Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
WA › Piara Waters › Modena Rd
$892,000
Last sold
13 Oct 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
313 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
$892,000
13 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Piara Waters (last 5 years) with land size have a median of $2,333/m² of land (n=147). Districts calculation from recorded sales — not a valuation.
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Vs Piara Waters
-12.1%
Median sale
Suburb $1,015,000
+0.63 pp
Gross yield
Suburb 4.54%
Suburb median $1,015,000 from 120 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 313 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 $886/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 313 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
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Heritage RealtySituated less that half an hour from Perth, Fremantle, and Coogee Beach and directly opposite Piara Nature Reserve, Madox has over 400 premium homesites within walking distance of landscaped parklands featuring a community garden and cafe, green open spaces, playgrounds, bike paths, boardwalks, fitness nodes, walkways and artwork.
Madox's master plan offers a range of future facilities including a future school location and a Community and Sporting facility with two hectares of playing fields. What's more, Madox is positioned close to established schools, shopping centres, major arterial roads and public transport.
This well maintained home in a beautiful location, this area is very sought after - Schools / Parks / Shops / Day care are all nearby
Inside
3 Bedrooms
Master Suite is KING size with his / hers robes, Ensuite has stone benchtop large shower with double head and separate wc
Both Minor rooms have double mirror robes
Minor Bathroom has single vanity stone bench, double head shower with screen and bath
Separate Theatre / Cinema room ( could convert to a 4th Bedroom )
Large Kitchen which has stone benchtop, glass splashback, gooseneck tap, double sink, 900mm stainless steel appliances, dishwasher and a huge walk in panty
There is a multipurpose - scullery section / coffee station / laptop computer nook / bag drop zone / or build loads more cupboards area ( you decide what is best for your family )
Need to Know
SOLAR 5kw - 16 Panels
DUCTED REVERSE ZONED - Air Con
LED Lighting
NBN
Tinted Windows - all bedrooms & theatre
Quality Easy Care Wood Look Floor & Carpets
STONE benchtops in kitchen & bathrooms
Large Walk in Pantry
Outside
Alfresco Under the Main Roof
Rear access from garage thru single door
Reticulation
Gas Instant Hot Water System
Easy Care backyard
Builder - Homebuyers Centre
Built - 2021
Living - 145m2
Total - 180m2 approx
Land - 313m2
Rates - $3,000 per year approx
Water - $300 per bill approx
As an INVESTMENT PROPERTY - rent per week is $800 approx
IF YOU WISH : You can (use Camera) scan the QR CODE - To place and expression of interest once received you will automatically via email receive the checklists and title - any questions email gillianragan@gmail.com - If selected you will be sent the proper offer via DocuSign
IF YOU WISH : For OVER EAST buyers I have SOLD many homes this year purchased "SIGHT UNSEEN" Please view house plan and photos, see detailed write up. I have checklists for everything to ensure that your purchase goes smoothly
Listing description written by Gillian Ragan, Heritage Realty — reproduced as published, not verified by Districts.