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WA › Myaree › Welby Pl

7 Welby Pl, Myaree WA 6154

House

$1,121,000

Last sold

16 Mar 2022

5

Bedrooms

2

Bathrooms

2

Car spaces

779 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,121,000 (16 Mar 2022).(Recorded sale)
  • FactLand 779 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Myaree (last 5 years) with land size: median $2,181/m² of land (n=39). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,121,000

16 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Myaree (last 5 years) with land size have a median of $2,181/m² of land (n=39). Districts calculation from recorded sales — not a valuation.

Myaree at a glance

3,004

People

$1,427,500

Median sale

$844/wk

Median rent

3.07%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Myaree report →

Vs Myaree

-21.5%

Median sale

Suburb $1,427,500

+0.85 pp

Gross yield

Suburb 3.07%

Suburb median $1,427,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,121,00016 Mar 2022
  2. Listedprice unknowncompleted9 Feb 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 779 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $844/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 779 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Myaree in one glance

Myaree at a glance

3,004

People

$1,427,500

Median sale

$844/wk

Median rent

3.07%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Myaree report →

Keep researching

  • Why Myaree? Read the area thesis →
  • What else is on the market in Myaree →
  • Other records on Welby Pl →

Listing material

Listed by Yard Property

UNDER OFFER BY SIOBHAN MICALE - Peaceful by the Park: Timeless Family Home

On the Alfred Cove border with a park two doors down and walking distance to the river, this generous brick and iron home is perfectly located for family living. All on one level, on a spacious 779 sqm block with a north-facing alfresco, theatre room, study/home office, a flexible additional room for work or play, and a backyard with room for ball games or a pool, it's easy to configure in the way that works best for you. It's a leafy and quiet neighbourhood, but close to everything you need: shopping at the local supermarket or Westfield Booragoon, easy access to transport, and a stroll to Mel Maria and Booragoon primary schools.

Beyond a terraced front garden and a magnificent tree on the verge, this home opens to newly sanded and re-finished solid jarrah floors and freshly painted white interiors. A carpeted theatre room serves as a second living area, with expansive northern windows, and there is also a study/home office near the entry. The air-conditioned master suite overlooks the front garden, separate from the bedroom zone at the other side of the home. There, another four bedrooms, all have ceiling fans, built-in robes and brand-new blinds. The family bathroom is cleverly configured for kids of all ages, with a separate vanity room, separate toilet, and bathroom with vanity, shower and bath.

At the heart of the home is the open-plan white kitchen, with a big stainless steel range and walk-in pantry, all flowing to the living and dining space, opening north to the high-walled alfresco. The timber deck wraps around three sides of the home, and the backyard is a blank canvas with plenty of space and two sheds. There is fantastic potential here to create leafy garden zones, grow veggies in the sun, or add a pool if you wish. On the northern side, the exterior gate to the deck is a real bonus, leading down to an air-conditioned activity room, with its own sliding doors to the deck, which would be ideal as another home office, kids playroom or for a home business with its own separate access. In addition, an alcove behind the kitchen would be a great homework zone for easy supervision.

Read the full description

The earthy brick and iron exterior is simple and timeless; the interiors are spacious and flexible with the possibility to add your own touches, and the location is serene but central, by the park in the river precinct around Alfred Cove. This is an ideal opportunity to make a forever family home your own.

5 bedrooms 2 bathrooms 2 cars 1 study 1 theatre room

• 2007 built contemporary brick and iron family home

• Jarrah floors, fresh white interiors, high ceilings

• Theatre room, study, new blinds in all bedrooms

• Work from home: independent side access to flexible room

• High-walled northern alfresco, wraparound timber deck

• Backyard with room for kids to play and space for pool

• Large laundry and very practical family bathroom in 3 zones

• Secluded master-suite overlooking front garden

• Air-conditioning, ceiling fans, gas bayonet, two sheds

• Two doors down from park/playground

• Walk to Mel Maria and Booragoon Primary; Applecross High catchment

• Spacious 779 sqm block

Location (approx. distances):

• 200m to Mel Maria Primary School

• 200m to Otherside Brewery

• 400m to North Lake Road IGA

• 450m to Marmion Reserve

• 800m to Melville Bunnings

• 1km to the Swan River

• 1.6km to Applecross Senior High School

• 1.7km to Westfield Shopping Centre

• 4.5km to Fiona Stanley Hospital

• 3.3km to Murdoch University

• 6.5km to Fremantle

• 10km to Perth CBD

Listing description written by Siobhan Micale, Yard Property — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.