Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
WA › Northam › Morrell St
$500,000
Last sold
5 Oct 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
1,204 m²
Land
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
$500,000
5 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Northam (last 5 years) with land size have a median of $530/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Vs Northam
-3.8%
Median sale
Suburb $520,000
+0.20 pp
Gross yield
Suburb 5.10%
Suburb median $520,000 from 108 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 1,204 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 $510/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 1,204 m² — that is not official geometry.
Nearby development pipeline
Area
Northam at a glance
7,634
People
$520,000
Median sale
$510/wk
Median rent
5.10%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hollett & Lawrance First National28 Morrell Street is a classic cream brick and tile home set on a generous 1204sqm block in a convenient, family friendly pocket of town with schools, parks and the centre of Northam all within walking distance, this property offers space, comfort and location in one.
Inside, the layout is practical and well proportioned. All three bedrooms sit at the front of the home on the right hand side of the entry hall, along with the updated bathroom. To the left, the spacious lounge with split system air conditioning leads through to the formal dining room and a well equipped kitchen with ample storage and electric cooking. The kitchen overlooks the enclosed rear verandah making it easy to keep an eye on the kids or set up a hobby space, home office or sun drenched sitting area. This versatile room adjoins the laundry and second toilet offering even more everyday convenience. Fresh paint and updated flooring throughout mean the home is ready to move straight into with no updates needed.
Outside you'll enjoy the space to spread out. Side access from Lockyer Avenue takes you directly into the backyard where you’ll find a paved area for extra parking, a garage with additional workshop space, established gardens and fruit trees. The yard is fully fenced for kids or pets, and there’s a great undercover area that’s made for relaxed entertaining. An added bonus is the solar panels already installed to help reduce your electricity bills.
Whether you’re looking for your first home, a solid investment or a property with room for the whole family, this one ticks the boxes. Listed for offers from $499,000, contact Courtney Hughes or Steve Hill today to arrange your viewing.
Listing description written by Courtney Hughes, Hollett & Lawrance First National — 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.