Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
WA › Ardross › Olympic Pl
$1,630,000
Last sold
10 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
890 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
$1,630,000
10 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Ardross (last 5 years) with land size have a median of $3,119/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Ardross
-17.3%
Median sale
Suburb $1,970,000
+0.49 pp
Gross yield
Suburb 2.36%
Suburb median $1,970,000 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 890 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 $894/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 890 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
Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ace Realty* * * SOLD by ACE REALTY - Frank Sanchez & Michael Quirici * * *
* EXPRESSIONS OF INTEREST - CLOSED *
Ace Realty is thrilled to offer this remarkable single-storey home For Sale by Expressions of Interest with all offers to be submitted by Thursday, 19 October 2023 at 4.00pm (AWST) (unless sold prior).
890SQM BLOCK WITH DEVELOPMENT POTENTIAL (ST-WAPC APPROVAL)
This is a truly exceptional opportunity in an enviable cul-de-sac location.
Explore the potential today. This property offers a range of possibilities. You can opt to renovate the current single-level home, generate rental income while planning your dream family residence, or potentially develop it into two separate lots for brand-new homes (subject to ST-WAPC approval).
The location speaks for itself. Situated just moments away from the renowned Shirley Strickland Reserve, and conveniently positioned close to all that Ardross has to offer.
Indulge in leisurely strolls to Mastro Pizza, savour some of the town's finest fish and chips, and discover the lively Riseley Street Entertainment Precinct, featuring an eclectic mix of restaurants, cafes, bars, and boutiques. For the avid shoppers, the ever-popular Westfield Booragoon Shopping Centre is within easy reach.
This charming property is perfectly positioned in an ultra-convenient, tranquil cul-de-sac locale. It's a short walk to public transportation links and falls within the sought-after Ardross and Mount Pleasant Primary School zone, as well as the Applecross Senior High School zone. Additionally, it offers easy access to Saint Benedict's School.
Whether you're kicking a footy, throwing a cricket ball, walking the dog, going for a morning jog, or simply enjoying the peace and serenity of living near an iconic park, you'll cherish the lifestyle this home and location provide.
This property is a true treasure and an opportunity not to be missed!
Contact Frank Sanchez at 0419 367 999 or Michael Quirici at 0402 085 533 to arrange your private inspection today.
NEARBY:
--- 60m Shirley Strickland Reserve
--- 180m Mastro Pizza
--- 350m Mount Pleasant Fish and Chips
--- 740m Saint Benedict's School
--- 760m Riseley Street Precinct
--- 1.0km Woolworths Mount Pleasant
--- 1.2km Mount Pleasant Primary School
--- 1.2km Ardross Primary School
--- 1.4km Applecross Senior High School
--- 1.7km Westfield Booragoon
For more information, please contact:
Frank Sanchez 0419 367 999, or
Michael Quirici 0402 085 533,
Or email us at sales@acerealty.com.au
Ace Realty welcomes your enquiry on this property.
Please note that the sellers reserve the right to sell the property at any stage prior to the set date and time of expiry.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Frank Sanchez, Ace Realty — reproduced as published, not verified by Districts.