Karrinyup at a glance
11,292
People
$1,683,750
Median sale
$913/wk
Median rent
2.82%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
WA › Karrinyup › Francis Ave
$1,430,000
Last sold
30 Mar 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
802 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
$1,430,000
30 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Karrinyup (last 5 years) with land size have a median of $2,608/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Karrinyup at a glance
11,292
People
$1,683,750
Median sale
$913/wk
Median rent
2.82%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Karrinyup
-15.1%
Median sale
Suburb $1,683,750
+0.50 pp
Gross yield
Suburb 2.82%
Suburb median $1,683,750 from 46 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 802 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 $913/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 802 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
Karrinyup at a glance
11,292
People
$1,683,750
Median sale
$913/wk
Median rent
2.82%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thought Leaders Real EstateNick and Jo proudly present to you 55 Francis Avenue.
THE OFFERING
Brief: 3 bed | 1 bath | 1 car | Land: 802sqm
Method: For Sale - Offer Invited
Settlement Terms: Negotiable
THE INTELLIGENCE
Perfectly positioned on a massive 802sqm corner block, this rare and unique development site offers an unparalleled opportunity to create something truly special. Zoned R30 and brimming with triplex subdivision potential, this promising property is ideal for visionary developers or savvy investors looking to capitalise on its prime location, opposite the stunning new Karrinyup Shopping Centre precinct. With an existing largely-original 3 bedroom 1 bathroom knockdown home ready for removal – or utilised as an income-earning rental until you decide on what your next move will be, this essential "blank canvas" is yours to design and build for maximum return. Whether it's modern townhouses or a dream quality residence that redefines luxury at the end of it all, this expansive land parcel promises a lucrative future in every way, shape and form!
Features include, but are not limited to:
• Please Note: This property is to be sold on an as is basis.
• The existing 3 bed 1 bath dwelling is solid in its brick-and-tile construction and is graced by high ceilings and plenty of scope to add your own personal touches throughout, if you are that way inclined
• Beyond a gated garden entrance lies a welcoming front lounge room with low-maintenance timber-look flooring, split-system air-conditioning and a ceiling fan.
• An adjacent open-plan dining and kitchen area behind saloon-style double doors, also comprising of easy-care floors – as well as double sinks, a Chef gas-upright cooker, a Vulcan Dishlex range hood and built-in storage
• Large outdoor patio-entertaining area, with access into a spacious and carpeted rear games room – fitted with a built-in bar
• Carpeted bedrooms, inclusive of a generous master with a ceiling fan (just like the 3rd bedroom)
• Practical bathroom with a bathtub and showerhead – servicing the separate sleeping quarters along with a double linen press
• Rear laundry with a separate toilet and a large utility/store room that benefits from access out to the side of the property, as well as to the back alfresco
• Amongst the extras here are a paved garden courtyard for further breezy sitting and entertaining, a gas hot-water system, a separate single lock-up garage (off the property's second street frontage) and double gates that reveal a paved single car bay for a second vehicle to park securely
THE VISION
Location, Land and Limitless Possibilities. Zoned R30
A prime spot on the corner of Francis Avenue and Davenport Street sits within metres of shopping and entertainment, with a matter of footsteps ensuring easy access to bus stops, lush local parklands and even the exclusive Lake Karrinyup Country Club and golf-course resort. Picturesque Lake Gwelup is also nearby, as are a host of playgrounds, Karrinyup Primary School, St Mary's Anglican Girls' School, the revamped Hamersley Public Golf Course, Carine Senior High School, Hale School, Newman College, the freeway, Stirling Train Station, majestic bushland walking trails, the rejuvenated Scarborough Beach foreshore and everything in between. Turn vision into reality and get ready to reap the rewards on this commanding corner lot that is about to deliver in a very big way!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.