Redcliffe at a glance
5,350
People
$970,000
Median sale
$682/wk
Median rent
3.66%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
WA › Redcliffe › Morrison St
$449,000
Last sold
26 Sept 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
521 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
$449,000
26 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Redcliffe (last 5 years) with land size have a median of $1,491/m² of land (n=99). Districts calculation from recorded sales — not a valuation.
Redcliffe at a glance
5,350
People
$970,000
Median sale
$682/wk
Median rent
3.66%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Redcliffe
-53.7%
Median sale
Suburb $970,000
+4.24 pp
Gross yield
Suburb 3.66%
Suburb median $970,000 from 27 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 521 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 $682/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 521 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
Redcliffe at a glance
5,350
People
$970,000
Median sale
$682/wk
Median rent
3.66%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Urban SpringsHave you been looking for that perfect home?? Then look no further ... welcome to 41 Morrison Street, Redcliffe! This appealing 3-bedroom, 1-bathroom house is the perfect opportunity for first-time homebuyers, small families or investors looking for a solid investment.
Situated on a generous 521m2 block, this property offers ample space both inside and out. The well-maintained house features a spacious living area with beautiful floorboards, creating a warm and inviting atmosphere. The three bedrooms are all generously sized and the backyard is a delight with alfresco, lemon tree, grassed yard & a lockable garden shed.
The property:
• Brick veneer & tile character, built in 1963
• Front yard with established lawns & gardens
• Fully reticulated garden beds
• Undercover concrete verandah
• Open plan kitchen, dining & lounge with reverse cycle FUJITSU air conditioner
• Glass oyster style light fittings
• Cottage style kitchen with gas stove/oven
• Feature fireplace
• Jarrah timber floor boards throughout
• Good sized bedrooms
• Master bedrooms includes stainless steel ceiling fan
• Renovated bathroom with a combined bath + shower
• Laundry to rear of home with separate toilet
• Fully enclosed yard with established lawns + Lemon tree
• Paved alfresco overlooking yard
• Lockable garden shed with concrete floor
• Side access to rear yards/patio
• 2.8 kw Solar panel system on roof
• RHEEM hot water system
• Security screen doors
• Single carport with additional tandem parking
• 521m2
The location:
• Within walking distance to Selby Park & Smythe Lake Reserve
• 15 minutes walk to Saint Maria Goretti's Primary School
• 10 minutes drive to Belmont Forum Shopping Centre
• 5kms to Redcliffe Primary School
• 5kms to Perth Airport, Costco & DFO, Redcliffe Train Station
Invest or nest - this property is perfect to enjoy yourself or to keep the current tenant residing at the property. A current lease is in place until early November 2023 at $440.00 per week.
Please click the 'Get In Touch' button to register your interest or to inspect, alternatively phone Toby or Andrew directly to discuss further.
Listing description written by Andrew Huggins, Ray White Urban Springs — reproduced as published, not verified by Districts.