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WA › Craigie › Nyara Cres

51 Nyara Cres, Craigie WA 6025

House

$775,000

Last sold

25 Sept 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

685 m²

Land

101 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $775,000 (25 Sept 2024).(Recorded sale)
  • CalculationLand 685 m² against a 101 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Craigie (last 5 years) with land size: median $1,595/m² of land (n=126). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$775,000

25 Sept 2024 · derived via latest_sale

Local land rate: recorded House sales in Craigie (last 5 years) with land size have a median of $1,595/m² of land (n=126). Districts calculation from recorded sales — not a valuation.

Craigie at a glance

7,335

People

$990,000

Median sale

$684/wk

Median rent

3.59%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Craigie report →

Vs Craigie

-21.7%

Median sale

Suburb $990,000

+1.00 pp

Gross yield

Suburb 3.59%

Suburb median $990,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$775,00025 Sept 2024
  2. Listedprice unknowncompleted11 Sept 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $684/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Craigie in one glance

Craigie at a glance

7,335

People

$990,000

Median sale

$684/wk

Median rent

3.59%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Craigie report →

Keep researching

  • Why Craigie? Read the area thesis →
  • What else is on the market in Craigie →
  • Other records on Nyara Cres →

Listing material

Listed by Carole Saville Inspiring Real Estate

Potential Plus!

This is an ideal property for the first home buyers, investors and developers! Look no further than this 3-bedroom, 1-bathroom property, perfectly situated on a generous 685m² block with R20/40 zoning in one of the area's most promising and rapidly developing suburbs. Truly brimming with possibilities, this Craigie home is a gem which won't last long and one not to be missed! Call Carole Saville on 041 041 9241 to view.

3 Bedrooms, 1 Bathroom, Lounge, Dining, Kitchen, Single Carport

- Great location minutes from the coast, close to Whitfords train station and local transport is on hand.

Read the full description

- This home offers the perfect opportunity for those seeking future potential with R20/40 zoning.

. - Yes it could do with a little work but this property has the potential to really shine and become a gem.

- Solidly built in 1980, there is so much to love here.

- Light and bright and decorated in neutral tones.

- Kitchen offers decent bench and cupboard space, a four-burner hotplate, electric oven, and built in pantry. The adjacent dining area is perfect for those who love to entertain.

- Lounge to the front of the home is well proportioned and with new easy care flooring.

- The main bedroom is generous in size.

- Minor bedrooms are comfortable doubles.

- Undercover patio for outdoor entertaining.

- Large outdoor games room is the ideal teenager retreat or perhaps an extra bedroom?

- Single carport.

- Good sized laundry which could be converted to a second bathroom.

- Ducted evaporative air conditioning.

- Instant gas hot water system.

- Garden shed.

- Location is everything, and this property delivers! Nestled at the end of a cul de sac in a sought-after suburb that's on the rise, you'll be surrounded by new developments, revitalized public spaces, and a community that's thriving. Plus, with easy access to schools, shopping centres, convenience is on your doorstep.

- Don't miss out on the chance to secure this property which has so much potential. Whether you're a first-time buyer, a renovator, or an investor aiming to capitalize on the area's growth, this is the opportunity you've been waiting for. With a few touches, this home could be transformed into something really special.

- So do you take advantage of the zoning and develop this property? Do you eventually renovate and or extend? Do you rent this property? Located within easy freeway access and close to the local parks and shopping facilities it offers so much convenience.

- Built in 1980 on approx. 685m2

Nearby Handy Local Locations:

Craigie Medical Centre

Craigie Tavern

Craigie Shopping Centre

Craigie Open Space

Whitfords Shopping Centre and Entertainment Precinct

Disclaimer

Whilst every care has been taken with the preparation of the details contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Listing description written by Carole Saville, Carole Saville Inspiring Real Estate — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.