Mullaloo at a glance
6,946
People
$1,457,872
Median sale
$758/wk
Median rent
2.70%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
WA › Mullaloo › Meridian Dr
$737,000
Last sold
4 July 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
719 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
$737,000
4 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Mullaloo (last 5 years) with land size have a median of $1,808/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Mullaloo at a glance
6,946
People
$1,457,872
Median sale
$758/wk
Median rent
2.70%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Mullaloo
-49.4%
Median sale
Suburb $1,457,872
+2.65 pp
Gross yield
Suburb 2.70%
Suburb median $1,457,872 from 25 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 719 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 $758/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 719 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
Mullaloo at a glance
6,946
People
$1,457,872
Median sale
$758/wk
Median rent
2.70%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency NorthBeyond a splendid leafy frontage lies this solid 2 bedroom 1 bathroom brick-and-
tile home with a study - or possible third bedroom - and a generous 719sqm block size
that could very well hold the key to your future hopes and dreams.
The size and value of the land should definitely not be underestimated here, as
you can start drawing up immediate plans for the family home you have always
wanted while you either live in or rent out the existing dwelling, reaping some
fantastic rewards either way.
A securely-gated front yard plays host to a delightful entry verandah that is both
protected from and overlooks an established green garden. Inside, a large front
lounge room will keep you warm this winter with its feature fireplace and a
separate gas bayonet for a heater.
The central open-plan family and dining area has a gas bayonet of its own,
connecting to a practical kitchen with low-maintenance flooring, double sinks, a
range hood and a Westinghouse electric-upright cooker. Both bedrooms are
carpeted for comfort, inclusive of the front master suite where three doors of
mirrored built-in wardrobes meet semi-ensuite access into the bathroom -
comprising of a shower and separate bathtub, to help cater for everybody's
personal needs.
The second bedroom has double built-in robes and is neighboured by the
carpeted study - with built-in storage of its own and the potential to shut off and
convert into an extra bedroom, if need be. Outdoors and off the family room lies a
pleasant rear pergola area for private entertaining, overlooking a lush "blank
canvas" of a backyard that can be whatever you want it to be. A swimming pool,
workshop, granny-flat, an extension of the current house or where your future
alfresco and outdoor area will be found - there is more than enough room out
here for you to do as you please.
With excitement comes convenience and being able to live close to bus stops,
sprawling local parklands and picturesque Periwinkle Bush Park walking trails -
just down the road. The freeway, Edgewater Train Station, the new Ocean Reef
Boat Harbour redevelopment (now currently under way), glorious Mullaloo Beach,
seaside cafes and restaurants, both Mullaloo Heights and Mullaloo Beach Primary
Schools, the 24-hour IGA supermarket at Mullaloo Village, Westfield Whitford City
Shopping Centre, St Mark's Anglican Community School and even Hillarys Boat
Harbour are all only minutes away in their own right as well, adding to the overall
appeal, here.
Desirable coastal location aside, it is time to get those creative juices flowing -
once and for all!
Other features include, but are not limited to:
- Remote-controlled driveway access gate
- Separate laundry, with a safe in its linen press
- Separate toilet, off the laundry
- External/side access, from the laundry
- Ducted air-conditioning
- NBN internet connectivity
- Security doors
- Solar hot-water system
- Side garden shed
- Tandem second parking space, in front of the remote-controlled single lock-up
garage (with an access door to the rear of the property)
- Leafy 719sqm (approx.) block
- Extra parking space, out on the front verge
- Built in 1985 (approx.)
Listing description written by Luke Margaretic, One Agency North — reproduced as published, not verified by Districts.