Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Cloverdale › Towie St
$780,000
Last sold
7 June 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
711 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
$780,000
7 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Cloverdale (last 5 years) with land size have a median of $1,313/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Cloverdale
-11.4%
Median sale
Suburb $880,500
+0.51 pp
Gross yield
Suburb 3.93%
Suburb median $880,500 from 60 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 711 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 $666/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 711 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
Cloverdale at a glance
10,159
People
$880,500
Median sale
$666/wk
Median rent
3.93%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Victoria ParkProudly presented by Jason Chan
Some properties simply overflow with opportunity from the moment you arrive. Maybe it's the quiet, low-traffic street setting, the massive 711 sqm block of land stretching out before you, or the way ultimate FIFO convenience blends so effortlessly with a family-friendly neighbourhood feel. At 55 Towie Street, you will quickly discover this is more than just a house - it is a golden ticket for flippers, handy first-home buyers, and astute investors ready to manufacture instant equity.
Nestled in a peaceful pocket of Cloverdale, this classic 1965-built brick home offers a solid and practical foundation. It is the perfect blank canvas for anyone looking to roll up their sleeves, inject some well-deserved TLC, and reap the rewards of a satisfying renovation project. Whether you are looking to modernise the existing layout or completely transform the space, this home is designed to let your property ambitions run wild.
Inside, the highly functional 3-bedroom, 1-bathroom floor plan provides a welcoming and practical layout for daily living. The separate bedrooms offer a quiet retreat from the main living zones, waiting for your personal cosmetic updates to truly bring them to life.
What truly sets this property apart, however, is the incredible outdoor space. Sitting on a large 711 m2 block, the future value-add opportunities here are immense. The excellent backyard serves as a massive arena of potential - giving you ample room to build a huge workshop, drop in a sparkling below-ground pool, or construct a standalone granny flat to generate a lucrative dual-income stream (Subject to Council Approval).
Parking and external storage are easily catered for with a practical 1-carport layout alongside plenty of additional driveway space for vehicles, trailers, or trade equipment.
The lifestyle surrounding this location offers unmatched convenience. Nestled away from the hustle and bustle, you are still just moments from major retail and transport hubs. It is an absolute dream location for FIFO workers requiring rapid, hassle-free access to the Perth Airport terminals, Costco Wholesale, and the DFO. The vibrant Belmont Forum Shopping Centre is a quick 6-minute drive away, putting a diverse array of retail, dining, and entertainment options right at your fingertips. Plus, with fast access to major arterial roads, your city commute is a breeze-ensuring an easy 15 to 20-minute drive (approx. 13 km) straight into the Perth CBD.
The Property & What We Love?!
* Built 1965 | Massive 711 m2 block of land
* Perfect blank canvas for a highly rewarding renovation project
* Practical layout featuring 3 Bedrooms | 1 Bathroom | 1 Carport
* Brand New Stove
* Quiet, low-traffic, and family-friendly street setting
* Incredible backyard space with endless potential to value-add
* Room to build a massive workshop, pool, or dual-income granny flat (STCA)
* Exceptional location for FIFO workers with quick airport and wholesale hub access
* Only a 7-minute drive to retail and dining at Belmont Forum
* Easy city commute via major roads, approx. 15-20 minutes to Perth CBD
* An ideal opportunity for flippers, handy first-home buyers, and investors
Outgoings:
* Council Rates (Approx.): $1,536.06 (FY 25/26)
* Water Rates (Approx.): $1,098.58 (FY 25/26)
Offering a rare blend of massive land size, solid structural potential, and unbeatable suburban convenience, 55 Towie Street presents an exciting, lucrative opportunity to secure a quality project in a prime, highly connected location.
For more information or to explore the endless potential of this property, contact listing agent Jason Chan at 0422 171 869.
TO MAKE AN OFFER OR DOWNLOAD A COPY OF THE CONTRACT PLEASE USE THIS URL
https://prop.ps/l/aLx65CaeAwqz
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations. Please note that some images presented in this advertisement feature digital enhancement and virtual staging. The furniture and styling items depicted have been digitally added for illustrative purposes only to demonstrate the property's potential layout and space.
Listing description written by Jason Chan, LJ Hooker Victoria Park — reproduced as published, not verified by Districts.
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