Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Wattle Grove › Phar Lap Rd
$1,075,000
Last sold
16 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
582 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
$1,075,000
16 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Wattle Grove (last 5 years) with land size have a median of $1,565/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Wattle Grove
+7.6%
Median sale
Suburb $999,500
-0.26 pp
Gross yield
Suburb 3.61%
Suburb median $999,500 from 30 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 582 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 $693/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 582 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
Wattle Grove at a glance
7,170
People
$999,500
Median sale
$693/wk
Median rent
3.61%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthWelcome to 14 Phar Lap Road, a beautifully appointed family residence that seamlessly combines modern comfort, stylish design, and everyday convenience in one outstanding package. Boasting four generous bedrooms, multiple living areas plus a theatre, two contemporary bathrooms, and a secure double garage, this home is perfectly suited to growing families, professionals, or investors seeking quality, space, and lifestyle appeal.
This unique corner-lot property offers the ideal setting for those who value both lifestyle and practicality. With dual frontage, it provides additional backyard space to securely accommodate your private boat, an enviable feature for boating enthusiasts.
Set on a generous block and showcasing exceptional presentation, this property is an outstanding choice. Its versatile layout and impressive street appeal ensure it stands out, offering the perfect balance of practicality and lifestyle, a home that will tick all your boxes.
Step inside and be greeted by light filled interiors and a thoughtfully designed floor plan. The master suite offers a private retreat complete with its own ensuite and wardrobe, while the additional bedrooms are generously sized to provide flexibility for children, guests or even a home office. The sleek, open plan kitchen is well equipped with ample bench space, quality appliances and plentiful storage, seamlessly flowing into the dining and living areas, which is a warm and inviting hub ideal for entertaining or relaxing with family.
Outdoors, the easy care backyard creates the perfect setting for weekend barbecues, alfresco dining or simply unwinding in your own private sanctuary. With low maintenance gardens and a double garage offering secure parking for two cars plus extra storage, this home is as practical as it is appealing.
Superbly located, you will enjoy unrivalled convenience, moments from local schools, shopping and everyday amenities, only 20 minutes from the vibrant Perth CBD, and with quick access to both Domestic and International Airports. This is a rare opportunity to secure a home that delivers style, comfort and lifestyle in one of Wattle Grove's most sought after pockets.
Disclaimer: While every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is accurate however may be subject to change without warning at any time and this is often out of our control. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Nicole Tan, The Agency Perth — reproduced as published, not verified by Districts.