Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
WA › Millars Well › Kallama Pde
$435,000
Last sold
4 Dec 2024
2
Bedrooms
2
Bathrooms
2
Car spaces
304 m²
Land
94 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
$435,000
4 Dec 2024 · derived via latest_sale
Local land rate: recorded Unit sales in Millars Well (last 5 years) with land size have a median of $1,734/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Vs Millars Well
-39.6%
Median sale
Suburb $720,000
+4.73 pp
Gross yield
Suburb 7.22%
Suburb median $720,000 from 51 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 304 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 $1,000/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 304 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
Millars Well at a glance
2,347
People
$720,000
Median sale
$1,000/wk
Median rent
7.22%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark Karratha6C Kallama Parade, Millars Well could be your ideal destination, whether it be for yourselves with room for overnight guests, sharing with a flatmate or couple, or snapping up as a sensible, low maintenance investment.
What to love?
This charming property is more than a unit, set on a generous land size of 304 m2, providing plenty of space for comfortable living.
With 2 bedrooms, 2 bathrooms with showers, vanities and toilets, and 2 convenient parking spaces, it’s perfect for anyone wanting their own space and privacy.
Step into a home where comfort meets functionality. Each of the carpeted bedrooms has built-in robes - with one boasting three! - ensuring lots of storage for all of your belongings. Stay cool and comfortable year-round with the added convenience of air conditioners throughout the house.
The open-plan design seamlessly integrates the tiled dining and lounge areas, creating a spacious and inviting atmosphere. A pop of colour in the blue feature wall adds a touch of fun and brightness to where you'll find room for your table and chairs, lounge furniture and the biggest of TVs.
The kitchen overlooks the living area but if you’re a messy chef, the part-wall separation expertly hides everything away. It’s equipped with a modern in-built oven, microwave niche and fridge space, as well as a dedicated place for a dishwasher, perfect for those who love to cook and entertain.
Outside, vehicle accommodation is catered for with a double carport, providing protection from the elements and easy access to your home. An external patio surrounded by low-maintenance gardens creates the perfect spot for relaxation and outdoor gatherings and there's a handy storeroom as well!
This well-presented unit with its twin-gabled roofline ensures comfortable and stylish living in the vibrant community of Millars Well. Seeking offers from $430,000, it should be on your must-see list!
What to know?
Block size: 304m2
House size: 94m2
Built: 2006
Council Rates $1,895.10 appox
Water Rates $998.11
Strata Levy: $649.30/quarter
Who to talk to?
For more information about the property and to make your offer, contact Jordan James on 0458 193 869 or Emily O'Brien on 0477 652 423.
Listing description written by Jordan James, Realmark Karratha — reproduced as published, not verified by Districts.