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WA › Koondoola › Meldrum Way

18 Meldrum Way, Koondoola WA 6064

House

$430,000

Last sold

5 Aug 2022

5

Bedrooms

2

Bathrooms

1

Car spaces

695 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $430,000 (5 Aug 2022).(Recorded sale)
  • FactLand 695 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Koondoola (last 5 years) with land size: median $903/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Local road (796) under the WANNEROO.(Landgate SLIP · 31 Aug 2026)

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?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$430,000

5 Aug 2022 · derived via latest_sale

Local land rate: recorded House sales in Koondoola (last 5 years) with land size have a median of $903/m² of land (n=99). Districts calculation from recorded sales — not a valuation.

Koondoola at a glance

4,219

People

$809,000

Median sale

$660/wk

Median rent

4.24%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Koondoola report →

Vs Koondoola

-46.8%

Median sale

Suburb $809,000

+3.74 pp

Gross yield

Suburb 4.24%

Suburb median $809,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

WANNEROO

Zone

Local road

796

Jurisdiction

Wanneroo

Wanneroo, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 856725

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 detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$430,0005 Aug 2022
  2. Listedprice unknowncompleted19 July 2022
  3. Listedprice unknowncompleted19 July 2022

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 695 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

Flood overlay has not been queried for this lot. 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

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

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.

2 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 695 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?

    Knownmedium

    Official parcel about 697 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Koondoola in one glance

Koondoola at a glance

4,219

People

$809,000

Median sale

$660/wk

Median rent

4.24%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Koondoola report →

Keep researching

  • Why Koondoola? Read the area thesis →
  • What else is on the market in Koondoola →
  • Other records on Meldrum Way →

Listing material

Listed by Professionals Granger Clark Real Estate

Home Open Canceled - Under Offer!!

Big 5 Bedroom Family Home!!

When Size Matters! This is BIG!!!

This would have to be one of Koondoola's BIGGEST most versatile homes.

Read the full description

Could be a massive family home? or an income producing multi rental?

View and decide yourself! Zoned R20/60

Grand entry foyer.

Formal lounge with roller shutters and split air-conditioning system.

Main bedroom with roller shutters and split air-conditioning system.

Bedroom 2 with shared air conditioning.

Bedroom 3 with shared air conditioning.

Main bathroom.

Dining/meals area with shared air conditioning.

Kitchen with heaps of bench and cupboard space.

Laundry.

Family room overlooking patio area with split air-conditioning system.

Games room.

Bedroom 4 with BIR's and box A/C

Bedroom 5 with BIR's and box A/C

Second bathroom.

WC.

Solar panels.

Gas storage hot water system.

Huge rear under cover patio.

Single carport with lockup front gate.

Heaps of secure parking for extra cars, boats, trailer & caravans.

So close to shops, transport, parks & schools.

Zoned R20/60

Approx 695 sqm block

Built 1975

Call Russell now to view 0429 927 720

Listing description written by Russell Rath, Professionals Granger Clark Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.