Marmion at a glance
2,621
People
$2,382,500
Median sale
$988/wk
Median rent
2.16%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
$505,000
Last sold
29 Mar 2019
0
Bedrooms
0
Bathrooms
0
Car spaces
360 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
$505,000
29 Mar 2019 · derived via latest_sale
Marmion at a glance
2,621
People
$2,382,500
Median sale
$988/wk
Median rent
2.16%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Marmion
-78.8%
Median sale
Suburb $2,382,500
+8.01 pp
Gross yield
Suburb 2.16%
Suburb median $2,382,500 from 6 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 360 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 $988/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 360 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
Marmion at a glance
2,621
People
$2,382,500
Median sale
$988/wk
Median rent
2.16%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Davey Real Estate PadburyEnd Date Sale: all offers presented 28/02/19. Seller reserves their right to accept an offer prior to the end date.
Suit buyers above $499k
Do not miss the chance to build your dream future home on this 360sqm block that boasts a generous 12-metre frontage and is nestled within easy walking distance of the beach, West Coast Drive and the popular Marmion Angling and Aquatic Club.
Approved plans are already in place for a proposed two-storey residence with a secure garage, storeroom and alfresco entertaining. There are even splendid ocean glimpses down Bettles Street for you and your family to potentially enjoy.
The property is also just metres away from the sprawling Braden Park, is close to Marmion Primary School and Marmion Village Shopping Centre and falls within the sought-after Carine Senior High School catchment zone.
All of the tools have been supplied to you here. Now it's time to get construction under way!
WHAT YOU NEED TO KNOW
- R20 zoning
- 12m frontage
- Ocean glimpses
- Plans approved for a proposed two-storey residence
HOW BIG?
- 360sqm block
PEACE OF MIND
- It's all about location and lifestyle here, with your dream future residence to be perfectly positioned close to the beach, MAAC, Braden Park, schools, shopping, cafes, restaurants, public transport, the freeway, golf courses and Hillarys Boat Harbour - there really is no better place you would want to live!
Contact Phil Pope now to find out more about this golden opportunity. The coast is clear for you!
Disclaimer - Whilst every care has been taken in the preparation of this advertisement, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged make their own enquiries to satisfy themselves on all pertinent matters.
Listing description written by Phil Pope, Davey Real Estate Padbury — reproduced as published, not verified by Districts.