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WA › Herne Hill › Great Northern Hwy

586 Great Northern Hwy, Herne Hill WA 6056

House

$950,000

Last sold

23 Oct 2023

4

Bedrooms

2

Bathrooms

5

Car spaces

3,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $950,000 (23 Oct 2023).(Recorded sale)
  • FactLand 3,200 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Herne Hill (last 5 years) with land size: median $139/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$950,000

23 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Herne Hill (last 5 years) with land size have a median of $139/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

Herne Hill at a glance

1,626

People

$1,005,000

Median sale

$640/wk

Median rent

3.31%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Herne Hill report →

Vs Herne Hill

-5.5%

Median sale

Suburb $1,005,000

+0.19 pp

Gross yield

Suburb 3.31%

Suburb median $1,005,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$950,00023 Oct 2023
  2. Listedprice unknowncompleted2 Aug 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,200 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,200 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Herne Hill in one glance

Herne Hill at a glance

1,626

People

$1,005,000

Median sale

$640/wk

Median rent

3.31%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Herne Hill report →

Keep researching

  • Why Herne Hill? Read the area thesis →
  • What else is on the market in Herne Hill →
  • Other records on Great Northern Hwy →

Listing material

Listed by The Agency Perth

UNDER OFFER by Tom Miszczak

Tom Miszczak from The Agency is pleased to present this quality opportunity to the market. Located in the heart of Western Australia's thriving Swan Valley, this rock solid home sitting on 3200sqm of prime land gives you options galore.

Surrounded by Oakover Estate and Nikola Estate across the road and with Whistler Chocolate Co and Gt Northern Distillery just a few doors up, this is a brilliant chance to enter the Swan Valley. The current owners have previously had DA approval (now lapsed) for a 85 person restaurant at the rear overlooking the Perth Hills and will provide all this to the next owner.

Features include:

Read the full description

- 4 Bedrooms

- 2 Bathrooms

- 3200sqm of Land with 47m Frontage

- Workshop/Shed with Parking for 5+ cars

- Theatre Room/ 5th Bedroom

- Hardstand Parking

- Open Plan Living

- Jarrah Floorboards

- Ducted Air-Conditioning

- Dishwasher

- Reverse Cycle Split System

- Big Alfresco

- Servery Window

- Reticulation to Front and Side Lawns

- 5KW Solar Panels on Roof

- 3 Phase Power to workshop/shed

- Small Garage on side could be converted to studio /workshop and already has sliding doors as start of renovation has power supply already

- Bore for reticulation in front and side grassed area

- Rear shed has Shower and Toilet

- Zoning for 85 seat restaurant was approved in 2010 Original zone of domestic/vineyard changed for tourism restaurant Site plans and Business plans can be viewed on request

Overlooking the vineyards of the Oakover Estate to the front and the rolling Perth Hills to the rear, this is a unique opportunity to enter the heart of the area.

The home itself is a large and open family residence comprising of 4 great sized bedrooms, a formal lounge, theatre room and kitchen/dining with ample natural light flooding in.

Come and make this your own, properties like this are rare. You'll love your new life amongst Perth's best wine region.

Contact your REIWA award winning agent - Tom Miszczak on 0400 217 162

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Tom Miszczak, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 1

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.