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WA › Mullaloo › Meridian Dr

55 Meridian Dr, Mullaloo WA 6027

House

$1,186,000

Last sold

16 Sept 2024

3

Bedrooms

3

Bathrooms

2

Car spaces

450 m²

Land

186 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,186,000 (16 Sept 2024).(Recorded sale)
  • CalculationRecorded House sales in Mullaloo (last 5 years) with land size: median $1,781/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,186,000

16 Sept 2024 · derived via latest_sale

Local land rate: recorded House sales in Mullaloo (last 5 years) with land size have a median of $1,781/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Mullaloo at a glance

6,946

People

$1,457,872

Median sale

$758/wk

Median rent

2.70%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mullaloo report →

Vs Mullaloo

-18.6%

Median sale

Suburb $1,457,872

+0.62 pp

Gross yield

Suburb 2.70%

Suburb median $1,457,872 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,186,00016 Sept 2024
  2. Listedprice unknowncompleted17 July 2024

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 450 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 $758/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

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

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 450 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

Mullaloo in one glance

Mullaloo at a glance

6,946

People

$1,457,872

Median sale

$758/wk

Median rent

2.70%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mullaloo report →

Keep researching

  • Why Mullaloo? Read the area thesis →
  • What else is on the market in Mullaloo →
  • Other records on Meridian Dr →

Listing material

Listed by Harcourts Alliance Joondalup

Sold Sold Sold

**Fantastic Investment opportunity**

Introducing a luxurious low maintenance executive double-story home in the sought-after coastal suburb of Mullaloo.

This stunning home boasts 3 King bedrooms, each complete with its own ensuite bathroom, ensuring ultimate comfort and privacy for all occupants.

Read the full description

Ascend to the upper level to discover a versatile retreat that can easily be transformed into a home office, providing the perfect space for work or relaxation. Security fly screens adorn the property, offering peace of mind and added protection.

The heart of the home lies on the ground floor, featuring a large open plan living and dining area that seamlessly flows into a spacious kitchen equipped with ample storage space and a generous scullery/laundry. Stacker sliding doors lead out to a sprawling all-weather entertaining area, ideal for hosting gatherings or simply unwinding in style.

Step outside to a well-maintained garden with an inviting below ground pool, creating a serene oasis for outdoor enjoyment. The 450sqm block offers ample space for outdoor activities and relaxation.

Additional features include a 4WD-friendly double garage, solar panels for energy efficiency, reticulation for easy maintenance, and ducted air conditioning for year-round comfort. This exceptional property combines luxury, functionality, and convenience, making it the perfect choice for those seeking a premium coastal lifestyle in Mullaloo.

FEATURES:

Modern kitchen with ample benchtop space and quality stainless steel oven, gas burner hob, range hood and 4 stall breakfast bar.

Light and bright open plan lounge and dining room

Ample storage space

Master bedroom with sliding door wardrobe and ensuite bathroom

Powder room

Bedroom 2 and 3 are both king sized with their own ensuite bathrooms (bedroom 3 is semi ensuite off the family bathroom) with build in and walk-in wardrobes

Security shutters and fly-screens

Ducted reverse cycle A/C

Gas storage hot water system

Double brick home on both levels.

Solar panels 4.5 KW

Plunge pool

Grassed area for kids or pets

Glass pool fencing

Large all weather entertaining area that stretches across the entire rear of the home with external power points and gas bayonet.

Easy-care native gardens front and rear, with raised garden beds to the rear.

Enclosed, private and gated front courtyard.

External storage room, external sink area and external water tap

Double garage with off street parking.

Block size 450 sqm (approx)

Living area 186 sqm (approx)

Built in 2012 (approx) built by Summit Homes

**** PLEASE NOTE: THIS HOME HAS A TENANT IN PLACE UNTIL 12TH JUNE 2025 PAYING $850.00 PER WEEK***

Close to all amenities, including walking distance to Mullaloo Heights primary school, Mullaloo beach, Mullaloo surf club, Mullaloo Tavern and hotel, Swell and Dome coffee shops.Mullaloo Plaza shopping centre, approx 1 miunte drive away. Whitford city and Joondalup city shopping centres, the new Ocean Reef Marina and much much more. Don't miss the opportunity to secure this beautiful home. Contact me 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 Terry Clark, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.

Districts

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

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