North Beach at a glance
4,181
People
$2,100,000
Median sale
$756/wk
Median rent
1.87%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
WA › North Beach › Sorrento St
4
Bedrooms
2
Bathrooms
2
Car spaces
1,437 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in North Beach (last 5 years) with land size have a median of $4,225/m² of land (n=20). Districts calculation from recorded sales — not a valuation.
North Beach at a glance
4,181
People
$2,100,000
Median sale
$756/wk
Median rent
1.87%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
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 1,437 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 $756/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 1,437 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
North Beach at a glance
4,181
People
$2,100,000
Median sale
$756/wk
Median rent
1.87%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Duet PropertyOFFERS BY 4PM AUGUST 5, 2024
(The Seller/s reserve the right to accept an Offer prior to the closing date without notice)
THE FEATURES YOU WILL LOVE
Just 600 metres from the ocean and with the ideal north facing rear backing onto Star Swap Reserve, this colossal 1437m2 landholding with a generous 20.12m frontage comes with a bonus duplex pair and subdivision potential (subject to all necessary approvals). There are so many options here; to landbank in a rising market, with two existing dwellings, strong population growth and low vacancy rates, to build your dream home on this vast, estate sized lot, or to explore the possibility to subdivide in an area of such strong demand and pristine natural beauty.
THE LIFESTYLE YOU WILL LIVE
With the beach so close to the west and acres of Class A bushland reserve to the east, development sites in locations of this calibre are becoming scarce and highly sought after. The number of stylish, modern homes nearby demonstrating the stature in which this area is held. Just metres from North Beach Primary and central to Our Lady of Grace Primary, Carine SHS and the bustling restaurants, cafes and shopping precincts of Flora Terrace and North Beach Shopping Centre - the lifestyle enjoyed by Sorrento Street locals is the envy of many. This is a vibrant, outdoor community where the streets are dotted with Peppermint trees and there is always someone walking to, or from, the whitest of beaches nearby.
THE DETAILS YOU WILL NEED
City of Stirling Rates: $3947.47 (Combined for both lots)
Water Corporation Rates: $2513.04 p.a (Combined for both lots)
Combined Land Area: 1437m2 (approx)
Strata Fees: Residential Strata Insurance Plan only = $1770.67 p.a. (Combined for both lots)
Zoning: Residential R20
Please note: The properties 69 & 69a Sorrento Street (being Lot 1 and Lot 2 on Strata Plan 6226) are offered for sale concurrently, with the buyer thereby having the opportunity to acquire both lots and all common property comprising a total of 1437m2.
69a Sorrento Street (Lot 2 on Strata Plan 6226) is being sold with an existing Residential Tenancy Agreement. 69 Sorrento Street (Lot 1 on Strata Plan 6226) is offered for sale with vacant possession.
Listing description written by Greg Williams, Duet Property — reproduced as published, not verified by Districts.
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