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 › Mollison Gardens
$1,320,000
Last sold
23 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
547 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
$1,320,000
23 Apr 2025 · 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
-20.2%
Median sale
Suburb $1,655,000
+0.73 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 547 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 547 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 Caporn Young Estate Agents FremantleA secluded cul-de-sac within the terrific “Settler's Green” estate is the fitting setting for this fantastic 4 bedroom 2 bathroom family home with an outstanding floor plan that everyone will absolutely love.
To the left of the entry, a huge formal lounge and connecting dining room are reserved for those special occasions. On the other side of a central kitchen sits a massive open-plan living and meals area, where most of your casual time will be spent.
The kitchen itself is nice and functional, playing host to a sleek white dishwasher, a 900mm-wide gas cooktop and electric oven, a stainless-steel range hood, a water-filter tap, double sinks, a microwave nook, a corner pantry and so much more. A generous master-bedroom suite at the front of the house headlines the sleeping quarters with its walk-in wardrobe, ceiling fan and intimate ensuite bathroom – vanity, walk-in shower, toilet and all.
The second and fourth bedrooms have built-in robes, whilst the third bedroom – like the master suite – comprises of a walk-in robe, for good measure. Brilliant in its simplicity is a practical main family bathroom, where a shower and separate bathtub help cater for everybody's personal needs.
Outdoors, a large north-facing patio encourages covered alfresco-style entertaining, alongside a splendid brick-paved sitting area. It can be seamlessly accessed from the casual-meals space.
Only footsteps separate your front door from a lovely park and playground by the nearby wetlands, with picturesque Lake Gwelup, bus stops, Centuria Gwelup Shopping Centre and Lake Gwelup Primary School all just walking distance away in their own right. Also in close proximity are the likes of the prestigious Lake Karrinyup Country Club, Carine Senior High School, the stunning Karrinyup Shopping Centre revamp, the upgraded Hamersley Public Golf Course, the freeway, Stirling Train Station and glorious beaches – including the new-look Scarborough Beach esplanade, food and coffee at Trigg Point and even Hillarys Boat Harbour, a little further north. Now, this is a location and lifestyle package you are destined to fall in love with.
Key Features and Local Amenities:
• Formal lounge/dining rooms
• Spacious kitchen – with a dishwasher
• Huge open-plan living (family) and meals area
• Carpeted bedrooms and living zones
• Robes in every bedroom
• Private master-ensuite bathroom
• Separate bath and shower in the main family bathroom
• Separate laundry with linen storage, a separate 2nd toilet and external access for drying
• Walk-in hallway linen cupboard
• Large north-facing alfresco and brick-paved area for outdoor entertaining
• Ducted-evaporative air-conditioning throughout
• Split-system air-conditioning in the main living zone
• Security roller shutters to the front west-facing windows
• Outdoor patio ceiling fan
• Low-maintenance reticulated gardens
• Established lawns
• Double lock-up garage – with access to the rear
• 189sqm (approx.) of internal living area
• 547sqm (approx.) block
• Built in 1994 (approx.) by Dale Alcock Homes
• Lake Gwelup Primary School catchment zones
• Carine Senior High School and Balcatta Senior High School optional intake areas
• Walk to bus stops, lush local parklands and picturesque Lake Gwelup Reserve
• Close to Centuria Gwelup Shopping Centre (home to Farmer Jack's supermarket), early-learning centres and the freeway
• Easy access to the new-look Karrinyup Shopping Centre, more shopping at Westfield Innaloo, Stirling Train Station, St Mary's Anglican Girls' School, other excellent educational facilities and wonderful community sporting facilities
• Minutes away from cafes, restaurants and pristine swimming beaches – including Trigg and the revitalised Scarborough esplanade
• A short commute to the prestigious Lake Karrinyup Country Club and the Hamersley Public Golf Course revamp
Council Rates: Approx $2,645 per annum
Water Rates: Approx $1,799 per annum
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Listing description written by Michael Mort, Caporn Young Estate Agents Fremantle — reproduced as published, not verified by Districts.
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