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WA › Bullsbrook › Muchea South Rd

83 Muchea South Rd, Bullsbrook WA 6084

For saleHouse for Sale

$4,500,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

202,342.821 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,500,000(Listing record · 14 July 2026)
  • FactLand 202,343 m²; no building size recorded.(Property record)
  • CalculationAsk is 442% above the Bullsbrook median recorded sale ($830,000, n=47, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bullsbrook's advertised median rent ($725/wk), implied gross yield would be 0.84% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$4,500,000

Asking · $22/m² of land

No recorded sale for this property.

Bullsbrook at a glance

7,905

People

$830,000

Median sale

$725/wk

Median rent

4.54%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Bullsbrook report →

Vs Bullsbrook

+442.2%

Median sale

Suburb $830,000

-3.70 pp

Gross yield

Suburb 4.54%

Suburb median $830,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$4,500,000
Stamp Duty (Western Australia)
$222,866
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$4,726,791

$226,791 on top of the price (5.0% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bullsbrook's advertised median rent — not a rent for this listing.

Net yield
-0.66%
Annual cashflow (pre-tax)
$-263,800
Interest cover (DSCR)
-0.13
Annual rent
$37,700
Operating expenses
$67,500
Loan amount
$3,600,000
Annual interest
$234,000
Gross yield
0.84%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$4,500,000available14 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 202,343 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $725/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 202,343 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bullsbrook in one glance

Bullsbrook at a glance

7,905

People

$830,000

Median sale

$725/wk

Median rent

4.54%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Bullsbrook report →

Keep researching

  • Why Bullsbrook? Read the area thesis →
  • What else is on the market in Bullsbrook →
  • Other records on Muchea South Rd →

Listing material

Listed by HKY Real Estate Bullsbrook

MOGUMBER PARK THE ULTIMATE EQUINE, VETERINARY & BREEDING FACILITY

Inspections by Appointment Only

A truly rare opportunity has arrived to secure one of Western Australia's finest equine properties. Mogumber Park has been purpose-built for horse breeding, veterinary services, spelling, rehabilitation and professional training, offering an exceptional combination of quality infrastructure, productive pasture and outstanding future investment potential.

Set on approximately 50 acres of quality usable pastured land, this impressive estate has been thoughtfully designed to cater for a wide range of equine enterprises while providing a comfortable family lifestyle.

Read the full description

The spacious brick and iron residence, built in 2000, offers generous living throughout and includes a modern kitchen, large bedrooms, double garage, separate one-bedroom granny flat and a stunning below-ground swimming pool.

The extensive equine facilities are second to none and include a substantial approximately 600sqm veterinary clinic and stable complex featuring reception, office, laboratory, kitchen, store room, bathroom, studio, seven horse stalls and a dedicated farrier's stall.

A secondary feed and stable complex (approximately 243sqm) provides a further six stalls, workshop/store, feed and tack room together with an open-ended hay shed of approximately 60sqm.

The property has been carefully developed with an excellent balance of irrigated and non-irrigated paddocks, all complemented by quality fencing, extensive electric fencing and reliable water infrastructure.

Property Features Include:

• Approximately 50 acres of quality usable pastured land

• 5 bedroom, 2 bathroom brick & iron home (built 2000)

• Modern kitchen with generous living areas

• Large bedrooms throughout

• Double garage

• Separate 1 bedroom granny flat

• Large below-ground swimming pool

• Approx. 600sqm veterinary clinic and stable complex

• Reception, office, laboratory, kitchen, bathroom and store

• Studio

• 7 horse stalls plus dedicated farrier's stall

• Secondary feed shed (approx. 243sqm)

• 6 additional horse stalls

• Workshop/store

• Feed & tack room

• Open-ended hay shed (approx. 60sqm)

• 1 x 9 acre paddock

• 2 x 5.5 acre paddocks

• 14 irrigated 1 acre paddocks (with shelters)

• 16 irrigated ½ acre paddocks (6 with shelters)

• 3 secure stallion yards

• 15 cattle rail yards with shelters

• 3 covered yards

• Round yard

• Circular arena incorporating Ezywalker and soft-fall matting

• Water tank

• Extensive electric fencing

• Water troughs throughout

• Quality fencing

• Bore with 35,000kL irrigation licence

• General Rural Zoning (City of Swan) located within the industrial investigation corridor.

Positioned on the prominent corner of Neaves Road and Muchea South Road, the property enjoys outstanding accessibility, being just one minute from Tonkin Highway. Located within the Industrial Investigation Corridor, this exceptional holding also presents significant long-term investment potential in addition to its immediate agricultural and equine value.

Whether you are seeking a world-class veterinary practice, breeding operation, spelling facility, training establishment or a premium rural investment, Mogumber Park offers an opportunity that rarely becomes available.

Properties of this calibre are exceptionally hard to find. Contact us today to arrange your private inspection.

The Bullsbrook area is growing at a rapid rate and has many planned upgrades including a new shopping complex, the Stock road link and multiple industrial projects.. The new and improved Stock Road has made it even faster to access the Tonkin Highway and will make daily commuting a breeze.

This one won't last long.

To the fullest extent permitted by law, the agent has exercised skill, due care, and diligence in compiling this advertisement, based on all information obtainable at the time of preparation. Should any aspect of the information provided have, or potentially have, an impact on your decision to purchase this property, prospective buyers are strongly encouraged to conduct their own independent enquiries to verify its accuracy before submitting an offer. Please note, under Western Australian legislation, there is no statutory cooling-off period when purchasing a residential property.

Listing description written by Dan Taylor, HKY Real Estate Bullsbrook — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.