Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Southern River › Ganges St
$580,000
Last sold
10 July 2025
2
Bedrooms
2
Bathrooms
2
Car spaces
125 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
$580,000
10 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Southern River (last 5 years) with land size have a median of $2,069/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Southern River
-45.3%
Median sale
Suburb $1,061,000
+3.21 pp
Gross yield
Suburb 3.87%
Suburb median $1,061,000 from 83 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 125 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 $790/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 125 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
Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smart RealtyDiscover modern living at its best with this brand-new, never-lived-in home in the heart of Southern River. Perfectly positioned on a 125sqm block, this thoughtfully designed property is ideal for first home buyers, investors, or downsizers looking for comfort, style, and low-maintenance convenience. Located just 300m from the exclusive residents-only community swimming pool, this property blends luxury, functionality, and future potential!
Step inside to find a light-filled open plan kitchen, living and dining area, complete with contemporary finishes and a clever layout that maximises space. The modern kitchen offers sleek cabinetry and quality appliances, flowing effortlessly into the living area perfect for entertaining or everyday living.
Two generously sized bedrooms each come with built-in robes and access to their own stylish bathrooms, making this a practical and comfortable home for singles, couples, or shared living.
The single remote garage includes a convenient laundry nook, tucked away to make smart use of space while keeping everything functional and tidy.
Property Highlights:
✅ Brand new never occupied
✅ 125sqm block compact and easy-care
✅ 2 large bedrooms with built-in robes
✅ 2 modern bathrooms with quality fittings
✅ Light-filled open plan living/dining/kitchen
✅ Split system air conditioning for year-round comfort
✅ Single remote garage with laundry nook
✅ Low-maintenance courtyard/back garden
✅ Access to community swimming pool just 300m away
✅ Ideal for investors, downsizers, or first home buyers
Important Information
- Strata Fees: $210 per quarter
- Zoning R80 High Density Residential
- Land Size 125 sqm
- Rental Appraisal $550 - $600 per week perfect investment!
- Council Rates Approx. $2000 per annum
- Water Rates - $635.53 per annum
Situated in a quiet yet convenient pocket of Southern River, close to local shops, transport, schools, and parks this is an outstanding opportunity to secure a brand-new home with excellent growth potential.
For more information or to submit an offer, please contact Mahi Masud from Smart Realty on 0449 608 412.
Please note: Grass shown in photos has been digitally enhanced for illustrative purposes. Landscaping will be completed prior to settlement.
Listing description written by Mahi Masud, Smart Realty — reproduced as published, not verified by Districts.