Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Quokka St
$620,000
Last sold
8 Sept 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
502 m²
Land
190 m²
Building
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
$620,000
8 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,568/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
-38.0%
Median sale
Suburb $999,500
+2.20 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 502 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 $693/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 502 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to this spacious four-bedroom, two-bathroom house which you can call 'home' - with room for the whole family plus the pet dog! Whether you are looking at this home as your own, or as a great property to hold on to as an investment, the features and design throughout makes this house special. Currently rented on a fixed term lease for $590 per week until November, this provides a secure immediate investment for those looking to rent out, with a high estimated rental yield of 5.13%. Nearby shops and schools, this property is in a great position to become your forever home!
Property Highlights:
- 502 square metres land size
- 190 square metres building size
- Built 2008
- Brick and tile build
- Double carport
- Split system air conditioning
- Seperate family room
- Seperate activity area
- Courtyard with grass area to rear
Investor Summary:
- This property is currently rented on a fixed term lease until November for $590 per week
- Market rent for 5 Quokka Street is approximately $690 per week
- Based on a purchase price of $600,000 and market rent, the estimated rental yield for this property is 6.0%
- HouseSmart Real Estate is highly active in Wattle Grove and the surrounding areas, and can provide high-quality property management services throughout the course of the tenancy and beyond.
Coming up to the property, you will notice the lush lawn area, as well as secure fencing behind which is the spacious backyard. There is a double carport to park your vehicle, and a side gate will bring you through to the yard. Coming inside however, you are met with the family room - a perfect space for a family move night or comfortable afternoon lounging about.
Stepping through from the family room, you will find the living area which has a feature wall to put a television. The rooms are well-designed to create separate areas and yet an ease of flow for walking between each room. The kitchen overlooks the dining and activity area and is situated next to the living area, with this open-plan design making everything each room feel extended and open.
Featuring L-style benching, this kitchen is a dream to cook in, with lots of great attributes - bar-style benchtops, gas cooktops, a double sink, and garage access, just to name a few items. The well-positioned windows allow a lot of natural sunlight to stream through, brightening up these rooms.
The activity area would be great as a playroom or study area. A split-system air conditioner keeps this area with a nice breeze. Sliding doors open up from this area out to the backyard where you can easily watch the kids play.
The bedrooms are all a healthy size, and mostly feature downlights. The main bedroom, being the largest, has a built in robe as well as an ensuite. The main bathroom, down the hall, has a separate shower as well as a bath. The rooms and living areas all have carpet, whilst the kitchen area is tiled for easy cleaning.
To the backyard, you will find a paved area for a playspace or an outdoor table and chairs. There is plenty of grass for running about, playing soccer, or a trampoline. The side garden bed holds a few trees and shrubs for shade and decoration. There is also a garden shed which would be perfect if you need a space for garden tools or other equipment.
Only 450m from this house is Wattle Grove Primary School, and Wattle Grove Shopping Centre is only 850m away. There are also multiple marks within 1km including Woodlupine Park, Adith Park, and Wattle Grove Naturescape. Perth CBD is approximately 25 minutes drive away. There is also a bus stop less than 100m around the corner from the home which services the local area so you can easily hop on and off.
There is a lot to love about this home, from it's grand spaces to it's modern features and engaging layout. Will you take the next step and make this home yours today?
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.
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