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WA › Carey Park › Underwood St

11 Underwood St, Carey Park WA 6230

For saleHouse for Sale

$779,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

729 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $779,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $779,000(Listing record · 29 June 2026)
  • FactLand 729 m²; no building size recorded.(Property record)
  • CalculationAsk is 26% above the Carey Park median recorded sale ($618,000, n=53, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Carey Park's advertised median rent ($560/wk), implied gross yield would be 3.74% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$779,000

Asking · $1,069/m² of land

No recorded sale for this property.

Carey Park at a glance

5,678

People

$618,000

Median sale

$560/wk

Median rent

4.71%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Carey Park report →

Vs Carey Park

+26.1%

Median sale

Suburb $618,000

-0.97 pp

Gross yield

Suburb 4.71%

Suburb median $618,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$779,000
Stamp Duty (Western Australia)
$31,234
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$814,159

$35,159 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Carey Park's advertised median rent — not a rent for this listing.

Net yield
2.24%
Annual cashflow (pre-tax)
$-23,073
Interest cover (DSCR)
0.43
Annual rent
$29,120
Operating expenses
$11,685
Loan amount
$623,200
Annual interest
$40,508
Gross yield
3.74%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$779,000available29 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 729 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.7%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 729 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Carey Park in one glance

Carey Park at a glance

5,678

People

$618,000

Median sale

$560/wk

Median rent

4.71%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Carey Park report →

Keep researching

  • Why Carey Park? Read the area thesis →
  • What else is on the market in Carey Park →
  • Other records on Underwood St →

Listing material

Listed by LJ Hooker Property South West WA

Beyond Average (Huge) Home on Bigger Block!

Boasting 4 bedrooms, 2 bathrooms and a separate office, this spacious home is designed to accommodate the needs of growing families!

This unique, incredibly large family home, built by a boutique builder is set on an above-average 729 square metre "high side" block and conveniently located close to shops, TAFE, university, medical facilities and just a short drive from the CBD, this solid double brick and tile home offers plenty of space and practicality for families, investors or those seeking room to move. Inside, the home features high ceilings and a functional floor plan comprising a spacious open-plan living, kitchen and dining area, a separate tiled lounge with wood fire and gas bayonet, and a large formal dining room or second living space behind double French doors. The spacious master bedroom is complete with a walk-in robe and ensuite, while the queen-sized minor bedrooms, large family bathroom and separate office with external access provide flexibility for a range of lifestyles.

Outside, the property offers a low-maintenance lifestyle with easy-care reticulated lawns and gardens and a grassed backyard. The covered patio provides a great space for entertaining, while the oversized, very deep, high-clearance garage with its adjoining store/tool room spans approximately 47 square metres in total. Featuring twin automatic roller doors and a separate rear roller door, it provides drive-through access to a fully paved rear driveway and the backyard beyond. Ideal for tradies or those with larger, longer, roof-racked vehicles, the garage also offers secure storage for a boat, camper or trailer. Additional rear parking adds even greater convenience, making this a practical property for those needing extra space for vehicles, recreational equipment or everyday living, all within easy reach of local amenities.

Read the full description

FEATURES:

- Generous 729sqm block

- Strong double brick and tile construction

- Entrance foyer with extensive built-in storage

- Open-plan living, kitchen and dining area

- Spacious kitchen with large corner pantry & double fridge recess

- Formal dining room or home theatre with double French doors

- Spacious master bedroom with walk-in robe and ensuite with double shower and floor-to-ceiling tiling

- Three queen-sized minor bedrooms, two with extra-large built-in robes

- Separate office with external access

- Abundance of linen and hallway storage

- High ceilings throughout

- Reverse-cycle air conditioning

- Ducted evaporative air conditioning

- Tiled lounge room with wood fire

- Gas bayonet for heating

- Gas storage hot water system

- Double remote garage with drive-through access

- Rear access suitable for additional cars, boat, camper or trailer storage

- Storage room off garage

- Large outdoor entertaining area

- Easy-care reticulated lawns and gardens

- Grassed backyard

- Garden shed

- Security cameras around the perimeter

- 700m to ECU and South West Regional Tafe*

- 800m to South West Health Campus*

- 800m to Parks Shopping Centre*

Council Rates: $3,005.54*

Water Rates: $1,313.53*

*Approximate only

Contact James O'Neill on 0451 309 029 or Milan Kokir on 0403 597 101 today to schedule your private viewing and make this house your home sweet home!

Disclaimer - whilst every care has been taken in the preparation of this advertisement and the approximate outgoings, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters. Images are for illustrative purposes.

Listing description written by James O'Neill, LJ Hooker Property South West WA — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.