Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Parmelia › Madden Way
$658,000
Last sold
18 Aug 2025
4
Bedrooms
1
Bathrooms
6
Car spaces
789 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
$658,000
18 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Parmelia (last 5 years) with land size have a median of $924/m² of land (n=170). Districts calculation from recorded sales — not a valuation.
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Parmelia
-12.3%
Median sale
Suburb $750,000
+0.53 pp
Gross yield
Suburb 3.81%
Suburb median $750,000 from 83 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 789 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 $549/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 789 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
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jas & Co. Property GroupJas & Co. Property Group is proud to present this beautifully renovated four-bedroom residence, perfectly positioned on a generous 789sqm corner block with dual street frontages. Combining space, style, and versatility, this move-in-ready home is ideal for first homebuyers, growing families, or savvy investors seeking comfort today and potential for tomorrow.
Inside, enjoy a stylish and contemporary transformation featuring:
• A spacious master bedroom and three additional well-sized bedrooms, all fitted with plush carpets, skirting boards, vertical blinds, and downlights
• A sleek family bathroom with floor-to-ceiling tiling, frameless hobless shower, modern vanity, and premium finishes
• A contemporary kitchen boasting stone benchtops, gas cooktop, chic overhead cabinetry, and quality fixtures
• Open-plan dining flowing into a generous lounge area, complete with air conditioning and a gas bayonet for year-round comfort
Outdoor living offers space, function, and flexibility:
• Expansive rear patio-ideal for an outdoor kitchen, games area, or year-round alfresco entertaining
• Rendered exterior with strong street appeal
• Drive-through access to a large powered shed/mancave-perfect for hobbies, storage, or a potential granny flat (STCA)
• Lockable storeroom for tools and equipment
• Lush front and rear lawns, ideal for kids and pets
• A blank canvas backyard ready for your dream garden, pool, or future development (STCA)
Additional Features:
• Renovated in August 2020 with quality finishes throughout
• Located under 10km to the beach and less than 3km to freeway access-perfect for commuters
• Positioned in a family-friendly neighbourhood with strong future growth prospects
Stylishly updated and packed with potential, this is a property that ticks all the boxes-ideal to move in, lease out, or further enhance. Opportunities like this don't last long.
For further information or to arrange a private viewing, contact Vik Rathee on 0499 989 054 or Jassi Malik on 0423 596 948.
Disclaimer: "These photos are not current and provided for information purposes only and do not form part of any contract and are not to be taken as a representation by the seller or their agent."
Disclaimer: "The information, opinions, and publications available on this website are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter and to help you assess whether you need more detailed information. The material on this website is not and should not be regarded as legal, financial, or real estate advice. Users should seek their own legal, financial, or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up-to-date. However, we do not guarantee or warrant the accuracy, completeness, or currency of the information provided. You should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial, or real estate decisions."
Listing description written by Vik Rathee, Jas & Co. Property Group — reproduced as published, not verified by Districts.