Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
WA › Northam › Walarat Rd
$489,000
For sale
Asking
4
Bedrooms
1
Bathrooms
2
Car spaces
829 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
$489,000
Asking · $590/m² of land
No recorded sale for this property.
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
Vs Northam
-6.0%
Median sale
Suburb $520,000
+0.32 pp
Gross yield
Suburb 5.10%
Suburb median $520,000 from 107 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,168 on top of the price (4.3% 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 Northam'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 829 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 $510/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 5.4%. 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 829 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
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 107 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate NorthamStep inside this beautifully renovated four-bedroom home and discover a property that combines the charm of its 1950 origins with the comfort and style of modern living.
Thoughtfully renovated throughout in neutral tones, this home is move-in ready and offers an excellent opportunity for first-home buyers, families, downsizers or savvy investors looking to secure a property in the thriving Northam market.
The home features four good-sized bedrooms and one brand-new bathroom, complete with a stylish glass corner shower. A separate toilet adds convenience for busy households.
The heart of the home is the renovated kitchen, offering plenty of overhead and under-bench storage, along with a freestanding gas cooking appliance. Timber-look flooring flows throughout the home, creating a warm, modern feel while being practical for everyday living.
The laundry provides good storage and practical space, while the home's neutral colour palette provides a blank canvas for you to add your own personal touches.
Outside, the entertaining options continue. A smaller enclosed rear patio area leads through to a large entertainment patio, providing plenty of room for family gatherings, weekend barbecues or simply relaxing outdoors.
The generous rear backyard offers plenty of space for children, pets, gardening or future additions, while both the front and rear yards are fully enclosed, providing privacy and peace of mind.
Why You'll Love It:
• Four bedrooms
• One bathroom
• Built in approximately 1950
• Newly renovated throughout
• Brand-new bathroom with glass corner shower
• Separate toilet
• Modern kitchen with overhead and under-bench storage
• Freestanding gas cooking appliance
• Timber-look flooring throughout
• Neutral colour scheme
• Good laundry storage
• Enclosed rear patio flowing to a large entertainment patio
• Large fully enclosed rear backyard
• Fully enclosed front yard
• Walking distance to Northam Senior High School
• Convenient access to Northam's excellent town amenities
An Investment Worth Considering
For investors, this property deserves serious attention. Northam continues to experience strong demand for rental accommodation, with rental vacancy rates remaining very low, making well-presented homes such as this particularly appealing to the investment market.
Northam has also experienced strong suburb growth, further adding to the appeal for buyers looking for a property with both lifestyle and investment potential.
Whether you're looking for a beautifully renovated home to live in or a property to add to your investment portfolio, this one is definitely worth putting on your inspection list.
Don't miss the opportunity to secure this renovated Northam home in a convenient location close to schools, shops, services and all that town has to offer.
All inquiries to exclusive selling agents Elders Real Estate
Sharon Johnson | 0418 958 651 | Sharon.Johnson@elders.com.au
Listing description written by Sharon Johnson, Elders Real Estate Northam — reproduced as published, not verified by Districts.