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WA › Canning Vale › Shreeve Rd

138 Shreeve Rd, Canning Vale WA 6155

For saleHouse for Sale

$1,199,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,199,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,199,000(Listing record · 17 Aug 2026)
  • CalculationAsk is 1% below the Canning Vale median recorded sale ($1,210,000, n=171, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Canning Vale's advertised median rent ($807/wk), implied gross yield would be 3.50% — 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

$1,199,000

Asking · $1,975/m² of land

No recorded sale for this property.

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Vs Canning Vale

-0.9%

Median sale

Suburb $1,210,000

+0.03 pp

Gross yield

Suburb 3.47%

Suburb median $1,210,000 from 171 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,199,000
Stamp Duty (Western Australia)
$52,864
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
$1,255,789

$56,789 on top of the price (4.7% 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 Canning Vale's advertised median rent — not a rent for this listing.

Net yield
2.00%
Annual cashflow (pre-tax)
$-38,369
Interest cover (DSCR)
0.38
Annual rent
$41,964
Operating expenses
$17,985
Loan amount
$959,200
Annual interest
$62,348
Gross yield
3.50%

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$1,199,000available17 Aug 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 607 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 $807/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 3.5%. 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 607 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

Canning Vale in one glance

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Keep researching

  • Why Canning Vale? Read the area thesis →
  • What else is on the market in Canning Vale →
  • Other records on Shreeve Rd →

Listing material

Listed by SellingKey Canning Vale

SellingKey Real Estate presents 138 Shreeve Road, Canning Vale!

Private viewings are also available by appointment. Contact Alexander on 0423 919 066 or Marianne on 0425 903 595 today to organise a time that suits including outside of business hours.

Bright, Beautiful & Spacious Family Home

Beautifully presented and thoughtfully maintained, this bright and spacious family residence has been designed with comfort, functionality and modern family living in mind. Featuring generous living spaces, four generously sized bedrooms and inviting outdoor entertaining, this is a home where everyone can relax and enjoy.

Read the full description

Internal Features:

* Walk through the front door and be instantly welcomed by an inviting hallway; where high ceilings, fresh paint and an abundance of natural light immediately create a bright and appealing first impression.

* The bright study provides a peaceful space for working from home, studying or simply enjoying a quiet moment away from the main living areas.

* A warm and inviting lounge provides the perfect retreat to unwind, curl up with a good book or enjoy relaxed catch-ups with family and friends.

* The generously sized open-plan kitchen, living and dining area provides the perfect setting for family life and entertaining.

* The heart of the home, the kitchen is designed with practicality in mind; offering ample bench space and storage, a double sink, 5 gas burner, Westinghouse oven, dishwasher, pantry and a dedicated recess for the fridge. Everything is thoughtfully positioned to make everyday family living effortless.

* The spacious master bedroom is a wonderful private retreat, featuring a large window overlooking the garden, a generous walk-in wardrobe and a beautifully appointed ensuite. The ensuite boasts two sinks, a glass shower and a separate toilet for added privacy and convenience.

* Three additional generously sized bedrooms each enjoy large windows overlooking the garden, allowing plenty of natural light to fill the rooms. Built-in robes provide practical storage, with the bedrooms offering flexibility for children, guests or a home office.

* A conveniently positioned Activity Room between the bedrooms offers a versatile space for homework, organisation, working from home or simply a relaxed spot to catch up with family.

* The family bathroom is spacious and functional, featuring a glass shower, vanity and bathtub; perfect for busy family mornings and relaxing evenings.

* A separate toilet with a bidet provides additional convenience for the household.

* The laundry is well equipped with a practical sink and direct access outdoors to the clothes airer, adding an extra level of convenience.

* Abundant hallway storage provides plenty of space to keep everyday essentials neatly organised and out of sight.

* Reverse-cycle ducted air conditioning throughout, providing year-round comfort.

* A Commax intercom phone adds to everyday convenience and peace of mind, allowing you to easily communicate with visitors before granting access to the home.

* Recently replaced hybrid flooring adds a fresh, modern feel.

* Freshly painted approximately 3.5 months ago, the home is beautifully refreshed and ready to move straight into.

* A Complete Home Filtration system, installed approximately three months ago, provides better quality water.

* Recently replaced Thermann gas hot water system.

External Features:

* The brick-paved alfresco provides the perfect setting for outdoor entertaining; with plenty of room to gather with family and friends while overlooking the lush, grassed backyard.

* The spacious lawn provides plenty of room for children and pets to play, while the surrounding garden outlooks create a peaceful and private setting.

* A separate storage shed provides valuable additional space for gardening equipment, tools, bikes and family belongings.

* Double garage provides secure parking and additional storage, complemented by the long paved driveway for extra off-street parking.

* Convenient pedestrian side gate allows easy access to the back of the home.

* The additional side gate provides up to 1 additional vehicle parking in the backyard of the home.

* The driveway can accommodate up to 6 additional cars.

Why You'd Love This Home:

* Bright, spacious interiors with high ceilings and plenty of natural light create a warm and welcoming family atmosphere.

* Four generously sized bedrooms, multiple living areas and excellent storage provide the flexibility families need as life changes.

* The open-plan kitchen, living and dining area creates the perfect hub for everyday family life and entertaining.

* Pleasant garden views from the bedrooms bring a wonderful sense of calm and connection to the outdoors.

* The brick-paved alfresco and spacious backyard provide an ideal setting for weekend barbecues, children's playtime and relaxed outdoor entertaining.

* Recent updates including fresh paint, new hybrid flooring, a new gas hot water system and a recently installed whole-home water filtration system mean there's less to do and more to enjoy.

* Practical features including a double garage, long driveway, side access, storage shed and abundant internal storage add everyday convenience.

* A beautifully maintained, light-filled family home offering the space, comfort and lifestyle you've been searching for.

* Walking distance to Cromarty Park, Admiralty Park and Excelsior Primary School.

* A short drive to Livingston shops, The Vale Shopping Centre, Forrest Lakes Shopping Centre, St Emilie’s Catholic Primary School, public transport (including Nicholson Road Railway Station), many parks and other local shops, cafes and restaurants.

Call Alexander on 0423 919 066 or Marianne on 0425 903 595 for more information or to arrange an inspection.

Listing description written by Alexander Moss, SellingKey Canning Vale — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Ensuites: 1
  • Floorboards
  • Remote Garage
  • Secure Parking
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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.