Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
WA › Pearsall › Merlot Way
$785,000
Last sold
6 Mar 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
232 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
$785,000
6 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Pearsall (last 5 years) with land size have a median of $1,969/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Pearsall
-14.5%
Median sale
Suburb $918,500
+0.72 pp
Gross yield
Suburb 4.29%
Suburb median $918,500 from 34 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 232 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 $757/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 232 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
Pearsall at a glance
4,357
People
$918,500
Median sale
$757/wk
Median rent
4.29%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthAdam Naumovski presents…
59 Merlot Way Pearsall
***HOME OPENS THIS WEEK**
Thursday 19th February 5:15 - 5:45pm
Saturday 21st February 11:00 - 11:30am
Sunday 22nd February 11:00 - 11:30am
Welcome to 59 Merlot Way, Pearsall, a beautifully presented, immaculately maintained home that delivers comfort, convenience, and effortless living in one of the area's most sought-after pockets.
Filled with natural light and warmth, this inviting residence is perfectly suited to first home buyers, small families, investors, or FIFO workers seeking a low-maintenance lifestyle without compromising on space or style.
At the heart of the home is the spacious open-plan kitchen, living, and dining area, complete with air-conditioning and designed for relaxed everyday living and easy entertaining. This central hub flows seamlessly to the undercover outdoor alfresco, creating the perfect setting for hosting guests or unwinding at the end of the day.
The well-appointed kitchen features stone benchtops, stainless steel appliances, generous bench space, and ample storage, all thoughtfully positioned to stay connected with family and friends while you cook.
All three bedrooms are generously sized and include built-in robes, with the master suite offering a full-length mirrored robe, air-conditioning, private ensuite, and direct access to the outdoor entertaining area, a true retreat for comfort and convenience.
Set on a 232sqm block, the home boasts a wraparound backyard ideal for children and pets, along with a separate laundry and clothes-drying area that keeps the main outdoor space neat and functional.
The location is equally impressive. Positioned just down the road from Salitage Park, you'll enjoy open green spaces at your doorstep. With a bus stop just 300m away, IGA only 600m down the road, and Wanneroo Markets and Yellagonga Regional Park close by, everyday convenience is assured. Lakeside Joondalup, with its extensive shopping, dining, and entertainment options, is just over 8km away.
This is more than just a home, it's a lifestyle opportunity offering comfort, connectivity, and outstanding value in a thriving community.
Some fantastic features include:
• 3 spacious bedrooms with built-in robes
• Master bedroom with walk-in robe and ensuite
• Open plan kitchen, living and dining area
• Air-conditioned living space filled with natural light
• Stainless steel kitchen appliances
• Abundant bench and cupboard space in kitchen
• Seamless indoor-outdoor flow to covered entertaining area
• Low-maintenance wraparound backyard
• Separate laundry access and drying area
• Double garage with secure parking
• Strata Rates: Approximately $120 p/q
• Located just down the road from the beautiful Salitage Park
• 300m to public transport
• 600m to local IGA
• 2.4km to Yellagonga Regional Park & Wanneroo Markets
• 8.3km to Lakeside Joondalup Shopping Centre
DON'T MISS OUT CALL ADAM NAUMOVSKI ON 0424 364 326
ADAM NAUMOVSKI | FOR ALL YOUR REAL ESTATE NEEDS
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 Adam Naumovski, The Agency Perth — reproduced as published, not verified by Districts.