Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
WA › Nickol › Ridge Elbow
$895,000
Last sold
30 June 2025
4
Bedrooms
3
Bathrooms
4
Car spaces
680 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
$895,000
30 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Nickol (last 5 years) with land size have a median of $1,139/m² of land (n=124). Districts calculation from recorded sales — not a valuation.
Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Nickol
+19.7%
Median sale
Suburb $747,500
-1.15 pp
Gross yield
Suburb 6.96%
Suburb median $747,500 from 68 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 680 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 $1,000/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 680 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
Nickol at a glance
5,537
People
$747,500
Median sale
$1,000/wk
Median rent
6.96%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by For Sale By OwnerThe Phone Code for this property is: 51739. Please quote this number when phoning or texting.
This stunning executive-style brick home offers both luxurious living and a unique investment opportunity. Currently under a lease contract until 2026, this property provides a reliable and healthy rental income at $1550.00 per week, with the flexibility for the new homeowner to break the lease if desired.
The home itself is situated on a desirable corner block, offering side access - a great advantage. The gardens are beautifully established, creating a tranquil oasis feel, while the interior is modern, clean and polished, offering both comfort and style.
This meticulously designed residence offers a blend of sophistication and comfort, ideal for families and professionals alike.
Bedrooms - 4
Bathrooms - 2
Car spaces - 2 * this property has side access, creating additional room for a boat, trailer or caravan.
Land size - 680sqm
Key Features:
Spacious Living Areas: Open plan living and dining areas filled with natural light, perfect for entertaining.
Gourmet Kitchen: Featuring quality appliances, ample storage, and sleek finishes.
Master Suite: A tranquil retreat with a walk-in wardrobe and a luxurious en-suite bathroom.
Generous Bedrooms: Well-appointed bedrooms with built-in wardrobes.
Outdoor Oasis: Beautifully landscaped garden and alfresco area, ideal for outdoor dining and relaxation.
Double Garage: Side access parking with additional storage space, perfect for a boat or caravan.
Corner Block with side access: Plenty of space for your boat or caravan.
Investment Highlights:
Reliable and Healthy Rental Income: Home is currently under lease until 2026, with 2 year extension preferred.
Lease Flexibility: Option available for the new homeowner to break the lease if they wish to move in sooner.
Situated in a quiet and safe community with easy access to local amenities, schools, parks, and recreational facilities, this property is perfect for both investors and future homeowners.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (WA), For Sale By Owner — reproduced as published, not verified by Districts.