Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Welshpool Road East
$2,075,000
Last sold
31 Dec 2024
3
Bedrooms
1
Bathrooms
60
Car spaces
17,000 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
$2,075,000
31 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,568/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
+107.6%
Median sale
Suburb $999,500
-1.87 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 17,000 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 17,000 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Haiven Property SouthLocated at the gateway to the Perth Hills, adjacent to picturesque Crystal Brook and only 15-kilometres southeast of the Perth CBD, this 1.7678-hectare landholding, zoned Rural Composite, is a tranquil oasis. It provides the fortunate buyer a place to live and work in effortless harmony and presents the ultimate lifestyle opportunity.
The existing three-bedroom, one-bathroom residence from the 1930s boasts charming period features, including timber floors, high ceilings, spacious living areas, ornate fireplaces, and inviting wrap-around verandahs. It is comfortably liveable for owner-occupiers or tenants.
Currently operating as an established and reputable garden centre with a provisional restaurant licence, the property has fertile, rich soil and organically managed, road-level land to grow high-quality fruit trees and vegetables. It also provides pure, abundant water of certified drinking quality. The bore has a 50,000-litre tank with an impressive 4.5 litres per second flow rate, giving reticulation to the entire property.
SHOWROOM/OFFICE:
•
Architectural showroom ideal for entertaining, functions, and events.
•
9-metre high ceilings supported by massive solid jarrah beams.
•
Concrete flooring.
•
Fully insulated roof coverings for year-round comfort.
•
Multiple windows and skylights provide abundant natural light.
•
Large timber and glass sliding doors leading into the idyllic conservatory.
•
Separate private and secure office.
CONSERVATORY:
•
Stunning light-filled conservatory with glass water wall.
•
Solid brick and tile construction.
•
Previously utilised as a gift shop.
GARDEN CENTRE:
•
Expansive garden centre with three shade houses for ideal growing conditions.
•
Fully reticulated.
•
Established organic orchards: apricot, fig, apple, plum, peach, nectarine, orange, lemon, mulberry.
•
Public toilet facilities.
• 60 on-site car bays.
SHEDS/ STORAGE:
• Two large weatherproof sheds towards the rear of the property.
Ideally situated in sought-after Wattle Grove, conveniently close to vibrant shopping, dining and entertainment hubs, sporting facilities, key transport links, picturesque parks, and leading schools, this is the perfect place for lasting memories.
Offering a range of residential, short-term accommodation, and commercial opportunities, please contact the exclusive selling agent, James Thompson, for the Information Memorandum to learn more.
Listing description written by James Thompson, Haiven Property South — reproduced as published, not verified by Districts.
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