59 Merrang Circuit, Carramar WA 6031, Australia
Data last updated: 25 Jun 2025
Current Market Valuation
Estimated market value: Ranges from approximately $762,000 to $1,000,000. Median house prices in Carramar are around $875,000 - $885,000. [2, 3, 6, 7, 20, 24, 28]
Notes: Valuation is based on recent median sales data for houses in Carramar, which show strong growth. The property's estimated value by one source is lower than the current suburb median, suggesting potential for growth or that the median reflects a broader range of properties. Recent comparable sales are in the mid-$700k to high-$800k range. [2, 3, 6, 7, 18, 20, 24, 28]
Purchase History
2001-05-19 - $168,000
Property Details
Type:
House
Bedrooms:
4
Bathrooms:
2
Land (sqm):
495
Car/Garage:
2 spaces
Estimated weekly rent:
$760 - $815 per week
Median weekly rent for houses in Carramar is $760 - $797. A comparable 4-bedroom property (69 Merrang Circuit) has an estimated rental income of $815 per week. Rental yields for houses are around 4.68% - 4.8%. [6, 7, 18, 24, 31]
Rental vacancy rate:
Very low, around 0.28% - 0.63% in Carramar.
Council rate:
Estimated based on City of Wanneroo 2025-26 proposed rates: Minimum rate $1,138, GRV rate in $ 7.0902 cents (for Residential Improved).
Water rate:
Requires direct inquiry with Water Corporation WA, based on usage and property type.
Strata fee:
N/A - House property
Home and content insurance price:
Highly variable, requires a specific quote based on contents value and property features.
Zoning Information
LGA:
City of Wanneroo
Zoning:
Residential (implied, typical for suburban houses)
Bushfire:
No
Flood:
No
Heritage:
No
Potential Developments in the Area
State Government:
Joondalup Health Campus expansion (new paediatric ward).
Local Government:
Significant capital works program including new sporting and community infrastructure, road and pathway upgrades, streetlighting, parks and playgrounds, and expansion of the CCTV network by City of Wanneroo.
Location 59 Merrang Circuit, Carramar WA 6031, Australia
What's Nearby
Education
Health & Medical
Transportation
Houghton Dr After Staunton Vale - Bus Stop (approx. 22m away, 1 min walk)
Joondalup Dr After Wanneroo Rd - Bus Stop (approx. 1146m away, 15 min walk)
Joondalup Train Station - Train Station (connects to Perth Underground)
Suburb Performance
Median Price History
Carramar is a family-friendly suburb in Perth's north, known for its strong property market performance with significant annual capital growth. [6, 8, 24, 31]
Last 12 months (up to May 2025) | $885,000 - $888,500
Current (as of March 2025) | $875,775
12-Month Growth Insight
Annual capital growth of 16.77% (houses).
Annual compound growth rate of 14.9% (houses).
Annual growth of 15.7% (REIWA).
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