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WA › Bull Creek › Wheatley Dr

47 Wheatley Dr, Bull Creek WA 6149

For saleHouse for Sale

$1,349,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

682 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,349,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,349,000(Listing record · 25 June 2026)
  • CalculationLand 682 m² against a 166 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 16% below the Bull Creek median recorded sale ($1,615,000, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bull Creek's advertised median rent ($738/wk), implied gross yield would be 2.84% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

The ask against the evidence

Asking

$1,349,000

Asking · $1,978/m² of land

No recorded sale for this property.

Bull Creek at a glance

8,890

People

$1,615,000

Median sale

$738/wk

Median rent

2.38%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Bull Creek report →

Vs Bull Creek

-16.5%

Median sale

Suburb $1,615,000

+0.46 pp

Gross yield

Suburb 2.38%

Suburb median $1,615,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,349,000
Stamp Duty (Western Australia)
$60,589
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,413,514

$64,514 on top of the price (4.8% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bull Creek's advertised median rent — not a rent for this listing.

Net yield
1.34%
Annual cashflow (pre-tax)
$-52,007
Interest cover (DSCR)
0.26
Annual rent
$38,376
Operating expenses
$20,235
Loan amount
$1,079,200
Annual interest
$70,148
Gross yield
2.84%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,349,000available25 June 2026

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 682 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 $738/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

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 682 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

Bull Creek in one glance

Bull Creek at a glance

8,890

People

$1,615,000

Median sale

$738/wk

Median rent

2.38%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Bull Creek report →

Keep researching

  • Why Bull Creek? Read the area thesis →
  • What else is on the market in Bull Creek →
  • Other records on Wheatley Dr →

Listing material

Listed by Turner Estate Agents

The Complete Bull Creek Opportunity

School-zone buying, immediate rental income and a blue-chip Bull Creek address.

Set on a generous 682sqm block, this spacious four-bedroom, two-bathroom home presents a rare opportunity to secure a quality property in one of Perth's most tightly held family suburbs.

Currently leased at $800 per week on a fixed-term tenancy, the property offers instant income for investors while providing future flexibility for buyers looking to secure their place in this premium location before making their move.

Read the full description

Designed for growing families, the home delivers multiple living zones, generous accommodation and a practical layout that provides space for everyone to enjoy. At the heart of the home, the well-appointed kitchen overlooks the living areas and offers excellent bench space, ample storage and quality appliances, making everyday living and entertaining effortless.

The expansive lounge room is a true highlight, centred around a charming fireplace that creates a warm and inviting atmosphere throughout the cooler months. Large windows draw in natural light, enhancing the sense of space and creating a welcoming environment for family gatherings and relaxed evenings at home.

Accommodation includes four well-sized bedrooms, all with built-in storage, while the master suite enjoys the privacy of its own ensuite and generous robe space. The remaining bedrooms are serviced by a central family bathroom complete with bath, shower and vanity.

Stepping outside, you'll discover a substantial backyard offering plenty of room for children and pets to play, along with a paved entertaining area perfect for weekend barbecues, outdoor dining and family celebrations. Established gardens, a garden shed and the large landholding provide flexibility for buyers seeking space, functionality and lifestyle.

Comfort is assured year-round with ducted reverse-cycle air conditioning, while the double carport and additional outdoor space add further practicality to this appealing family home.

Whether you're an investor seeking a well-located asset with immediate rental income, or a future owner-occupier looking to secure a home within one of Perth's most tightly held family suburbs, this is an opportunity that offers both lifestyle and long-term upside.

Location Highlights:

• Within the highly sought-after Oberthur Primary School catchment,

• Conveniently positioned within the intake area for the respected Willetton Senior High School, one of Western Australia's top-performing public high schools

• Minutes from Bull Creek Central, offering supermarkets, cafés, medical facilities, dining and everyday conveniences

• Easy access to Bull Creek Station, providing direct train connections to Perth CBD, Elizabeth Quay, Murdoch and beyond

• Close to Murdoch University, making the area attractive to academics, students and professionals

• Just minutes from Fiona Stanley Hospital and St John of God Murdoch Hospital, two of Perth's major healthcare and employment hubs

• Excellent access to South Street, Leach Highway, Kwinana Freeway and Roe Highway, making commuting throughout Perth simple and efficient

Disclaimer: In preparing this information, Turner Estate Agents and Agents'Agency and it's members has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.

Listing description written by Kim Turner, Turner Estate Agents — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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