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WA › Padbury › Grey Rd

48 Grey Rd, Padbury WA 6025

House

3

Bedrooms

1

Bathrooms

1

Car spaces

683 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 683 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Padbury (last 5 years) with land size: median $1,700/m² of land (n=121). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Padbury (last 5 years) with land size have a median of $1,700/m² of land (n=121). Districts calculation from recorded sales — not a valuation.

Padbury at a glance

9,724

People

$1,240,000

Median sale

$722/wk

Median rent

3.03%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Padbury report →

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. Soldprice unknown5 Oct 2021
  2. Listedprice unknowncompleted1 Oct 2021

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 683 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 $722/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 683 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

Padbury in one glance

Padbury at a glance

9,724

People

$1,240,000

Median sale

$722/wk

Median rent

3.03%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Padbury report →

Keep researching

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

Listing material

Listed by Davey Real Estate Padbury

UNDER OFFER - with Tyson Barry

Secure your future in the exclusive south/ west pocket of Padbury, bordered by Hillarys and Duncraig, just 2km to the beach. Solid as a rock with scope to add value. 48 Grey Road has the perfect ingredients to take you from first home buyer to forever family in a location you won't want to leave!

THE HOME

Restored by a registered builder everywhere that counts, upgrades promise easy living for generations to come. A little peace of mind that goes a long way. You'll be forgiven for mistaking this 70's Plunkett build for a much younger residence! It strikes the perfect balance between renovated and room to add your personal touch.

Read the full description

Soak up the sun-drenched, relaxed vibes. On entry, you sense that this is the place to set down some roots. A haven from the chaos of everyday life where you will grow. Your home will adapt to your changing needs over time.

The functional layout means separation between living and sleeping areas, plus a designated study nook or perhaps a play zone to keep the kids close.

Outside, picture feast tables, festoon lights, lanterns, and celebrations. Spend balmy summer eve's watching the kids climbing trees and kicking the footy, running wild. Plenty of space to grow a food forest or drop a pool in the yard for summer. Christmas, birthdays, and parties are about to level up!

Make money while you sleep! Take advantage of Perth's exploding rental market, hold, or build a granny flat for the best of both worlds - cash in on everything this incredible suburb has to offer. Padbury has a vacancy rate of 0.44% and a median rental yield of 4.29% - a no brainer for investors or owner-occupiers alike!

The right home now, that can adapt to the long game - set yourself up to win. Call Tyson on 0412 350 096 to secure 48 Grey Road today.

SNAPSHOT

- 683 SQM of level land

- Restored roof, new gutters and downpipes, new downlights, grouting, partially renovated kitchen and bathroom, and so much more.

- 3 beds

- 1 bathroom

- Separate dining and lounge

- Enormous backyard with grass and mature gardens

- Single car garage with access to yard

- Garden shed

- Split system air conditioner

- In-ceiling insulation

- Space to extend or get creative

- Extremely well maintained, neat as a pin

- Vibrant coastal community, with so much to offer - read below.

LIFESTYLE

A vibrant, connected community that keeps getting better. We have Padbury pegged as the place to be, and with an annual growth rate of 12%, Perth buyers agree!

Families are spoilt for choice with highly regarded South Padbury PS 400m from your door and Duncraig SHS an easy 15 min stroll. Walk 8 minutes to your morning coffee from the team at Alex Junior, and shop the awesome merchandise "Straight Outta Padbury" worn by all the true locals, of course. Grab groceries from IGA and prep your summer wardrobe at R'nay clothing before you get some salt on your skin at Hillarys Marina, about 2km away.

Within a 2km radius, you have multiple parks, schools, shops, restaurants, native reserves,

coffee, gyms, childcare, local community groups and so much more. You have everything at your fingertips!

The incredible value of this thriving coastal suburb is still being realised, so secure your place before you miss out!

Disclaimer - Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters

Listing description written by Tyson Barry, Davey Real Estate Padbury — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.