Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
WA › Gelorup › Olearia Ct
4
Bedrooms
2
Bathrooms
2
Car spaces
3,597 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 Gelorup (last 5 years) with land size have a median of $194/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 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 3,597 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 $770/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 3,597 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
Gelorup at a glance
2,313
People
$1,350,000
Median sale
$770/wk
Median rent
2.97%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate South West BunburyThis stunning newly built home is situated in a quiet cul-de-sac in a new 15 lot subdivision in Gelorup, and its now ready for your family to move into.
The owners have really thought the location of the house on this lot so they get the best use of the entire property. There has been no expense spared in creating limestone retaining walls that give you an elevated view across the subdivision, which blends into the surrounds and also keeps that great country feeling. The home has been constructed to the rear of the property so there is still room for a workshop or pool.
Perfect for any sized family, this huge home is an entertainer's delight! On offer in this executive home is an open kitchen area. The long stone bench top is impressive and works well as a breakfast bar for all of the family. The cook of the family will also be impressed with, not only the large bench space to work on, but also amount of cupboards, pantry and the walk-in scullery. The dining room and living room are joined giving this area of the home plenty of space for family gatherings and entertaining. There is a separate lounge area with raked ceilings and large windows and is the perfect place to sit and relax while watching your favourite program or sporting event.
Everyone will be happy with 4 large bedrooms in this home. With the main bedroom being a classy masterpiece with an extra-large walk in robe, a large double shower, floor to ceiling tiles and a large bath perfect for relaxing. The other 3 bedrooms are all spacious with built in robes, carpets and bedroom 2 and 3 open onto an activity room. The second bathroom is also a good size with a large shower and easily accessible by these bedrooms. For your absolute comfort the property also has ducted air-conditioning throughout.
The main family areas have large widows so you can take in the beautiful treed surroundings along with the birds and wildlife and a set of recessed doors opens up onto an outdoor alfresco area ideal for entertaining your family and guests or just sitting back relaxing.
If you like to work from home you will be very happy with the feel you get from home office and the very relaxing views on offer.
The features, fixtures and fittings are of the highest quality, with the doorways throughout this property an impressive 2.34 in height and the ceilings are 31 courses. These features help highlight the large open plan living areas and along with the raked ceilings and large windows in both living areas, this home is very spacious and has the wow factor.
Only 15 minutes away from Bunbury, this property is located moments away from quality Schools, Dalyellup Shopping Centre, supermarkets, local cafes and a short drive to Dalyellup Beach. Allowing the best of both worlds, you can relax into your country lifestyle and enjoy the benefits of the city at your doorstep.
All sitting on a 3,597sqm country style block, with ring-lock fencing.
If you were to try and build this property now it could take you 2 years to complete, but you have the opportunity to be in this brand new Dale Alcock built home, by Christmas.
Listing description written by Mick Caddy, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.
Also look at