Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
$590,000
Last sold
6 Aug 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
640 m²
Land
84 m²
Building
Districts View
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
$590,000
6 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Midland (last 5 years) with land size have a median of $1,118/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Midland
-16.8%
Median sale
Suburb $709,000
+0.89 pp
Gross yield
Suburb 4.41%
Suburb median $709,000 from 45 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 640 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 $601/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 640 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
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome to 48 George Street Midland — a beautifully designed three-bedroom, one-bathroom home, filled throughout with large living spaces, open & welcoming rooms, and designed perfectly to meet the needs of the family. Currently vacant, this property is now ready for its new owner to move in and make the most of this gorgeous home. Situated on a large 640m2 block, this property has a massive land size for you to make the most of. Don't miss out on this opportunity!
Property Highlights:
• Three-bedroom, one-bathroom home; originally built approximately 1946
• Total lot size of approximately 640 square metres
• Total floorspace approximately 84 square meters
• This property is zoned R40/60
• Fibro and tile design
• Carport with secure roller door for parking
• Drive-through access to backyard
• Fenced front and rear yards
• Front porch looking out over street
• Varnished wooden flooring throughout home
• Front living area with decorative mirror
• Activity area/dining room beside living area
• Two bedrooms to the main section of the home, with ceiling fans
• Room off sleepout could be used as family room or third bedroom
• Dining area adjoining kitchen and sleepout
• Separate study, overlooking by dining area
• Large windows to the sleepout providing plenty of light
• Original style kitchen with plenty of bench space and a wooden design
• Bathroom with shower & tub
• Second toilet outdoors
• Powered workshop with lights & power
• Laundry area within workshop
• Paving and lawn area to backyard
• Undercover patio area for outdoor living
• This property is being sold "as-is"
Location Summary:
• Nearby schools, including La Salle College, St. Brigid's Primary, and North Metro TAFE
• Approximately 15 minutes walk to Midland Gate Shopping Centre
• Shorter walk to Gilbert's Fresh Markets for your daily shopping
• Nearby the Midland Gate Train Station (currently undergoing redevelopment)
Development & Investment Summary:
• 48 George Street is currently zoned R40/60
• Market rent for this property is approximately $580 per week
• Some remedial work may be required to bring the property up to standard for re-lease
• HouseSmart Real Estate is highly active in Midland and the surrounding areas, and can provide high-quality property management services from settlement and beyond
Rates & Fees Estimation:
• Water Rates: $846.65 per annum
• Council Rates: $TBA
Whether looking for a secure investment or for your next home, this property is not one to miss out on - don't miss out on this excellent choice!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.