Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
WA › Gwelup › Lehmans Mews
$1,200,000
Last sold
27 Apr 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
757 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
$1,200,000
27 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,559/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-27.5%
Median sale
Suburb $1,655,000
+1.09 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 757 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 $913/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 757 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthNestled within one of the most coveted streets in Gwelup, this well-built 3 bedroom, 2 bathroom home represents an exceptional opportunity to secure a prime position in the sought-after "Settlers Green" estate. Surrounded by only five other homes, three of which have not changed hands since 1993, this property is now available for the first time in three decades.
Boasting the largest landholding in Lehmans Mews at 757m2 and elevated with sweeping views to Lake Gwelup, this residence has been lovingly cared for and enjoyed by the current family over the last 30 years.
Upon entering, you'll immediately notice the exceptional craftsmanship and attention to detail that is rarely seen in modern homes. The flexible floor plan currently features 3 bedrooms, 2 bathrooms, 2 living areas, and an open-plan kitchen, living, and dining space, with a scullery. For larger families, the front lounge could be easily converted into a fourth bedroom.
Perfect for entertaining, the backyard is an expansive oasis with an alfresco area that has hosted many memorable dinners, lunches, and celebrations. A rear shed and a bore reticulated lawn further enhance the outdoor experience.
An oversized double car garage with a rear roller door is incredibly convenient, making gardening a breeze and providing ample storage for a car, trailer, jet skis, or even a boat.
This home's location is unbeatable, with Lake Gwelup a few meters away, the newly redeveloped Karrinyup Shopping Centre only 6 minutes away, Trigg Beach just 9 minutes away, and a plethora of parks, cafes, and schools nearby. The convenience of the freeway is also just moments away.
Properties like this don't come around often, and with the potential of not being available for another 30 years, now is the time to act. Please contact us today if you could see your family thriving in this exceptional home.
QUICK FACTS
- Year built 1996
- Land Size 757m2
- Evaporative air-conditioning
- Gas fireplace
- Alarm
- Reticulation
- Bore
- Roller shutters
- Sky light
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 Paul Tonich, The Agency Perth — reproduced as published, not verified by Districts.
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