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 › Mallee Way
$625,000
Last sold
27 Feb 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
700 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
$625,000
27 Feb 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
-29.4%
Median sale
Suburb $885,000
+1.70 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 700 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 700 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 MetroIt's 2024 and it's time to start the new year off with something truly special! A property for the first home buyers, the families and for the investors alike. This gorgeous family home is located on a highly sought after street in the very heart of Forrestfield. Moments away from everything that this fantastic community has on offer, established parks, schools, awesome local shops and great public transport options are all merely walking distance away. If you've been on the hunt for a property - you've just found the right one.
42 Mallee Way is a comfortable, happy home that has been extensively renovated from the outside in and from top to bottom. There are light and bright living spaces throughout with plenty of windows and LED downlights. There's easy care floating flooring, a neutral colour scheme and heaps of modern touches and convenience throughout so that even though this home was built in 1978 it still feels like new today!
The renovated kitchen in the central heart of the home overlooks both your dining and expansive outdoor entertaining areas. There is updated cooking appliances here, subway tiling, a recessed rangehood, dishwasher, plenty of storage space and feature pendant lighting over your built-in breakfast bar.
The master suite at the front of the property has a great walk-in robe and a fully tiled ensuite combination. All three supplementary bedrooms are comfortably proportioned too with their own independent built in wardrobe space, cosy carpeting and remote-controlled ceiling fans. You will certainly be comfortable here all year round. The main bathroom is fully tiled and comes complete with a spa bath!
On the outside this home has been entirely rendered. There is a great patio entertaining area adjacent fresh decking and direct access through to the rear thanks to the secure carport. Surrounded by elevated limestone garden beds which make the perfect canvas for your next vegie garden farmers market project. Plus, with all this space on a 700 sqm block, you seriously won't find a better place to host a housewarming.
Features in brief:
- 1978 built 4 bedroom 2 bathroom family home
- Renovated and loved, kitchen, bathrooms, flooring and more.
- Fully rendered exterior
- Approximately 152 sqm of internal living
- Split system air-conditioning to beat the summer heat
- Situated on a big 700 sqm block
- Awesome outdoor entertaining options with decking.
- Secure single carport under the main roof
- Walking distance to parks, schools and shops.
- Located in the heart of Forrestfield.
Don't wait around for someone else to score this awesome option, you need to call The Mitchell Brothers today.
Alex Mitchell - 0404 122 943
Nick Mitchell - 0415 833 131
Water rates: $1,249.54 p/a (approx.) - For period 01/07/2022 to 30/06/2023
Council rates: $2147.22 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.