Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Southern River › Newmerrie St
$572,000
Last sold
5 Jan 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
458 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
$572,000
5 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Southern River (last 5 years) with land size have a median of $2,069/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Southern River
-46.1%
Median sale
Suburb $1,061,000
+3.31 pp
Gross yield
Suburb 3.87%
Suburb median $1,061,000 from 83 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 458 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 $790/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 458 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
Southern River at a glance
16,598
People
$1,061,000
Median sale
$790/wk
Median rent
3.87%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Thrive Real Estate(Formerly 304 Balfour Street)
And perfect to add to your investment portfolio with great rental return.
Modern, with its polished, light floor tiles and neutral palette, there's nothing more to do but to move in and add your personality to this super spacious four bedroom, two bathroom home set in Southern River, located at equal distance to The Vale and The Village Harrisdale shopping centres and at walking distance to local primary schools.
This family residence set on a corner block is ideal for those seeking a lock and leave home for peace of mind. At front of house, a theatre room with double door entry keeps noise away from the remainder of the living and sleeping areas. An enormous family, dining and kitchen area with games room forms the hub of the home, with a kitchen breakfast bar to have a quick bite to eat and enjoy some tv time.
Parents will enjoy their space and privacy in the southern wing of the residence with an immense room fit for a king sized bed and other furnishings. Kids will also appreciate well sized minor bedrooms and modern bathroom facilities.
With wrap around outdoor paving, there's no garden maintenance and an alfresco area to enjoy some fresh air as either a sitting area or outdoor dining.
Close to Leopold Park and Southern River Hockey Club, this house is ideal for families with intellectual pursuits or outside-of-home sporting passions, as well as investors.
Interior
- King Sized Master Bedroom with lengthy Walk in Robe
- Three Minor Bedrooms each with Built in Robes
- Two Bathrooms
- Theatre Room, fully enclosed
- Large open plan Kitchen, Family and Meals area
- Fully equipped Kitchen with five burner gas hot plates, electric oven, microwave recess, breakfast bar and pantry
- Open Games room
- Extra wide Front Door entry
- Polished tiles in living spaces and carpets in bedrooms
-Down Lights throughout living areas
- Ducted, Evaporative Air Conditioning
- Double Garage with hallway entry
Exterior
- Fully paved outdoors
- Alfresco area for outdoor meals
- Wall Mounted Clothes Line
- Gas Storage Hot Water System
Locally
- a short walk to Leopold Park, Sutherland Park and Southern River Hockey Club
- 900m to Southern Grove Primary School
- 1.6km to Coles Southern River East shops
- 1.7km to Bletchley Park Primary School
- 2km to Southern River Shopping Centre
- 2.6km to Providence Christian College
- 10.9km to Westfield Carousel Shopping Centre
DISCLOSURE: Images of three minor bedrooms contain virtual furniture.
DISCLAIMER: This document has been prepared for advertising and marketing purposes only. Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Derick Pitt, Thrive Real Estate — reproduced as published, not verified by Districts.