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WA › Bedfordale › Waterwheel Road North

59 Waterwheel Road North, Bedfordale WA 6112

House

$960,000

Last sold

13 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

3,052 m²

Land

252 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $960,000 (13 Oct 2023).(Recorded sale)
  • CalculationLand 3,052 m² against a 252 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bedfordale (last 5 years) with land size: median $277/m² of land (n=119). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$960,000

13 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Bedfordale (last 5 years) with land size have a median of $277/m² of land (n=119). Districts calculation from recorded sales — not a valuation.

Bedfordale at a glance

3,441

People

$1,419,500

Median sale

$696/wk

Median rent

2.55%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bedfordale report →

Vs Bedfordale

-32.4%

Median sale

Suburb $1,419,500

+1.22 pp

Gross yield

Suburb 2.55%

Suburb median $1,419,500 from 32 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$960,00013 Oct 2023
  2. Listedprice unknowncompleted15 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 3,052 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 $696/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 3,052 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

Bedfordale in one glance

Bedfordale at a glance

3,441

People

$1,419,500

Median sale

$696/wk

Median rent

2.55%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Bedfordale report →

Keep researching

  • Why Bedfordale? Read the area thesis →
  • What else is on the market in Bedfordale →
  • Other records on Waterwheel Road North →

Listing material

Listed by O'Neil Real Estate

The Entertainer

With a luxurious Kitchen overlooking a very large dining area/family room and with direct access to the large Alfresco, this home is setup ready for entertaining.

Whether it is just the family at home or time to entertain, you have plenty of room to cater to a multitude of guests and not be crowded.

This is a stunning 4-bedroom, 2-bathroom house this is the perfect place to call home. Set on a spacious land area of 3052 sqm and a generous house area of 252 sqm, this property offers ample space for your chosen style of living.

Read the full description

Built in 2012, this modern house features a sleek and contemporary design that is sure to impress. The open floor plan creates a seamless flow between the living, dining and kitchen areas, making it ideal for entertaining guests or enjoying quality time with family this home has generous spaces for all. Stunning Granite benchtops in the Kitchen, Bathrooms and Laundry make this a pleasurable space that is easy to clean.

The bedrooms are well-appointed and offer plenty of space for relaxation and privacy. The generously sized master suite boasts an ensuite bathroom and large WIR, providing a luxurious retreat after a long day. With a total of 2 bathrooms, there will never be any morning rush hour conflicts. The children's wing has 3 good size bedrooms plus an activity area. A home theatre and activity area ensure plenty of space for all to enjoy their chosen entertainment.

For those with a passion for cars or hobbies, the property also includes a double garage with enough space for 2 vehicles, a carport for a further 2 cars and a large powered workshop for projects providing ample storage for all your vehicles, tools and equipment.

Situated in the peaceful and picturesque suburb of Bedfordale, this property offers a serene and tranquil lifestyle. Surrounded by nature, you can enjoy the beauty of the outdoors right from your doorstep. The large land area also provides endless possibilities for gardening, outdoor activities, or even adding a pool or additional structures. There is plenty of opportunity to enhance the yard to your liking. With ample rainwater storage, your plants will love you.

Features include:

* Office

* 40mm Granite benchtop in Kitchen with waterfall edges including island benchwith drawers plus a large Walk in Pantry

* Water connection in kitchen for fridge/ice

* High ceilings to living area & kitchen

* Laundry has fabulous large granite top bench space

* second WC Has Powder room

* Double entry doors with privacy view security doors

* Ducted Reverse Cycle air-conditioning

* Large 5kw Solar power

* Heat pump hot water plus second hot water for the master suite

* The Ensuite has WIR and Spa bath

* Activity Room in the children's wing

* Theatre Room

* Massive 3m wide back veranda & under cover entertainment area with walled section ready to include outdoor kitchen.

* extra high garage entry for your 4x4 or SUV vehicle.

* 380,000 rainwater tank - can be connected to house. Pump attached for garden watering or filling of a future pool.

* Back up generator - connected to house providing most of home & shed with power in case of power outages or to run home off grid.

* Fully fenced & gated yard

* Room for caravan, boat out back or multiple cars ( for the teenagers or party) in the front yard.

* Vegetable garden

* Garden shed

* Shed 10 x 7.5 approx powered with rainwater attached

* Easy care lush garden

With a price guide of Offers Over $979,000, this property offers exceptional value for its size, location and quality. Don't miss out on the opportunity to make this house your dream home.

Contact Rob today on 0403537580 to arrange a viewing and see all that this property has to offer.

Listing description written by Robert Bloxham, O'Neil Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2

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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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