Ascot at a glance
3,516
People
$1,343,000
Median sale
$682/wk
Median rent
2.64%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
WA › Ascot › Matheson Rd
$740,000
Last sold
27 July 2023
5
Bedrooms
2
Bathrooms
6
Car spaces
1,057 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
$740,000
27 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Ascot (last 5 years) with land size have a median of $2,069/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Ascot at a glance
3,516
People
$1,343,000
Median sale
$682/wk
Median rent
2.64%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Ascot
-44.9%
Median sale
Suburb $1,343,000
+2.15 pp
Gross yield
Suburb 2.64%
Suburb median $1,343,000 from 14 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 1,057 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 $682/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 1,057 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
Ascot at a glance
3,516
People
$1,343,000
Median sale
$682/wk
Median rent
2.64%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by ProProperty GroupOptions for the Future are here for INVESTORS and OWNER OCCUPIERS
The 2 duplex homes offered on this large 1057sqm site give the opportunity to start creating your lifestyle plans now.
Located in the tightly held area of the Ascot Racecourse zone, and within it's low density R10 building code PLUS being only 500 metres from the Swan River and the natural foreshore.
• Here is the chance to put a self managed investment fund to work straight away, while always having the great option of building a new family home located close to the river in years to come.
By looking at the brand new housing being built and developed in this serene location, this rare pocket of a suburb is becoming very impressive!
• 86A and 86B Matheson Rd, Ascot are both fully self contained duplex homes with their own large private backyards and spacious parking room out the front.
Built in double brick with tiled roofing, both homes require maintenance, upgrades and TLC but this financial investment has the potential to become time and renovation money being very well spent.
If you're on the lookout for property that has the potential for strong rental returns, while being offered at a price close to Land Value then consider the positives right here!
• 86A is 3 bedrooms in size, with a renovated bathroom at the rear.
You'll find a kitchen and casual dining area plus 2 living rooms which lead to the large backyard, with a secure lock up shed - the wide side vehicle access to this shed and backyard is terrific, plus the avocado tree is now in season!
• 86B is 2 bedrooms in size, with the one lounge room located at the front and a kitchen with casual dining at the rear- then go out into a backyard that is full of space, green with trees and ideal for outside entertaining.
Each home has individual power, water meters, their own mailing address plus separate bin collections from the City of Belmont, so the family options of a Granny Flat, Teenager retreat or Student / FIFO accommodation are definitely here, while leasing out both of these Duplex homes can have the potential to become a positive geared investment strategy.
• Ascot , with the Swan River location, easy access to the City, Optus Stadium and Crown Resort is becoming the prime suburb that now boasts fantastic new infrastructure of the Tonkin Hwy Gap project, the new Airport Link and Railway station, while being just the short drive away from historic Guildford and the wonderful vineyards of the Swan Valley.
• Start exploring all these location positives now by calling Sean Posner for more details about these 2 homes on this premium sized land, and then arrange your private walk through!
04111 46430 or email sean@propropertygroup.com.au
Listing description written by Sean Posner, ProProperty Group — reproduced as published, not verified by Districts.