enjoy.
Contact Julie Vincent (Julie.vincent@peard.com.au) to register your interest now.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Julie Vincent, Peard Real Estate — reproduced as published, not verified by Districts.
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