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 › Wellaton St
$550,000
Last sold
17 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
422 m²
Land
156 m²
Building
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
$550,000
17 Apr 2024 · 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
-31.5%
Median sale
Suburb $802,500
+1.78 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 422 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 422 m² — that is not official geometry.
Nearby development pipeline
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 Earnshaws Real EstateWhen you're looking for a rock-solid family home with brilliant basics and room to make it totally your own, look no further than this haven of comfort. It's an ideal foundation for your first (or next, if you have a growing crew) abode or an absolutely stellar investment to add to your portfolio. Inside is bathed in natural light thanks to the expansive windows and the neutral decor means you can style it in just about any way you like. The open-plan design connects the simple but modern kitchen, living, and dining area so whoever is on dinner duty can stay connected to chatter about the movie or homework being tackled at the table.
The main bedroom is a private sanctuary with an up-to-date and neat ensuite. Three additional bedrooms, each with built-in wardrobes and easy-maintenance carpet, provide oodles of space for the kids, a home office, or a dedicated hobby room. Both bathrooms have a simple, tidy aesthetic so everyone has a comfy space to get ready. The laundry is equally shipshape, equipped with a separate WC for added practicality.
Features Include:
• Solid family home at rear of block away from street
• 4 bedrooms
• 2 bathrooms
• Open-plan kitchen, living & dining with air conditioning, terracotta style tiles in the kitchen & easy-care grey carpet in living space
• Main bedroom with ensuite
• Double garage
• Backyard
• Fully fenced
Strata insurance applies to common property = Estimated $145 PA
Council Rates = $2,275 approx
Water Rates = $1,144 approx
Rental estimate = $500 to $550 per week
Perhaps the best element of this home is its location because right outside your door is the vibrant heart of Midland. The rear house means a little extra privacy from the road but you're actually just moments from the retail therapy paradise of Midland Gate or, if you need to venture further afield, the Midland Train Station is also conveniently close, making commutes or weekend adventures a breeze. Back home, the property offers a fully fenced backyard for kids and pets, while the double carport and additional paved parking out front ensure there's room for everyone (and everything!)
Prime location, modern features, spacious layout and oh, so rentable!
For more information on 26b Wellaton Street Midvale or for friendly advice on any of your real estate needs please call Michael Hagdorn on 0439 496 093
Listing description written by Michael Hagdorn, Earnshaws Real Estate — reproduced as published, not verified by Districts.
Nearby 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.