Mira Mar at a glance
1,963
People
$970,000
Median sale
$575/wk
Median rent
3.08%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$490,000
Last sold
17 Jan 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
476 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
$490,000
17 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Mira Mar (last 5 years) with land size have a median of $718/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Mira Mar at a glance
1,963
People
$970,000
Median sale
$575/wk
Median rent
3.08%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Mira Mar
-49.5%
Median sale
Suburb $970,000
+3.02 pp
Gross yield
Suburb 3.08%
Suburb median $970,000 from 17 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 476 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 $575/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 476 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
Mira Mar at a glance
1,963
People
$970,000
Median sale
$575/wk
Median rent
3.08%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts WAThis character home is set on 476m2 and located on the King George Sound side of McLeod Street with extensive Lake Seppings and ocean views. The property is situated 2kms from the nearest Pre-School, Primary and High Schools, shopping and medical facilities and approx. 3kms from the Albany CBD.
Entry to the property is off McLeod Street, with sufficient external parking for 4 vehicles.
The brick and colorbond home is based on 2 levels with external access to both levels. The stone wall feature at the front of the property enhances the character of the home. There are near new heavy duty security screen doors attached to the front and rear of the property for peace of mind.
The downstairs section contains an updated kitchen complete with dishwasher. Dining room area, secondary bedroom, WC and laundry. The hot water system is electric.
There is an internal staircase, near the kitchen that connects upstairs and downstairs.
The upstairs section contains a large living area with a reverse cycle air conditioner that covers the heating and cooling requirements. The main bedroom is spacious with a separate study area on one side and the main bathroom on the other side.
The rear of the upstairs section contains the balcony that offers sweeping views of Lake Seppings and King Geroge Sound and is the perfect location to sit down with a refreshment.
There is a front paved courtyard, which could be enhanced further to make use of the morning or afternoon sun.
The home is currently vacant. It could be used as a principal place of residence, the ideal weekender for those visiting Albany to see family or friends or utilised for residential investment purposes.
All the hard work has been done inside the home. You could move straight in. The property offers the new owner the opportunity to add their own personal touch to the existing home or alternatively, remodel the property to incorporate additional living areas and maximise the views on offer to King George Sound.
This home is located in an idyllic spot, close proximity to the shopping precinct and schools with plenty of space and everything you could wish for. The property is offered for sale at offers above $500,000.
The council rates for the property for 2023/24 were $2,561.22.
To arrange an inspection of this unique property, please contact Joe Galantino on 0428 424 351.
Listing description written by Joe Galantino, Nutrien Harcourts WA — reproduced as published, not verified by Districts.