Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Bennett Springs › Hillwater Promenade
$875,000
Last sold
4 Sept 2024
4
Bedrooms
3
Bathrooms
8
Car spaces
534 m²
Land
217 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
$875,000
4 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Bennett Springs (last 5 years) with land size have a median of $1,526/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Bennett Springs
-14.5%
Median sale
Suburb $1,023,000
+0.63 pp
Gross yield
Suburb 3.70%
Suburb median $1,023,000 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 534 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 $728/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 534 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
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to this well-designed and modern four-bedroom, three-bathroom home. Situated on a massive 534 square meters block, and enjoying over 200 square metres of internal floor space, this home is an example of space, style and convenience, all rolled in to one. Sitting in a cozy pocket of Bennett Springs - nearby parks and schools - this home presents premium features throughout; including a double-car garage, large main living area, play/rumpus room, and activity nook/study area. Come and take a look today - are you ready for your new home?
Property Highlights Include:
- Four-bedroom, three-bathroom home built in 2003
- Total lot size of approximately 534 square metres
- Approximate floor space of 217 square metres
- Huge front area with double garage and car parking for 4 cars to driveway
- Plenty of storage with a built in robes throughout!
- Evaporative air conditioning to keep the home cool
- Play/rumpus room to front of the home for the kids
- Three bathrooms; including built in bath and spa bath!
- Wide kitchen area, completed with shopper's entry and built-in pantry
- Massive rear courtyard area with undercover patio!
Investor Summary:
- This property is currently leased on a fixed term basis until September 2024 for $580 per week
- Market rent for 50 Hillwater Promenade is approximately $800 per week
- Based on a purchase price of $800,000 and market rent, the estimated rental yield for this property is 5.21%
-HouseSmart Real Estate is highly active in Bennett Springs and the surrounding areas - with an office in nearby Altone Park shops - and can assist with high-quality property management services from settlement and beyond!
Coming up to the home, you will notice the masses of space that the front of the home has. With a side gate, front lawn area, and wrap-around driveway, this home has so many great features from the very front. If you have guests over, multiple cars, or a caravan/trailer to park, then this home is for you! The double garage provides secure overnight parking, and also has a shopper's entry into the home so you can easily bring your groceries in. Walking through the front doors, you will notice the beautiful wooden design that these doors have, which create a welcoming ambience for your guests.
To the home interior, there are lots of wonderful living spaces to enjoy. Near the main door, you will find the playroom/rumpus room, which gives a great area for your kids to run around in without causing mess to the main living area. Alternatively, this spot would be a great study or music room. Nearby, the main living area presents a large, open space, which is set apart from the rest of the space with a purposefully designed lower ceiling and downlights. This helps add to the relaxing design of the room, as does the evaporative air conditioning - which is present throughout the whole house!
The kitchen area is open-plan to the living and dining area, and has a C-shape with a bench looking out over the nearby dining area. This also gives a nice view out to the backyard area, through the sliding doors in the dining room. The kitchen itself has plenty of room, and is set up with many desirable features, including a wide bench top, double stainless steel sink, gas hotplates, drawer and cupboard space, built-in oven, and built-in pantry for all your goods. What meal will you cook first in your new home?
The master bedroom is luxurious with a private ensuite bathroom, large built in robe with mirror sliding doors, multiple power points, and two large window with blinds to control privacy and natural lighting. The adjoining ensuite bathroom has the luxury of a shower plus spa bath to compliment your morning routine.
The remaining in the home both have built in robes which showcase sliding mirror doors, and well placed windows for natural lighting. There are not one but two other bathrooms for everyone to share; one which has a built in shower and the other a shower plus bathtub! Near these bedrooms you have a separate little space which is perfect for a small study area or activity place; alternatively as a storage area. There is an air conditioner outlet here for a nice breeze.
The backyard is spacious, completed with brick paving and ready for you to put down some potplants or an outdoor lounge. Open up the sliding doors in the living room to make this whole outdoor space prime for entertaining and relaxing. The space wraps around the side of the home - perfect for pets and activity!
This home is located right by Fairywren Park in the south-east side of Bennett Springs, moments away from Bennett Springs Shopping Centre, and quick transport routes along Reid Highway and Altone Road. With beautiful internal features and loads of indoor and outdoor space to enjoy, this home presents a comfortable and convenient lifestyle just waiting for you to make that next move. Come and take a look today!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.
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