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.
$1,880,000
Last sold
3 Sept 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
472 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
$1,880,000
3 Sept 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
+13.6%
Median sale
Suburb $1,655,000
-0.34 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 472 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 472 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 Thought Leaders Real EstateNick & Jo Proudly Present 4 Chieti Place.
THE OFFERING
Brief: 5 bed | 2 bath | 2 car | Study | Land: 472sqm
Method: Closing Date Sale – All offers Presented on the 3rd of September at 5:00pm
(Our sellers reserve the right to sell prior to the closing date)
Price: Offers Invited!
Settlement Terms: No earlier than the 25th October 2024
Shire Rates: $3,439.00
THE INTELLIGENCE
This exquisite 5 bedroom, 2 bathroom two-storey residence offers a high-quality standard of modern family living, within an intimate street setting in a sought-after pocket of Gwelup that finds itself only walking distance away from the idyllic local picturesque Careniup Reserve parklands and wetlands around the corner and a series of fantastic playgrounds that the kids will absolutely love. From its clean, crisp lines to its stylish and sophisticated collection of features, every inch of this unique home has been meticulously crafted to elevate your lifestyle. Impressive is an understatement!
Features include, but are not limited to:
• A securely-gated courtyard entrance off the home's splendid north-facing frontage, eventually revealing a wide feature entry door and extra-wide foyer that always helps when it comes to moving furniture in and out
• A huge king-sized master-bedroom suite downstairs, comprising of tinted windows, a ceiling fan, a generous fitted "his and hers" walk-in dressing room and a connecting fully-tiled ensuite bathroom with a walk-in rain/hose shower, twin stone-vanity basins and a separate toilet for good measure
• Two separate ground-level living zones – a separate theatre room (with integrated audio speakers) behind the privacy of double doors and a spacious open-plan family, dining and kitchen area boasting a remote-controlled electric Heatglo fireplace, a double-door storage pantry, glass splashbacks, stylish pendant light fittings, a circular sink, an integrated range hood, AEG Induction-cooktop, double-oven, integrated-microwave and integrated-steam-oven appliances and a wonderful butler's pantry, home to more stone bench tops, tiled splashbacks double sinks, ample over-head and under-bench storage cupboards and a stainless-steel AEG dishwasher to keep with theme
• A lower-level study with a large under-stair storeroom, neighboured by a powder room (with a stylish basin) and a full-height double-sliding-door linen press – with a separate laundry sitting off the butler's pantry and playing host to its own sleek stone counter tops, internal hanging space, over-head and under-bench storage cupboards, a full-height double linen cupboard and access to a side drying courtyard
• A dream outdoor setting that includes a delightful covered alfresco-entertaining area to the side and off the family room (accessible via sliding-stacker doors), smart-controlled BOSE audio speakers and full view of a shimmering electrically-heated below-ground swimming pool – as well as its relaxing poolside cabana deck with shade blinds for protection from the elements
• A commodious upstairs retreat/activity area for the kids, servicing four carpeted bedrooms – all with full-height built-in robes – and complementing another powder room, a walk-in linen press and a large light-filled main family bathroom with a rain shower, separate bathtub and a stone vanity
• Spacious 2nd and 3rd bedrooms with ceiling fans and custom fit-outs to their respective robes, with triple sliding doors gracing the BIR's within the 4th bedroom
• Amongst the extra features of this magnificent 2018-built (approx.) abode are high ceilings, gleaming wooden Bamboo floorboards, solar-power panels, ducted reverse-cycle air-conditioning with e-Zone Advantage-Air touchpad controls, a security-alarm system, CCTV security cameras, feature LED down lights, white plantation shutters to the home's front windows, internal profile doors, feature ceiling cornices, feature skirting boards, security doors, an instantaneous gas hot-water system, quality aggregate exterior concrete, Colorbond fencing, reticulation, low-maintenance gardens and artificial turf, a side-access that links the front and back yards and an extra-large remote-controlled double lock-up garage with internal shopper's entry and roller-door access to the side/rear entertaining area
THE VISION
A family-friendly community feel pervades this desirable locale, situated within strolling distance of bus stops and in very close proximity to the prestigious Lake Karrinyup Country Club, Carine Senior High School, Primewest Gwelup Shopping Centre, Lake Gwelup Primary School and beautiful Lake Gwelup itself – as well as the scenic public reserve that frames it. Other outstanding schools, the new-look Karrinyup Shopping Centre, the exciting Hamersley Public Golf Course revamp, the freeway, Stirling Train Station and breathtaking beaches can all be found nearby too, adding a sense of overwhelming convenience to the overall class this special property has to offer. The ultimate in contemporary luxury awaits you and your loved ones here – this is a home that simply has it all!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.