Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Glen Forrest › Bailey Rd
$780,000
Last sold
29 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
6,589 m²
Land
154 m²
Building
Districts View
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
$780,000
29 Feb 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Glen Forrest (last 5 years) with land size have a median of $381/m² of land (n=105). Districts calculation from recorded sales — not a valuation.
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Glen Forrest
-39.6%
Median sale
Suburb $1,291,500
+2.09 pp
Gross yield
Suburb 3.18%
Suburb median $1,291,500 from 28 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 6,589 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 $790/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 6,589 m² — that is not official geometry.
Nearby development pipeline
Area
Glen Forrest at a glance
3,087
People
$1,291,500
Median sale
$790/wk
Median rent
3.18%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Earnshaws Real EstateAre you looking for a dream property including a fabulous house and generous bush block with a heap of tranquillity and a dollop of convenience? But perhaps you don't want to move in… just yet? This home and fantastic block might just be the answer to your property prayers! With a tenancy locked in until November 2024 this haven encapsulates the quintessential WA lifestyle - an incredible slice of bush, expansive lawn at the front, wrap-around verandahs, and access to one of the friendliest communities 'up the Hill'. With the tenancy secured until November 2024, it caters not only to the immediate benefit for investors but then could turn into the ideal home for those planning to make the move at the end of the year.
If you love a bit of whimsy, you'll be charmed by the country kitchen which seamlessly blends into the cosy family area - featuring a slow-combustion pot belly to keep you warm during chilly nights. The adjacent dining area and spacious lounge provide the perfect setting for family gatherings or open it up for entertaining guests. The lovely primary bedroom boasts a walk-through robe plus ensuite bathroom plus two of the three well-sized secondary bedrooms include wardrobe options to reduce your Resident Mess Makers' and their 'floorboards'. The family bathroom, with gorgeous slate and a bath/shower, is thoughtfully designed with convenience in mind with its sliding door leading to a separate WC also accessible from the laundry.
Features Include:
• Lovely home with oodles of charm on incredible mostly bush block
• Tenanted until November 2024 - suitable for investors or buyers planning to move in at the end of 2024
• 3 bedrooms with garden views
• 2 bathrooms
• Delightful country kitchen & family area with slow-combustion fire
• Open-plan dining & large lounge with open fireplace
• Primary bedroom with walk-through robe & ensuite bathroom
• 3 good-sized secondary bedrooms
• Family bathroom with bath/shower combo & vanity, sliding door to separate WC (also accessed from the laundry)
• Wrap-around verandahs
• Brick-paved & covered entertainment area
• Huge shed with separate studio (or storage room) & basic bathroom
• Front lawn
• Lovely bush block
• 6,589sqm
Beyond the charm of the interiors of the home, the property outside unfolds and showcases some of its potential. The very Australian verandahs seamlessly connect with a brick-paved and covered entertainment area out the side which will be delightful come next Summer for alfresco dining or lazy Sunday afternoons with something cold in hand. There's also a substantial shed accompanied by a separate studio with a basic bathroom that is absolutely hollering to be transformed into something amazing. The sheer expanse of the huge block also allows for endless potential; from gardening and landscaping ventures to creating one amazing playground for children. Speaking of children, there are great schools nearby, the local swimming pool, the best caramel slice in the world at Glen Forrest Gourmet, and the local 'train park' at Morgan John Morgan Reserve. Sporting clubs, local boutique stores, and even the delicious cafes are all accessed via (mainly) footpaths and walk trails, so put some hiking shoes on your 2024 Christmas list and look forward to all new adventures in 2025.
Buy now. Benefit soon. Love it always.
For more information on 50 Bailey Road Glen Forrest or for friendly advice on any of your real estate needs please call Jo John on 0401 583 757.
Listing description written by Jo John, Earnshaws Real Estate — reproduced as published, not verified by Districts.
Nearby 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.