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.
WA › Wellard › Mason Mews
$1,150,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
2,087 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
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.
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.
$54,266 on top of the price (4.7% extra)
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.
Pre-filled with Wellard's advertised median rent — not a rent for this listing.
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.
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 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.
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 $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.
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.
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
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 2,087 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
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.
Listing material
Listed by Urban Habitat Real EstateEnchanted 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.
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.