Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
WA › Wandi › Magnetic Way
$740,000
Last sold
14 May 2024
4
Bedrooms
2
Bathrooms
0
Car spaces
375 m²
Land
163 m²
Building
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
$740,000
14 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Wandi (last 5 years) with land size have a median of $2,056/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Wandi
-23.9%
Median sale
Suburb $972,000
+1.33 pp
Gross yield
Suburb 4.24%
Suburb median $972,000 from 25 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 375 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 $792/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 375 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
Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Estate AgentsHomes are selling super-fast in Wandi - in a median of six days according to REIWA data! So if you're
looking for an attractive, family-sized home for yourself or as an investment we suggest you view
this one ASAP.
It's had only one owner, who built the home in 2015 through Celebration Homes and has added a
host of useful extras - such as roller-shutters on the front windows a 4kW solar system and 5kW
inverter and a 10kW reverse-cycle, ducted, refrigerative airconditioning system - you'll be
comfortable all year round and the solar power will reduce the bills.
But is not all about the home's practicality, it's beautifully presented and well-maintained.
Step inside the front door and you'll delight in the high ceilings and large tiles in the wide hallway
that lead through to the heart of the home, a spacious light-filled open-plan living/dining/kitchen
area.
Here a family can come together, enjoying a chat while having a snack at the breakfast bar or
relaxing in front of the TV.
The stylish kitchen has stone benchtops, an island bench, underbench and overhead cabinetry,
900mm-wide oven, gas cooktop, dishwasher, pantry and large fridge recess.
A sliding door opens to a paved and covered alfresco are perfect for cosy family barbecues or larger
get togethers.
The home also has a theatre room, with dark walls and block-out blinds to enhance the movie
experience.
There are four bedrooms and two bathrooms.
The master is at the front of the home, where the roller-shutters ensure you aren't disturbed by light
or street noise - a great feature for shift workers. It has a walk-in robe and ensuite with shower,
vanity unit and separate toilet.
The other bedrooms are in their own wing towards the back of the home. All have built-in robes and
are near the main bathroom with bath, shower and vanity unit. The toilet is separate.
Rounding out the layout is the laundry with built-in storage.
Before you bid: https://www.beforeyoubid.com.au/reports/6-magnetic-way-wandi-wa-6167/building-pest
*Disclaimer: This document has bee prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information presented. Kim Turner Real Estate provides this information without any express or implied warranty as to its accuracy. Any reliance placed upon it is at the client's own risk. Kim Turner Real Estate accepts no responsibility for the results of any actions taken or reliance placed upon this document.*
Listing description written by Kim Turner, Turner Estate Agents — reproduced as published, not verified by Districts.