Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
WA › Wembley Downs › Sulman Rd
$1,580,000
Last sold
31 May 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
588 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
$1,580,000
31 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Wembley Downs (last 5 years) with land size have a median of $2,832/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Wembley Downs
-33.6%
Median sale
Suburb $2,380,000
+0.95 pp
Gross yield
Suburb 1.89%
Suburb median $2,380,000 from 9 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 588 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 $863/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 588 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
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts EmpireA stunning, renovated 3 bedroom 2 bathroom property with very spacious rooms that have been finished to an impeccable standard, offering so much space for families of all ages and size. On a large 588sqm of prime real estate in the heart of this stunning suburb, with schools, shops, cafes, parks, and the many lifestyle opportunities that Wembley Downs offers all at your doorstep.
Entering through a private security gate, the old-growth trees and gardens give the home a very private and tranquil setting. Moving up the stairs, you will pass the striking water feature with beautiful, landscaped gardens, the perfect backdrop to the front entry, and also providing additional outdoor entertaining space.
Stepping inside, the spacious entry provides great separation from the living and bedroom zones. Off the right is the entry to the open-plan living, with a study nook at the end of the short hallway. A truly gorgeous space that is full of natural light, with a tree-top outlook and entry to a large balcony. The kitchen is the hub of the home, with a huge island bench - perfect for entertaining. All the modern features you would expect, with loads of storage, stone bench tops, stainless steel appliances, gas cooktop, electric oven, and dishwasher, plus loads of storage. To the other side of the study nook is the theatre room, which could easily be a home office or fourth bedroom if desired.
The master bedroom has a walk-in robe and a fully renovated en-suite with a double vanity, feature mirrors, shower, and WC, along with floor-to-ceiling tiling. Bedrooms 2 & 3 are both double rooms with built-in robes. The bathroom has been equally renovated and has a bath and separate shower, along with a completely separate WC. The laundry follows the same renovated theme as the bathrooms. Off the laundry is a patio that has been enclosed to make an ideal playroom or indoor/outdoor entertaining space.
Outside, the home has several areas to enjoy in a variety of settings; from the balcony that takes in a tree-top outlook, to various play areas with grass and synthetic lawn, along with the front deck area with a water feature as the ideal backdrop. There is a huge undercroft double garage that has a very large workshop and an additional carport, plus loads of extra parking.
There is just so much to love about this home with an inspection the only way to explore all that it has to offer. For further information or to arrange a private inspection please contact Matt McWaters on 0401 792 222 or email teammcwaters@harcourtsempire.com.au
Listing description written by Matt McWaters, Harcourts Empire — reproduced as published, not verified by Districts.