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WA › Midvale › Morrison Rd

258B Morrison Rd, Midvale WA 6056

Semi-detached

$290,000

Last sold

22 Sept 2023

2

Bedrooms

1

Bathrooms

2

Car spaces

558 m²

Land

72 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $290,000 (22 Sept 2023).(Recorded sale)
  • CalculationLand 558 m² against a 72 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$290,000

22 Sept 2023 · derived via latest_sale

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.

See the full Midvale report →

Vs Midvale

-63.9%

Median sale

Suburb $802,500

+6.87 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$290,00022 Sept 2023
  2. Listedprice unknowncompleted19 Apr 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Midvale in one glance

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.

See the full Midvale report →

Keep researching

  • Why Midvale? Read the area thesis →
  • What else is on the market in Midvale →
  • Other records on Morrison Rd →

Listing material

Listed by HouseSmart Real Estate

Huge Land Holding Opportunity, Reliable Duplex Home, Central Location

258A & 258B are For Sale now!

This two-bedroom duplex villa 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 outdoors 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:

Read the full description

- Two bedroom, one bathroom villa, built in 1981

- Duplex block - approximate land size for 258B 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

- Easy-clean lino and tiling to the primary living spaces, kitchen and bathroom

- Two good-sized bedrooms

- Large and fully cleared 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 June, at $280 per week

- Market rent for 258B Morrison Road is approx. $330 per week

- Given a purchase price of $280,000, the approximate rental yield for 258B 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 June, 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. Super easy to look after lino and tile flooring here works well together, and there's also exposed brick (the home is brick and tile build) adding 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. Massive and fully cleared backyard ready for you to make the space your own - or - hold the land for future redevelopment opportunities!

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.

Property features

  • Ducted Cooling
  • Living Areas: 1
  • Secure Parking
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.