Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Greenmount › Great Eastern Hwy
3
Bedrooms
1
Bathrooms
6
Car spaces
5,086 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Greenmount (last 5 years) with land size have a median of $570/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 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 5,086 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 $609/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 5,086 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
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Real Estate Plus MidlandThis charming three-bedroom, one-bathroom property sits on two 1/2 acre lots totalling 5086m2 in a prime location, offering convenience, comfort, and endless possibilities.
As you enter the spacious and light-filled entrance, you will be led to an open-plan living and dining area that creates a seamless flow, perfect for entertaining guests or spending quality time with family. The kitchen has ample storage space, making meal preparation a breeze. By renovating and fixing the remnant of the old fireplace, you can turn the lounge room into the perfect place to watch your favourite movie. The tiled family room has tiled floors, a wood fireplace, and access to the outside area.
With three spacious bedrooms, you can enjoy ample space for relaxation and privacy, while the family bathroom ensures convenience for the entire household. Access to the undercroft is from the inside staircase or the outside. It would be ideal as a craft room, and there is also a wine cellar.
Step outside and enjoy the beauty of nature, offering plenty of space for outdoor activities or creating your oasis. The winding drive leading to the home and the two carports provide enough space for four cars under cover. The land is sloping away from the road, and when cleared, would expose all the previous terraced retaining walls that once would have made a proud landscape statement.
The home is straddling the two lots, but the potential for realigning the boundary and creating two separate lots is here. There is much to explore. Buyers with vision will be overjoyed. Although the gardens are overgrown, and the home is a bit sad, this property has much potential to take advantage of.
Don't miss out on this fantastic opportunity to own a large nature block in Greenmount. If you are prepared to do the work, contact Brian today to arrange a private inspection and discover the potential this property has to offer.
• Two Lots totalling 5086m2 over 1 ac of land
• Enterance & Lounge built-in cabinetry
• Solid jarrah floors in hallway and bedrooms
• Two Carports are enough for 4 cars under cover
• 3 Spacious bedrooms with nature outlook
• Large Kitchen, lounge and family room
• Electric hot water storage
• Renovation work required
• Large patio and storeroom
Listing description written by Brian Rasmussen, Real Estate Plus Midland — reproduced as published, not verified by Districts.