Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Forrestfield › Vinca Way
$475,000
Last sold
4 Nov 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
685 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
$475,000
4 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Forrestfield (last 5 years) with land size have a median of $1,113/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Forrestfield
-46.3%
Median sale
Suburb $885,000
+3.52 pp
Gross yield
Suburb 4.07%
Suburb median $885,000 from 60 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 685 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 685 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
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroPeak Awesome!
Imagine hitting the triple combo of the 3 most important things to look for in your new home, while making it look easy - Welcome to number 5 Vinca Way; a pristine location, with some gorgeous renovations, and brilliant future potential.
…Then switch it into MEGA MODE, because this home also has the side access to the powered shed you wanted, AND it's on a corner block AND it has one of the most stunning backyard entertainment zones you could possibly dream up.
Yep, this is the one you've waited for and the time to hesitate is through!
Renovated throughout by owner occupiers who intended to stay, it was not done on the cheap, and all the important things have been done with care, quality and durability in mind. The kitchen is perfect, the bathroom is beautiful and the outdoors is going to be the venue for the greatest housewarming party you've ever hosted (or alternatively a quiet spot to enjoy the songs of the local birds the morning after).
If you've got human kids or other small creatures and you like to go walking, you'll LOVE the fact that Juniper Reserve Lake is only 200 metres away! Recently upgraded, this pristine parkland now includes sheltered picnic areas, BBQs, and playgrounds. And if you follow the park further onward, you can go all the way to the Hawaiians Forrestfield Shopping Centre (only 1.2km away) without stepping a foot onto another road. Quite literally the network of parks can get you all the way there for one of the most tranquil walks to the shop you can take!
Plus, look to the future, because this R20/30 zoned block has prime positioning on a corner. This means when the time comes to one day sub-divide, the options seriously swing in your favour. You could create two new properties here - both with street frontage and no battle-axing required (naturally you would need to seek council approval for this). You might not be thinking this way yet, because if you've read this far you're likely looking for a home, not a money making opportunity.. but it's always wise to hold that card too for a later year.
Anyway, let's do it! We can't wait to show you this home and expect you'll love it just like we do. So come on over to one of our home opens or call your favourite Mitchell Brothers today.
Quick Stats:
• Fully renovated 3x1
• 685 square metre corner block
• Zoned R20/30
• Solar powered
• THREE reverse cycle air-conditioners
• Bore water operational and CLEAR
• Double side access
• Shed/workshop
• Carport/garage
• EPIC outdoors entertainment area!
Water rates: $1103p/a (approx.)
Council rates: $1,877p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.