Myaree at a glance
3,004
People
$1,427,500
Median sale
$844/wk
Median rent
3.07%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
0
Car spaces
754 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Myaree (last 5 years) with land size have a median of $2,171/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Myaree at a glance
3,004
People
$1,427,500
Median sale
$844/wk
Median rent
3.07%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
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 754 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 $844/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 754 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
Myaree at a glance
3,004
People
$1,427,500
Median sale
$844/wk
Median rent
3.07%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Maxi RealtySeize this exceptional opportunity to secure this huge 754qm sqm block positioned right across from Herb Napthally Reserve and easy walking distance to Good Grocer IGA and local primary schools. Located in a dynamic area just twenty minute's stroll to Swan River with so many local amenities at hand, this location, block and home presents options aplenty right in the heart of wonderful Myaree.
For families seeking the chance to build their own special home, this parcel of land enables you to design and develop exactly the residence you desire, surrounded by plentiful convenient lifestyle amenities. Less than five minutes to Booragoon Shopping Centre, with proximity to arterial roads, public transport and Fremantle a mere ten minutes away, you will be spoilt for choice with dining options, cafes, bars and a vibrant arts scene right on your doorstep.
The older style home provides the potential to renovate and features three generous-sized bedrooms, one-bathroom, and a separate living area adjoining a huge country-size kitchen offering plenty of bench space, cupboards and a pantry. With a generous-sized exterior of the property, you are only limited by your imagination here. With the opportunity to develop or extend, this land is the ultimate blank canvas, ready for your plans to create your perfect home on a quiet tree-lined street, just moments from the river.
For investors, this is also a wise opportunity, with the current home still offering significant upside potential, with rental income currently yielding approximately $450-500 a week with some minor improvement works to the property. Earn now while the market is strong and develop later when the time is right. Either way, this is a unique opportunity not to be missed!
Whether you are a family happy to renovate, seeking the potential to build your dream home or an astute investor who knows an opportunity when they see one, this substantial slice of premium land in desirable Myaree is a rarity not to be missed!
Key Features Include:
- Solid brick and tile home on huge block
- Three bedrooms, main bedroom with built in cabinetry, ceiling fan
- Living area with gas heater, split system a/c, stylish timber-look flooring
- Huge country-style kitchen with ample cupboards, pantry, ceiling fan
- Original Jarrah flooring plus new timber-style flooring
- Bathroom with bath
- Large laundry with double sink with separate toilet
- Outdoor paved, undercover area
- Mature garden areas, huge exterior
- Split system air conditioning
- Security screens
Location (approx. distances):
Herb Napthally Reserve 70m
Mel Maria Primary School 400m
Good Grocer IGA 650m
Booragoon Primary School 1.1km
Tompkins Park/Swan River 1.6km
Melville Senior High School 2.2km
Booragoon Shopping Centre 2.3km
Piney Lakes Reserve 3.2km
Wireless Hill Park 4.0km
Point Walter Golf Course 5.4km
Fremantle 6.7km
Property Details:
Council Rates: $1,656.32 p.a.
Water Rates: $1,038.68 p.a.
Land Size: 754m2
For expressions of interest, please contact Agnes Lee at agneslee@maxirealty.com.au or call 0403 65 364.
Be quick to view this property. Please do not walk on the property without supervision. To book a viewing on this property, please contact Agnes Lee on 0403 965 364 or email agneslee@maxirealty.com.au
HOW TO APPLY: Please click on the link to apply online should you interested in the property. https://2apply.com.au/agency/maxirealty
*Please be aware and you must first view the property with one of our representatives prior to applying*
We DO NOT accept 1FORM online applications.
HOW TO BOOK AN INSPECTION FOR THIS PROPERTY: If you would like to book an inspection for this property then simply scroll down past the description and click the 'Book an Inspection Time' button and select from one of the available times.
Please register your details to be invited to the next home viewing. Please be advised if you do not register your details for the home viewing, we are unable to notify you of any changes to the times or any cancellations. If there are no Registered attendees, please note the scheduled home open will be cancelled.
DISCLAIMER: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective tenants must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. The applicant/s acknowledge that in applying for the property they are accepting the premises in the condition in which they viewed the home. The particulars contained are not intended to form part of any contract. The material available is general information only and is subject to change without notice. The information held within this advertising should not be relied on as a substitute for legal, financial, real-estate or other expert advice. Maxi Realty disclaims all liability, responsibility and negligence for direct and indirect loss or damage suffered by any person arising from the use of information presented in this advertising.
Listing description written by Agnes Lee, Maxi Realty — reproduced as published, not verified by Districts.