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WA › Mullaloo › Korella St

14 Korella St, Mullaloo WA 6027

House

5

Bedrooms

3

Bathrooms

3

Car spaces

810 m²

Land

241 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Mullaloo (last 5 years) with land size: median $1,794/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Mullaloo (last 5 years) with land size have a median of $1,794/m² of land (n=102). 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.

See the full Mullaloo report →

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. Listedprice unknowncompleted17 July 2024
  2. Listedprice unknowncompleted17 July 2024
  3. Soldprice unknown27 May 2024

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. Listed land size is 810 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.

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 $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.

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

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

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. Listed land size is 810 m² — that is not 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

Mullaloo in one glance

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.

See the full Mullaloo report →

Keep researching

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

Listing material

Listed by One Agency North

Location Location

*** Price Adjustment *** Due to unprecendented demand, we feel it is only fair to alter the price guide to Offers Over $1.1Million ***

Yes, it's a familiar Real Estate catch cry however in this instance, who wouldn't want to live nestled between the natural beauty of Perth's pristine coastline and peaceful parkland?!

This is a superb opportunity to buy a Mullaloo "original", in a whisper quiet street just 330m metres from the beach and 240 metres from Korella Park.

Read the full description

2 storeys, multiple living spaces, 3 bathrooms, a supersize kitchen... this is a great floorplan for growing families, and there is even an ocean view to enjoy from the upper-level balcony and bedroom.

Built in 1984 by the current owner and sitting on 810sqm of prime land, it is now time for a new family to start making memories here.

The property is being sold "as is". It has been empty for 3 years and is in original condition, so the lucky buyer can update the property at their leisure and to their specific tastes AND requirements, taking full advantage of the floorplan which offers options galore!

Features of the property are listed below:

- 5 bedrooms, 2 of which have built in robes and ensuite bathrooms (bedroom 4 has sliding door access to the garage so great potential for a business from home)

- 3 bathrooms in total (1 family bathroom with integral toilet and 2 ensuites)

- Super spacious sunken lounge room with ceiling fan

- Tiled family room area with split system air conditioner and decorative light fitting

- Large under stair cupboard plus open area under the stairs, perfect for a study nook

- Massive kitchen which looks out onto the patio area - bench space for days, extensive cabinetry, 4 burner gas hotplate and electric oven and grill

- Meals/dining area next to the kitchen has sliding door access to patio area AND separate large courtyard style area with brick BBQ

- Super sized laundry with masses of storage, sliding door access to the rear yard and a BONUS shower

- Huge living room upstairs features soaring ceilings with exposed beams, some built in furniture, split system air conditioning and a large balcony with ocean views

- Side access PLUS bonus carport and shed on the opposite side of the property, perfect for parking a trailer/work vehicle, caravan or boat (take advantage of the shower in the laundry if you've been out fishing or at the beach for the day!)

- Ducted vacuum

- 2 gas hot water systems (1 instantaneous, 1 storage)

- Reticulated gardens - fence the front and have lovely lawned area for the kids and family pooch to play

- 241sqm of living

- 810sqm block

- Located in Mullaloo, one of Perth's friendliest suburbs!

To request an info pack simply text your email address to David Snell on 0400 827 800 or email directly at davidsnell@oneagency.com.au

Listing description written by David Snell, One Agency North — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.