Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
WA › Pegs Creek › Mirfin Way
$725,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
706 m²
Land
Districts View
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
Asking
$725,000
Asking · $1,027/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Pegs Creek (last 5 years) with land size have a median of $901/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Pegs Creek
+11.6%
Median sale
Suburb $649,500
-0.84 pp
Gross yield
Suburb 8.01%
Suburb median $649,500 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$32,378 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Pegs Creek's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 706 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 $1,000/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.
Gross yield if leased at the suburb aggregate is 7.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 706 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.
Nearby
Area
Pegs Creek at a glance
2,424
People
$649,500
Median sale
$1,000/wk
Median rent
8.01%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark KarrathaWhat to love
Looking for a home where the family can spread out, the kids can run wild in the backyard and there's still plenty of room to make your own plans for the future? Then 23 Mirfin Way could be just what you've been looking for. Set on a generous 706m² block, this three-bedroom home is all about easy living, plenty of space and a location that makes everyday life just that little bit simpler.
Inside, the home has a lovely light and airy feel, with crisp white walls, timber-look flooring and plenty of natural light. The open-plan kitchen and dining area is a great spot for family meals, catching up with friends or simply keeping an eye on what's happening while dinner is being prepared. The kitchen has loads of storage, a freestanding gas cooker, breakfast bar and a whole wall of cupboards, so there's a place for everything.
Need a little peace and quiet? The separate formal living room gives you another space to relax, curl up for a movie or escape for a bit when the house gets busy!
The three bedrooms are all a good size, with the modern bathroom close by and featuring a bath, shower, vanity and mirrored storage. There's also a separate toilet and a handy laundry with extra storage and direct access outside. Split-system air conditioning and ceiling fans throughout will help keep everyone comfortable, whatever the weather.
And then there's the backyard - this is where the kids are going to have some fun! There's plenty of room for a trampoline, monkey bars, cubby house and all those other backyard essentials. The mature gardens add a lovely established feel, while the generous block also gives you options for the future, whether that's adding a pool or exploring further development potential, subject to approvals.
The secure side access is another big plus, with plenty of room to park the family vehicles as well as the boat, caravan or trailer.
Location-wise, it's hard to beat. Pegs Creek Primary School and Cattrall Park are just a short stroll away, making this a particularly handy spot for families. You're also close to all the everyday conveniences of Karratha.
With solar hot water, reticulated gardens, loads of backyard space and a great central location, 23 Mirfin Way is a home that's easy to settle into and enjoy - with plenty of room to make it your own along the way. Come and have a look. You might just find it ticks a lot of boxes!
What to know
To be sold by Set Date Sale, with offers closing on 1 September 2026 @ 5pm
Buyer's guide low - mid $700,000's
Periodic lease in place at $1050/week from 22 August 2026
Who to talk to
For more information about the property and to submit your offer, call Ben McGuigan on 0488 402 017 or Jordan James on 0458 193 869.
Listing description written by Ben McGuigan, Realmark Karratha — reproduced as published, not verified by Districts.