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.
$418,680
Last sold
21 June 2022
3
Bedrooms
1
Bathrooms
0
Car spaces
374 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
$418,680
21 June 2022 · 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
-56.8%
Median sale
Suburb $970,000
+4.06 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 374 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. 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 374 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 Wellington & ReevesAs if the location of this property was not enough to excite prospective buyers, it also reveals a tremendous post World War Two home packed with potential and set on an easy-care lot.
Seasoned renovators, or prospective buyers with a real affinity for homes of yesteryear, will surely find this property irresistible.
Take the easy stroll to lake, park and beachside attractions and short drive to schools, shops and downtown Albany.
Give the home the makeover it so deserves and highlight the wonderful high ceilings, ornate ceiling roses, jarrah floors, glass doors and more.
The sweeping entry flows to two separate and expansive living rooms, including one with an original fire surround.
Beyond is the separate spacious and functional kitchen and dining area offering immense scope for an update.
There is general storage in the home, three good-sized bedrooms including one with robes, and a central dual access bathroom, with a classic pedestal basin.
The floorplan is quite flexible. Consider converting the laundry to a second bathroom and the utility/sunroom into a laundry.
A repaint inside and out, and a picket fence and character carport would also work wonders.
Essential viewing for history buffs and beachcombers.
The first inspection of this home will be next Saturday the 14th of May at the Grand Opening. Should you be unable to attend please contact me to arrange another viewing time.
Offers will be presented on Monday the 16th of May.
For more detailed information or to arrange a private viewing please contact Guy Zinicola on 0411 222 773.
Listing description written by Guy Zinicola, Wellington & Reeves — reproduced as published, not verified by Districts.