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
$974,000
Last sold
30 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
380 m²
Land
171 m²
Building
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
$974,000
30 June 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
+6.0%
Median sale
Suburb $918,500
-0.25 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 380 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 380 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 Inhabit PropertyAndy Campbell Proudly Presents you 62 Merlot Way, Pearsall!
Beautifully presented and finished with modern styling throughout, this spacious family home offers the perfect combination of comfort, practicality and low maintenance living in one of Pearsall's most sought after pockets. Showcasing multiple living areas, a stunning open plan design and an incredible outdoor entertaining space, this home is perfectly suited for families, first home buyers or investors looking for a move in ready opportunity.
Designed with modern living in mind, the heart of the home features a stylish kitchen overlooking the expansive living and dining area, complete with breakfast bar seating, quality appliances and ample storage. Seamless indoor outdoor flow leads directly to the impressive alfresco entertaining area featuring an outdoor sink and stovetop, creating the perfect setting for year round entertaining with family and friends. With contemporary finishes, neutral tones and spacious interiors throughout, this home delivers both functionality and lifestyle in equal measure.
Features and Rates (Estimated):
Land: 380sqm | Living: 171sqm
Bedrooms: 4 | Bathrooms: 2 | Garage: 2
Built: 2020
Property Type: House
Council: City of Wanneroo
Zoning: Residential
Rental Appraisal: $950pw
Beautifully presented modern façade
1200mm wide entry door
Spacious open plan kitchen, living and dining area
Stylish kitchen with breakfast bar seating
Quality appliances and ample cupboard storage
Multiple living zones perfect for growing families
Spacious master suite with private ensuite
Built in robes to secondary bedrooms
Contemporary bathrooms with modern finishes
Split system air conditioning to all rooms
Neutral colour palette throughout
Seamless indoor outdoor flow
Large undercover alfresco entertaining area
Outdoor kitchen with sink and cooktop without fridge.
Low maintenance gardens and outdoor areas
Double lock up garage with extra height clearance
Large manual roller door from garage to side of property
Move in ready family home in sought after Pearsall location
Walking distance to fantastic amenities and attractions, including (Approximately):
Close to local parks and playgrounds
Close to Pearsall Primary School and local schooling options
Short drive to Wanneroo Central Shopping Centre
Easy access to Wanneroo Road and Ocean Reef Road
Close to public transport options
Short drive to Lakeside Joondalup and Perth northern beaches
Contact Exclusive Selling Agent Andy Campbell on 0450 048 262 for more information.
Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice.
Listing description written by Andy Campbell, Inhabit Property — reproduced as published, not verified by Districts.