Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
$465,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
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
Asking
$465,000
Asking
No recorded sale for this property.
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Midland
-34.4%
Median sale
Suburb $709,000
+2.31 pp
Gross yield
Suburb 4.41%
Suburb median $709,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$20,028 on top of the price (4.3% extra)
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.
Pre-filled with Midland's advertised median rent — not a rent for this listing.
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.
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. 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 $601/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.
Gross yield if leased at the suburb aggregate is 6.7%. 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
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.
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
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate CompassVacant and ready to move in ?
Are you looking for an apartment in a small, modern and well-maintained complex? Well, look no further...!!!
• • • Whether you are a first home buyer, downsizer or an investor, this beautiful and practical apartment ticks all the boxes and will not last.
Positioned on the ground level, this 2-bedroom and 2-bathroom apartment with a spacious living area that opens out out to its own private alfresco and court yard, making it the perfect home that you have been looking for or great investment !!!
*** You can have vacant position at settlement if your a home buyer OR if you are an investor a tenant can be ranged prior to settlement.***
The seamlessly integrated kitchen and dining area strikes the perfect balance and offers generous cupboard storage and quality appliances like a built-in oven, gas cook-top, and range hood, ensuring effortless meal preparation for family and friends.
Property features:
• Impressive two-bedroom apartment with modern features
• The master bedroom boasts a modern ensuite and built-in wardrobe
• The second bedroom is generously sized with a built-in robe
• Well appointed second bathroom with W/C.
• The complex is well-maintained and located in a fantastic neighborhood
• Secure, Remote Gated Complex.
• Exceptional location
• Kitchen features high-quality stainless-steel appliances and stone benchtop with plenty of storage space
• Tiled flooring in the living areas and carpet in the bedrooms
• Split system reverse cycle air conditioning in the living room
• The open plan and functional design maximize space
• The spacious Alfresco /courtyard area is perfect for outdoor living and entertaining guests
• Includes one (1) undercover car bay and additional storage room
• NBN ready for internet connection
• Property is currently tenanted but the lease ends on the 22nd of Oct 2024
• Rental Estimate is $550 to $575 per week in the current market.
Location:
• Located in approximately 2km from Midland Gate Shopping Centre
• Located approximately 3km from Midland Train Station
• Approximately 1km from North Metropolitan TAFE Midland
• Walking distance parks and playgrounds.
For further information about this property and viewing times, Please contact Will. Trainer on 0414 934 693 or email me at will.trainer@fncompass.com.au
Listing description written by Will Trainer, First National Real Estate Compass — reproduced as published, not verified by Districts.