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WA › Morley › Weld Square West

41 Weld Square West, Morley WA 6062

House

$700,000

Last sold

15 Aug 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

362 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $700,000 (15 Aug 2023).(Recorded sale)
  • FactLand 362 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Morley (last 5 years) with land size: median $1,330/m² of land (n=155). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$700,000

15 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,330/m² of land (n=155). Districts calculation from recorded sales — not a valuation.

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Vs Morley

-28.2%

Median sale

Suburb $975,000

+1.50 pp

Gross yield

Suburb 3.83%

Suburb median $975,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$700,00015 Aug 2023
  2. Listedprice unknowncompleted14 June 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 362 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $718/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 362 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Morley in one glance

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Keep researching

  • Why Morley? Read the area thesis →
  • What else is on the market in Morley →
  • Other records on Weld Square West →

Listing material

Listed by Ross Realty WA

Premium Parkside Comfort on the Corner!

Enjoying a cracking corner position that pleasantly overlooks the lush Weld Square Reserve across the road, this magnificent 3 bedroom 2 bathroom single-level home offers far more than first meets the eye when it comes to quality modern living.

The kids will never be late in the morning too, with Weld Square Primary School only footsteps away from your front door - and right next to the park, for good measure. Welcoming you inside is a spacious front lounge - or theatre - room that is carpeted for comfort, just like the bedrooms and can easily be converted into a home office or fourth/guest bedroom, if need be.

In fact, the obvious pick of the sleeping quarters is a massive master suite where there is plenty of room for both pampering and relaxation - and the headline act is a sumptuous fully-tiled ensuite bathroom with a shower, twin "his and hers" stone vanities and more.

Read the full description

Both spare bedrooms benefit from the luxury of mirrored built-in wardrobes of their own and are sublimely serviced by a classy - and fully-tiled - main family bathroom with a shower, separate bathtub and a stone vanity. The laundry is extremely well-appointed and comprises of its own stone bench top, as well as tiled splashbacks, over-head and under-bench cupboard space and external access for drying.

An impeccably-tiled open-plan family, dining and kitchen area is where most of your casual time will be spent and impressively boasts a feature recessed ceiling and fireplace, alongside sparkling stone bench tops, stylish tiled splashbacks, a full-height double-door storage pantry, double sinks, a stainless-steel range hood, a gas cooktop, an under-bench oven and an excellent stainless-steel dishwasher. At the rear and off the main living space, a private outdoor alfresco-entertaining area forms part of an intimate backyard setting that is brilliant in its tranquillity.

You will absolutely love this exemplary property's very close proximity to bus stops, Tonkin Highway and future train stations, with other excellent schools, local shopping villages, the Galleria Shopping Centre, community sporting facilities and major arterial roads - for seamless access to the city, Perth Airport and even our picturesque Swan Valley - nestled only minutes away in their own right.

Contact Nigel Ross today to find out more information about this very astute purchase. It's the definition of parkside perfection!

Features include, but are not limited to:

• Wide feature entry door

• Large front lounge/theatre room

• Open-plan family/dining/kitchen area

• Fully-tiled ensuite and main bathrooms

• Quality laundry and wet areas

• Stone bench tops throughout

• Outdoor alfresco entertaining

• Dishwasher

• Ducted air-conditioning

• Down lights

• Skirting boards

• Outdoor power points

• Colorbond fencing

• Low-maintenance gardens

• Double lock-up garage, with internal shopper's entry

Listing description written by Nigel Ross, Ross Realty WA — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.