Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
WA › Booragoon › Marmion St
5
Bedrooms
2
Bathrooms
1
Car spaces
718 m²
Land
171 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Booragoon (last 5 years) with land size have a median of $2,197/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
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 718 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 $783/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 718 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
Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bloom Real Estate WASOLD by FRASER WILLIAMS of BLOOM REAL ESTATE WA!
Welcome to 543 Marmion Street in Booragoon - a versatile residence offering future-proof opportunities for a discerning buyer.
The Home:
The original residence was built in 1984 and is defined by its grand open plan living areas, a floor plan that offers a potential for 5 BEDROOMS, and all year round covered alfresco for entertaining. Boasting a 718sqm block, this property offers ample space for comfortable living.
The house is equipped with a ducted evaporative air-conditioning system for climate control and a solar hot water system.
The alfresco area is spacious and can accommodate important family celebrations, providing a clear view of the rear level lawn area for parents to keep an eye on their children while they play. The covered alfresco is large enough to potentially cover children's play equipment, offering protection from rain and creating a sun-safe play area throughout the year.
Conveniently located within walking distance to Westfield Booragoon, with public transport close to freeway entries, this complete property showcases a smorgasbord of features, including a warm exposure to the northern sun. This property truly is heaped full of attributes the market is looking for.
The Investment:
If you are after an investment property, then look no further. This sturdy property is currently tenanted on a fixed term lease, so you could purchase it on a set-and-forget basis prior to unlocking future potential.
Leased at $800.00 per week
Lease end date: 24th November 2024
The Development:
Offering the potential for a rare development opportunity (STCA), this green title property is zoned as an R100 Mixed Use Development Site, Frame Precinct B, by the City of Melville. This truly is a first-rate opportunity for a developer to take advantage of.
Located opposite Westfield Booragoon (with substantial expansion/upgrade in the pipeline to create a world class entertainment/shopping complex) it is only a few minutes' walk to Booragoon Bus Station, quality schools, Allied Health Services, entertainment and trendy bars/cafes.
Being positioned between the major arteries of Leach Highway and Canning Highway, there is also easy access to the Freeway, Perth City and Fremantle.
For further information is available via the following link for the Melville City Centre Structure Plan:
https://www.melvillecity.com.au/planning-and-building/local-planning-strategy,-scheme-policies-and-plans/activity-centre-and-structure-plans/melville-city-centre-structure-plan
Join the other successful buyers in the area who have identified this Booragoon precinct as having huge future potential and contact Fraser Williams on 0439 092 248 to organise a viewing. Now is the time and this is the opportunity!
Additional Information of Note:
- Floor Plan - Please note that we have included the front lounge and study as bedrooms five and six as examples of how you could use these rooms.
DISCLAIMER: This document has been compiled for the purpose of advertising and marketing only. Whilst every care has been taken in preparing the particulars and information contained and believed to be correct, neither the Agent nor the vendor nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Fraser Williams, Bloom Real Estate WA — reproduced as published, not verified by Districts.