Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
WA › Parkerville › Wedgetail Circle
$918,000
For sale
Asking
$480,000
Last sold
4 Mar 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
21,853.025 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$918,000
Asking · $42/m² of land
Last recorded sale $480,000 (4 Mar 2024).
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Land sales in Parkerville (last 5 years) with land size have a median of $101/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Parkerville
-37.3%
Median sale
Suburb $1,465,000
+1.38 pp
Gross yield
Suburb 2.30%
Suburb median $1,465,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$42,318 on top of the price (4.6% extra)
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.
Pre-filled with Parkerville's advertised median rent — not a rent for this listing.
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.
Planning
Planning scheme
MUNDARING
Zone
Other local roads
792
Jurisdiction
Mundaring
Mundaring, WA
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.
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.
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
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 21,853 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.
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
No advertised rent is recorded. Suburb median rent $649/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 3.7%. 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
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.
2 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 21,853 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?
KnownmediumOfficial parcel about 22,165 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SaleByHomeOwner.com.au2Ha Vacant lot bordering John Forrest in Parkerville, power connection to property, mostly cleared and ready for development. Current BAL-29 rating. Large landholdings such as this, within quality estates are becoming harder to find. Private viewings can be arranged.
An increasingly rare opportunity awaits with this exceptional 22,258sqm block, 1815 Wedgetail circle, Parkerville. Positioned proudly within Parkerville Highlands estate bordering John Forrest National Park, on the edge of one of the Perth Hills' most sought-after communities, this expansive block offers the perfect combination of tranquility, space and lasting lifestyle appeal.
Surrounded by quality new homes and the attraction of native forest that makes Wedgetail Circle such a desirable place to call home, this is your chance to build without compromise. Whether you envision a sprawling family residence, a private Hills sanctuary or a home designed to embrace outdoor living, this generous block provides the freedom to bring your dream to life.
With power already connected, complete with bore, fencing complete, most clearing done, the hard work has already been done, all that's left is to start planning. One of the standout features of this premium block is its beautiful natural native plants and abundance of wildlife, providing exceptional tranquility. With the abundance of space, your personality could be expressed in your home design, workshop, shed and granny flat with lots of parking. The generous 2000sqm+ building envelope allows the main residence to be positioned almost where your heart desire, maximizing the usable space and leaving plenty of room for everything from a pool and entertaining area to a large shed and landscaped gardens.
FEATURES
• Expansive 22,258sqm block.
• Surrounded by quality homes in the estate community.
• Plenty of room for a substantial home, shed, pool or outdoor entertaining areas (STCA).
• Peaceful setting with a semi-rural Hills atmosphere.
• Easy access to local schools, sporting facilities and community amenities.
• Convenient connection to Mundaring, Midland, Perth Airport and Perth CBD.
LOCATION
Parkerville continues to be one of the Perth Hills' most desirable places to call home, offering a unique blend of space, community and natural beauty. Residents are drawn to this area for its relaxed lifestyle, friendly atmosphere and the opportunity to enjoy a little more room to breathe, close enough to essential services, while feeling like being a million miles away.
Families are particularly attracted to the area for its strong community spirit and tranquil environment. Close to schools such as Mount Helena Primary School as well as Eastern Hills Senior High School, making a convenient transition for kids of all ages. Additional schooling options are available throughout nearby Mundaring, Parkerville and the wider Hills region.
The lifestyle on offer extends well beyond your front gate. Weekends can be spent exploring the many walking trails, bushland reserves and recreation areas that surround this block, while local sporting clubs and community groups provide opportunities for all ages to stay active and connected. The area is well known for its welcoming atmosphere and strong sense of belonging, qualities that continue to attract families seeking a genuine community environment.
Just minutes away, Mundaring offers a fantastic selection of cafés, bakeries, restaurants, supermarkets, medical services and specialty retailers. Enjoy a morning coffee with friends, a relaxed weekend breakfast or an evening meal at one of the many popular local venues, such as the Mulmalling winery just 2 kilometers away. The nearby Parkerville Tavern remains a favorite among locals, providing a warm and welcoming setting to gather with family and friends.
For enquiries please phone: 0475 137 833
Property Code: 2005
Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.