Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
WA › Coolbinia › Armadale Cres
$1,550,000
Last sold
22 Nov 2018
4
Bedrooms
4
Bathrooms
6
Car spaces
888 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
$1,550,000
22 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Coolbinia (last 5 years) with land size have a median of $2,055/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Coolbinia
-26.8%
Median sale
Suburb $2,117,500
+0.60 pp
Gross yield
Suburb 1.66%
Suburb median $2,117,500 from 10 recorded sales (last 24 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 888 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 $675/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 888 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
Coolbinia at a glance
1,905
People
$2,117,500
Median sale
$675/wk
Median rent
1.66%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by EQ Realty65 Armadale Crescent is Mediterranean style family mansion custom designed by Leon Spiccia in 1982. Perched on 888sqm of Prime Coolbinia Real Estate this original 4-bedroom 4 bathroom PLUS home office or 5th bedroom with separate entry, has been loved and lived in by one family who has enjoyed its space, natural light and functionality.
You could say that it’s the 9ft ceiling heights, generous entertaining areas, wide passages, practical space and loads of parking that makes this home unique but it’s the family who has lived there that says it’s all about the connectivity and flow.
The kitchen is family central and the heart of the home both in position and in sentiment. The combination of open plan informal living combined with formal areas made entertaining a dream, where lifelong friends were made, and family joined together to celebrate those special times.
The well zoned floorplan accommodates all personality preferences and you could enjoy a quiet nap in the private back garden while the rest of your family were watching the footy in a games/theatre room with built in bar big enough to invite the whole neighbourhood!
“Everyone had their own space’ said the owners and it didn’t happen without a lot of thought. The brief to the architect was space, light and flow.
With balconies and full height windows from the entertaining areas to a dumbwaiter that connects the garage to the kitchen with a press of the button, this Coolbinia residence is practical and grand, oozing such potential and will suit a family wanting 'the' address, more accomodation and a lifestyle without becoming a slave to the garden.
Extra features include:
1. Supersized bricked backyard shed
2. A combination of ducted reverse cycle air conditioning with split systems throughout
3. Bore reticulation to the front and mains at the rear
4. Salt chlorinated pool
5. Solar hot water system
6. Internal sensor and perimeter security system
7. Ducted vacuum
Don’t miss this opportunity to live in one of Perth’s most prestigious and central locations, ready to move in as is or take your time adding your own personal cosmetic touch!
Call or email me now to register your interest, ask any questions or book a private viewing :)
Listing description written by Erit David, EQ Realty — reproduced as published, not verified by Districts.