Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
WA › Greenwood › Dericote Way
$618,500
Last sold
24 Mar 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
702 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
$618,500
24 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Greenwood (last 5 years) with land size have a median of $1,448/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Greenwood
-46.2%
Median sale
Suburb $1,150,000
+2.92 pp
Gross yield
Suburb 3.40%
Suburb median $1,150,000 from 55 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 702 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 $752/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 702 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
Greenwood at a glance
10,764
People
$1,150,000
Median sale
$752/wk
Median rent
3.40%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateLocated in a whisper quiet street, only a short walk to the local shops and schools, this spacious 3 bedroom home with multiple living areas and pool backs onto a small park. It is the perfect starter home or for the serious investor or developer.
Features of the property include:
• Large 702sqm level block with a 22.1m frontage.
• Multiple living areas: The front lounge room leads off of the front entry foyer and connects onto a sitting area. Double French doors then flow onto a meals/ dining area and a huge living room that overlooks the sparking pool and tree tops of the parklands behind. The large patio offers a great place to entertain whilst the poolside gazebo provides a peaceful spot to sit and enjoy the pool.
• The centrally positioned kitchen has ample cupboards, along with under bench electric oven, gas cooktop, dishwasher and heaps of room for a large fridge/ freezer.
• Master bedroom is ample in size and includes a split system air conditioner and built in robes. The two minor bedrooms are nearby and also include built in robes
• The bathroom has floor to ceiling tiling and includes a vanity, shower and bath tub. The separate toilet is nearby as is the laundry which has excellent built in storage. A linen cupboard is located in the hallway.
• The large fibreglass pool is fully fenced and is the ideal way to enjoy our summer weather.
• Other features include a split system reverse cycle air conditioner to the living room and a cooling air conditioner to the front lounge along with a gas bayonet and ceiling fans to nearly every room of the home.
• Solar panels for cheaper electricity.
• Reticulated grounds, garden shed a gate on the back boundary fence for convenient access to the parklands.
• A very short walk to nearby shops, restaurants and medical services.
• Schools and public transport are close by.
Zoned R20/40, this smart property offers so many options for now or for the future. Ensure you register your interest with Julie Vincent on 0403 809 445 or email to Julie.vincent@peard.com.au to arrange a viewing.
Listing description written by Julie Vincent, Peard Real Estate — reproduced as published, not verified by Districts.
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