Greenfields at a glance
11,130
People
$730,000
Median sale
$633/wk
Median rent
4.51%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
WA › Greenfields › Karrul Way
$649,000
For sale
Asking
$660,000
Last sold
13 May 2026
2
Bedrooms
1
Bathrooms
2
Car spaces
916 m²
Land
Districts View
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
$649,000
Asking · $709/m² of land
Last recorded sale $660,000 (13 May 2026).
Local land rate: recorded House sales in Greenfields (last 5 years) with land size have a median of $1,003/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Greenfields at a glance
11,130
People
$730,000
Median sale
$633/wk
Median rent
4.51%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Greenfields
-11.1%
Median sale
Suburb $730,000
+0.56 pp
Gross yield
Suburb 4.51%
Suburb median $730,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$28,768 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 Greenfields'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 916 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 $633/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 5.1%. 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 916 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
Greenfields at a glance
11,130
People
$730,000
Median sale
$633/wk
Median rent
4.51%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by H&N PerryWelcome to this well-loved two bedroom, one bathroom home, ideally positioned oh so close to, and with views to, the beautiful Riverside Gardens Reserve on the Serpentine River.
This character cottage is set on a substantial 916m² duplex-potential block and presents an exciting opportunity for homebuyers, investors and developers alike. A very liveable home, buyers can choose to move straight in, renovate and add value, or explore the redevelopment and subdivision potential (subject to council approval), all while enjoying this highly sought-after location.
Imagine relaxing on the front porch in a rocking chair while taking in glimpses along the Serpentine River. Inside, the spacious lounge room enjoys the same outlook and connects with the formal dining area. Positioned at the heart of the home, the practical kitchen also connects with both the lounge and dining spaces.
The freshly painted home offers two good-sized bedrooms. The master bedroom includes a large built-in robe, while bedroom two features built-in cupboards with a benchtop, creating the potential for a study or home office, whilst the room is large enough for the addition of robes and still be a comfortable bedroom. The bathroom includes a modern vanity, a large shower and useful storage, while the separate rear laundry/utility area provides plenty of room for storage and additional useful space.
Step outside to discover a large gabled patio overlooking the spacious, bore-reticulated gardens. It is clear the previous owners took great pride in creating this productive and inviting backyard, which features a potting station, established fruit trees, room for a vegetable garden and several bird enclosures.
The patio connects to an impressive 6m x 9m workshop/games room, positioned to the side of the home. Much of the workshop has been converted into an impressive, air-conditioned games room/studio which is a nicely fitted out making it a versatile area ideal for hobbies, entertaining or a creative workspace. It is truly a great extension of the homes living space!
The front section of the workshop/games building, which faces the carport, presents as a functional workshop fitted with roller door for access, benches and storage racks. The new owner can retain the current configuration or restore the entire building to a large, powered workshop.
Whether you are seeking a comfortable home with character, a renovation project with potential, or a possible development opportunity, this property offers plenty of scope.
The Riverside Gardens Reserve, on the banks of the Serpentine River, is just a short walk away, with play equipment, public barbecues and open space for kicking a footy. There is also easy access to the public boat ramp and jetty, perfect for launching a kayak or enjoying a spot of fishing while enjoying the wonderful outlook of the nature reserve or a paddle up the river to explore Lake Goegrup or indeed out to the estuary!
Mandurah City Centre, the Mandurah foreshore, Mandurah Forum Shopping Centre, the hospital, local schools and the freeway are all just a short drive away, providing easy access to the area's many lifestyle conveniences and attractions.
This property is sure to attract strong interest. For further information or to arrange a viewing, please contact Barry Mitting direct on 0414 475 607.
Listing description written by Barry Mitting, H&N Perry — reproduced as published, not verified by Districts.