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WA › Mullaloo › Key West Dr

35 Key West Dr, Mullaloo WA 6027

House

$1,320,000

Last sold

13 Jan 2023

5

Bedrooms

3

Bathrooms

2

Car spaces

761 m²

Land

261 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,320,000 (13 Jan 2023).(Recorded sale)
  • CalculationRecorded House sales in Mullaloo (last 5 years) with land size: median $1,808/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,320,000

13 Jan 2023 · derived via latest_sale

Local land rate: recorded House sales in Mullaloo (last 5 years) with land size have a median of $1,808/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Mullaloo at a glance

6,946

People

$1,457,872

Median sale

$758/wk

Median rent

2.70%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mullaloo report →

Vs Mullaloo

-9.5%

Median sale

Suburb $1,457,872

+0.29 pp

Gross yield

Suburb 2.70%

Suburb median $1,457,872 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,320,00013 Jan 2023
  2. Listedprice unknowncompleted30 Nov 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 761 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $758/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 761 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mullaloo in one glance

Mullaloo at a glance

6,946

People

$1,457,872

Median sale

$758/wk

Median rent

2.70%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mullaloo report →

Keep researching

  • Why Mullaloo? Read the area thesis →
  • What else is on the market in Mullaloo →
  • Other records on Key West Dr →

Listing material

Listed by Harcourts Alliance Joondalup

Sold Sold Sold

We are very excited to offer this rare opportunity, with two homes for the price of one with the added benefit of being able to SUB DIVIDE the land should you wish to build two brand new homes. This unique property certainly provides brilliant flexibility - both indoors and out.

At present this property would be well suited for the extended family, with many families now having multiple generations living under the same roof, blended families or there is the bonus of generating additional income by renting out part of the property.

INTERNAL FEATURES:

Read the full description

Downstairs

Feature double door entrance with foyer and staircase

Generous main bedroom with walk in robe and en-suite which includes single vanity, shower and toilet

Large light filled sunken lounge or home theatre

Oversized open plan kitchen, meals and family area providing dual sliding door access to the outdoor entertaining area

Refurbished kitchen includes overhead cupboards, 90mm Smeg oven with gas hob, stainless steel range hood, fridge and microwave recess

Three double size minor bedrooms all with built robes and sliding door access to outdoors

Family bathroom includes floor to ceiling tiles, a double vanity and shower

Good size laundry with separate toilet

Upstairs

Large lounge area with balcony overlooking parklands

Good size kitchenette with gas hob, sink and recess for oven or dishwasher

Huge bedroom with balcony and scenic park outlook provides a large walk in robe and en- suite with corner spa bath, double vanity, shower and separate toilet

ADDITIONAL FEATURES

Double drive thru garage

Large, all weather, decked patio with outdoor blinds

Oversized sparkling below ground swimming pool with shade sail

Reverse cycle ducted air conditioning

Gas storage hot water system

3 KW Solar panels

Cedar lining under the main roof to front of the property

Gas bayonet

Hallway storage

Under staircase storage

Reticulation from mains

Separate grassed area for children's play equipment or family pets

Loads of additional parking for boats, caravan or vehicles

1987 built

Sub dividable 761m2 block

261m2 living approx..

The property is situated in a the sought after, family friendly neighbourhood with a Wolinski park across the road, great schools with Mullaloo Beach Primary just a short stroll, one of the best beaches and foreshore in the Northern Corridor, walking and cycling paths all just moments away. The new Ocean Reef Marina currently under construction is an approx. 5 minute drive away and the property is within easy access to public transport.

*** DISCLAIMER:- This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries**

Listing description written by Angela & Terry Team, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.

Property features

  • In-Ground Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.