Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
WA › Midvale › Morrison Rd
$270,000
Last sold
21 Aug 2023
2
Bedrooms
1
Bathrooms
2
Car spaces
558 m²
Land
72 m²
Building
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
Last sold
$270,000
21 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Midvale (last 5 years) with land size have a median of $1,403/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Midvale
-66.4%
Median sale
Suburb $802,500
+7.67 pp
Gross yield
Suburb 3.89%
Suburb median $802,500 from 24 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 558 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 $600/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 558 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
Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real Estate258A & 258B are For Sale now!
This two-bedroom duplex home promises lots of space and extras not just to the interior, but also extending to the outside - a large yard ready for a garden, lawn area, or shed. Villas of this nature do not often come with the luxury of quality outdoor space - an easily compromised ideal for many of today's houses, but not this one! Don't give up on the sun - whatever your dreams are for your own yard, this house is sure to provide the space to bring that dream to fruition!
Property Highlights Include:
- Two-bedroom, one-bathroom villa, built in 1981
- Duplex block - approximate land size for 258A Morrison is 558 square metres
- House size is approximately 71 square metres
- Own car port and side parking/turnaround space
- Ducted air conditioning
- Separate kitchen area
- Floorboards to living/dining area
- Two good-sized bedrooms
- Large yard
Large Land Banking Opportunity:
- 258A Morrison Road & 258B Morrison Road are both approximately 558 square metres for each strata titled lot.
- Incredible opportunity to purchase 258A, 258B and 260 Morrison Road for a combined landholding of up to 1,888 square metres.
- Zoned R12.5
- Further development information can be found with the Shire of Mundaring (08) 9290 6666
Investor Summary:
- This property is currently rented on a fixed term lease until May, at $270 per week
- Market rent for 258A Morrison Road is approx. $330 per week
- Given a purchase price of $280,000, the approximate rental yield for 258A Morrison Road is 6.15%
- HouseSmart Real Estate is highly active in Midvale, Midland and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.
In a centrally convenient location, this home is walking distance to shops, cafe's, and food outlets as well as ovals and parks for recreation. The home is also positioned in a great location close to access for Great Eastern Hwy, leading into Perth and Mundaring, and Roe Hwy connecting the north and south suburbs. For car parking, there is a carport, plus your own extra parking spot/turn-around spot in the driveway. Although it is a duplex, there is no shared driveway!
Hidden behind bushes, which act as a great privacy guard against the road, the house presents itself as a tucked away and comfortable home. Currently rented out until May, this home would be an immediate investment, or easily move in yourself and enjoy all the great benefits this home has to offer!
To the inside, there are two good-sized bedrooms which both fit large beds. If you are only using one bedroom, the second bedroom could easily be used as a study, storage room, or extra family room.
Speaking of family room, the living/dining area is to the front of the property and provides an easy and accessible area to relax the day away in. Put down a lounge, table and chairs, bookshelves, or a TV - and you will easily soon feel at home! There is ducted air conditioning to cool down the area. The floating floorboards and exposed brick (the home is brick and tile build) add extra character to the home. Light comes through from well-positioned windows to the front, as well as from the separate kitchen - which also provide a great view over the backyard.
An entry way provides easy flow through access to the living/dining area from the kitchen, whilst also making the space feel larger by creating it's own little space for the kitchen. There is lots of storage with cupboards and drawers, as well as fridge space, and a freestanding electric oven & hotplates.
To the exterior, there is lots of room to make your own. A little gravel patch and firepit, outdoor BBQ area, shed for tools, garden area and lawn.... there is room for it all!
Save on petrol whilst living here by walking to the shops - the nearly built Woolworths Midvale is 350m walk, IGA Swan View at 950m walk, and public transport outside the home provides a bus to the larger Midland Gate Shopping Centre. Schools nearby include Midvale Primary School (1.6km), Greenmount Primary School (2.1km) and St. Anthony's Greenmount (1.7km).
This property has a lot going for it - an ample opportunity to obtain your own space, or rent the property out as an investment. Whatever you choose, don't delay and miss out on making this property yours today!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.