Mahomets Flats at a glance
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Median sale
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Median rent
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Suburb gross yield
WA › Mahomets Flats › Hadda Way
$900,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
955 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
Asking
$900,000
Asking · $942/m² of land
No recorded sale for this property.
Mahomets Flats at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$41,391 on top of the price (4.6% 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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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 955 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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 955 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Mahomets Flats at a glance
No data
Median sale
No data
Median rent
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Suburb gross yield
Listing material
Listed by The Agency PerthEND DATE SALE
All offers must be presented by 11th September 2026. Offers will be presented to the seller as received, and the seller reserves the right to accept an offer prior to the End Date. Buyers are strongly encouraged to submit their best offer as soon as they are ready.
THE PROPERTY
This is about as good as an investment gets!
Positioned in a quiet beachside cul-de-sac and sitting together on one title, 3A&B Hadda Way present an incredibly rare opportunity to secure an entire brick and tile duplex pair on a substantial 955sqm parcel, just moments from the Indian Ocean.
And when we say moments, we mean it. The direct beach track is approximately 20 metres from your doorstep, with the water just over 150 metres away. Morning swims, sunset walks and weekends by the ocean are simply part of life here.
Both units are almost identical, exceptionally well maintained and offer the kind of low-maintenance living that makes this such an easy addition to any investment portfolio.
Better still, the income is already working for you.
One side is occupied by a secure long-term tenant, while the other is currently operating as a successful Airbnb. Combined, the properties are generating a return of over 5%, with genuine upside to potentially push this closer to 7+% with some simple adjustments to the current income strategy.
For the investor, you have two income streams, one title and a premium beachside position that is incredibly difficult to replicate.
But perhaps the best part is the flexibility. Continue running both as investments, transition the Airbnb into another permanent rental, or close the door on the Airbnb when it suits and suddenly you have your very own beachside lock-and-leave while the property next door continues generating income.
The location only strengthens the offering. Hadda Way is a peaceful cul-de-sac surrounded by established homes, with family parks nearby, Geraldton's Surf Life Saving Club within easy reach and one of our coastline's best stretches of beach practically at the end of the street.
Two homes. One title. Multiple income options. 955sqm. And the beach almost at your doorstep. Opportunities like this simply don't come along often!
WHO TO CONTACT
With home opens scheduled over the next two weeks, there will be multiple opportunities to view and see firsthand just how unique this beachside investment really is. If you are unable to make one of the scheduled viewing times, would like further information on the current rental and Airbnb returns, or are ready to discuss making an offer, contact Dave Rawlingson or Joel Winkley at The Agency.
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 Dave Rawlingson, The Agency Perth — reproduced as published, not verified by Districts.
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