Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
WA › Millars Well › Mears Ct
4
Bedrooms
2
Bathrooms
2
Car spaces
728 m²
Land
179 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Millars Well (last 5 years) with land size have a median of $982/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 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 728 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 $1,000/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 728 m² — that is not official geometry.
Nearby development pipeline
Area
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White KarrathaComing to the Market by Public Auction on 2nd October 2025, is this lovely home, situated on a 728sqm block in a cul-de-sac street, in a fantastic central location and walking distance to the Tambrey Shopping Complex.
The large front yard has ample parking space and a double carport and storeroom.
Walking through the front door, the entry hall has 2 double storage cupboards and tiled flooring, to the left of the entry is the lounge room with carpet flooring and split system air conditioning and a sliding door to the kitchen.
To the right of the entry is the main bedroom and ensuite bathroom. The bedroom has carpet flooring, split system air-conditioning, walk-in robe and sliding door to the ensuite bathroom, with shower, single vanity and toilet.
The kitchen has ample bench and cupboard space, with electric cook top, oven and rangehood. Looking out the kitchen window you have views to the undercover rear patio and pool area.
The dining area, also overlooked by the kitchen, has vinyl flooring, split system air conditioning and a glass sliding door to the rear undercover patio.
The large laundry is through a sliding door off the back of the dining area. It has a trough, built in storage cupboard and glass door to the rear yard.
The 3 minor bedrooms, located at the rear of the house, off the passage from the dining area and all have split system air conditioning and built in robes, 2 have carpet flooring and 1 has vinyl flooring.
The family bathroom has a shower, single vanity and bath. There is also a separate powder room toilet with hand basin.
The rear yard is perfect for entertaining or relaxing with a large undercover patio with access from the lounge, dining and laundry, overlooking the sparkling blue below ground pool with well established, reticulated gardens! It is a tropical oasis, perfect for the hot the Pilbara summers!
The property is currently leased at $1375 per week until 26/11/2025, so you can buy it as an investment and keep the very good tenants, or buy for yourself and have vacant possession after settlement.
Water Rates: $1,241 p.a approx. Council Rates: $3220 p.a approx.
Make sure you come and have a look at this property for yourself; we will have the following Home Open times prior to Auction -
Saturday 27th Sept from 10.30am to 11am
Wednesday 1st Oct from 5.30pm to 6pm - Final Opportunity prior to Auction
Auction Details:
Date: Thursday 2nd October 2025
Time: 5.30pm for Registrations, Auction Starts 6.30pm
Location: In Rooms - Tambrey Tavern Bistro, Tambrey Drive Nickol
Deposit: $20,000 on the fall of the hammer via direct transfer
Settlement Terms: 30 days from auction date or to otherwise be negotiated
All bidders must be registered
Sold 'As Is' with no warranties, Buyers must do their own due diligence prior to Auction
Please Note: The Seller reserves the right to sell the property prior to the auction
For more information on the Auction process or this property, submit your online enquiry, or call Jo Tolomei on 0419 912 622, today!
NOTE: The interior photos used for this advertising were taken prior to the current tenancy, to protect their privacy.
Ray White Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Distances & Measurements quoted are approximations and are not guaranteed. Reference to a location feature does not guarantee availability of that particular feature. All suggestions are subject to City of Karratha & other regulatory approvals. Prospective buyers should make their own enquiries as to the reliance in the accuracy of this information in making their purchasing decision. Further enquiries are welcome on 9185 2444.
Listing description written by Jo Tolomei, Ray White Karratha — reproduced as published, not verified by Districts.
Nearby 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.