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WA › The Vines › Courbette Way

38 Courbette Way, The Vines WA 6069

For saleHouse for Sale

$870,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

376 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $870,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $870,000(Listing record · 3 July 2026)
  • CalculationAsk is 26% below the The Vines median recorded sale ($1,182,500, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at The Vines's advertised median rent ($718/wk), implied gross yield would be 4.29% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$870,000

Asking · $2,314/m² of land

No recorded sale for this property.

The Vines at a glance

6,766

People

$1,182,500

Median sale

$718/wk

Median rent

3.16%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full The Vines report →

Vs The Vines

-26.4%

Median sale

Suburb $1,182,500

+1.13 pp

Gross yield

Suburb 3.16%

Suburb median $1,182,500 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$870,000
Stamp Duty (Western Australia)
$35,921
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$909,846

$39,846 on top of the price (4.6% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with The Vines's advertised median rent — not a rent for this listing.

Net yield
2.79%
Annual cashflow (pre-tax)
$-20,954
Interest cover (DSCR)
0.54
Annual rent
$37,336
Operating expenses
$13,050
Loan amount
$696,000
Annual interest
$45,240
Gross yield
4.29%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$870,000available3 July 2026

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 376 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 $718/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

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 376 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

The Vines in one glance

The Vines at a glance

6,766

People

$1,182,500

Median sale

$718/wk

Median rent

3.16%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full The Vines report →

Keep researching

  • Why The Vines? Read the area thesis →
  • What else is on the market in The Vines →
  • Other records on Courbette Way →

Listing material

Listed by First National Real Estate Swans Residential

Spacious 4x2 Family Home in the Serene Surrounds of The Vines !!!!

Welcome to 38 Courbette Way, The Vines - a beautifully designed 4-bedroom, 2-bathroom home offering comfort, style, and functionality for the whole family.

The gourmet-style kitchen is equipped with quality appliances, ample cabinetry, and a generous pantry, making meal preparation and storage effortless. The open-plan living and dining area creates the perfect space for entertaining, while the separate lounge/theatre room provides an ideal retreat for relaxing.

All bedrooms feature quality carpets, along with blinds and curtains to help reduce UV exposure and create a comfortable living environment. The spacious bathrooms provide plenty of room for your daily routines, while the master bedroom includes a private ensuite and walk-in robe.

Read the full description

The dedicated activity/sunroom area offers a wonderful space for children to play, learn, and explore, with sliding doors opening to the fully enclosed backyard. The low-maintenance outdoor area is perfect for enjoying the fresh air, entertaining family and friends, or simply unwinding.

Enjoy year-round entertaining in the all-weather alfresco, featuring expansive sliding glass doors that allow an abundance of natural light to fill the home.

Located in the peaceful and sought-after suburb of The Vines, this home is surrounded by beautiful parks and offers a relaxed lifestyle while still being close to everyday amenities.With an estimated rental potential of approximately $800 per week, this property also presents an excellent opportunity for investors seeking strong rental returns.

Features:

• 4 spacious bedrooms and 2 bathrooms

• Master bedroom with ensuite and 2 sided walk-in robe

• Generously sized three minor bedrooms with built-in robes

• Main bathroom with shower, vanity, and bath

• Security screen door to the front entrance

• Open-plan kitchen, living, and dining area

• Modern kitchen with oven, stove, and rangehood

• Separate lounge/theatre room

• Feature walls throughout living areas, theatre, and bedrooms

• Split-system air conditioning in master bedroom and living area

• Double lock-up garage

• Floor-to-ceiling sliding glass doors opening onto the alfresco

• Private, low-maintenance backyard with artificial turf

Location Highlights:

• Close to The Vines Resort and the renowned golf courses

• Minutes from Aveley Shopping Centre, Ellenbrook Central, supermarkets, cafés and restaurants

• Close to Martin Park, Courbette Park, Clydesdale Park, Annies Landing Dog Park

• Nearby quality schools including Aveley Primary School, Aveley Secondary College and other local education options

• Convenient access to West Swan Road, Gnangara Road and Tonkin Highway

• Easy commute to Ellenbrook and surrounding suburbs

• Enjoy the nearby Swan Valley with its wineries, breweries, cafés and family attractions

For all inquiries, please contact Kajal Kamboj on 0411 810 169.

SCHEDULED INSPECTION TIMES ARE SUBJECT TO CHANGE WITHOUT NOTICE

Disclaimer:

While every effort has been made to ensure the information provided for this property is accurate and correct at the time of writing, it cannot be guaranteed. Distances are approximate and estimated using Google Maps. References to schools do not guarantee availability. Buyers are advised to make their own enquiries to verify all information. The seller, their representative, or agent cannot be held responsible for any inaccuracies. The agent does not warrant the accuracy of images and shall not be liable for any discrepancies between the photographs and the actual condition of the property at the time of viewing or purchase.

Listing description written by Kajal Kamboj, First National Real Estate Swans Residential — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

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

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