Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$1,525,000
Last sold
27 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
308 m²
Land
238 m²
Building
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
$1,525,000
27 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,546/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-7.9%
Median sale
Suburb $1,655,000
+0.24 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 308 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 $913/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 308 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Keevers Group North BeachQuality low-maintenance modern living comes to the fore here from within the walls of this impressive 4 bedroom 2 bathroom two-storey residence that will suit everybody from executives to families and occupies a wonderful location just footsteps away from a delightful nature reserve bordering Lakes Gwelup and Karrinyup.
Up the other end of the street is the wonderful and much-sought-after Lake Gwelup Primary School, with a fantastic early-learning/childcare facility on the corner, too. It's the kids (and even the household pet) that will also benefit from a securely-gated front-yard area with easy-care artificial turf, providing you with peace of mind above anything else.
Beyond a wide feature entry door lies a carpeted front theatre room with double doors for complete privacy when watching your favourite comedy or action flick. A separate set of double doors also shut the tiled foyer off from a spacious open-plan family, dining and kitchen area - where most of your casual time will be spent. There, you will also discover an under-stair storeroom, gleaming wooden Marri floorboards that are so attractive and easy on the eye, sparkling granite bench tops, a breakfast bar for quick bites, a large walk-in pantry, double sinks, stylish tap fittings, glass splashbacks, ample storage options, a stainless-steel Fisher and Paykel range hood, a matching five-burner gas cooktop and oven of the same brand and a stainless-steel Fisher and Paykel dishwasher that finishes things off rather nicely.
Also downstairs is a generous laundry off the kitchen, complete with over-head and under-bench storage space, a powder room and seamless outdoor access to the rear. Two separate sliders extend entertaining from the family room, out to a fabulous timber-lined alfresco-entertaining area with a ceiling fan, feature down lights, external power points and a gas bayonet for year-round barbecues. A splendid backyard-lawn area has built-in garden seating, with more synthetic turf down the side of the property doubling as your very own putting green that links the front and rear yards, too.
Upstairs, double doors open into a massive master-bedroom suite that superbly comprises of a recessed ceiling, a fan, a giant walk-in wardrobe and a sublime ensuite bathroom with a walk-in double rain shower, twin "his and hers" vanities, under-bench storage and a separate toilet. Serviced by a linen press and main family bathroom with a shower, separate bathtub, vanity and toilet of its own are the three minor bedrooms - all carpeted for comfort and boasting ceiling fans and mirrored built-in robes for good measure.
Don't underestimate just how good living in this pocket of Gwelup is, very close to Primewest Gwelup Shopping Centre, the prestigious Lake Karrinyup Country Club and golf course, the newly-completed multi-million-dollar Karrinyup Shopping Centre redevelopment, other top schools, public transport, glorious swimming beaches and the convenience of freeways north and south. This is what you get when class and convenience combine!
Other features include, but are not limited to;
• 6.6kW solar power-panel system (with a 5kW inverter)
• Ducted and zoned reverse-cycle air-conditioning system
• Integrated audio speakers
• Profiled doors throughout
• Quality modern blind fittings throughout
• Feature skirting boards
• Instantaneous gas hot-water system
• Reticulation
• Large remote-controlled double lock-up garage, with internal shopper's entry and access to the rear - plus a workshop/storage area and built-in "drop zone" with more storage and seating
• 308sqm (approx.) block size
• Built in 2009 (approx.)
• Off-road parking bays opposite the home for your guests and visitors (on Porter Street)
Disclaimer:
This information is provided for general information and marketing 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. Property is being sold as is. The seller reserves the right to accept an offer at anytime.
Listing description written by Russell Dohmen, Ray White Keevers Group North Beach — reproduced as published, not verified by Districts.