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 › Walkington Circle
$940,000
Last sold
9 Dec 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
787 m²
Land
215 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
$940,000
9 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Millars Well (last 5 years) with land size have a median of $981/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
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
+30.6%
Median sale
Suburb $720,000
-1.69 pp
Gross yield
Suburb 7.22%
Suburb median $720,000 from 51 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 787 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.
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 787 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 PRD KarrathaResting upon this huge block in Millars Well, lies an outstanding family home with a total of five bedrooms, and a dreamy outdoor space to entertain!
Inside the main house resides four spacious bedrooms, all with built-in robes & split aircons. The bonus granny flat offers a fifth bedroom immersed in the same pleasant décor, and complete with kitchen, ensuite, and open plan living area. The flooring is tiled throughout the entire property allowing for easy maintenance and cleaning. The tones are pleasant and warming throughout, with natural hues adorning the walls and tiling.
The Master has a private ensuite, neat and tidy with a generous corner shower recess. Then the main bathroom boasts a tub and is right by your fully equipped laundry and powder room. That laundry has the goods - a tall pantry for storage, inbuilt trough with ample benchtop for workable space, and upper cabinetry for keeping clutter at bay.
Leased until December 2024, this property provides significant interior living spaces for the whole family. The central open plan layout provides enough room for living, dining and more. Throw in a separate formal loungeroom, and you have yourself a mega property for everyone in the family to enjoy.
The kitchen is timeless and stands proud overlooking the large dining space. It includes oodles of cabinetry - pot drawers, glass display cabinets, vertical pantry and an appliance garage for your coffee machine! A sleek curved glass rangehood umbrellas the gas cooktop, and the wide benchtop is used as a brekky bar with ease.
General features throughout the home include roman blinds, tiled flooring, split aircons, downlights and ceiling fans. Meanwhile, even more surprises await outside!
A spacious undercover patio overlooks the inground swimming pool. Extend the outdoor living and take advantage of the built-in BBQ and alfresco zone under the shade sails. For the entertaining value alone, you can't go past this property.
To the front of the block is a double carport and a screened elevation behind the shady tropical gardens. Then behind you (on Straker Road), drive thru access is via the rear gates, offering a private entrance to the granny flat. Perfect for guests, young adults or secure storage for the boat, caravan and trailer. Fully reticulated gardens are handy, and the garden shed is tucked away neatly.
With a rental income of $1850 per week, invest now in this mega listing, with a view to occupy yourself at the end of the year. Call Wes Green for a private tour - 0430 058 175
Listing description written by Wes Green, PRD Karratha — reproduced as published, not verified by Districts.