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.
$430,000
Last sold
11 July 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
972 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
$430,000
11 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Mira Mar (last 5 years) with land size have a median of $744/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
-55.7%
Median sale
Suburb $970,000
+3.87 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 972 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.
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 972 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 @realtyIt’s rare finding anything to buy in popular Mira Mar around this price category – especially when it’s a solid home with gorgeous jarrah floors and high ceilings on a large block of 972 square meters.
Note: To view 100+ photos of this property from all angles, please copy this link to my own website: https://www.jessadamsrealty.com.au/properties/40-nelson-street-mira-mar/
The simplistic layout of the block allows for very easy subdivision past the side of the home, ensuring appeal to a wide range of buyers including first home buyers, downsizers, rental investors and developers.
The large backyard and a big double garage/shed with a concrete floor and electricity – roughly 8x5 m2, would be attractive to tradies or people who like to tinker. There is plenty of space for a caravan and/or boat.
It’s a highly appealing proposition whether you’re interested in the lifestyle or profit angle, the superb location near town and the beach with medical amenities just around the corner - plus it falls in the popular Albany Primary School zone.
What you need to know:
• Solid 1972 built home on a large 972 m2 block
• Easy subdivision potential – 46.4m sides and 21m front and back
• Gorgeous jarrah floors throughout
• High ceilings
• Spacious lounge with a fireplace and reverse cycle air conditioning
• Older style kitchen with freestanding stove
• Older style bathroom with a bath and shower
• Large laundry with a wash trough and separate toilet
• North-facing, private back patio catching the winter sun
• The high patio can be used as a carport
• Double garage/shed with a concrete floor and electricity
• Small storage shed
• Fully fenced backyard so safe for kids and pets
• Asbestos in wet areas and shed, plasterboard throughout the house
• Rented out until recently at $380 per week.
No home opens, so please book a private viewing with the exclusive agent Jess as soon as possible. You don’t want to miss out on this one!
Listing description written by Jess Adams, @realty — reproduced as published, not verified by Districts.