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.
WA › Myaree › Marmion St
3
Bedrooms
2
Bathrooms
2
Car spaces
858 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 858 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.
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 858 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 Mack Hall Real Estate in assoc. with Knight Frank ApplecrossALL OFFERS BY 5PM MONDAY 23/05/2022
Welcome to 417 Marmion Street, Myaree. A cherished family abode with endless possibilities awaiting the lucky new owners to make it their own and embark on their own vision.
Situated on a corner and zoned R40, this would have to be one of the best opportunities presented to the Myaree market in years! Envision your own future development with all lots having their own street front access and bathed in natural light. Not ready to develop immediately? Then explore the opportunities of leasing out this superb family home or living in yourself until you are ready to make your move. This is a beautiful character family home which has been tastefully renovated over the years and has plenty of life left. This opportunity certainly represents superb value with limitless opportunities and is one that deserves your full attention.
Arriving at this beautiful abode, you truly feel like you are at home. Lush lawns, abundance of natural light and plenty of space ensures that this could be the perfect place for you and your family to call home. Step inside and feel the warmth this home embodies. Polished jarrah floorboards, high ceilings, large rooms and free flowing spaces as well as a renovated kitchen and bathrooms ensures there is nothing to do besides move in and enjoy. Step outside into the rear garden and be amazed at the privacy and plentiful amounts of space on offer. This would have to be the perfect place to host parties with family and friends and enjoy what is becoming a rare commodity in suburbia today - a decent sized backyard!
Do not hesitate to make this gorgeous home your own. Whichever way you look at this superb proposition, how can you go wrong?
Key features
-858 sqm corner block
-R40 zoning
-Beautiful large character home
-2 minute walk to Melville Primary School
-5 minute walk to Melville High School
-5 minute walk to IGA Myaree 24/7
-Opposite the beautiful Marmion Reserve
-Renovated bathrooms and kitchen
-Double lock up garage
-External gamesroom / additional bedroom
*Offers closing 5pm 23/05/2022. The sellers reserve the right to sell prior to the all offers by closing date.
Listing description written by Adrian Holler, Mack Hall Real Estate in assoc. with Knight Frank Applecross — reproduced as published, not verified by Districts.