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WA › Midland › Mathoura St

1/13 Mathoura St, Midland WA 6056

For saleUnit

$699,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 20 July 2026)
  • CalculationAsk is 1% below the Midland median recorded sale ($709,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Midland's advertised median rent ($601/wk), implied gross yield would be 4.47% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$699,000

Asking

No recorded sale for this property.

Midland at a glance

6,940

People

$709,000

Median sale

$601/wk

Median rent

4.41%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Midland report →

Vs Midland

-1.4%

Median sale

Suburb $709,000

+0.06 pp

Gross yield

Suburb 4.41%

Suburb median $709,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,143

$31,143 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Midland's advertised median rent — not a rent for this listing.

Net yield
2.97%
Annual cashflow (pre-tax)
$-15,581
Interest cover (DSCR)
0.57
Annual rent
$31,252
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
4.47%

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.

Open the full yield calculator →

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. Listed$699,000available20 July 2026

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. 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 $601/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

Gross yield if leased at the suburb aggregate is 4.5%. 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

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.

  • 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

Midland in one glance

Midland at a glance

6,940

People

$709,000

Median sale

$601/wk

Median rent

4.41%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Midland report →

Keep researching

  • Why Midland? Read the area thesis →
  • What else is on the market in Midland →
  • Other records on Mathoura St →

Listing material

Listed by Rightly.Realestate

Renovated, Stylish & Move-In Ready – No Strata Fees!

Whether you're looking for your first home, downsizing, or adding a quality investment to your portfolio, Unit 1/13 Mathoura Street, Midland offers the perfect blend of modern comfort, low-maintenance living, and an unbeatable location.

Just renovated throughout, this beautifully presented three-bedroom, two-bathroom home is ready for you to move straight in and enjoy. From its attractive street frontage to the fresh interiors, every detail has been thoughtfully updated to create a stylish and welcoming home.

The heart of the home is the spacious open-plan living, dining, and kitchen area, offering plenty of room for everyday family living and entertaining. The modern kitchen features a pantry, 600mm cooktop and oven, ample storage, and a practical layout that overlooks the living space.

Read the full description

Both bathrooms have been tastefully renovated, while fresh paint, LED lighting, tiled living areas, and quality carpets in the bedrooms create a contemporary feel throughout. Comfort is ensured year-round with reverse-cycle split-system air conditioning, while an alarm system provides added peace of mind.

Step outside to the private alfresco area, complete with an attractive epoxy-coated concrete finish, making it an ideal space for entertaining or simply relaxing. The low-maintenance design means you can spend more time enjoying your home and less time maintaining it.

Features You Will Love_

_Two fully renovated bathrooms

_3 Bedrooms all with BIR's

_Attractive front façade

_No strata fees

_Spacious open-plan living and dining area

_Modern kitchen with pantry and 600mm appliances

_Reverse-cycle split-system air conditioning in living area

_Alarm security system

_LED lighting throughout

_Tiled living areas

_Freshly painted throughout

_Quality carpets in all bedrooms

_Private alfresco with epoxy-coated concrete

_Low-maintenance lifestyle

_Ideal for first-home buyers, downsizers, or investors

Fantastic Location:

_Midvale Primary School – 500m

_Midland Gate Shopping Centre – 1.2km

_Curtin University Midland Campus – 1.8km

_Helena River Steiner School – 1.9km

_St John of God Midland Public & Private Hospitals – 1.9km

_Swan Regional Recreation Park – 2.1km

_Coal Dam Park & Helena River – 2.6km

_Guildford Grammar School – 4.7km

_Historic Guildford precinct – 5.6km

Move-in ready homes with no strata fees, quality renovations, and this level of convenience are becoming increasingly hard to find. Don't miss your opportunity to secure this outstanding Midland property.

To schedule a viewing, contact Jeet at 📲 0433729711 or via email at Jeet@rightlyre.com.au.

Disclaimer: The information and photographs presented on this website are provided for general information purposes only and should not be considered a representation of the vendor or agent. The details, opinions, and publications available on this website are meant to offer general insight and should not be considered legal, financial, or real estate advice. Users are encouraged to seek their own legal, financial, or real estate counsel when necessary. While every effort is made to ensure the accuracy and currency of the material, we do not guarantee its completeness or reliability. Independent professional advice should be obtained based on your specific circumstances before making any legal, financial, or real estate decisions.

Listing description written by Jeet Singh, Rightly.Realestate — 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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