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WA › Collie › Elouera St

53A Elouera St, Collie WA 6225

For saleUnit for Sale

$315,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

180 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $315,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $315,000(Listing record · 31 July 2026)
  • FactLand 180 m²; no building size recorded.(Property record)
  • CalculationAsk is 37% below the Collie median recorded sale ($500,000, n=63, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Collie's advertised median rent ($550/wk), implied gross yield would be 9.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$315,000

Asking · $1,750/m² of land

No recorded sale for this property.

Collie at a glance

8,235

People

$500,000

Median sale

$550/wk

Median rent

5.72%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Collie report →

Vs Collie

-37.0%

Median sale

Suburb $500,000

+3.36 pp

Gross yield

Suburb 5.72%

Suburb median $500,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$315,000
Stamp Duty (Western Australia)
$9,405
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$328,330

$13,330 on top of the price (4.2% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Collie's advertised median rent — not a rent for this listing.

Net yield
7.58%
Annual cashflow (pre-tax)
$7,495
Interest cover (DSCR)
1.46
Annual rent
$28,600
Operating expenses
$4,725
Loan amount
$252,000
Annual interest
$16,380
Gross yield
9.08%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$315,000available31 July 2026

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 180 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 $550/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

Gross yield if leased at the suburb aggregate is 9.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 180 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

Collie in one glance

Collie at a glance

8,235

People

$500,000

Median sale

$550/wk

Median rent

5.72%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Collie report →

Keep researching

  • Why Collie? Read the area thesis →
  • What else is on the market in Collie →
  • Other records on Elouera St →

Listing material

Listed by exp Australia WA

Solid Investment 6.6% return or owner occupy is an option

Whether you're looking to expand your investment portfolio or secure an affordable property with immediate rental income, 53A Elouera Street, Collie presents an outstanding opportunity.

Positioned in a well-established triplex complex, this unit is currently leased to a long-term, reliable tenant who has proudly called the property home for many years, providing investors with the security of an established tenancy from day one.

Inside, the home offers a practical layout with comfortable living spaces, making it an ideal lock-and-leave investment. While the property would benefit from some cosmetic updates over time, it presents an excellent opportunity for a buyer to add value in the future when the timing is right.

Read the full description

Please note that the home is currently occupied, and sufficient notice is required to view. We kindly ask buyers to look beyond the furnishings and appreciate the solid bones, functional floorplan and future potential this property offers.

Property Features:

• Gas Hot Water System – Gas Bottles

• Freestanding gas oven

• Security doors to front and back

• Brick & Tile

• Long-term, reliable tenant already in place - periodical lease

(rent review due between $380pw - $400pw)

• Low-maintenance triplex unit – NO STRATA FEES

• Practical floorplan with comfortable living areas

• Ideal investment with immediate rental income

• Opportunity to renovate or modernise in the future

• Affordable entry into the Collie property market

Located close to local shops, schools and essential amenities, this is an excellent opportunity for investors seeking a property with strong fundamentals and future upside.

With Collie continuing to attract attention through major government investment, renewable energy projects and ongoing regional development, the town remains an appealing option for investors looking for both affordability and long-term growth potential.

For further information or to arrange a viewing, contact Kathryn Fiorenza today.

Water Rates - $1570 pa (approx.)

Shire Rates - $2600 pa (approx.)

Strata Fees - $NIL

Rental return $320pw (review due estimate $380pw - $400pw)

Area – 180m2

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Listing description written by Kathryn Fiorenza, exp Australia WA — 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.