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WA › Warwick › Drakeswood Rd

45 Drakeswood Rd, Warwick WA 6024

House

$721,000

Last sold

31 May 2023

4

Bedrooms

1

Bathrooms

3

Car spaces

729 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 $721,000 (31 May 2023).(Recorded sale)
  • FactLand 729 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Warwick (last 5 years) with land size: median $1,197/m² of land (n=61). 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

$721,000

31 May 2023 · derived via latest_sale

Local land rate: recorded House sales in Warwick (last 5 years) with land size have a median of $1,197/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Warwick at a glance

4,315

People

$1,110,000

Median sale

$752/wk

Median rent

3.52%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Vs Warwick

-35.0%

Median sale

Suburb $1,110,000

+1.90 pp

Gross yield

Suburb 3.52%

Suburb median $1,110,000 from 19 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$721,00031 May 2023
  2. Listedprice unknowncompleted16 May 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 729 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 $752/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 729 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

Warwick in one glance

Warwick at a glance

4,315

People

$1,110,000

Median sale

$752/wk

Median rent

3.52%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Warwick report →

Keep researching

  • Why Warwick? Read the area thesis →
  • What else is on the market in Warwick →
  • Other records on Drakeswood Rd →

Listing material

Listed by Peard Real Estate

Under Offer Already!

This beautiful 4 bedroom, family home boasts multiple living areas and enjoys a stunning treetop northerly outlook from the alfresco area. It's pristine presentation, tasteful renovations and inviting charm is sure to impress the astute buyer.

Features include:

• Multiple living areas: A spacious front lounge room links onto the meals/dining room whilst a smaller living room - which is an ideal area as an 'open study' or 'children's play zone' flows onto the large main family room. The timber decked alfresco area easily accommodates a large outdoor table & chairs as well as a lounge sitting area.

Read the full description

• The centrally positioned kitchen is well equipped with loads of cupboards, ample bench-space, multiple banks of drawers, two appliance cupboards, walk-in pantry, wall oven, gas cooktop, stainless steel rangehood, glass splashback, microwave recess and the convenience of a servery window.

• The master bedroom is sizable and includes a wall of built in robes. It's positioned to the front of the home…..and there is room to add on an ensuite! Two of the three minor bedrooms are nearby, along with the main bathroom and separate toilet. The 4th bedroom enjoys the outlook to the alfresco and backyard, it is positioned to the rear of the home and is close to the shopper's entry. It's the ideal 'guest' room, teenager's retreat or home office.

• This property has loads of built in storage: Spacious entry foyer includes a 3-door coat closet. A linen cupboard is in the hallway and the laundry has a wall of built in storage. The rear of the garage has a secure storage area with roller door access whilst the sizeable shed/workshop in the backyard is a bonus!

• Relax and entertain the crowd in the alfresco area all year round or just sit back and watch the kids and pets play in the large backyard and take in the tree top inland views.

• Modern décor, quality floorings and window treatments, high ceilings, along with ducted evaporative air conditioning and a spilt reverse cycle air conditioner, gas bayonet and multiple ceiling fans ensures all year comfort.

• Garage includes remote control sectional door and a roller door to the rear storage space along with a shopper's entry into the home. There is an additional parking space adjacent to the garage and a large, paved area off the driveway for the caravan or boat.

• Well established, low maintenance gardens are bore reticulated (with quality groundwater – no water staining) to ensure lush greenery all year.

• Approx 729sqm rectangular block situated on a quiet street and with the convenience of parklands, schools, shopping centre, cinema, restaurants, medical facilities and public transport being only minutes away.

With only the one owner, there are no hidden worries or issues. My sellers have loved their family home and meticulously cared for it over the last 50 years – and it shows! A walk-through viewing is a must to fully appreciate the impeccable standard this home boasts. It is now ready for the next family to love and cherish.

Ensure you register your interest for a viewing. Email Julie.vincent@peard.com.au or text/call 0403 809 445.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Julie Vincent, Peard Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Shed
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.