Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Greenmount › Alandale Rd
$385,000
Last sold
30 Nov 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
913 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
$385,000
30 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Greenmount (last 5 years) with land size have a median of $573/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Greenmount
-56.0%
Median sale
Suburb $875,000
+4.61 pp
Gross yield
Suburb 3.62%
Suburb median $875,000 from 28 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 913 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 $609/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 913 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
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthAppealing to an array of buyers who are keen to add their own influences to the light filled split level layout. This 'sold as is' property offers unrivalled potential within close proximity to all conveniences.
Situated in a very sought after cul de sac location, this home is in need of new owners to either renovate the property or demolish the house and build their dream home. With a massive 913m2 block, the possibilities are endless with this one.
Built in the timeless architectural style of Mid Century Modern, the front of the home presents very well to the more discerning buyer. Step through the front door and you are instantly greeted by the spacious open lounge area that looks out on to the expansive front yard. This area flows through to the games room complete with a funky bar perfect for entertaining friends and family. There is a slow combustion wood fire and a wall unit air conditioner to regulate the temperature of this spacious room all year round.
Going up a few stairs from the lounge leads you to the meals area and open plan kitchen complete with a breakfast bar. A glass sliding door allows access to the outside patio area at the back of the home. There is a storage room adjoining the patio with a large backyard stretching out behind this undercover patio. An old, fully fenced pool plus a large area of grass take up this area and with some love and attention, could make a fantastic space for entertaining on those long Summer nights.
The three large bedrooms, the main bathroom and a jumbo sized laundry are all housed down a central hallway leading from the kitchen. Two of the three bedrooms feature wall to wall built in sliding door robes for added storage.
There is so much potential with this property. The home definitely needs a lot of tender loving care but with the right buyers it could be restored to a fantastic family home. At this price though, you could demolish the house and build a massive dream home with all the bells and whistles and still have room for all of the extras a modern family requires.
. Here are some of the many features on offer in this home;
-Massive 913m2 block
-Mid Century Modernist architectural style of home
-Large formal lounge room
-Spacious games room with wood fire and wall air conditioner
-Open plan kitchen and meals area
-Large laundry with a door to outside
-Bathroom has a shower, a bath and a step up to the vanity
-Bedrooms one and two have built in robes
-Expansive backyard with garden shed plus a storage room
-Backyard has a fully fenced old pool plus a large grassed area
-St Anthony's Catholic Primary School is within walking distance
-Greenmount Primary school is a short stroll away
-Swan View High School is five minute drive by car
-Midland Gate Shopping Centre is only 5km away
NOTE: The pool is not in use and will require fixing or removal. The entire property is sold "as is" so the new buyer can repair and restore the home or knock it down and build thier dream home.
This one won't be around for long in the current market so make sure you add this to your 'must view' list this weekend.
Please call Shane Schofield on 0448 070 990 to arrange an appointment to view or come along to the home open.
If you are thinking of selling and would like to have a complimentary appraisal completed on your property, please call me anytime.
#SELL WITH SHANE
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 Shane Schofield, The Agency Perth — reproduced as published, not verified by Districts.