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WA › Yangebup › Mermaid Rise

5 Mermaid Rise, Yangebup WA 6164

For saleHouse for Sale

$1,189,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

461 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,189,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,189,000(Listing record · 29 May 2026)
  • FactLand 461 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% above the Yangebup median recorded sale ($1,055,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Yangebup's advertised median rent ($638/wk), implied gross yield would be 2.79% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,189,000

Asking · $2,579/m² of land

No recorded sale for this property.

Yangebup at a glance

8,410

People

$1,055,500

Median sale

$638/wk

Median rent

3.14%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Yangebup report →

Vs Yangebup

+12.6%

Median sale

Suburb $1,055,500

-0.35 pp

Gross yield

Suburb 3.14%

Suburb median $1,055,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,189,000
Stamp Duty (Western Australia)
$52,349
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,245,274

$56,274 on top of the price (4.7% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Yangebup's advertised median rent — not a rent for this listing.

Net yield
1.29%
Annual cashflow (pre-tax)
$-46,487
Interest cover (DSCR)
0.25
Annual rent
$33,176
Operating expenses
$17,835
Loan amount
$951,200
Annual interest
$61,828
Gross yield
2.79%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,189,000available29 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 461 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $638/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 461 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Yangebup in one glance

Yangebup at a glance

8,410

People

$1,055,500

Median sale

$638/wk

Median rent

3.14%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Yangebup report →

Keep researching

  • Why Yangebup? Read the area thesis →
  • What else is on the market in Yangebup →
  • Other records on Mermaid Rise →

Listing material

Listed by The Agency Perth

Maximise Your Lifestyle!

Breaking the mould in all the best possible ways, this one-of-a-kind 4 bedroom 2 bathroom two-storey stunner flips the script on modern family living with a brilliantly-conceived “reverse” floor plan that is equal parts clever, contemporary and completely captivating.

Perched proudly on a low-maintenance Green Title block, it's a home designed for those who crave something a little different — without compromising on comfort, space or lifestyle.

Downstairs is where peace, privacy and practicality beautifully align, with all four bedrooms thoughtfully positioned away from the hustle and bustle of daily life — creating a quiet sanctuary for rest and retreat. The larger light-filled master suite boasts a decent walk-in wardrobe, a ceiling fan and a connecting ensuite bathroom with a corner shower, powder vanity, under-bench storage, heat lamps and toilet.

Read the full description

The three spare bedrooms all have built-in robes and are serviced by a central main family bathroom with a toilet, shower, heat lamps and vanity (with under-bench storage) of its own. The separate laundry has a linen cupboard, for good measure.

At the rear, a wonderfully private alfresco-entertaining area invites effortless outdoor dining, weekend barbecues and relaxed evenings under the stars, delivering the perfect extension of everyday living, overlooking a splendid backyard with lawn for the kids and pets to play and roam free.

Upstairs, however, is where the magic truly unfolds. Elevated to embrace separation, flexibility and a greater sense of openness, all of the home's living zones take centre stage — accompanied by a dedicated carpeted study that works beautifully for remote professionals, growing families or creative pursuits.

The carpeted media room, next to the study, shares a delightful front balcony with the latter, whilst a bigger second under-cover entertaining balcony deck – with sweeping panoramic and city views – off the expansive north-facing open-plan family, dining and newly-renovated-kitchen area is where most of your casual time will undoubtedly be spent. The fresh and functional kitchen itself features sparkling waterfall-edge stone bench tops, a breakfast bar, double sinks, a walk-in corner pantry, an integrated Electrolux stainless-steel range hood, a stainless-steel Smeg free-standing five-burner gas-cooktop/oven, a microwave nook and a dishwasher/bar-fridge recess.

There is also a powder room on the upper level. Light-filled, airy and designed to bring everybody together, this clever top-floor hub transforms the everyday into something far more special.

The lovely Macrozamia Park sits just around the corner, with other lush green local parks, bus stops, medical facilities, restaurants, The Vale Bar & Brasserie and Beeliar Village Shopping Centre all nearby, as well. An extremely close proximity to terrific schools, the freeway, Cockburn Central Train Station, Cockburn Gateway Shopping City, the Cockburn ARC Aquatic and Recreation Centre, glorious Coogee Beach, the magnificent Port Coogee Marina development, Fremantle and endless entertainment options is merely an added bonus, here.

Unique, functional and refreshingly different, this is exceptional easy-care living with personality, pizzazz and a light and bright floor plan that simply makes sense — proving that sometimes, turning things upside down is exactly the right move!

Other features include, but are not limited to:

• Entry portico – with double front security doors

• Solid wooden floorboards downstairs

• Backyard access from the master and 3rd bedrooms

• Under-stair storeroom

• Toshiba split-system air-conditioning unit and a gas bayonet to the main upstairs living zone

• Bedroom ceiling fans

• Ring doorbell

• Block-out blinds

• Instantaneous gas hot-water system

• Reticulation

• Low-maintenance gardens

• Side drying courtyard

• Side garden shed

• Remote-controlled double lock-up garage – with internal render and portico access

• Easy-care 461sqm (approx.) Green Title block

• City of Cockburn Rates - $2241.33 p/a approx.

• Water Rates - $1,310.47 p/a approx.

• Built in 2011 (approx.)

Contact Exclusive Listing Agent, Zvon Mikulic, now on 0439 811 023 to arrange your private viewing today!

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Zvon Mikulic, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Remote Garage
  • Toilets: 3

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.