Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
$630,000
Last sold
16 Jan 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
4,338 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
$630,000
16 Jan 2021 · derived via latest_sale
Local land rate: recorded House sales in Gelorup (last 5 years) with land size have a median of $194/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Gelorup
-53.3%
Median sale
Suburb $1,350,000
+3.39 pp
Gross yield
Suburb 2.97%
Suburb median $1,350,000 from 19 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 4,338 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 $770/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 4,338 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
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburyThis spacious family home has it all! The elevated block is quiet and private from the road, with ample parking, for visitors too.
As you walk in from the big front verandah, the open plan living hits you straight away, the sense of space is refreshing......
Families will enjoy the open plan living, where the family can come together, with the spacious family room, bright and airy meals area with its big windows looking out to the outdoor living.
The Alfresco will be a summer delight, with cool summer breezes flowing through, as your guests relax watching the kids splashing in the below ground pool.
The stunning Tasmanian Oak Kitchen, with its granite benches and contrasting glass splash backs, featuring a breakfast hutch, plenty of overhead cupboards and stainless steel double oven, dishwasher, gas hotplate and range hood. All the modern conveniences that are not only practical, but looks amazing.
The master suite situated at the front of the home gives a tranquil outlook, has its own ensuite and walk in robe, a peaceful retreat from the rest of the home.....
With another 4 bedrooms for the kids or guests, space abounds, at the end of the children's wing the 5th bedroom is ideal as a kids family room, because the home also boasts a separate study, off the living area, with its own external entrance.
For year round comfort the whole home has ducted reverse cycle air conditioning..... And the recendt addittion of a slow combustion fire for winter warmth.
Beside the pool, you will find the outside games room, ideal as a gym or just somewhere the teenagers can chill out, and next to it storage for all the pool equipment.
Auto reticulation runs from the bore, throughout the easy care lawns and gardens, the rear terraced gardens area a feature but also easy to tend to at "just the right height".
The elevation from the rear of the property commands beautiful views out over Gelorup and not until you take a wander do you realise how elevated it actually is.
With easy access from the bitumen driveway, not only the double garage but paved area at the side of the home for boat or caravan, with 9x4* metre workshop.
A massive 21 solar panels on the roof - power from the sun will flow! And the added bonus of advanced technology in the recently replaced Quantum hot water system, just another cost saving in this ever increasing world of charges....
Call Exclusive agent Roslyn Ierace today for your viewing of this quality Gelorup home... BUT dont delay as the auction has comenced and the home could sell at any time!
Shire Rates: 2139.41*
*Approximate only
Listing description written by Roslyn Ierace, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.
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