Leeming at a glance
11,692
People
$1,487,500
Median sale
$782/wk
Median rent
2.73%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
WA › Leeming › Gracechurch Cres
$1,200,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
700 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
Asking
$1,200,000
Asking · $1,714/m² of land
No recorded sale for this property.
Leeming at a glance
11,692
People
$1,487,500
Median sale
$782/wk
Median rent
2.73%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Leeming
-19.3%
Median sale
Suburb $1,487,500
+0.66 pp
Gross yield
Suburb 2.73%
Suburb median $1,487,500 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$56,841 on top of the price (4.7% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Leeming's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $782/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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Area
Leeming at a glance
11,692
People
$1,487,500
Median sale
$782/wk
Median rent
2.73%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Prowest Real EstateOriginally built as a premium display home for Belcrest Homes in 1982, it showcases the superior craftsmanship and thoughtful layout that display homes are famous for. It has been cherished by just one loving owner since it was a new display home. It is ready for some paint and decorating, but it is a huge home for the money and an incredible buy in this market, and make no mistake the owner said sell. (No silly offers please)
Banksia Park Primary School just a short walk away, as is Ernst Wilder Park and Melville Glades Golf Course. Nearby public transport makes a seamless commute straight into the city. Inside, the home a welcoming entryway leads to a big formal lounge and dining room, perfect for entertaining. The heart of the home features an open-plan casual living and meals area that serves as the family chill zone. For movie nights or winter relaxation, the big games room boasts a cozy slow-combustion wood heater where you can all snuggle up together. The four good-sized bedrooms offer ample storage for a growing family, and the watertight bathrooms ensure smooth morning routines. Meal prep is a breeze in the large kitchen.
While the property is largely original and ready for a more modern touch, it is spotlessly clean, fully functional, and move-in ready. With a little paint and your own personal style, you can easily transform this solid, value-packed property into your dream family haven. Don't let this perfectly located opportunity pass you by!
• 700 sqm
• West facing
• 1982 Display home
• 4 bedrooms
• 2 Bathrooms
• Formal Lounge and dining
• Casual living and meals
• Big games room
• Gas and slow combustion stove
• Ducted Evap cooling
• Gas and electric kitchen
• Outdoor entertaining area
• Big shed & Double garage
• Bore reticulation
• Walk to schools and golf
• Public transport and parks
* 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, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Don Asplin, Professionals Prowest Real Estate — reproduced as published, not verified by Districts.
Nearby 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.