Madora Bay at a glance
6,009
People
$965,000
Median sale
$661/wk
Median rent
3.56%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
WA › Madora Bay › Parmelia Way
$1,100,000
Last sold
16 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
804 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
$1,100,000
16 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Madora Bay (last 5 years) with land size have a median of $1,666/m² of land (n=130). Districts calculation from recorded sales — not a valuation.
Madora Bay at a glance
6,009
People
$965,000
Median sale
$661/wk
Median rent
3.56%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Madora Bay
+14.0%
Median sale
Suburb $965,000
-0.44 pp
Gross yield
Suburb 3.56%
Suburb median $965,000 from 87 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 804 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 $661/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 804 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
Madora Bay at a glance
6,009
People
$965,000
Median sale
$661/wk
Median rent
3.56%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Powered by Smile Elite WAPerfectly positioned just one house back from the beach. 1 Parmelia Way, a double-storey family home so close to the beach you can hear the waves crashing. This beautiful home offers the ultimate coastal lifestyle with stunning ocean views and a beautifully renovated interior. Set on a generous 804 sqm block, this solid 1980-built home has been transformed into a modern sanctuary, ideal for families, entertainers, or those chasing the beachside dream.
Step inside and be impressed by the large upstairs open plan living area with a wrap-around balcony boasting ocean views, a brand-new gourmet kitchen, complete with sleek cabinetry, an induction cooktop, and a 900mm oven perfect for cooking up a storm after a day at the beach.
Imagine waking up relaxed with an ocean view from the comfort of your master bedroom. The home also boasts three additional, generously sized bedrooms and two bathrooms which have been stylishly renovated with contemporary finishes. Both bathrooms add a touch of luxury to everyday living.
Take advantage of the spacious outdoor areas, ideal for entertaining or relaxing in the sea breeze. A large double, extended height garage with extra length for storage plus a separate huge shed located in the back yard for storage or a workshop. If you need more space to position your boat, caravan or additional vehicles then the side access offers easy access to the rear yard with plenty of room for a pool oasis.
Enjoy ocean views from the comfort of your own home. With nothing left to do but move in and enjoy, this home is a rare coastal gem.
Property features:
- Fully renovated kitchen including induction hob and 900mm electric oven
- Stylish and contemporary fully renovated bathrooms and toilet
- Fully renovated Laundry
- Brand new flooring throughout
- Freshly painted throughout
- Split system aircon upstairs
- Ocean views
- Large 804sqm block
- Built-in 1980 solid and spacious
- Side access to the rear yard
- Just one house from the beach
Don't miss your chance to secure this beautifully updated beachside haven. Homes in this location don't last long!
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Listing description written by Jan Holloway, Powered by Smile Elite WA — reproduced as published, not verified by Districts.