Warwick at a glance
4,315
People
$1,097,500
Median sale
$752/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
WA › Warwick › Millport Dr
$715,000
Last sold
18 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
706 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
$715,000
18 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Warwick (last 5 years) with land size have a median of $1,197/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Warwick at a glance
4,315
People
$1,097,500
Median sale
$752/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Warwick
-34.9%
Median sale
Suburb $1,097,500
+1.91 pp
Gross yield
Suburb 3.56%
Suburb median $1,097,500 from 20 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 706 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 $752/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 706 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
Warwick at a glance
4,315
People
$1,097,500
Median sale
$752/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstatePerfectly positioned just footsteps away from the lovely Hawker Park and ideal for either investors or a young family willing to bide their time until the current tenants eventually vacate next year, this terrific 4 bedroom 2 bathroom home boasts a rendered facade and is headlined by a shimmering below-ground swimming pool at the rear, finished off by a safety fence that makes things very easy for parents to monitor.
Beyond neatly-tended green front lawns lies a sunken and carpeted front lounge that sits below a carpeted games room – or formal dining room or study nook. You decide how you want to live in this part of the house.
The central dining area is tiled, as is the functional kitchen that precedes it – breakfast nook, charming brickwork, storage pantry, skylight, Electrolux hotplate, separate oven, Omega stainless-steel dishwasher and all. The carpeted living/family room off here leaves space for a bar and is also graced by character brick feature walls.
Separate from the minor sleeping quarters is a huge carpeted master retreat with two lots of built-in double wardrobes and a private ensuite bathroom, comprising of a shower, vanity, toilet and heat lamps. Overlooking the action within the backyard is a delightful patio-entertaining area, complemented by a built-in outdoor Gasmate gas-bottle barbecue. Summer really is just around the corner.
WHAT'S INSIDE:
• 4 bedrooms, 2 bathrooms
• Formal lounge and games/dining (or study) rooms
• Casual dining area with a gas bayonet and patio access
• Patio access from the family/living room, also
• Electrolux Induction cooktop in the kitchen
• Large master retreat
• Carpeted 2nd/3rd/4th bedrooms with built-in robes
• Separate bath, shower and heat lamps to the main family bathroom
• Separate laundry with outdoor access
• Separate 2nd toilet
• Double linen press, off the entry
WHAT'S OUTSIDE:
• Swimming pool with fencing
• Outdoor patio-entertaining area at the rear
• Outdoor BBQ
• Double carport
• Front and backyard lawns
• Rendered facade
• Rear garden shed
• Ample driveway parking space
SPECIAL FEATURES:
• Tenanted at $620 per week, until 29/07/2022
• Ducted-evaporative air-conditioning
• Security-alarm system
• Profile doors throughout
• Security doors
• Gas hot-water system
• Reticulation
• Side-access gate
• Built in 1983 (approx.)
• Large 706sqm (approx.) block
The young ones will love walking to Hawker Park Primary School around the corner in the mornings (and back home in the afternoon), with the residence also in very close proximity to the freeway, Warwick Train Station, Greenwood Village, The Greenwood Hotel, Warwick Grove Shopping Centre and Warwick Senior High School. Easy access to community sporting facilities, bus stops and other sprawling local parklands should not be underestimated, either. This one is in quite the spot!
Please contact RODNEY VINES on 0417 917 640 for further details and to register your interest today!
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 Rodney Vines, Peard Real Estate — reproduced as published, not verified by Districts.