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.
$579,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
118 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
Asking
$579,000
Asking · $4,907/m² of land
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
-18.3%
Median sale
Suburb $709,000
+0.99 pp
Gross yield
Suburb 4.41%
Suburb median $709,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,443 on top of the price (4.4% 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. Listed land size is 118 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 $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 5.4%. 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. Listed land size is 118 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
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 HouseSmart Real EstateWelcome home to 1/4 Mellar Court, Midland. Positioned at the front of this modern and secure complex, this beautifully presented two-bedroom, two-bathroom residence offers contemporary living, generous outdoor space and a strong investment opportunity in one of Midland's most convenient locations. Built in 2018 and offering approximately 72 square metres of internal living space on a 118 square metre total lot, the home has been thoughtfully designed to maximise comfort, functionality and low-maintenance living. The light-filled open-plan living area flows seamlessly to a private 28 square metre courtyard, creating an excellent space for entertaining guests, relaxing outdoors or enjoying a morning coffee. The modern kitchen features ample cabinetry, generous bench space, gas cooking, built-in oven and quality appliances, while both bedrooms are well-sized and include built-in storage. Split system air conditioning, two modern bathrooms and an internal laundry complete this highly appealing package.
Currently leased at $630 per week until February 2027, this property presents an outstanding opportunity for investors seeking secure rental income within a quality modern development.
Property Highlights:
- Two bedrooms, two bathrooms, one car bay
- Built in 2018
- Front position within the complex
- Total lot size of 118 square metres
- Approximately 72 square metres internal living area
- Private 28 square metre courtyard
- Open-plan kitchen, living and dining area
- Split system air conditioning
- Modern kitchen with gas cooktop, built-in oven and ample storage
- Master bedroom with ensuite bathroom
- Mirrored built-in robes
- Internal laundry with additional storage
- Secure complex with dedicated car bay and visitor parking
Investor Summary:
- Currently leased at $630 per week until February 2027
- Modern 2018 construction suggesting minimal ongoing maintenance
- Strata levies: $987.50 per quarter
- Strong tenant appeal due to location, security and low-maintenance design
- Managed by HouseSmart Real Estate, delivering professional property expertise across Perth
Location Summary:
Enjoy the convenience of a well-connected Midland location, with everyday essentials, education and transport all within easy reach. Midland Gate Shopping Centre is just minutes away, offering major retailers, supermarkets, dining options and entertainment. Commuters will appreciate the proximity to Midland Train Station, together with quick access to Great Eastern Highway, Great Northern Highway and Roe Highway for seamless travel across Perth.
Families and students are well catered for with nearby schooling and education facilities including La Salle College, St Brigid's Primary School and North Metropolitan TAFE Midland. Medical facilities, local parks and recreational amenities are all close by, while the world-renowned Swan Valley is only a short drive away, providing access to award-winning wineries, cafés, restaurants and weekend attractions.
Why you'll love it!
Whether you're looking to expand your investment portfolio or secure a modern property with strong long-term appeal, 1/4 Mellar Court offers the perfect combination of location, functionality and lifestyle.
The desirable front position, generous private courtyard, modern finishes and secure tenancy make this an exceptional opportunity within a sought-after Midland complex.
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.