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 › Chiba Retreat
$440,101
Last sold
21 July 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
642 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
$440,101
21 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Merriwa (last 5 years) with land size have a median of $1,115/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
-47.9%
Median sale
Suburb $845,000
+3.81 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 642 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 642 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 Platinum Realty GroupWelcome to 21 Chiba Retreat, a charming and comfortable family home located in the sought-after neighborhood of Merriwa. This well-designed residence offers three bedrooms, two bathrooms, a single garage, front living room, open plan living space, and a large backyard. With its convenient location and attractive features, this property is perfect for investors, first home buyers and young families
Features include
- Located in a quiet cul-de-sac with great street appeal
- Single garage with drive through access to fit in multiple cars
- Front lounge room at the entrance of the home
- Open plan living/dining/kitchen area with split system aircon
- The kitchen has gas cook top, electric oven, dishwasher, fridge recess, dishwasher pantry and lots of bench space.
- Master bedroom is a great size and includes walk in robes, private ensuite and split system air con
- 2 good size minor bedrooms, both include robes
- Main bathroom includes shower, vanity & bathtub
- Nice outdoor entertaining area and huge backyard, providing plenty of space for the kids and pets or put in a pool!
- Extras include: downlights throughout, 6.6kw solar panels, roller shutters & security screens
- Built in 1995 on a 642m2 block
Located within close proximity to multiple parks, shops. Schools, transport links, the beach and the Mindarie Marina.
Listing description written by Jake Kemsley, Platinum Realty Group — reproduced as published, not verified by Districts.
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