Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
$195,000
Last sold
26 Apr 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
753 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
$195,000
26 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Merredin (last 5 years) with land size have a median of $191/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Merredin
-33.9%
Median sale
Suburb $295,000
+3.70 pp
Gross yield
Suburb 7.21%
Suburb median $295,000 from 29 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 753 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 $409/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 753 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
Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tony Maddox Real EstateThis beautifully presented 3 bedroom, 1 bathroom home is move in ready. With established gardens and updated interior, all the work has been done for you. Walk up the front steps to the privately nestled front porch, you can relax and watch the world go by. On entry to this home, you are greeted by a very cozy front lounge area which has a new wood burning fireplace plus a gas heater, ceiling fan and window treatments all to optimize your comfort. The whole house is serviced by an evaporative air-conditioner which was only recently installed!
The modern kitchen is very productive with lots of storage and plenty of bench space. The island bench is an added bonus for ease of meal prepping and cooking. Featuring electric cooking and a dishwasher and views over your well-set rear patio and gardens.
Down the hall, you have three carpeted bedrooms with the main bedroom being of good size. All bedrooms consist of window treatments and ceiling fans. The bathroom is centrally located for easy access and has a vanity for storage and a separate bath and shower. A linen cupboard is off the hallway to maximize all your storage needs.
Off the kitchen is the laundry which has room for storage, rear access, and a separate toilet.
To the rear yard, you have a large patio area which is perfect for all year-round entertainment! The cottage style gardens are well presented with easy care plants and even some fruit trees. If you’re a keen gardener, you have a small vegetable patch area.
The exterior of the house has been rendered to meet modern appeal. The long driveway takes you down to the single garage at the rear of the property. The whole 753m2 block is fenced with full height fencing to add that extra touch of privacy – just add in a gate to the front of the driveway and it’s totally secure.
The home is serviced by scheme water, a gas hot water system and is on deep sewerage.
Shire rates: approx. $1750 per annum
Water rates: approx. $1500 per annum
This home would be ideal for a first home buyer or an investor! This property has the potential to achieve $350 per week in the current market.
Contact Faith or Jo today to arrange a viewing or for more information!
Jo 0448 481 771 or Faith 0499 637 684
Disclaimer: every precaution has been taken to establish the accuracy of this information. The details should not be taken as a representation in any respect on the part of the Seller or its agent. Interested parties should contact the nominated person or office for full and current details.
Property Code: 1493
Listing description written by Faith Kelly, Tony Maddox Real Estate — reproduced as published, not verified by Districts.