Merriwa at a glance
6,141
People
$845,000
Median sale
$674/wk
Median rent
4.15%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Merriwa › Olympus Loop
$775,000
Last sold
27 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
534 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
$775,000
27 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Merriwa (last 5 years) with land size have a median of $1,099/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Merriwa at a glance
6,141
People
$845,000
Median sale
$674/wk
Median rent
4.15%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Merriwa
-8.3%
Median sale
Suburb $845,000
+0.37 pp
Gross yield
Suburb 4.15%
Suburb median $845,000 from 30 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 534 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 $674/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 534 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
Merriwa at a glance
6,141
People
$845,000
Median sale
$674/wk
Median rent
4.15%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthThis stunningly renovated property offers luxurious living in a much sought after pocket of Merriwa. There is a beautiful park on your doorstep and all the other fantastic amenities of the area are close by. Superbly located on a large 534sqm block it is just a couple of minutes walk to the local shopping centre, cafes, restaurants, supermarket, schools, daycare and medical centre. Freeway access is close by and the Indian Ocean and the beautiful beaches of the area are less than a 10 minute drive away.
It would make a great family home or a fantastic investment (rent appraisal $700 a week).
If you can't view in person, view the video walkthrough at the following link:
https://captur3d.io/view/the-agency/14-olympus-loop-merriwa-6030
This idyllic contemporary home has just been beautifully renovated with brand new hybrid flooring, quality carpets, skirting boards, internal painting, led downlights, window treatments, black matte door handles, toilets, shower screens, kitchen benchtops, kitchen sink, rangehood, tiled spashback and a brand new ducted reverse cycle air conditioning inverter. It also features solar panels. It offers lot's of internal living spaces with a lounge at the front of the home, as well as a activity area in the childrens wing and spacious open plan kitchen, dining, living area which flows out to an undercover alfresco. The sizeable rear of the property is low maintenance being fully paved and features the bonus of a large powered shed/workshop. If you wish there is plenty of outdoor space for you to create your dream garden and pool area.
The stylish in vogue, chefs kitchen is perfectly designed for entertaining. It offers lot's of cupboard and bench space, wall oven, gas cooktop and rangehood, a gorgeous tiled splashback, a double inset designer matte black sink with flickmixer tap, fridge/freezer recess, built in pantry and a stainless steel dishwasher. The large island benchtop and breakfast bar is a place where family and friends congregate to enjoy food and drinks and great conversation.
The kitchen is adjacent to the open plan dining and living areas. While being open plan there is also good separation providing two separate distinct living spaces. Another great space is the lounge at the front of the home. A place to set up a big tv to watch your favourite movies and sports.
The superbly appointed sumptuous master suite is at the front of the home. It is spacious with a retreat area providing space for extra furniture making the master suite a real sanctuary you can escape to at the end of a working day. The ensuite features a shower, vanity and toilet. There is also a large walk in wardrobe.
The other three bedrooms in a separate wing of the property are all are a great size with built in wardrobes. There is also an activity/study in this area providing the perfect extra living space for the children. The family bathroom features a bath, shower and vanity. Adjacent is the laundry (with linen cupboard) and also a separate toilet. This wing of the home provides a fantastic space for a growing family.
At the front of the home you have a double garage with access to the side of the property and a big driveway offering lot's of off street parking. The property has a large front lawned garden so the opportunity is there to enclose this space to add to the outdoor living space.
This exceptional property is a rare find and top of it's class. If you are looking for the perfect modern updated home offering space for the whole family, then look no further, you have found it!.
This property will be in demand, so do not hesitate, give Steve Kelly a call now on 0426 047 394 for further information.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Steve Kelly, The Agency Perth — reproduced as published, not verified by Districts.