Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
WA › Drummond Cove › Slipknot St
$575,000
Last sold
20 Feb 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
594 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
$575,000
20 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Drummond Cove (last 5 years) with land size have a median of $814/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Drummond Cove
-16.1%
Median sale
Suburb $685,000
+0.90 pp
Gross yield
Suburb 4.74%
Suburb median $685,000 from 47 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 594 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 $624/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 594 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
Drummond Cove at a glance
1,923
People
$685,000
Median sale
$624/wk
Median rent
4.74%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthNOW UNDER OFFER
Located in the heart of Drummond Cove , 7 Slipknot Street stands as a testament to thoughtful design and enduring craftsmanship. Originally envisioned as a forever home by its meticulous creators, the property exudes a blend of elegance and functionality that invites you to embrace a lifestyle of comfort and tranquility.
As you step into this meticulously crafted abode, a spacious living area seamlessly connects with a well-appointed kitchen, harmoniously extending into an outdoor entertaining space that beckons for gatherings and relaxation. The convenience of side access to a shed adds practicality to this charming home, while the proximity to a sprawling park, akin to a football oval, enhances the allure of the surroundings.
THINGS YOU SHOULD KNOW
This home offers an opportunity for a fortunate new owner to revel in the splendid features it presents, with no additional investments required. Immerse yourself in the invigorating atmosphere, savor the living spaces, and feel the warmth and love that envelop this family retreat.
A prime location near the beach, a well-equipped shed, and peaceful outdoor sitting and entertaining areas create an ideal haven for those seeking a quintessential Australian lifestyle.
The home boasts three generously sized bedrooms, flooded with abundant natural light. The master suite indulges with a vast walk-through his and hers robes, an expansive ensuite featuring a raindrop shower head, and a separate toilet with a door for added privacy.
The open-plan design of the main living area and kitchen seamlessly extends to a charming undercover outdoor entertaining space along the southern boundary, creating an inviting atmosphere for gatherings.
For those desiring extra privacy, a separate theatre room awaits, complete with a bulkhead ceiling and double French doors to enhance your cinematic experience. Enjoy your favorite movies or sporting events in a secluded setting.
Ample room for a caravan and direct street access to a workshop shed with concrete flooring and driveway. The powered shed provides practical space with reasonable clearance.
The landscaped grounds are designed for low maintenance, allowing you to enjoy the parklands view from your front sitting areas.
A leisurely 900-meter stroll will take you to the beach, offering an optimal distance for invigorating morning or evening walks.
The home is equipped with solar panels and a split-system air conditioning system in the main living area, ensuring both environmental consciousness and comfort.
INTERESTED?
Please contact Joel Winkley from The Agency on 0417 977 593 or email joelw@theagency.com.au to book all viewings and to make all offers. We look forward to assisting you to buy this home today :)
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Joel Winkley, The Agency Perth — reproduced as published, not verified by Districts.