Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Forrestfield › Lincoln Rd
$743,000
Last sold
28 Oct 2024
4
Bedrooms
1
Bathrooms
2
Car spaces
710 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
$743,000
28 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Forrestfield (last 5 years) with land size have a median of $1,113/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Forrestfield
-16.0%
Median sale
Suburb $885,000
+0.78 pp
Gross yield
Suburb 4.07%
Suburb median $885,000 from 60 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 710 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 $693/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 710 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
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroYou're in luck! You've possibly just found one of Forrestfield's best buys. Welcome to 40 Lincoln Road. Featuring a supreme location opposite awesome open parkland and the convenient Forrestfield Centro shopping district. This large four bedroom one bathroom property has been lovingly renovated and carefully updated throughout. Designed to LIVE in and not just to LOOK at. There's established fruit trees, a huge powered workshop and an astonishing zoning of R25/60 which actually allows for retain and build subdivision potential. Incredible.
On your arrival you will notice that this property makes complete use of the larger 710 sqm block. It is fully fenced with a secure electronic gate that leads through to a large powered workshop. Outside there are two large patio entertaining areas, a standalone gazebo and mango trees. A big backyard with everything that you have been looking for and more.
All of this (except for the workshop) can actually be retained should you ever decide that you want to subdivide - and subdivide you can! The positioning of this home allows for the coveted 'side by side' dual street frontage retain and build development. Subject to all relevant approvals of course. This means you can keep the fantastic existing home and build an entirely brand-new property overlooking the park. While this may be our favourite option, there are even more development opportunities too as this is potentially a four unit site!
But that's not even all - inside the home is perfect. There are two light filled living areas, four great bedrooms and a semi ensuite bathroom off of the frontal master. In the heart of the home the kitchen shines. Completely renovated and updated with endless storage space, island cook bench, stainless steel standalone oven/cooktop and so much more. If you like to cook (or to eat) this will surely entice you.
The frontal lounge has a wood fireplace for the winter nights, while the rest of the home is airconditioned throughout, updated with bright LED downlights, a solar array on the roof and a security surveillance system that is all included. The list goes on!
In brief:
- Four bedroom 1 bathroom family home
- Awesome location opposite reserve and shops
- Big 710 sqm block
- R25/60 for incredible subdivision potential
- Renovated kitchen
- Security system
- Solar power array
- Split system air-conditioning
- LED downlights
- Big powered workshop
- Established fruit trees
Don't just sit there reading this text, call The Mitchell Brothers now so that you can make sure you get the chance to view this home.
Alex Mitchell - 0404 122 943
Nick Mitchell - 0415 833 131
Water rates: $1,184.22 p/a (approx.)
Council rates: $2,120.56 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.