Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
WA › Maddington › Stead St
$370,000
Last sold
22 Mar 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
771 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
$370,000
22 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Maddington (last 5 years) with land size have a median of $1,042/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Maddington
-52.7%
Median sale
Suburb $782,500
+4.88 pp
Gross yield
Suburb 4.37%
Suburb median $782,500 from 68 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 771 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 $658/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 771 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
Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroAren't you sick of playing it with best valued homes?? You find them, then you lose them. Well this is the game that ends now, on 42 Stead Street.
This solid 3 bedroom 1 bathroom brick-and-tile home is nestled on a very generous block and possesses loads of potential to value add - if you are that way inclined.
A spacious and carpeted lounge room has a gas bayonet and built-in storage, flowing into a tiled open-plan dining and kitchen area - ceiling fan, gas-upright cooker, wooden pantry/cupboard storage and all.
Ample power points and a ceiling fan grace the larger master bedroom, whilst the practical bathroom is brilliant in its simplicity and comprises of a charming Roman bath/shower.
The backyard is huge and is somewhat of a "blank canvas", playing host to two separate garden sheds, a rear workshop in the corner and plenty of space for a future swimming pool, in place of lush green lawns. It is all overlooked by an enormous covered patio for outdoor entertaining.
Add your own personal modern touches and prosper in this wonderful location that is close to lush local parks, bus stops, East Maddington Primary School and Maddington Village Shopping Centre, with Albany Highway, other major arteries and even Yule Brook College also very much within arm's reach. This one is destined to hold you in good stead, for many years to come!
Other features include, but are not limited to:
· Carpeted bedrooms
· Separate laundry off the kitchen - with storage and outdoor access
· Feature ceiling cornices
· Skirting boards
· Security doors and screens
· Single lock-up carport with a roller door and drive-through access to the rear
· Block size - 771sqm (approx.)
Distances to (approx.):
· East Maddington Primary School - 950m
· Maddington Village Shopping Centre - 1.1km
· Harmony Fields - 1.5km
· Maddington Train Station - 2.6km
· Maddington Central Shopping Centre - 3.1km
· Perth Airport (T1 & T2) - 16.2km
· Perth CBD - 19.3km
Water Rates - $1155.93 per annum (approx).
Council Rates - $1,550.00 per annum (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 Raveen Liyanage, Porter Matthews Metro — reproduced as published, not verified by Districts.