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WA › Wellard › Mason Mews

5 Mason Mews, Wellard WA 6170

For saleHouse for Sale

$1,150,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

2,087 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 2 June 2026)
  • FactLand 2,087 m²; no building size recorded.(Property record)
  • CalculationAsk is 35% above the Wellard median recorded sale ($850,000, n=160, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wellard's advertised median rent ($708/wk), implied gross yield would be 3.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,150,000

Asking · $551/m² of land

No recorded sale for this property.

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Vs Wellard

+35.3%

Median sale

Suburb $850,000

-1.13 pp

Gross yield

Suburb 4.33%

Suburb median $850,000 from 160 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Western Australia)
$50,341
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,204,266

$54,266 on top of the price (4.7% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Wellard's advertised median rent — not a rent for this listing.

Net yield
1.70%
Annual cashflow (pre-tax)
$-40,234
Interest cover (DSCR)
0.33
Annual rent
$36,816
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
3.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,150,000available2 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,087 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $708/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,087 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wellard in one glance

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Keep researching

  • Why Wellard? Read the area thesis →
  • What else is on the market in Wellard →
  • Other records on Mason Mews →

Listing material

Listed by Urban Habitat Real Estate

Under Offer by Jade Shani

Enchanted Gardens & Views for Miles

Tucked away within one of Homestead Ridge’s most enchanting settings, this beautifully maintained and much loved family home of over 30 years offers a lifestyle that feels worlds away from the everyday. Positioned on an expansive 2,087sqm parcel with breathtaking 360-degree views of the lush valley below, this is a property that captures the imagination from the moment you arrive.

There is something truly magical about this home.

Read the full description

Winding gardens, peaceful sitting areas and a whimsical fairy garden create a setting rich in nostalgia and charm — evoking the romance of a simpler time while still delivering the comfort and practicality modern families desire. Lovingly cared for and immaculately presented, every inch of the property reflects pride of ownership and thoughtful maintenance.

Set in an elevated position, the home enjoys beautiful natural outlooks from every angle, while the front section of the block offers a cleared elevated space ideal for those dreaming of adding a large shed, workshop or additional parking in the future.

Inside, the home is warm, welcoming and exceptionally functional. Offering four bedrooms, two bathrooms, multiple living zones and a versatile study or breakfast nook, the layout has been designed to comfortably accommodate growing families while still feeling intimate and inviting.

At the heart of the home, the kitchen features gas cooking and overlooks the tranquil outdoor spaces, making everyday living both practical and picturesque.

Large windows throughout frame the stunning garden vistas, bringing the outdoors in and creating a constant connection to the surrounding greenery. Roller shutters to most of the home provide added privacy, comfort and security.

Adding even more lifestyle appeal, the property enjoys direct gated access to the neighbouring park — extending your sense of space and creating the perfect environment for children, pets and peaceful walks.

Summary of Features to Love Include:

• 2,087sqm lifestyle block in tightly held Homestead Ridge

• Elevated position with beautiful surrounding views

• Four bedrooms, two bathrooms

• Multiple living areas plus study/breakfast nook

• Immaculately maintained throughout

• Opportunity to build up to make the most of the views, and increase your overall living space

• Magical fairy garden and extensive established gardens

• Direct gated park access

• Roller shutters to most windows

• Evaporative air-conditioning

• Bore reticulated gardens

• Alarm system with pet sensor

• Gas cooking

• Rear sitting veranda

• Mains connected hot water system

• Cleared elevated section ideal for future shed/workshop

New to the area?

Homestead Ridge remains one of Wellard’s most tightly held lifestyle estates, loved for its rare combination of space, privacy and natural beauty — all within minutes of schools, shops, Wellard Train Station and freeway access. Offering a peaceful semi-rural atmosphere with the convenience of modern amenities close by, it’s easy to see why homes in this special pocket are so rarely offered to market.

This is more than just a property — it’s a home filled with warmth, wonder and timeless charm.

📝 Financials:

• Annual Council Rates: $3,100 (approx)

• Annual Water Rates: $289.66 (approx)

• Occupancy: Owner Occupied

• Sellers preferred settlement time - 90 days from acceptance/finance approval

Urban Habitat has no reason to doubt the accuracy of the information listed above, which has been sourced from reliable means; however, we cannot guarantee its accuracy from third party sources. Prospective purchasers are advised to carry out their own due diligence.

Listing description written by Jade Shani, Urban Habitat Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.