Somerville at a glance
4,288
People
$750,000
Median sale
$629/wk
Median rent
4.36%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
WA › Somerville › Speculation Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
991 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somerville (last 5 years) with land size have a median of $846/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Somerville at a glance
4,288
People
$750,000
Median sale
$629/wk
Median rent
4.36%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
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 991 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 $629/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 991 m² — that is not official geometry.
Nearby development pipeline
Area
Somerville at a glance
4,288
People
$750,000
Median sale
$629/wk
Median rent
4.36%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate KalgoorlieStep into your dream lifestyle with this beautiful modern home boasting a scenic view of parkland, offering the perfect blend of tranquility and comfort.
This 4-bedroom (Double Size), 2-bathroom home features a study that can easily transform into a 5th bedroom. Indulge in luxury with an ensuite to the master bedroom, complete with a spacious walk-in robe for added convenience and elegance.
You’ll love the open-plan layout of the kitchen, dining and living areas with a double-sided gas heater creating a cozy ambience elevating the space and creating a relaxing atmosphere to unwind in comfort.
The kitchen showcases an inviting island bench top with gas cooking, and ample storage, making meal prep a delight.
The laundry is conveniently located off the kitchen with a separate toilet, which adds to the overall practicality of this home.
Entertain guests in the alfresco area, complete with alfresco blinds, offering views of beautifully manicured reticulated gardens, an artificial turf lawn, and convenient side access to a generous 6x6 powered shed, enhancing the charm of the outdoors.
Don’t overlook this exquisite home nestled in a prime location near the Racecourse!
Features
4 Bedrooms (Double Size) – Walk in Robe to Master and Built in Robes to Other Rooms
2 Bathrooms – Ensuite to Master with heat lamps
Study/5th Bedroom
2 Living Rooms
Open Plan Kitchen, Dining and Living – Double Sided Gas Heater to Living
Kitchen – Gas Cooking, Ample Storage, Island Bench Top
Laundry – Ample Storage Located off Kitchen
Bamboo Flooring
Alfresco – Large Paved Area with Automatic Alfresco Blinds
Ducted Reverse Cycle Airconditioning
Reticulated Garden Beds
Astro Turf Lawn
2 Car Garage
Side Access
6x6 Powered Shed
Built 2013
991m² Block
Rates: $3,317.84
Water: $280.00 Approx.
Contact Norm Sharp on 0418 935 980 for a Private Inspection.
Listing description written by Norm Sharp, First National Real Estate Kalgoorlie — 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.