Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Bennett Springs › Parella Ct
$635,000
Last sold
18 June 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
469 m²
Land
113 m²
Building
Districts View
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
$635,000
18 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Bennett Springs (last 5 years) with land size have a median of $1,554/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Bennett Springs
-37.9%
Median sale
Suburb $1,023,000
+2.26 pp
Gross yield
Suburb 3.70%
Suburb median $1,023,000 from 28 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 469 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 $728/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 469 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
Bennett Springs at a glance
7,302
People
$1,023,000
Median sale
$728/wk
Median rent
3.70%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Modern AgencyModern Agency proudly presents this charming investment property located in the heart of Bennett Springs. Prepare to be pleasantly surprised by its endearing qualities! Boasting 3 bedrooms and 1 bathroom including a semi-ensuite to the Master Bedroom, this residence encompasses all the elements of modern living. From the moment you enter, you'll be greeted by a well-appointed kitchen, a spacious meals/dining area, and both a family room and a formal lounge, perfect for entertaining guests or simply unwinding in style. The allure continues outdoors, where a fantastic entertaining patio beckons, complete with elegant paving and a lush lawn area, ideal for family gatherings or enjoying the sunshine with loved ones.
This home doesn't just stop at its aesthetic appeal; it's packed with additional features to elevate your living experience. Revel in the warmth of wood flooring throughout the living spaces, while high ceilings add an extra touch of grandeur to the ambiance. Stay cool and comfortable year-round with the convenience of split-system air conditioning. Plus, storage solutions abound with a sizable shed in the rear of the property, complementing the convenience of a single garage with rear access and three additional car bays.
In a market where properties are snapped up swiftly, seizing this opportunity is paramount. And with the market on the rise, there's never been a better time to make your move. Conveniently located near upcoming attractions such as the eagerly anticipated Movie World opening in 2025 and the forthcoming Malaga Train Station set to open by the end of 2024, this home is poised to offer unparalleled accessibility. Proximity to public transport, schools, shops, and Perth Airport further enhances its desirability, ensuring that every convenience is at your fingertips. Don't miss out on the chance to secure this exceptional property to add to your property portfolio. Call Raman Walia on 0470442569 or Jessie Nguyen on 0401202995 now to enquire.
CURRENTLY LEASED AT $550pw
EXPECTED RENTAL INCOME $600pw
The Residence
- 469sqm levelled rectangular block
- 113sqm double brick and tile construction
- 3 bedrooms, 1 bathroom, 1 car garage
- 3+ additional parking spaces
- Queen sized master suite with WIR
- Twin sized secondary bedrooms with BIR
- Bathroom with dual entry
- Quality stainless steel fittings & fixtures throughout
- Large open plan kitchen with ample storage
- Ducted air conditioning throughout
- Reverse air conditioning to main living
- Timber laminate floorboards throughout
- Quality carpet to all bedrooms
- Security alarm system
- Fully pave front yard for added parking
- Paved outdoor patio & entertainment area
- Expansive front and rear yard with water-wise plantings
- Large garden shed/workshop to rear
Location Location Location
- 0.5km to Bennett Springs shopping centre
- 2km to Malaga commercial & industrial area
- 1km to Tonkin & Reid Highway
- 10km to Swan Valley wineries
- 12km to Perth Airport
Rates and Fees
- Council rates: $2100 pa
- Water rates: $1181 pa
- Strata fees: $0 pa
Listing description written by Raman Walia, Modern Agency — reproduced as published, not verified by Districts.