Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
WA › Two Rocks › Rainbow Parkway
$1,000,000
Last sold
20 Feb 2026
6
Bedrooms
3
Bathrooms
3
Car spaces
450 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
$1,000,000
20 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Two Rocks (last 5 years) with land size have a median of $1,010/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Two Rocks
+28.2%
Median sale
Suburb $780,000
-0.87 pp
Gross yield
Suburb 3.97%
Suburb median $780,000 from 75 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 450 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 $596/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 450 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
Two Rocks at a glance
5,761
People
$780,000
Median sale
$596/wk
Median rent
3.97%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Perth Lifestyle Residential Lifestyle Is Where It BeginsLocated in the heart of Two Rocks, this high-performing dual-dwelling property presents an outstanding investment opportunity in one of the area's most sought-after coastal communities, across the road from the beautiful new Hugill Park. Currently achieving $1,150 per week with the two income streams, secured leases in places and a prime Two Rocks coastal position, this is a strategic investment offering immediate returns and long-term upside.
13 Rainbow Parkway (4 bedroom) is a modern and spacious four-bedroom residence with excellent tenants in place until March 2026. All bedrooms feature built-in mirrored robes, while ducted reverse-cycle air-conditioning ensures year-round comfort. High ceilings enhance the open-plan kitchen, meals and lounge area, creating a light and functional living space. Stone benchtops throughout add durability and appeal, supported by a gas hotplate, electric oven and dishwasher. Reticulated lawns and garden beds offer low-maintenance outdoor living, complemented by an entertainer's patio-features that strengthen rental appeal and occupancy stability.
13A Rainbow Parkway (2 bedroom) operates as a fully independent two-bedroom dwelling with its own separate entrance, again with excellent tenants in place until March 2026. Both bedrooms include built-in mirrored robes, with ducted reverse-cycle air-conditioning throughout. A large built-in double linen and storage unit and internal laundry add valuable practicality for tenants. Positioned directly opposite Hugill Park, this residence benefits from a desirable outlook and proximity to open space.
13 Rainbow Parkway (Currently Tenanted at $600/week - Leased March 2026)
• Plunkett 2025 Built | 4x2x2 | 450sqm
• High ceilings to open plan, living, kitchen zone
• Master bedroom with ensuite and WIR
• Bedrooms 2, 3 + 4 double mirrored BIR
• Stone bench tops throughout property
• Kitchen with 900mm electric oven, 5 burner gas cooktop, stainless steel rangehood, dishwasher
• Built in laundry via garage
• Direct secure access to the home
• Ford & Doonan Ducted reverse cycle air-conditioning
• Modern downlights fitted throughout
• Automatic reticulated gardens & lawns
• Rheem Instantaneous Hot Water
13A Rainbow Parkway (Currently Tenanted at $550/week - Leased till March 2026)
• 2 Bedrooms and 1 Bathroom with internal laundry
• Bedrooms 1 + 2 double mirrored BIR
• Kitchen with stone bench tops, electric oven and stove top, stainless steel rangehood, dishwasher
• White backed double built-in linen & storage
• Ford & Doonan Ducted reverse cycle air-conditioning
• Dedicated car bay plus
Location Features:
• Situated in the sought-after ATLANTIS Estate
• Few moments drive to local beaches and Marina
• Tavern, restaurants, cafés, library and recreation centre all close by
• Convenient access to doctors, dentist, pharmacy, IGA and local shops
• Excellent nearby schools and day-care facilities
• Yanchep Train Station and Freeway extension at Alkimos 10 -15 minutes away
Please request for a video walk through for each property as we move towards the festive season. Viewings will be orchestrated at a later date - Angela Moore 0421 951 088
*Don't Miss This Great Opportunity! Call Me Today - Angela Moore 0421 951 088
For Coming Soon Listings, Follow Me - facebook.com/angelamoorerealestate
** Some images included in the listing have been captured prior to tenancy for the purpose of sale **
Disclaimer: The above information has been provided by sources we deem to be reliable. We do not accept any responsibility to any person for its accuracy. All interested parties should rely upon their own enquiries in order to determine the accuracy of this information.
For Coming Soon Listings, Follow Me - facebook.com/angelamoorerealestate
Disclaimer: The above information has been provided by sources we deem to be reliable. We do not accept any responsibility to any person for its accuracy. All interested parties should rely upon their own enquiries in order to determine the accuracy of this information.
Listing description written by Angela Moore, Perth Lifestyle Residential Lifestyle Is Where It Begins — reproduced as published, not verified by Districts.