Wembley at a glance
13,786
People
$2,040,000
Median sale
$564/wk
Median rent
1.44%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Wembley › Reserve St
4
Bedrooms
2
Bathrooms
0
Car spaces
1,075 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wembley (last 5 years) with land size have a median of $4,018/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Wembley at a glance
13,786
People
$2,040,000
Median sale
$564/wk
Median rent
1.44%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
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 1,075 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 $564/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1,075 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
Wembley at a glance
13,786
People
$2,040,000
Median sale
$564/wk
Median rent
1.44%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Duet PropertyTHE FEATURES YOU WILL LOVE
Every now and then, the Perth real estate market produces a truly unique prospect. 37 Reserve Street offers one lucky new custodian a plethora of opportunities. The much-loved 1955 home has been renovated to be the perfect vessel for day-to-day family living, with beautiful light and bright spaces, complemented by a great amount of separation for the growing family. The backyard is where this home comes into its own. 1,075 square metres of prime (sub-divisible) Wembley land, means sprawling lawns and gardens, a giant pool, and even a chicken coop down the back! If pools and chickens aren't of interest, the backyard can be subdivided into a battle-axe block, whereby retaining the front home, and creating a separate asset to the rear, with the perfect stencil for a driveway down the northern boundary, providing access for the rear block. With property prices making home ownership difficult for the next generation, 37 Reserve can offer you the perfect family home and backyard for the foreseeable future, with the potential of a generational asset down the track. Needless to say, this one is as rare as hen's teeth!
THE LIFESTYLE YOU WILL LIVE
Located within the Wembley Primary and Shenton College catchments, the ever-sought-after lifestyle of Wembley is at your fingertips! Footsteps from your doorstep, you have the choice of Lake Monger or Herdsman Lake. Combine this serene locale with all the vibrancy the local cafes, restaurants and entertaining precincts have to offer, and your lifestyle is one of leisure. Enjoy Wembley's family favourites, all just a short walk away - Captain Peter's Fish and Chips (The best value fish and chips in Perth), Monsterella, Mummucc', RoyAl's and so much more. Positioned with proximity to the freeways/CBD, and just a short drive to the golden sands of Western Australia's most pristine beaches, all the boxes are ticked with Wembley living!
THE DETAILS YOU WILL NEED
Water Rates: $1,471.86 per annum
Council Rates: $2,160.66 per annum
Land Area: 1075m2
Auction Date: Saturday 22 March 2025
Auction Time: 10:30AM
Auction Location: 37 Reserve Street, Wembley
Deposit: $100,000 (payable on Auction day)
Settlement Date: 45 or 60 days from Auction day
Listing description written by Craig Gaspar, Duet Property — reproduced as published, not verified by Districts.