Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
WA › Millars Well › Mears Ct
$525,000
Last sold
9 Apr 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
720 m²
Land
129 m²
Building
Districts View
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
$525,000
9 Apr 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Millars Well (last 5 years) with land size have a median of $990/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Vs Millars Well
-27.1%
Median sale
Suburb $720,000
+2.68 pp
Gross yield
Suburb 7.22%
Suburb median $720,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data temporarily unavailable
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 720 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 (source_error). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $1,000/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 720 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 (source_error). 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
UnknownNo DA adapter returned applications 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
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark KarrathaWhat to love
Come on into a welcoming retreat! Nestled on a spacious 720m² corner block in a quiet cul-de-sac, this 3-bedroom, 1-bathroom gem offers the perfect blend of charm, comfort, and convenience. Located close to parks, schools, and local amenities, it’s an ideal home for families, investors or anyone looking to enjoy the best of Karratha living.
Property Highlights:
• Spacious Interiors:
Step into a warm and inviting lounge with recessed lighting that highlights the amber-toned tiling, creating a cozy yet expansive living space.
• Functional & Retro Kitchen:
Through an arched doorway, you'll find a kitchen full of character with ample counter space, cupboards, and delightful retro touches.
• Generously Sized Bedrooms & Study:
Down the hallway, discover three great-sized bedrooms, each featuring built-in wardrobes, split-system air conditioning, ceiling fans, and large windows to capture the abundant natural light. A spacious study adds flexibility for work-from-home or creative pursuits.
• Outdoor Entertaining Haven:
A massive shaded patio wraps around the rear of the home, surrounded by lush green lawns and mature gardens. It’s the perfect spot to host gatherings, or to relax while enjoying your private sanctuary.
• Practical Features:
A large garden shed, (sea container) accessible via a side gate, provides secure storage for tools, toys, or weekend gear.
Why You'll Love It?
This property is more than just a house—it's a lifestyle. From the bright and airy interiors to the expansive outdoor spaces, every detail has been crafted with comfort and functionality in mind. Its prime location in a family-friendly neighbourhood ensures easy access to everything you could need.
All offers over $549,000 will be considered.
What to know
Block size: 720m2
House size: 129m2
Built: 1987
Council rates: $2,700 approx.
Water rates: $551.88
Currently leased to 25/5/25 at $850/week
Don’t miss this opportunity to secure your slice of Millars Well charm. Make 1 Mears Court your new home or investment property today!
Who to talk to
For more information about the property, contact Anna Guillesser on 0428 620 894.
Listing description written by Anna Guillesser, Realmark Karratha — reproduced as published, not verified by Districts.