Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
WA › Gwelup › North Beach Rd
$1,550,000
Last sold
23 July 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
729 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
23 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Gwelup (last 5 years) with land size have a median of $2,559/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gwelup
-6.3%
Median sale
Suburb $1,655,000
+0.19 pp
Gross yield
Suburb 2.87%
Suburb median $1,655,000 from 7 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 729 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 $913/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 729 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
Gwelup at a glance
5,676
People
$1,655,000
Median sale
$913/wk
Median rent
2.87%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thought Leaders Real EstateNick & Jo Proudly Present 692 North Beach Road
Brief: 4 bed | 3 bath | 2 car | Land: 728sqm
Method: For Sale By Closing Date Sale: All offers will be presented on the 30th July at 5:00pm (Sellers reserve the right to sell prior to the closing date)
Price: All Offers Presented
Settlement Terms: Negotiable
THE INTELLIGENCE:
Offered for sale for the very first time, this beloved and very large 4 bedroom,3 bathroom two-storey brick-and-tile home is absolutely immaculate throughout and offers quality low-maintenance "lock-up-and-leave" living on a large, elevated block with splendid tree-lined city glimpses from its raised vegetable patch at the top of the rear garden. A harmonious blend of style, functionality and ample room to grow awaits you and your loved ones here, from the moment you cross through the threshold. Step foot inside and be enveloped in an atmosphere of sophistication and comfort, where every corner whispers a promise of cherished memories that are waiting to be made. Let your dreams take flight from within the walls of this sublime family sanctuary!
Features include, but are not limited to:
• A large downstairs formal front lounge room with gorgeous double French doors for privacy, a striking character ceiling rose and gleaming wooden Bamboo floorboards
• Also on the ground floor is a central tiled family room that opens into a spacious and combined (open-plan) kitchen and dining area with ample custom storage options, sparkling granite bench tops and splashbacks, double sinks, a Qasair stainless-steel range hood, an Ilve six-burner gas-cooktop/electric-oven combination, a stainless-steel Miele dishwasher and pleasant views out to the backyard-lawn setting where the vegetable patch (and a garden shed) sit up above and a huge powered lock-up workshop shed with a roller door, a second garden shed and a delightful patio – and double stainless-steel wash troughs – can be found only inches away in various directions
• Double French doors opening into a huge games/activity room, off the central hub of the house
• Off the dining and kitchen space lies a massive tiled indoor-outdoor entertaining alfresco that will undoubtedly impress your guests with its cedar-lined ceiling, split-system air-conditioning for climate control, ample power points, access to the rear yard and a separate courtyard and full "second kitchen" with a barbecue nook, an industrial-size Qasair stainless-steel range hood, double sinks, more storage and another stainless-steel range hood servicing the DeLonghi gas-cooktop/oven setup
• Upstairs sleeping quarters for fantastic floor-plan separation, home to a 4th bedroom with full-height built-in wardrobes/storage/shelving, a fully-tiled main family bathroom with a shower, separate deep spa bath, a vanity and toilet, a large 3rd bedroom with full-height mirrored built-in robes, a spacious 2nd bedroom with full-height built-in robes/storage, a double linen press with additional over-head cupboards and a commodious front master suite – boasting separate fitted "his and hers" built-in robes, its own front balcony that captures morning sunlight and a lovely leafy aspect and a fully-tiled ensuite with an over-sized shower, a vanity, under-bench storage and a toilet
• A remote-controlled double lock-up garage with double roller doors, a large powered storeroom/workshop and internal shopper's entry
• Amongst the extras here are a tiled entry verandah with double French front doors, a fully-tiled ground-level laundry with heaps of storage, external/side access, double wash troughs and access into fully-tiled 3rd bathroom (with a shower, toilet and vanity), a Daikin ducted reverse-cycle air-conditioning system, CCTV security cameras, a ducted-vacuum system, electric and manual security window roller shutters, a Kocom A/V intercom system to the front door, security doors and screens, feature ceiling cornices and skirting boards, Italian porcelain floor tiling (including to the front verandah), a solar hot-water system, reticulation, neatly-tended front-yard lawns, a rear lemon tree and ample driveway and verge parking space
THE VISION:
Stroll to Primewest Gwelup Shopping Centre down the road, Lake Gwelup Primary School in the opposite direction and a host of bus stops, with the local day-care/early-learning centre also just around the corner. Don't forget about the very close proximity to the impressive Lake Karrinyup Country Club and golf course, Hamersley Public Golf Course, the freeway, Stirling Train Station, other top schools, beautiful swimming beaches and the new-look Karrinyup Shopping Centre and entertainment precinct. This is exactly where you want to be living, if space and convenience are what you seek!
Listing description written by Nick Luca, Thought Leaders Real Estate — reproduced as published, not verified by Districts.