Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
WA › Wellard › Silversmith St
$1,100,000
Last sold
5 Jan 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
2,277 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
$1,100,000
5 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Wellard (last 5 years) with land size have a median of $1,913/m² of land (n=148). Districts calculation from recorded sales — not a valuation.
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Vs Wellard
+29.4%
Median sale
Suburb $850,000
-0.98 pp
Gross yield
Suburb 4.33%
Suburb median $850,000 from 160 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 2,277 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 $708/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 2,277 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
Wellard at a glance
18,903
People
$850,000
Median sale
$708/wk
Median rent
4.33%
Suburb gross yield
Median sale from 160 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coulson & CoTrent MacGregor is excited to present the Market 51 Silversmith street
Homestead Ridge Wellard.
CLOSING DATE SALE : All offers presented on OR BEFORE the 3rd of December. This property MAY BE SOLD PRIOR so contact Trent immediately to register your interest!
VIEWINGS : Please note next available viewing is at the advertised home open.
WATCH VIDEO WALKTHROUGH FOR DETAILS -
Click 'video' button in 'Helpful Links' section.
✓ PRICE GUIDE : Comparable properties have sold in the $1 - $1.150 million range.
Offers are expected in or above this range. As we are experiencing an ultra competitive market we recommend submitting your best and highest offer for the Sellers consideration.
✓ Brick & Tile Construction
✓ Build Year 1990
✓ Block Size 2,277m2
✓ Vacant Possession at settlement
If you're looking for a property that you can comfortably live in & renovate or update over time, then this is the one for you!!
A much-loved family home perfect to break you into the Homestead ridge market with
so much potential.
More reasons you will love this home:
- Very neat & tidy
- Multiple living spaces perfect for a big family to spread out & have their own space
- Master bedroom with walk in robe, ensuite + split system air con
- Bedrooms 2 & 4 have built in robes
- Space & storage galore in the kitchen
- Soaring high vaulted ceilings with exposed timber beams
- Ducted evap air conditioning
- Feature gas fireplace
- Solar panels
- Double carport (parking space galore)
- Rear access to a 6x5.8m powered workshop
- Relax & entertain under the patio
- Situated on a massive 2277m2 block surrounded by established gardens fully fenced
- Located close to plenty of amenities including Wellard Square (3.2km's) Wellard Train Station + Freeway access.
The possibilities are endless...
Please contact Trent on 0409948990 for more information.
To avoid disappointment do not miss the home open!
Please note : Many of our Closing Date Sales are Selling prior to the advertised date so do not delay in expressing your interest or making an offer.
*While all details listed are presumed to be correct at time of publishing buyers must perform their own due diligence.
HOW TO OFFER :
Head to my Offer portal - https://propps.me/trentmacgregor
Scroll down and find this listing. Register in 30 seconds and submit your Offer.
Offers are non binding until the Seller accepts your Offer and a Contract is drawn up and accepted by you and the Seller.
Listing description written by Trent MacGregor, Coulson & Co — reproduced as published, not verified by Districts.