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.
$1,859,000
Last sold
7 Sept 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
809 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
$1,859,000
7 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,559/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
+12.3%
Median sale
Suburb $1,655,000
-0.32 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 809 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 809 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 are honoured to present 4 Teale Court
Picturesque Lakeside Living of the Highest Order!
For Sale by Closing Date Sale - All Offers will be presented on Tuesday 16th August at 5:00pm.
*Our Sellers reserve the right to sell prior to the Closing Date*
Stunning space and modern quality abound throughout this hugely-impressive 4 bedroom 2 bathroom family home that is near-new – having only been built in 2021 – and is nestled on a massive 809sqm block in the most tranquil of cul-de-sac settings, directly opposite the picturesque Lake Gwelup Reserve Walking Track and bushland. Everything about this sleek and stylish residence is bigger and better than your average property, with a fantastic solar-passive design ensuring that plenty of natural light filters through the interior in the morning, with the front of the house benefitting from rays of afternoon sun, as well. This one simply has to be seen to be believed!
Features include, but are not limited to:
• A spacious open-plan family, dining and kitchen area where most of your casual time will be spent, boasting a soaring high cathedral-style feature ceiling, an island breakfast bar, sparkling Caesar Stone bench tops, integrated AEG dishwasher, range-hood, five-burner gas-cooktop and pyrolytic-oven appliances and a scullery area with ample storage options – including a double linen press
• A private rear alfresco-entertaining area that can be seamlessly accessed from the family room via stacker doors and has a matching cathedral-style ceiling too, along with a gas bayonet for outdoor barbecues – all overlooking a sprawling full-size wraparound backyard with lush green lawns, a sandpit and slide for the kids, vegetable gardens, a corner garden shed, mulberry, orange, lemon and apple fruit trees and heaps of room for a trampoline or future swimming pool too, if you are that way inclined
• A pitched front verandah with yet another cathedral-style ceiling to keep with theme, overlooking the north-facing front-yard lawns and the gorgeous lakeside trees whilst also accessible via the carpeted lounge/theatre room inside
• A fantastic separation in the floor plan, with all four carpeted bedrooms positioned with purpose – the carpeted activity room servicing the minor sleeping quarters where a fourth bedroom has built-in double wardrobes, the king sized second and third bedrooms have full-height triple-door sliding built-in robes and a fully-tiled main bathroom with a walk-in rain shower, a free-standing bathtub and twin stone vanities is complemented by a powder room and a large walk-in storeroom
• A spectacular king-sized master retreat with access to the side-yard lawns, plus quality block-out curtains and sheers, a huge fitted "his and hers" walk-in robe and a massive five-star ensuite with a walk-in rain shower, free-standing bathtub and twin stone vanities of its own, as well as a separate toilet
• Well-appointed laundry off the kitchen, complete with a sleek-concrete Caesar Stone bench top just like the rest of the home, internal hanging space, ample storage options and outdoor access to the rear
• Remote-controlled lock-up double garage with a storage area, power points, rear access, internal shopper's entry and ample driveway parking space preceding it
• Amongst the extras of this sublime home are classy 900mm x 900mm floor tiles, a 5kW solar power-panel system, double-glazed windows throughout, quality insulation throughout, a custom "drop zone", extra-height internal doors, wool carpet throughout, ducted and zoned reverse-cycle air-conditioning, feature LED down lights, a MyPlace "smart home" system controlling the air-conditioning, garage roller door, lighting and Wi-Fi reticulation, ample power points, shadow-line ceiling cornices, 32-course-high ceilings, extra-height 34-course ceilings to the entrance and hallway and an instantaneous gas hot-water system
Other lovely local parklands can also be found nearby – including another one across the road, as can Primewest Gwelup Shopping Centre, Lake Gwelup Primary School and bus stops – all only walking distance away. The home also lies in very close proximity to the prestigious Lake Karrinyup Country Club and golf course, Hamersley Public Golf Course, the freeway, Stirling Train Station, other magnificent schools, pristine beaches and the new-look Karrinyup Shopping Centre redevelopment. Why wait to build when all of the hard work has already been done for you, here?!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.