Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
WA › Midvale › Farrall Rd
$1,400,000
Last sold
30 May 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
6,208 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
$1,400,000
30 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Midvale (last 5 years) with land size have a median of $1,403/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Midvale
+74.5%
Median sale
Suburb $802,500
-1.66 pp
Gross yield
Suburb 3.89%
Suburb median $802,500 from 24 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 6,208 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 $600/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 6,208 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
Midvale at a glance
3,365
People
$802,500
Median sale
$600/wk
Median rent
3.89%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthRarely does a property come to market that offers the choice of a savvy development project, investment or fantastic forever home on a massive block. Boasting a spacious family home on a 6208 sqm block (yes, you read that right!) and with future development planned for nearby landholdings, this is an opportunity that comes along once in a lifetime. Add in the fact that the neighbouring home is also available to purchase, giving a combined total of 12,416sqm of land, with the potential to sub-divide with the R30/R80 zoning (STCA), the value on offer here is indisputable.
R30/R80 Development Zoning
4 bedrooms and 2 bathroom residence
Lounge room with b/in bar & s/s aircon
Separate dining and sitting/activity area
Big kitchen with 900mm cooker & pantry
Spacious master with WIR & spa ensuite
Large shed and ample ancillary parking
Fenced yard with lush lawn and gardens
3 paddocks, 3ph power and security cameras
6208 sqm blk with subdivision potential
Option to purchase adjoining 6208sqm
Set behind a brick wall with sliding security gate to ensure privacy from the road, the home is set amongst easy care gardens, with much of the massive block partitioned off into fenced paddocks behind the homestead. Verandahs wrap much of the home giving the home an Australiana vibe.
Step through the double door entrance into the foyer of the home which features attractive slate flooring. The foyer separates the dining area and kitchen to the left and a lovely lounge room with built in bar and split system air conditioner to the right. The kitchen is very generous is size and is complete with a 5 burner gas cooktop, dishwasher, pantry and plenty of cupboards for storage. It overlooks an equally generous dining space with gas fireplace and also enjoys a pretty outlook to the gardens.
The master suite is well separated from the minor bedrooms and adjoins a second sitting or activity area, which would make an ideal parents zone. The master bedroom is complete with a walk in robe and has ceiling fans and a split system air conditioner for year round comfort. The adjoining ensuite has a luxurious corner spa bath, shower and separate toilet. The three remaining bedrooms occupy a their own wing and are all of a good size and have ceiling fans and built in robe storage. They share the use of a family bathroom with bath tub and a separate toilet.
Wander outside to find a large shed with mezzanine floor and driveway access that would be great as a workshop or as secure parking for vehicles. The rear yard features lawn lush and easy care gardens and is fully fenced to keep the kids and fur babies safe. the remainder of the massive block is divided into 3 paddocks to the rear.
The options here are limited only by the imagination and this sort of opportunity only presents once in a lifetime. Whether you are looking to land-bank for the future, develop now to reap the rewards (STCA), or just enjoy this great family home and massive landholding in such a central location, you will need to be quick as interest is sure to be strong.
For more information or to arrange to view "Opportunity Knocks" please contact
KERRIE-LEE MARRAPODI - 0415 472 838
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Kerrie-lee Marrapodi, The Agency Perth — reproduced as published, not verified by Districts.