Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
WA › Forrestfield › Mallee Way
$683,000
Last sold
1 Oct 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
700 m²
Land
167 m²
Building
Districts View
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
$683,000
1 Oct 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Forrestfield (last 5 years) with land size have a median of $1,113/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Forrestfield
-22.8%
Median sale
Suburb $885,000
+1.21 pp
Gross yield
Suburb 4.07%
Suburb median $885,000 from 60 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 700 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 $693/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 700 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
Forrestfield at a glance
15,153
People
$885,000
Median sale
$693/wk
Median rent
4.07%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroProudly positioned in the heart of the thriving suburb of Forrestfield, located on a fantastic loop street that benefits from all the local amenities on offer. There are big nearby parks, schools, upgraded shopping facilities and seriously great public transport options that are all close at hand. This gorgeous four bedroom one bathroom home has recently been repainted, freshly recarpeted AND has the incredible potential to subdivide with a retain and build design too (subject to relevant approvals)!
Inside the home has multiple living areas. There is a frontal lounge room to great the guests with tinted windows for privacy, four comfortable bedrooms and a fantastic larger kitchen that overlooks your second living space and formal dining zone. With expansive bench tops, gas cooking and plenty of storage options this is the ultimate chef's delight.
The bedrooms are comfortably proportioned too, with tinted windows and fans for cheap climate control. They have been professionally repainted and have brand new carpets. A buyer can feel comfortable knowing they can move the family right in with nothing that needs immediate attention.
Out the back there is space galore! Currently there are dual patios for sheltered entertaining, with plenty of extra room to build your dream pool/workshop combo. There is side access through the carport that provides a direct connection from the front of the home straight through to the rear. Room for the kids, room for the pets and room for all your toys!
LASTLY, thanks to this large 700 sqm block with R20/40 zoning there are great options here for your future. A savvy buyer could potentially do a retain and build duplex design to keep the original 4 bedroom home and build a new home at the back OR you could possibly create a triplex site if development really takes your fancy. This home suits the first home buyers, investors, developers, families both young and old, large or small. It really is an extraordinary property combo.
Bonus Features Included:
- Awesome Four bedroom one bathroom home
- Built in 1978
- Multiple light filled living spaces
- New semi frameless shower
- Ducted air conditioning throughout
- Downlights
- Fans to the bedrooms
- Gas connected for heating
- Two outdoor patios for entertaining
- Repainted, refloored, refreshed. Inside and Out.
- 700 sqm block
- Zoned R20/40 which provides subdivision potential
Want to find out more? Call your friends in realestate The Mitchell Brothers today:
Alex Mitchell 0404 122 943
Nick Mitchell 0415 833 131
Water rates: $1,206.84 p/a (approx.) - For period 01/07/2023 to 30/06/2024
Council rates: $2,126.86 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Nick Mitchell, Porter Matthews Metro — reproduced as published, not verified by Districts.