Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Safety Bay › Elswick St
$780,000
Last sold
13 Aug 2024
5
Bedrooms
2
Bathrooms
3
Car spaces
676 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
$780,000
13 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Safety Bay (last 5 years) with land size have a median of $1,127/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Safety Bay
-8.8%
Median sale
Suburb $855,000
+0.33 pp
Gross yield
Suburb 3.52%
Suburb median $855,000 from 47 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 676 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 $578/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 676 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
Safety Bay at a glance
8,462
People
$855,000
Median sale
$578/wk
Median rent
3.52%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark MandurahWhat to Know
Nestled in the heart of Safety Bay, just 600 metres from the stunning beachfront, 51 Elswick Street offers an exceptional opportunity for those seeking a spacious and versatile coastal home.
What to Love
This large corner block spans 676 square metres, providing ample space for various family needs and lifestyle preferences. At its core is a well-appointed 4-bedroom, 2-bathroom brick and tile home designed for comfortable family living. The main house features a spacious kitchen and a generous dining area perfect for gatherings. A separate, expansive living area offers a welcoming retreat for relaxation and entertaining guests.
Practicality meets security with amenities like a double garage and three additional sheds, offering abundant storage for tools, outdoor gear, or personal belongings. For added peace of mind, the home is equipped with an alarm system and roller shutters on windows.
Energy efficiency is prioritized with solar panels that help reduce electricity costs and promote sustainable living practices.
A standout feature of the property is its attached granny flat, complete with its own kitchen, bathroom, bedroom, and private garage. This versatile space can serve as a rental unit for additional income, accommodate visiting family members, or provide independent living quarters for older children.
While the property boasts an array of desirable features, it also presents an opportunity for personalization and enhancement with a little tender loving care. With attention and personal touches, this home has the potential to become a stunning coastal retreat.
Outdoors, large side access accommodates parking for a boat, caravan, or additional vehicles, catering to outdoor enthusiasts and those needing extra storage space. The expansive outdoor area invites outdoor entertaining, gardening, or simply enjoying the sunny Safety Bay weather.
51 Elswick Street is more than just a home; it embodies a lifestyle opportunity. Its proximity to the beach, versatile living spaces, and practical features make it a rare find in one of Safety Bay’s most coveted locations. Whether you seek a family home with room to grow or an investment with potential for multiple income streams, this property offers endless possibilities.
Don’t miss out on this exceptional opportunity to own a property that seamlessly blends convenience, space, and potential.
Who to talk to
Contact Gavin Daniel at Realmark on 0448 877 769 or via email at gdaniel@realmark.com.au today to schedule a viewing and discover all that 51 Elswick Street has to offer!
Listing description written by Gavin Daniel, Realmark Mandurah — reproduced as published, not verified by Districts.