Marangaroo at a glance
10,923
People
$958,000
Median sale
$770/wk
Median rent
4.18%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
WA › Marangaroo › Mereworth Way
$590,000
Last sold
20 Sept 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
688 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
$590,000
20 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Marangaroo (last 5 years) with land size have a median of $1,157/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Marangaroo at a glance
10,923
People
$958,000
Median sale
$770/wk
Median rent
4.18%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Marangaroo
-38.4%
Median sale
Suburb $958,000
+2.61 pp
Gross yield
Suburb 4.18%
Suburb median $958,000 from 48 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 688 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 $770/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 688 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
Marangaroo at a glance
10,923
People
$958,000
Median sale
$770/wk
Median rent
4.18%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Granger Clark Real EstateFrom the moment you walk into this lovely 3-bedroom, 2-bathroom home, you will be pleasantly surprised with the warmth, character, and ample living space. And the best part there is not one inch of carpet inside, offering you low maintenance and allergy-free living.
The home needs some maintenance but has enormous potential for the astute buyer/investor.
What you will love about this property:
• Huge master bedroom has walk-in-robe and ensuite
• All minor bedrooms contain built-in-robes
• Generous sized Indoor kitchen with breakfast bar
• Approx 689 sqm of land zoned R20/R40
• Ducted evaporative air-conditioning
• Roller shutters throughout
• Easy care gardens including a plethora of fruit trees, including figs, olives, grapes, citrus, mango and more
• Fabulous Mediterranean-style entertainment area
• Multi-purpose outdoor utility room
• Pot-belly heating in family room
• Gas heater in lounge room
• Spacious double garage with extra storage rooms
• Newly installed Instantaneous Gas hot water system
• Security alarm system
• Two garden sheds
• Pool has been emptied, ready to be re-commissioned or converted.
• This property is a deceased Estate, and the Estate Executor is keen settle the property.
Plus, big benefit of this property is the bore which produces natural drinking spring water, as tested by the local government.
Outstanding location close to:
Public Transport on Wanneroo Rd & Primary Schools
1.3km approx. to Marangaroo Golf Course
11.3 km approx. to Karrinyup Shopping Centre
3.2 km approx. to Warwick Grove Shopping Centre
5.5km approx to Warwick Train Station
10.5 km approx to Hillary's boat harbour
19.2km approx. to Perth CBD
Annual Council rates approx. $1950
Annual Water rates approx $943.00
Built approx. 1978
If you are looking for a high-quality home in a sought-after family suburb, I urge you to visit our next Home Open or call for a private inspection before it's too late. Please call Carlo Guzzi 0414 549 484 or email carlo.guzzi@grangerclark.com.au to discover more.
Listing description written by Carlo Guzzi, Professionals Granger Clark Real Estate — reproduced as published, not verified by Districts.