Noranda at a glance
8,569
People
$1,172,500
Median sale
$698/wk
Median rent
3.10%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
$590,000
Last sold
10 July 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
729 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
$590,000
10 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Noranda (last 5 years) with land size have a median of $1,551/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Noranda at a glance
8,569
People
$1,172,500
Median sale
$698/wk
Median rent
3.10%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Noranda
-49.7%
Median sale
Suburb $1,172,500
+3.05 pp
Gross yield
Suburb 3.10%
Suburb median $1,172,500 from 46 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 729 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 $698/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 729 m² — that is not official geometry.
Nearby development pipeline
Area
Noranda at a glance
8,569
People
$1,172,500
Median sale
$698/wk
Median rent
3.10%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ross Realty WAA Corner Cracker!
Doubling as a fantastic opportunity to either retain and renovate or simply keep it as an astute investment property to reap some magnificent rental rewards, this charming 3 bedroom 2 bathroom brick-and-tile home is as solid as they come and comfortably sits on a large 729sqm (approx.) corner block that could potentially be developed into two separate lots if the house is eventually knocked down - subject to Western Australian Planning Commission and local council approvals, of course.
There is plenty of scope for you to add your own personal modern touches here - and then some. Welcoming you inside is a sunken and carpeted formal lounge where character brickwork, a ceiling fan and a built-in bar with wooden cabinetry are all graced by the presence of a carpeted formal-dining room just above.
A neatly-tiled open-plan family, meals and kitchen area doubles living options with more feature original brick walls, two ceiling fans and pantry storage complementing an integrated range hood, a ceramic hotplate and a separate oven for cooking. Off here and at the rear, a lovely pitched patio encourages covered outdoor entertaining, next to a second flat patio that also overlooks a private backyard setting with heaps of room for a future swimming pool or workshop, if you are that way inclined.
The future local train station is currently under construction and just a stone's throw away, with Noranda Primary School also only walking distance from your front door. Lush local parks, bus stops, other excellent schools, local shopping villages, the Galleria Shopping Centre, community sporting facilities and major arterial roads for seamless access to the city, Perth Airport and even our picturesque Swan Valley are also only minutes away in their own right for convenience. This is the chance you have been waiting for.
Contact Nigel Ross today to find out more about this "blank canvas" of a residence that can be whatever you want it to be!
Other features include, but are not limited to:
• Low-maintenance timber-look flooring to the bedrooms
• Built-in wardrobes
• Private master-ensuite bathroom with a shower, toilet and vanity
• Practical main bathroom with a separate bath and shower
• Separate laundry with a double storage cupboard and external access to the rear
• Skirting boards
• Security doors and screens
• Rear garden shed
• Double lock-up garage - with dual roller doors
• Built in 1984 (approx.)
Listing description written by Nigel Ross, Ross Realty WA — reproduced as published, not verified by Districts.
Nearby 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.