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WA › Stratton › Waterlily Dr

17 Waterlily Dr, Stratton WA 6056

For saleHouse for Sale

$819,000

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

516 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $819,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $819,000(Listing record · 13 Aug 2026)
  • FactLand 516 m²; no building size recorded.(Property record)
  • CalculationAsk is 8% above the Stratton median recorded sale ($757,500, n=30, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Stratton's advertised median rent ($660/wk), implied gross yield would be 4.19% — 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

$819,000

Asking · $1,587/m² of land

No recorded sale for this property.

Stratton at a glance

3,684

People

$757,500

Median sale

$660/wk

Median rent

4.53%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Stratton report →

Vs Stratton

+8.1%

Median sale

Suburb $757,500

-0.34 pp

Gross yield

Suburb 4.53%

Suburb median $757,500 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$819,000
Stamp Duty (Western Australia)
$33,294
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
$856,219

$37,219 on top of the price (4.5% 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 Stratton's advertised median rent — not a rent for this listing.

Net yield
2.69%
Annual cashflow (pre-tax)
$-20,553
Interest cover (DSCR)
0.52
Annual rent
$34,320
Operating expenses
$12,285
Loan amount
$655,200
Annual interest
$42,588
Gross yield
4.19%

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$819,000available13 Aug 2026
  2. Listed$819,000available13 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 516 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 $660/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 4.2%. 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 516 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

Stratton in one glance

Stratton at a glance

3,684

People

$757,500

Median sale

$660/wk

Median rent

4.53%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Stratton report →

Keep researching

  • Why Stratton? Read the area thesis →
  • What else is on the market in Stratton →
  • Other records on Waterlily Dr →

Listing material

Listed by Ray White BPG Thornlie

Updated Family Home With Plenty Of Potential

Positioned in a convenient pocket of Stratton, 17 Waterlily Drive offers a great opportunity for families, first home buyers and investors looking for a well positioned home with plenty of space and room to make it their own.

The home has been updated and offers a practical four bedroom, two bathroom layout, complemented by an additional lounge room that provides valuable separation from the main living area. The main bedroom features its own ensuite and walk in robe, while the remaining bedrooms offer flexibility for family, guests or a home office.

At the heart of the home is the open plan kitchen, dining and living area, creating a comfortable central space for everyday living and entertaining. The separate lounge room adds another living option, making it ideal for larger families or those wanting a dedicated second living area.

Read the full description

Outside, the property continues to offer plenty of space with an undercover patio and good sized grassed backyard. The outdoor area does need some TLC, however its generous size provides plenty of potential to create a fantastic entertaining area or family space. An outdoor shed provides additional storage for tools, equipment and belongings.

Property Features

• Four bedrooms, Two bathrooms

• Renovated home

• Open plan kitchen, dining and living

• Additional lounge room

• Main bedroom with ensuite and walk in robe

• Separate laundry

• Undercover patio

• Good sized grassed backyard

• Outdoor shed

• Generous outdoor area

• Plenty of potential to improve and personalise the outdoor space

Enjoy the convenience of being close to local schools, parks, childcare, shopping and everyday amenities, while also being within easy reach of Midland and the wider Swan Valley.

Nearby amenities:

• Great Schooling options

• Stratton Park Shopping Centre

• Local childcare and early learning facilities

• Local parks and recreational areas

• Stratton Community Centre

• Easy access to Midland's shopping, dining and entertainment precinct

• Convenient access to public transport and Midland Station

• Close to the Swan Valley and its range of wineries, restaurants and attractions

Build year: 1995

Block size: 516sqm

Zoning: R20

Council rates: $2,350 pa (approx)

Water rates: $1,090 pa (approx)

Tenancy details: Currently tenanted at $740 until 4/08/2027

**Disclaimer: Ray White BPG have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**

Listing description written by Shahbaj Brar, Ray White BPG Thornlie — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.