Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
WA › Millars Well › Lawrence Way
$685,000
For sale
Asking
3
Bedrooms
2
Bathrooms
4
Car spaces
692 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
$685,000
Asking · $990/m² of land
No recorded sale for this property.
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Vs Millars Well
-4.9%
Median sale
Suburb $720,000
+0.37 pp
Gross yield
Suburb 7.22%
Suburb median $720,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$30,478 on top of the price (4.4% 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 Millars Well'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 692 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 7.6%. 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 692 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
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark KarrathaWhat to love
Welcome to 26 Lawrence Way, a home that ticks all the boxes for laid-back family living in Millars Well - with all the extras to make life that little bit sweeter.
Out the back, your own private oasis awaits. A gorgeous swimming pool sits under cleverly placed shade sails, offering a cool retreat from the hot Karratha sun. There's plenty of space for outdoor furniture, so whether it's Sunday BBQs or sunset drinks, the patio that spans the width of the home makes it the perfect spot to kick back and watch the kids frolic in the pool. A patch of lawn softens the space, while the fully fenced yard with low-maintenance planting keeps things practical.
For the toys, tools or hobbies, you'll love the garage with roller door, accessed via side gates - The expansive shed is 4.5m x 6m which makes it ideal for a workshop or storage. There's also a double carport out front and loads of extra parking, so bring the boat, trailer, and the lot!
Step inside to a well-planned interior where the kitchen, dining and living zones flow seamlessly while still feeling distinctly defined. The modern kitchen boasts stone-top benches, dishwasher, wall oven, gas cooktop with rangehood, and corner pantry - all wrapped up with plenty of cupboards and space for a big family fridge.
Enjoy split system air conditioning, tiled flooring, and recessed downlights throughout the living areas - stylish, comfy, and easy to maintain year-round.
The three bedrooms are all carpeted, light-filled, and designed for comfort. Two are serviced by the family bathroom with shower, bath and large vanity, while the third enjoys its own ensuite and a roomy four-door wardrobe.
And the cherry on top? You're in a prime location, just moments from schools, parks, and leisure facilities. This is a home where your family can move straight in and start living the great Pilbara lifestyle.
What to know
For Sale by Openn Negotiation, a flexible term online auction. The bidding has started and the property may sell at any time.
Open for Inspection:
Saturday 26 April 10am - 10.30am
Wednesday 30 May 5pm - 5.30pm
Saturday 3 May 10am - 10.30am
Saturday 10 May 10am - 10.30am
Who to talk to
For more information about the property and the on-line Auction process, contact Dylan Rakich on 0497 083 254.
Listing description written by Dylan Rakich, Realmark Karratha — reproduced as published, not verified by Districts.