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.
$850,000
Last sold
16 May 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
1,532 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
$850,000
16 May 2025 · 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
-12.4%
Median sale
Suburb $970,000
+0.44 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 1,532 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 1,532 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 Merrifield Real EstateA striking, elevated home on a big block with superb views, options for subdivision development all within proximity to the beach, town and amenities make for exceptional find that has to be worth exploring.
Set near the top of its sloping 1532sqm block, the elevated home is finished in smart cladding and a Colorbond roof. It displays inspired design and construction incorporating steel, timber and extensive glazing, creating modern industrial chic combined with comfort and space.
Steps lead up to the first level accommodating an impressive open living area, where a wall of windows and glass doors make the most of the view over bushland to King George Sound, Middleton Bay, Breaksea and Michaelmas Islands, Gull Rock.
This is a view shared with the long front deck, a prime vantage point for gazing at ships moving into the harbour and sunrise on the bay.
Next to the carpeted lounge at the front is the generous dining area and then the white kitchen with an induction cook-top and extra-wide oven, dishwasher and pantry.
The home's steel framing is an internal feature on the upper level, where beams follow the towering gabled roofline in all three bedrooms.
In the studio-sized master suite at the front, the view is sensational through a wall of glazing and doors opening onto a balcony, while the other two bedrooms at the back are king sized, and all share the adjacent bathroom.
At the side of the house is a parking bay, and there's ample space for building a shed.
The land is cleared and in grass except for a compact area of bush as a backdrop to the house.
There's real potential here for subdividing the land and living in the home while building a second one on a level area halfway down the block.
In great condition and nicely presented throughout, the home also lends itself to leasing, and it currently returns a good income as successful short-stay accommodation which is fully approved.
With schools, shops, sports, the coast, lakeside walks and a major tourist precinct within easy reach, it's also brilliantly located for occupants of all ages.
What you need to know:
- Stylish, multi-storey home
- Extensive glazing to maximise expansive ocean views
- 1532sqm block with subdivision potential
- Sunny lounge
- Long deck on view side
- Compact dining area
- White kitchen with dishwasher, induction cook-top, wide oven, pantry
- Laundry
- Two king-sized bedrooms & studio sized master bedroom
- Master suite with balcony
- Bathroom with spa bath, walk-in shower, vanity, toilet
- Parking bay
- Space for building shed
- Few minutes from schools, shops, tourist precinct, beach, town
- Suitable as rental, currently short-stay accommodation with good income
- Council rates $2,700.56
- Water rates $1,564.13
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.
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