Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
WA › Waggrakine › Collins Rd
2
Bedrooms
1
Bathrooms
1
Car spaces
50,000 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 Waggrakine (last 5 years) with land size have a median of $587/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 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 50,000 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 $624/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 50,000 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
Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GeraldtonLocated within a 15-minutes drive to the CBD is this tranquil property of nearly 5 hectares. The good news is that it comes with a charming neat and tidy 2-bedroom brick home requiring no work and ready for immediate occupation. The ideal situation is to give you time while you plan and build to your own requirements or the ideal property that many tenants would love to look after for you .
It is worth noting that within the development investigation area there may be the opportunity to maximize the use of the land and the minimum lot size may be reduced to 1 hectare. Please call the very helpful City of Greater Geraldton to do your own due diligence regarding this potential option. With the shortage of rentals it is worth mentioning it again that the opportunity to lease out would be well received.
Additional facts include:
• A workable fully fenced property
• The brick home has been substantially refreshed with all new floor coverings, window treatments and upgrades to the bathroom, and new cabinetry in the kitchen, so plenty of preparation areas
• The all-weather patio is the full length of the house so no plenty of great space here, ducted air-conditioning and a garage for your vehicles
• 12 x 8 metre shed and extra undercover car parking
• Fantastic hobby farm for horses, some sheep, etc.
• Scheme water and power connected
• Built in 1972
• Water rates - $265 per annum
• Council rates - $2,290 per annum
For a viewing of this property contact - Janette Brennan today on 0417 091 665.
Listing description written by Janette Brennan, Ray White Geraldton — reproduced as published, not verified by Districts.