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 › Canopy Circuit
$692,000
Last sold
5 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
260 m²
Land
122 m²
Building
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
$692,000
5 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Forrestfield (last 5 years) with land size have a median of $1,093/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
-21.8%
Median sale
Suburb $885,000
+1.14 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 260 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 260 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 MetroTenanted until 28th July 2024 - with tenants who are willing to stay!
This stunning 4 bedroom, 2 bathroom modern home encapsulates everything that we've come to expect from the Hales Estate. Stylish, contemporary living nestled amongst a community of beautiful modern homes and still only metres away from one of the best playgrounds around. Opting to live here is a lifestyle choice you won't regret.
The central kitchen in the heart of this home is STUNNING. Here you can truly appreciate 30 course high ceilings and a cooking space that overlooks your entertaining zones. Featuring thick stone benchtops, 900mm appliances (with gas hotplates), pendant lighting, breakfast bar, window splashback and a walk-in-pantry/scullery. This is luxury. Plus, out the back underneath your alfresco there's a bonus kitchenette with built-in BBQ. You won't be running out of entertaining options here all year 'round.
The master bedroom is spacious and has a walk-in robe, open plan ensuite and a bonus external door to access your own secret little hidden side garden area. A separate modern bathroom comfortably services the other bedrooms too.
This home is truly perfect for families, but also functions brilliantly as a share house too. Four bedrooms are spaced apart from the front to the back, allowing for more privacy between rooms while great living spaces allow independent living to come seamlessly together.
Plus, the double garage was built to allow for a 4WD compatible high clearance roller door.
Featuring:
• 2018 built by Smart Homes for Living
• 4 bedroom, 2 bathroom
• The Hales Location
• Luxury kitchen
• 30 course high ceilings to central living
• Outdoors kitchenette and alfresco combo
• High clearance double garage
• 260sqm block
• 122sqm internal living
• Reverse cycle ducted air-conditioning with zones
It's time to call The Mitchell Brothers
Nick Mitchell - 0415 833 131
Alex Mitchell - 0404 122 943
Water rates: $1,313.74 p/a (approx.) - Total for 2022 - 2023 financial year
Council rates: $2227.88 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.