Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Phar Lap Rd
$590,000
Last sold
24 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
548 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
$590,000
24 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,566/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
-41.0%
Median sale
Suburb $999,500
+2.50 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 548 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 548 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Stirling ClarkIf hosting the family get togethers or the Sunday afternoon footy BBQ is your thing, then welcome to your new home. You will struggle to find a more beautifully presented and better designed property than this on the market. Everything is so clean and fresh, there is plenty of natural light and the layout just seems to flow perfectly. You will understand when you see it for yourself.
Wattle Grove has so much to offer to young families as a suburb, and this large 4x2 Celebrations home is the perfect place to raise the kids. With multiple separate living areas inside and gabled patio, pool and grassed area outside, you are never going to run out of space.
There is a huge list of extras here which include:
• Formal front lounge area with new carpets
• Keyless enter front door
• Corinthian doors throughout
• Master bedroom has split system A/C, ceiling fan, sheers curtains and block out blinds and walk in robe
• Enclosed front yard has double gates which you can access with a vehicle and reticulated lawn for the kids and dog to play
• Ensuite is very neat and clean with its own toilet
• All 3 guest bedrooms have built in robes, fans and will easily fit double beds
• Bedrooms 3 and 4 have split system A/C units
• Good laundry with huge walk in linen
• Updated vanity in the main bathroom with bath for the kids
• Open plan family, dining and games area with split system A/C and plenty of windows looking over the outdoor area and pool.
• Kitchen is very central and has a handy servery window to the patio area
• Dishwasher installed and included
• Double lockup garage
• Extra paved boat or caravan parking with lockup gates next to the garage
• Timber decked patio area which has been partially enclosed with wood lining on the walls
• Built in wood smoker in the patio
• Built in stone benchtop servery with hot and cold water and bar fridge
• Saltwater below ground pool with dedicated pool fence
• Second grassed area and vegie gardens
• 548sqm block which has been completely utilised
Wattle Grove is highly sort after for its brilliant public primary school, new shopping complex and easy access to the airport and main arterial roads. Average days on market in this suburb are well under the Perth average.
Once reading all of that you can see why this property is worth what the owners are asking. I'm expecting this property won't last long so please contact Glen Newland or Alvin Ong for inspection details.
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Listing description written by Glen Newland, Professionals Stirling Clark — reproduced as published, not verified by Districts.