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
$1,005,000
Last sold
5 Dec 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
430 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
$1,005,000
5 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Myaree (last 5 years) with land size have a median of $2,162/m² of land (n=39). 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.
Vs Myaree
-29.6%
Median sale
Suburb $1,427,500
+1.30 pp
Gross yield
Suburb 3.07%
Suburb median $1,427,500 from 12 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 430 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 430 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 One ResidentialJUST RIGHT. LIFESTYLE GEM.
Set back from the road, 432 Marmion Street is so delightfully deceptive from the front with its super surprising and enticing single level fully renovated and extended design that blends classic quality with modern ease.
Nestled on a 430sqm street front SURVEY-STRATA title block, you will love the sun kissed north facing rear with tranquil outdoor entertaining area with deck that connects seamlessly through French doors to an extended and open plan central hub with living, dining and fully appointed kitchen with breakfast bar with gorgeous polished feature timber floors.
Accommodation includes 3 generous bedrooms plus an additional study/studio/guest room making it ideal for young and growing families, downsizers or those working from home. The refurbished semi-ensuite bathroom features contemporary finishes and a separate toilet adds practicality, along with a full laundry with courtyard access.
Parking for cars, boats and caravans will not be an issue with a wide driveway, carport and side annexe that provides easy pedestrian access to the side of the home with extra storage space as well.
This location is all about lifestyle. Walk to Melville Primary School and Melville Senior High School, enjoy nearby Melville Reserve for lush parkland space and the General store and Good grocer just a stones throw away!
+ 3 bed, study, 1 bath
+ Built in robes and storage space
+Open plan living, meals and kitchen
+ Multiple split system aircon units
+ Reticulated front grounds
+ Stunning outdoor private entertaining area
+ Plenty of off street parking
+ 430sqm Survey-Strata block
+ Fantastic family/lifestyle retreat in convenient location
For more information, please contact listing agent Michael Forzatti on 0419 904 907.
Disclaimer:
* The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
Listing description written by Michael Forzatti, One Residential — reproduced as published, not verified by Districts.