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WA › Warwick › Fernlea St

37 Fernlea St, Warwick WA 6024

House

$680,000

Last sold

11 May 2022

4

Bedrooms

2

Bathrooms

1

Car spaces

801 m²

Land

174 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $680,000 (11 May 2022).(Recorded sale)
  • CalculationLand 801 m² against a 174 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Warwick (last 5 years) with land size: median $1,197/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$680,000

11 May 2022 · derived via latest_sale

Local land rate: recorded House sales in Warwick (last 5 years) with land size have a median of $1,197/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Warwick at a glance

4,315

People

$1,110,000

Median sale

$752/wk

Median rent

3.52%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Vs Warwick

-38.7%

Median sale

Suburb $1,110,000

+2.23 pp

Gross yield

Suburb 3.52%

Suburb median $1,110,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$680,00011 May 2022
  2. Listedprice unknowncompleted3 May 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 801 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 801 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Warwick in one glance

Warwick at a glance

4,315

People

$1,110,000

Median sale

$752/wk

Median rent

3.52%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Keep researching

  • Why Warwick? Read the area thesis →
  • What else is on the market in Warwick →
  • Other records on Fernlea St →

Listing material

Listed by Wright Realty

4 x 2 Family Friendly, R20/40 zoned, Renovator's Dream.

4 x 2 Family Friendly, R20/40 zoned, Renovator's Dream.

Positioned on an 801m2 R20/40 zoned block, this family friendly 4-bedroom, 2-bathroom home is a renovator's dream. Situated in a quiet, yet central street of Warwick, this home has great street appeal. With potential to live as is, renovate or subdivide, this opportunity will appeal to a broad range of Buyers. Get in quick as this one will be in high demand!

Please call or SMS Karl on 0450 556 146 or email karl@wrightrealty.com.au to register your interest.

Read the full description

4 Bedrooms | 2 Bathrooms | Living | Dining | Family | Kitchen | Meals | Laundry | Patio | Pool | Carport

- On approach of the home, you are presented with nice blend of garden and paved space with plenty of off-street parking. A paved, gated brick fence offers secured entry and exit to the home, great for a family with young children.

- As you enter the home, you are greeted with a large sunken living room with air-conditioning.

- Connecting through from the living room is the dining room featuring a built-in bar area which then flows through to the family, meals, and kitchen, in an open plan format.

- The practical kitchen is spacious and features a breakfast bar, plenty of cabinetry and bench space, 4-burner gas cooktop and stainless-steel oven with recess for the microwave and double door fridge.

- The main bedroom has been privately positioned to the rear of the home and features a large mirrored built-in wardrobe and ensuite with separate shower and bath.

- Bedrooms 2, 3 and 4 sit to right of the home with direct access to the family bathroom and laundry.

- The outdoor area is comprised of a pergola and verandah area to provide plenty of shade to sit and relax.

- A large, paved backyard provides an abundance of space for the kids to run around and enjoy along with the fibre glass pool that is safely fenced off and secured.

- Single carport with side door secured access into the home.

Additional features: Insulation; Solar hot water, electric boosted system.

1975 built on approx. 801m2 block.

Nearby Amenities:

450m to Springvale Reserve

950m to Hawker Park

1.0km to Hawker Park Primary School

1.1km to Little Buckets Child Care

1.3km to Warwick Station

1.5km to Warwick Grove Shopping Centre

1.5km to Greenwood - Warwick Community Centre

2.1km to Warwick Senior High School

Disclaimer:

In preparing this information, Eview Group and its 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 Julie Ormston & Partners, Wright Realty — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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