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WA › Oakford › Craddon Rd

62 Craddon Rd, Oakford WA 6121

House

$1,250,000

Last sold

20 Apr 2020

5

Bedrooms

2

Bathrooms

8

Car spaces

32,293.914 m²

Land

330 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 $1,250,000 (20 Apr 2020).(Recorded sale)
  • CalculationLand 32,294 m² against a 330 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Oakford (last 5 years) with land size: median $58/m² of land (n=37). 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

$1,250,000

20 Apr 2020 · derived via latest_sale

Local land rate: recorded House sales in Oakford (last 5 years) with land size have a median of $58/m² of land (n=37). Districts calculation from recorded sales — not a valuation.

Oakford at a glance

3,323

People

$1,677,500

Median sale

$692/wk

Median rent

2.15%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Oakford report →

Vs Oakford

-25.5%

Median sale

Suburb $1,677,500

+0.73 pp

Gross yield

Suburb 2.15%

Suburb median $1,677,500 from 16 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$1,250,00020 Apr 2020
  2. Listedprice unknowncompleted24 Dec 2019

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 32,294 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 $692/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 32,294 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

Oakford in one glance

Oakford at a glance

3,323

People

$1,677,500

Median sale

$692/wk

Median rent

2.15%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Oakford report →

Keep researching

  • Why Oakford? Read the area thesis →
  • What else is on the market in Oakford →
  • Other records on Craddon Rd →

Listing material

Listed by Acton | Belle Property Coogee

UNDER OFFER WITH DAVID PICKERING

Sitting on a whopping 8 ACRE block, nestled away from the road and neighbours is this refurbished, remarkable family home. Complete with an enclosed 230sqm under cover party/pool/bar zone, you'll be looking for reasons NOT to have the next 20 years of family gatherings at yours!

The timeless red brick and white trim facade is a truly striking sight to behold as you pull through the electric gates and down the winding sealed driveways that roll all the way to the rear of the building envelope. Here you'll find not only space for trucks and toys but a total of almost 350 square meters of 3 phase 'sheds' if you can use that slur to describe them. They're more like air craft hangers and the current owners are making great use of them to run their business from home. You'll find them quite accommodating with a mezzanine level and office space as well as air conditioning.

Why rent a separate commercial site for your business when you could run it from home!

Read the full description

Stand out features include;

- Sealed red bitumen driveways from front to back

- Solar passive design with expansive verandahs to keep the summer sun at bay and the home cool as a cucumber

- Soaring vaulted ceilings to the central hub of the home

- Architecturally designed sky-windows to allow in maximum light and minimum heat

- Four living areas including a sunken theatre, activity area, family area flowing outside and plumbed games room overlooking the day's proceedings

- Ducted reverse cycle air conditioning throughout

- Bi-fold doors engage that indoor-outdoor design that everyone loves

- A sizeable Jarrah focused kitchen with stylish ILVE oven overlooks the bar/pool area; meaning the girls can chat while the kids play in plain sight

- Master suite with renovated ensuite, walk in robe and wide entry

- Large double rooms all with robes

- And the piece de resistance, a fully enclosed, 230 square meter, gabled entertaining area; complete with ample seating space, frame less glass and an electric heated pool!

- Adjoining this area is a well-lit double door entry games room boasting a kitchenette and toilet

PROPERTY INFORMATION

Council rates: Approximately $2,700 per annum

Water rates: N/A

Block size: 7.98 acre

Zoning: Special Rural

Build year: 1998

Dwelling type: House

House Plans: Yes

INFORMATION DISCLAIMER: This document has been 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 judgement about the information included in this document.

Listing description written by David Pickering, Acton | Belle Property Coogee — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Pool
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.