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WA › Karrinyup › Milverton Ave

38 Milverton Ave, Karrinyup WA 6018

House

$1,870,000

Last sold

23 Mar 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

748 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,870,000 (23 Mar 2026).(Recorded sale)
  • FactLand 748 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Karrinyup (last 5 years) with land size: median $2,608/m² of land (n=63). 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

$1,870,000

23 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Karrinyup (last 5 years) with land size have a median of $2,608/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

Karrinyup at a glance

11,292

People

$1,683,750

Median sale

$913/wk

Median rent

2.82%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Karrinyup report →

Vs Karrinyup

+11.1%

Median sale

Suburb $1,683,750

-0.28 pp

Gross yield

Suburb 2.82%

Suburb median $1,683,750 from 46 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$1,870,00023 Mar 2026
  2. Listedprice unknowncompleted10 Mar 2026

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 748 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 $913/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 748 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

Karrinyup in one glance

Karrinyup at a glance

11,292

People

$1,683,750

Median sale

$913/wk

Median rent

2.82%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Karrinyup report →

Keep researching

  • Why Karrinyup? Read the area thesis →
  • What else is on the market in Karrinyup →
  • Other records on Milverton Ave →

Listing material

Listed by The Agency Perth

RENOVATED FAMILY LIVING ON A RARE 748SQM LANDHOLDING IN SOUGHT AFTER KARRINYUP

Behind a private entrance and positioned on a generous 748sqm landholding, this beautifully renovated residence delivers space, comfort and lifestyle in one of Karrinyup's most desirable residential pockets.

From the moment you arrive, there is a sense of calm and tranquillity. The home presents with a sense of privacy and well-appointed family living. Entry is through a large, private front courtyard, beautifully maintained and framed by established lawn and greenery, creating a peaceful outdoor retreat and impressive entrance.

This inviting space also doubles as an additional entertaining zone, perfect for hosting guests or enjoying quiet moments outdoors. This front courtyard is a space where children can run freely across the front lawn as afternoon's drift by on the North-west facing courtyard.

Read the full description

Step inside and the story deepens;

The inside of the home has been throughtfully renovated to deliver a contemporary, yet welcoming environment designed for both family living and entertaining. With Jarrah hardwood flooring to the main living areas.

The spacious master bedroom is off the entrance hallway and offers a tranquil space, with mirrored built in robes and a beautifully renovated ensuite finished with modern finishes and stunning full height tiling.

Off the main hallway is a large lounge/games room which provides an additional area, offering flexibility for growing families and a comfortable space to relax or entertain that is separate from the main living area.

At the heart of the home, the open plan kitchen, meals and living area forms the light filled central hub, designed for everyday living. The recently renovated kitchen is both stylish and highly functional, featuring quality stainless steel appliances, engineered stone benchtop, generous preparation space and excellent storage.

From here, doors open onto the central alfresco area, which sits perfectly between the main living area, lounge/games room and the third bedroom. This thoughtful design creates a seamless indoor-outdoor connection while allowing natural light to flow through the centre of the home. The alfresco becomes a true entertaining hub, ideal for gatherings with family and friends.

The three minor bedrooms are positioned of the rear hallway; all are generously sized and complete with built in robes and complimented by a stylish modern renovated main bathroom. The renovated laundry offers excellent storage and practicality.

Outdoors the expansive rear yard provides abundant space for children and pets to run and play, surrounded by established and reticulated gardens. In addition to the double lock-up garage, the home retains its original garage under the main roof, now configured as a storage room. This versatile space presents exciting possibilities to re-configured at some stage to suit a variety of uses including and additional bedroom, home office, powered workshop or granny flat subject to required council approvals.

With R20 zoning and a substantial block size, the property also presents excellent long-term potential. Whether extending, building upwards, further enhancing the existing home or exploring redevelopment opportunities, the flexibility here is significant. A double story property on this parcel of land may have ocean glimpses to the West given its elevated position.

Moments away, the vibrant new Karrinyup shopping precinct offers endless dining and entertainment possibilities, while the prestigious Lake Karrinyup Coutry Club and Lake Gwelup are all close by.

Perfectly positioned just minutes from the coastline, you will also enjoy easy access to the vibrant cafe and dining strips of North Beach, Trigg Beach and Scarborough Beach, where relaxed coastal dining, boutique cafe's and breathtaking ocean views form part of every day living.

Homes that combine a generous landholding, quality renovations, multiple living zones and future potential in this tightly held Karrinyup location are becoming increasingly difficult to secure. Offering immediate lifestyle appeal together with long-term flexibility, this is a rare opportunity to sure a substantial family home in one of Perth's most sought-after coastal suburbs.

THE FEATURES YOU WILL LOVE!

Renovated 1970's brick and tile Karrinyup home.

Hampton's style facade render.

Rare 748sqm block.

Zoned R20 with redevelopment potential subject to council approvals.

Privately located behind a rendered front wall with large open space lawn area.

North-west facing courtyard.

4 bedrooms, 2 stylish renovated bathrooms.

Modern renovated kitchen, engineered stone island bench and plenty of overhead and underbench storage.

Maste suite with modern ensuite and freestanding bath.

Minor bedrooms all with built-in robes.

Reverse-cycle air-conditioning throughout.

Jarrah hardwood flooring to the main living areas and third bedroom.

Expansive open-plan living, dining and kitchen area.

Two seperate internal living areas.

Two separate outdoor living areas. The central alfresco zone and the front courtyard.

Large land holding provides so much potential or renovate to extend upward or outward.

The pre-existing garage is under the main room offers the possibility of re-configuring to add an additional room, office or granny flat subject to obtaining the relevant approvals.

Reticulated front and rear gardens.

THE LIFESYLE!

Short drive to North Beach, Trigg Beach and Karrinyup Shopping Centre.

Enjoy walks at Lake Gwelup or Trigg Bushland Reserve.

RATES AND LOCAL INFORMATION:

Zoning: R20

Primary School Catchment: Karrinyup Primary School

Secondary School Catchment: Carine SHS

Council Rates : $2,328.00 approx. (FY24/25)

Water Rates: $1,990.00 approx. (FY24/25)

For more information please call exclusive selling agent Rebecca Saraceni from The Agency on 0493 379 359.

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 Rebecca Saraceni, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
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.