Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
WA › Koondoola › Gratwick Way
$600,000
Last sold
3 Feb 2025
4
Bedrooms
1
Bathrooms
0
Car spaces
700.927 m²
Land
138 m²
Building
Districts View
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
$600,000
3 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Koondoola (last 5 years) with land size have a median of $903/m² of land (n=99). Districts calculation from recorded sales — not a valuation.
Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Koondoola
-25.8%
Median sale
Suburb $809,000
+1.48 pp
Gross yield
Suburb 4.24%
Suburb median $809,000 from 31 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 701 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 $660/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 701 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
Koondoola at a glance
4,219
People
$809,000
Median sale
$660/wk
Median rent
4.24%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthAdam Naumovski presents…
49 Gratwick Way, Koondoola
***HOME OPENS THIS WEEK**
Saturday 18th January 10:00 - 10:30am
Sunday 19th January 10:00 - 10:30am
Nestled in the heart of Koondoola, 49 Gratwick Way offers a unique opportunity for families, investors, and savvy buyers alike. This well-maintained 1976 family home is brimming with potential, offering a comfortable and functional layout with four generous bedrooms, a beautifully renovated bathroom featuring floor-to-ceiling tiles and a floating bathtub, and two separate living areas perfect for relaxation and entertaining. With a separate dining space to gather and enjoy meals, this home provides a solid foundation for creating cherished memories or planning your next exciting project.
Positioned on a sprawling 700sqm block with R20/40 triplex potential, this property is more than just a home—it's a canvas for your vision. The elevated outdoor space provides commanding views over the suburb, creating an expansive feel and endless opportunities to design the ultimate entertaining area or landscape your dream backyard. Whether you're considering a renovation to transform this property into your forever family home or looking to rent it out while you finalize plans for subdivision or development, this block offers unmatched versatility.
Location is key, and this property delivers! Just 450m from Waddington Primary School, 550m to the nearest bus stop, and only 650m from the lush Butterworth Park, you'll enjoy the convenience of having parks, schools, and transport all within walking distance. For your shopping and entertainment needs, Alexander Heights Shopping Centre is just 3.5km away, while the bustling Morley Galleria, packed with shops, cafes, restaurants, and entertainment options, is a short 8.7km drive. Everything you need is right at your fingertips, making this an exceptional place to call home.
With its solid bones, unbeatable location, and endless potential, 49 Gratwick Way is the perfect opportunity to secure a piece of Koondoola's future. Whether you're dreaming of a family haven or exploring the possibilities of development, this property offers the space, lifestyle, and convenience to make your vision a reality. Don't let this opportunity slip away—your future starts here!
Some fantastic features include:
• 4-bedroom, 1-bathroom family home with plenty of potential.
• Renovated bathroom featuring floor-to-ceiling tiles and a stylish floating bathtub.
• Two separate living areas plus a dedicated dining space for versatile family living.
• Spacious 700sqm block with R20/40 triplex development potential.
• Elevated outdoor space with commanding suburban views.
• Opportunity to renovate, develop, or rent out while planning your subdivision.
• Well-maintained 1976-built home with solid bones for future upgrades.
• 450m to Waddington Primary School—perfect for families with young children.
• 550m to the nearest bus stop for easy public transport access.
• Just 650m to Butterworth Park, ideal for nature lovers, dog walking, or exercise.
• 3.5km to Alexander Heights Shopping Centre for convenient shopping.
• Only 8.7km to the vibrant Morley Galleria for dining, entertainment, and nightlife.
• Close to schools, shops, parks, and other essential amenities.
• Ideal for families, investors, or buyers seeking a property with development potential.
• Convenient and central location in the heart of Koondoola.
DON'T MISS OUT CALL ADAM NAUMOVSKI ON 0424 364 326
ADAM NAUMOVSKI | FOR ALL YOUR REAL ESTATE NEEDS
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Adam Naumovski, The Agency Perth — reproduced as published, not verified by Districts.