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 › Thistle Way
$715,000
Last sold
15 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
312 m²
Land
100 m²
Building
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
$715,000
15 June 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
-8.3%
Median sale
Suburb $780,000
+0.36 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 312 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 312 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 BeginsCompleted in June 2020 this double brick and Colorbond roof home was built by Homebuyer Group in the heart of the Atlantis Beach Estate, which has experienced incredible growth and evolved with increasing infrastructure in the immediate area, with private and public schools, Child Care Centre, Medical and Dental Facilities and a recently opened 24/7 fuel service station and convenience store all within a few minutes walking distance.
The main Two Rocks shopping centre with its fully operational marina and pristine beaches are only a few minutes away. A major supermarket and several additional shops will be opening in the next couple of months.
The new home sits on a 312 sqm level block and has an easy care, three-bedroom, two-bathroom, dual garage, with established front and rear reticulated gardens and lawns. The internal layout is light and bright, with reverse cycle air- conditioning and stone benchtops to the kitchen and bathrooms. The main bedroom is at the front of the home with the secondary bedrooms with robes to the rear, that are serviced by their own bathroom and WC plus a separate laundry with full height cupboards. The central hub of the home has a separate dining area, breakfast bar, and family area that overlooks the well-maintained garden and lawn area.
Currently tenanted at $550 per week, with the lease expiring towards the end of June 2026, so vacant possession is possible by the end of this financial year.
This is an ideal first home buyers' property or may appeal to an investor who wants to invest in this growing coastal suburb which continues to be highly sought after area, the Metrolink rail network is operational from Yanchep providing a 40-minute commute into the Perth CBD or connections throughout the Metropolitan area. There is a regular bus service into the Atlantis Beach Estate that connects to Metrolink in Yanchep.
This property will attract a lot of interest and will potentially go under contract this weekend.
Enquiries to Peter J Turner 0412 912 612 or email peter@plr.net.au
Listing description written by Peter J Turner, Perth Lifestyle Residential Lifestyle Is Where It Begins — reproduced as published, not verified by Districts.