Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
$140,000
Last sold
16 May 2024
4
Bedrooms
1
Bathrooms
3
Car spaces
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
$140,000
16 May 2024 · derived via latest_sale
Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Merredin
-52.5%
Median sale
Suburb $295,000
+7.98 pp
Gross yield
Suburb 7.21%
Suburb median $295,000 from 29 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. 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 $409/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.
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
Merredin at a glance
2,844
People
$295,000
Median sale
$409/wk
Median rent
7.21%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tony Maddox Real EstateAcross from bush land in Merredin, this 4 bedroom home is in a quiet location, on a 1242m2 block. The front verandah is tucked away and nestled amongst an array of plants with a large semi enclosed patio area – the idea place for gardening and growing veggies.
Through your front door, you’re greeted by the large open lounge area. The nook area is perfect for your home office. Here we have hard floors for easy cleaning and the area is serviced by a split system air-con for your comfort. Off the lounge room is the fourth bedroom. This bedroom would be ideal as your main as it’s separated from the remaining bedrooms, or set it up as a theater!
Down the hallway, are three carpeted bedrooms, the largest of the three has room for a king bed. The bathroom is space saving with the shower over the bath and a storage cupboard on the wall.
To the heart of the home is your kitchen/dining area. Plenty of bench space allows for the chef of the family to whip up a storm! Featuring overhead cupboards, under bench storage, a dishwasher, gas stove and breakfast bar. The dining area has rear access through to your large patio area.
The laundry is well sized and has space for further storage if required. The separate toilet is located at the end.
To the rear of the home is a large entertainment patio area which features more established gardens. The rear lawn is perfect for assisting in keeping the home cool.
Side access down the driveway allows you to drive your car into the lock up garage. The garage is the perfect workshop with concrete floor and power and measures approx. 8 x 5m.
The home is serviced by scheme water and electric hot water unit. The home was built in the 1960's and consists of fibro walls and a tiled roof.
Other features:
- Double carport
- Window treatments
- Enclosed rear yard
- Front security door
This property is currently leased at $250 per week with the potential to achieve more.
This home has so much potential to be a great family home, listed at just $165K this property won’t last long!
Viewings by appointment only - contact Faith on 0499 637 684 for more information.
MORE PHOTOS COMING SOON!
Disclaimer: every precaution has been taken to establish the accuracy of this information. The details should not be taken as a representation in any respect on the part of the Seller or its agent. Interested parties should contact the nominated person or office for full and current details. Please note the spa, oven, solar hot water system and evaporative air-con are not in working order.
Property Code: 1576
Listing description written by Faith Kelly, Tony Maddox Real Estate — reproduced as published, not verified by Districts.