Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
WA › Wellard › Silversmith St
$760,000
Last sold
12 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
2,623 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
$760,000
12 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Wellard (last 5 years) with land size have a median of $1,913/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Vs Wellard
-10.6%
Median sale
Suburb $850,000
+0.51 pp
Gross yield
Suburb 4.33%
Suburb median $850,000 from 160 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 2,623 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 $708/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 2,623 m² — that is not official geometry.
Nearby development pipeline
Area
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Rockingham WASituated on a large 2,623sqm corner block within the Homestead Ridge estate, this meticulously updated family home is ready for a new chapter. The home has only known one owner and they have already done the hard yards for you, including a fresh coat of paint, to bring you a home that's ready to move straight into and enjoy.
Updated throughout, this one-of-a-kind home still retains warm and welcoming character including exposed brick-work and slate tiling yet offers desirable modern touches including a stunning and well thought out renovated country style kitchen, downlighting and renovated bathrooms.
There's something for the whole family here, from the large games room and bar indoors to the huge entertainer's courtyard, private pool area and powered workshop, not to mention the spacious child/pet friendly grassed areas.
Features Include:-
• Dual access driveway, fully fenced/gated property
• Wrap-around veranda
• Renovated kitchen features composite stone benchtops, 900mm free-standing oven, ample storage with soft close drawers and hidden coffee/storage nooks
• Kitchen/meals area effortlessly flows to huge gabled courtyard with pond
• Games room including bar opens features stained glass by-fold doors, opens to solar heated pool
• Sunken lounge with stunning 5-inch jarrah floorboards, split system air-conditioning
• Spacious master suite includes fitted-out walk-in-robe and renovated ensuite
• Generous minor bedrooms, two with built-in-robes and a/c
• Large renovated main bathroom features shower over cast iron bathtub
• Ducted evaporative air-conditioning plus reverse cycle split systems and ceiling fans
• 8kW solar system with 44 panels, 3 phase power
• Side access to 6x6m powered workshop plus lean-to and aviary
• 32 course ceilings
• Plantation shutters
• Solar heated pool
• Garden bore
• Dedicated fire pit
To arrange a private inspection call Kyna on 0400 791 046.
* The description provided is for general information purposes only. Professionals Rockingham believes that this information is correct but it does not warrant or guarantee the accuracy of the information. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Rockingham for any information that may be deemed incorrect.
Listing description written by Kyna Vandenbeld, Professionals Rockingham WA — reproduced as published, not verified by Districts.
Nearby 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.