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.
WA › Gelorup › Olearia Ct
4
Bedrooms
2
Bathrooms
2
Car spaces
3,878 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
No recorded sale price for this property yet.
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.
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 3,878 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 3,878 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 Summit Realty South WestNestled on 3878sqm in sought after Gelorup, 4 Olearia Court stands as a rare gem- Offering an exceptional investment opportunity with a 5% lease back and a minimum of 12 months plus options.
This breathtaking Rural Building Co. display home that effortlessly marries modern sophistication with the timeless allure of its natural surroundings. This architectural masterpiece is perfect for discerning buyers seeking a retreat that feels both luxurious and grounded. From the moment you arrive, the sealed driveway and beautifully landscaped gardens, adorned with native plants and striking rockeries, set the tone for a home that's as captivating outside as it is within.
Step inside, and you're greeted by an expansive main living area that invites nature indoors through towering floor to ceiling windows and doors, paired with high pitched ceilings that amplify the sense of space and light. Exposed timber rafters, bush poles, and panelling lend a rustic warmth, while wood look floors and natural tones create an ambiance that's both homely and stylish. The heart of the home flows seamlessly into a sleek kitchen, where white cabinetry, quality appliances, and a cleverly designed scullery elevate everyday living. Just off this central hub, a second living space-or theatre room-offers a versatile retreat, while outside, the verandah and outdoor entertaining area create the perfect space to relax and unwind.
This 4 bedroom, 2 bathroom home is crafted for comfort and elegance. The master suite is a sanctuary unto itself, with its own pitched ceiling, floor to ceiling windows framing lush greenery plus an adjoining dressing room with a large walk-in robe. The luxurious ensuite features a double basin vanity, a freestanding bath, and a spacious walk in shower. Three additional generous bedrooms, each with mirrored robes and plush carpets, share a stunning main bathroom with a wide vanity and another freestanding bath. Nearby, a cleverly positioned activity room adds a touch of practicality and charm, offering a flexible space for play, study, or relaxation with convenient sliding door access to the verandah-enhancing the home's connection to the Gelorup landscape.
This is more than a home-it's a lifestyle statement, where the romance of a modern country retreat meets unparalleled design. Contact Exclusive Selling Agent Tim Cooper today to arrange your viewing.
PROPERTY FEATURES YOU WILL LOVE
Display home Built by Rural Building Co
4 generous bedrooms with mirrored robes and quality carpets
2 luxurious bathrooms, including a main bathroom with spacious vanity and freestanding bath
Expansive master suite with pitched ceiling, floor-to-ceiling windows, dressing room, huge walk-in robe, and ensuite with double-basin vanity, freestanding bath, and walk-in shower
Expansive main living area with high-pitched ceilings, featuring living, dining, and sitting spaces
Second living space or theatre room for added versatility
Activity area near minor bedrooms with sliding door access to the verandah
Sleek kitchen with white cabinetry, quality appliances, scullery, and overhead cupboards
Rustic charm with exposed timber rafters, bush poles and timber panelling
Wood-look floors and natural-toned décor throughout
Floor to ceiling windows and doors integrating indoor and outdoor living
Spacious verandah for outdoor relaxation and entertaining
Sealed driveway and ample parking at the front
Double garage with direct access to the scullery and kitchen
Beautifully landscaped gardens with native plants and rockeries
LOCATION FEATURES NEARBY
Bunbury Cathedral Grammar School – 450m
Dalyellup Shopping Centre – 1.5km
South West Health Campus & TAFE – 4.6km
Bunbury CBD – 9.7km (Approx 15 min drive)
Bunbury Farmer's Market – 11.1km
Built: 2024
Land size: 3878sqm
Land rates: $3057.70 approx. P/YR
Listing description written by Tim Cooper, Summit Realty South West — reproduced as published, not verified by Districts.