Winthrop at a glance
6,641
People
$1,750,000
Median sale
$912/wk
Median rent
2.71%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
WA › Winthrop › Winthrop Dr
$1,070,000
Last sold
27 Oct 2023
4
Bedrooms
2
Bathrooms
12
Car spaces
734 m²
Land
160 m²
Building
Districts View
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
$1,070,000
27 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Winthrop (last 5 years) with land size have a median of $2,122/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Winthrop at a glance
6,641
People
$1,750,000
Median sale
$912/wk
Median rent
2.71%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Winthrop
-38.9%
Median sale
Suburb $1,750,000
+1.72 pp
Gross yield
Suburb 2.71%
Suburb median $1,750,000 from 19 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 734 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 $912/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 734 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
Winthrop at a glance
6,641
People
$1,750,000
Median sale
$912/wk
Median rent
2.71%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Initiative"It's not about how you live, but WHERE YOU LIVE that matters".
728sqm - Corner block in an elevated and demand location.
Overlooking opposite magnificent Winthrop Park, you could be forgiven for forgetting you are in the heart of the metro area. This property sits on a corner block with sub dividable potential, allowing you to build your dream double or triple-story home with the potential for half-commercial, half-residential use. The existing home is functional and livable and will astute investors.
Working from home can be challenging, but with a million-dollar park overlooking view, you'll find the energy and opportunity to recharge your batteries in a time where time is of the essence. Open your windows and let the fragrance of the pine trees envelop you.
Close to all amenities, as too is Kardiniya Park Shopping Centre to be completed by mid-2024. The Shopping Centre's new development will set a new benchmark for town center's South of the River. With a bus stop at your front door, excellent primary and public schools in the area, shopping centers, and a family-friendly neighborhood, this property checks all the boxes.
With the ability to connect to either fast HFC NBN or ultra fast 5G this property has excellent options for internet availability.
This property is being SOLD AS IS, giving you the creative freedom to renovate and transform it into your dream home or explore development opportunities.
Property features include:
* City of Melville
* Built 1988
* 728 sqm total land area
* 120 sqm living area
* R/17.5 Zone
* Commercial property (Deli) with 61 sqm
* 4 bedrooms
* 2 bathrooms
* Separate toilet
* Laundry
* Open-plan living, dining, and kitchen area
* Solar panels
* 10 car spaces
Public transport - 20m
Kardinya Park Shopping Centre 2.3km
Piney Lakes Childcare 0.60km
Winthrop primary School 0.66km
Applecross Senior High School 2.6km
Melville Senior High School 2km
Fiona Stanley Hospital 4.1km
Cottesloe beach 12km
CBD 15km
Murdoch train station 4.3km
For more information or to schedule a viewing, contact Dada at 0468 597 258. Don't miss out this exciting prospect!
Listing description written by Dada Stanic, Harcourts Initiative — reproduced as published, not verified by Districts.