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WA › Mckail › Vernon Ln

4 Vernon Ln, Mckail WA 6330

House

$440,000

Last sold

27 June 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

573 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 $440,000 (27 June 2024).(Recorded sale)
  • FactLand 573 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mckail (last 5 years) with land size: median $976/m² of land (n=44). 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

$440,000

27 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Mckail (last 5 years) with land size have a median of $976/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

Mckail at a glance

4,332

People

$786,500

Median sale

$566/wk

Median rent

3.74%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Mckail report →

Vs Mckail

-44.1%

Median sale

Suburb $786,500

+2.95 pp

Gross yield

Suburb 3.74%

Suburb median $786,500 from 24 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$440,00027 June 2024
  2. Listedprice unknowncompleted13 May 2024

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 573 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 $566/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 573 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

Mckail in one glance

Mckail at a glance

4,332

People

$786,500

Median sale

$566/wk

Median rent

3.74%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Mckail report →

Keep researching

  • Why Mckail? Read the area thesis →
  • What else is on the market in Mckail →
  • Other records on Vernon Ln →

Listing material

Listed by Merrifield Real Estate

ENTER YOUR COMFORT ZONE

Couples or smaller families will be bowled over by this smart brick and Colorbond home, as well as the possibilities on offer for a comfortable, easy lifestyle in a desirable neighbourhood just eight minutes from town.

Equally, it's an exciting prospect for investors in the market for a solid rental with the potential for good returns.

The home occupies a corner block of 573 sqm within easy reach of a major supermarket, liquor store, pharmacy and fuel supplies, and a short stroll to the park, lake and playground.

Read the full description

It's an attractive home featuring an inviting, open living space zoned into a lounge and dining area, and at the back, a sheltered, gable-roofed patio looking onto an enclosed garden, ideal for growing veggies and herbs.

With gas cooking, an electric wall oven, corner pantry and space for a big fridge-freezer, the kitchen is an appealing work area overlooking the dining space.

All three bedrooms are big doubles with built-in robes, and in the bathroom, there's a bath, walk-in shower, vanity and toilet. A second toilet is off the nearby laundry.

Practical timber-look flooring flows throughout the home, window treatments and décor are in great shape, security door screens promote peace of mind, and there's a bank of solar panels fitted to the roof to reduce power costs.

The land has been set up for low maintenance with flower beds and a strip of lawn at the front.

A real bonus is a fenced area at the side, currently in native vegetation with a lock-up garden shed. This would be a suitable site for building a bigger shed-workshop for DIY projects and to house the boat or caravan, supplementing the carport and additional off-road parking on the opposite side of the house.

This property is presented for sale for the first time since it was built in 2002, and it's sure to be appreciated for its many appealing aspects and excellent location.

To arrange a private inspection or discuss your interest in this terrific opportunity please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au

What you need to know:

- Brick and Colorbond home

- Corner block of 573 sqm, fully serviced

- Open-plan lounge and dining area with gas heating

- Gable-roofed rear patio

- Kitchen with gas cooking, wall oven, pantry

- Three double bedrooms with built in robes

- Bathroom with bath, shower, vanity, toilet

- Laundry and second toilet

- Solar panels installed

- Enclosed back yard

- Carport under the main roof plus extra off-road parking

- Area of land to the side of the house suitable for installing shed-workshop

- Excellent location near supermarket, walk to parkland

- Rental appraisal of $480 - $500 per week

- Council rates $2591.67 per annum

- Water rates $1525.99 per annum

Listing description written by Lee Stonell, Merrifield Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 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.