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 › Gawthorne Dr
$2,037,500
For sale
Asking
12
Bedrooms
6
Bathrooms
6
Car spaces
2,716.261 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
$2,037,500
Asking · $750/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Millars Well (last 5 years) with land size have a median of $982/m² of land (n=97). 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
+183.0%
Median sale
Suburb $720,000
-4.67 pp
Gross yield
Suburb 7.22%
Suburb median $720,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$99,972 on top of the price (4.9% 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 2,716 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 2.6%. 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 2,716 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 Ray White KarrathaOffered for sale on an "As Is Where Is" basis, is this Complex of 6 Units and 490sqm vacant area of land on a corner site, perfect for organisations needing staff accommodation and parking!
You will be purchasing a total of 6 two bed, one bath units on one Title (Lot 2156 on Deposited Plan 215024) known as Units 3 - 8/34 Gawthorne Drive Millars Well.
ALL SIGNED OFFERS TO BE SUBMITTED FOR THE SELLERS CONSIDERATION NO LATER THAN 4PM ON FRIDAY 23rd OCTOBER 2026.
• Constructed circa 1984 of brick veneer walls and iron roof
• Located on a 2716sqm block (490sqm vacant area on corner)
• Consists of 3 blocks of 2 units in each block, each unit is approx. 97sqm
• Two of the units are occupied until 26/12/26 and one until 16/10/26
• Three units are vacant and available to view
• Large Living Area at front of Unit
• Galley Style Kitchen with freestanding electric cooktop & oven
• Huge laundry with built in cupboards and access door to rear yard
• Bathroom with vanity, bath & shower, separate toilet next to bathroom
• Two bedrooms with Built in robes & ceiling fan
• Crimsafe security screens on all external doors and windows
• Double carport for each block (shared between 2 units)
• Fully fenced yards, each with own patio and secure store room
• Each unit is separately metered for power and water
• Some units with split system and some with ducted air con (no warranties)
NOTE: Photos are showing Unit 5 only, for advertising purposes.
Please note: Property is being sold 'As is, where is' and the sellers will not warrant any electrical, plumbing, air conditioning, HWS or any other items at the property are working, buyers will need to do their own due diligence prior to placing an offer.
Council Rates: $13,800 p.a approx
Water Rates: $972p.a approx per unit
For more information or to view, please submit your online enquiry or contact Richard Naulls on 0438 852 444 or Jo Tolomei on 0419 912 622.
Disclaimer:
Ray White Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Distances & Measurements quoted are approximations and are not guaranteed. Reference to a location feature does not guarantee availability of that particular feature. All suggestions are subject to City of Karratha & other regulatory approvals. Prospective buyers should make their own enquiries as to the reliance in the accuracy of this information in making their purchasing decision. Further enquiries are welcome on 9185 2444.
Listing description written by Richard Naulls, Ray White Karratha — reproduced as published, not verified by Districts.