Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
WA › Morley › Mcgilvray Ave
$544,000
Last sold
8 Sept 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
745 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
$544,000
8 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Morley (last 5 years) with land size have a median of $1,332/m² of land (n=155). Districts calculation from recorded sales — not a valuation.
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Vs Morley
-44.2%
Median sale
Suburb $975,000
+3.03 pp
Gross yield
Suburb 3.83%
Suburb median $975,000 from 53 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 745 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 $718/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 745 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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.
Area
Morley at a glance
25,310
People
$975,000
Median sale
$718/wk
Median rent
3.83%
Suburb gross yield
Median sale from 53 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ross Realty WACurrently playing host to a renovator's delight of a solid 3 bedroom 1 bathroom home that doubles as the perfect investment property, this spacious 745sqm (approx.) block is zoned R25 and boasts exciting retain-and-build potential, subject to Western Australian Planning Commission (WAPC) approval.
Preserving the existing dwelling and subdividing the rear block will ensure approximately 305sqm of dead-flat land for somebody to do as they please with, whilst the possibility of knocking down what remains and building two brand-new houses should not be underestimated, either. If you are staying put before any plans are drawn up, the huge carpeted lounge room is where you will spend most of your time and is separate from the open-plan kitchen and dining area.
At the rear, a huge covered patio encourages outdoor entertaining across all seasons, with the massive backyard leaving plenty of space for a future swimming pool, workshop and more, if you do eventually decide on a major modern revamp of epic proportions. It's time to get those creative juices flowing.
This prime location is only walking distance away from Noranda Shopping Centre, the Noranda Sporting Complex, Morley Bowling Club, other lush local parks with community recreational facilities and a host of bus stops, with Camboon Primary School, Morley Senior High School, medical amenities, major arterial roads and even the Galleria Shopping Centre in neighbouring Morley all nearby and within arm's reach.
Contact Nigel Ross today for more information. What an opportunity!
Features Include:-
• Large 745sqm (approx.) block size
• R25 zoning
• Subdivision/development potential
• Retain the existing house while building at the rear (subject to WAPC approval)
• Build two brand-new homes (subject to WAPC approval)
• Split-system air-conditioning and a wall heater in the lounge room
• Lounge-room access to the back patio for entertaining
• Separate kitchen and dining area with a ceiling fan, double sinks and heaps of storage
• Separate heater in the dining room - plus a ceiling fan
• Electric cooking appliances
• Carpeted bedrooms
• Built-in wardrobes and a ceiling fan in the master
• Practical bathroom with a separate shower and bathtub
• Separate laundry with external access
• Feature ceiling cornices and skirting boards
• Security doors and screens
• Bore reticulation
• Large backyard garden shed
• Single carport, with drive-through access for a second vehicle to park under cover
• Solid brick-and-tile construction
• Built in 1957 (approx.)
Listing description written by Nigel Ross, Ross Realty WA — reproduced as published, not verified by Districts.