Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
WA › Parkwood › Romney Way
For sale
For sale
4
Bedrooms
1
Bathrooms
2
Car spaces
738 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
Asking
No recorded sale price for this property yet.
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
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 738 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 $690/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 738 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
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stratton RealtyPositioned in a sought-after pocket of Parkwood, this well-presented home offers a lifestyle of comfort, practicality, and exciting future potential. Set on a green title block with subdivision potential (STCA), this is a rare opportunity for families, investors, or developers looking to secure a versatile property in a high-demand location.
Inside, the home presents a functional and welcoming layout designed for everyday living. The spacious master bedroom features a built-in robe, while the remaining bedrooms are well-sized and ideal for family, guests, or a home office setup. A separate formal lounge provides a comfortable space to relax or entertain.
The heart of the home is the well-appointed kitchen, complete with a breakfast bar, stainless steel appliances, dishwasher, and ample storage, making it both practical and inviting. Flowing out from the living areas, the alfresco courtyard creates a seamless indoor-outdoor connection, perfect for entertaining or enjoying quiet evenings at home.
Outdoors, the fully fenced below-ground swimming pool adds fantastic lifestyle appeal, ideal for Perth summers, and will be filled and ready for use. With ducted air conditioning, generous parking options, and the added bonus of subdivision potential, this property truly ticks all the right boxes for both lifestyle and future value.
Property Features:
-738Sqm Green Title Block & R20 Zoning
-Corner Block with Subdivision potential into 2 lots (STCA)
-4 well-sized bedrooms
-1 bathroom with a bathtub
-Spacious master bedroom with built-in robe
-3 additional good-sized bedrooms
-Fully Renovated & Well-appointed kitchen
-Stainless steel appliances and dishwasher
-Ample cupboard and storage space
-Separate formal lounge area
-Alfresco courtyard ideal for outdoor living and entertaining
-Evaporative air conditioning throughout
-Separate toilet for added convenience
-Fully fenced below-ground swimming pool (to be filled prior to tenancy)
-Gas hot water system
-Double carport & additional parking for up to 3 cars or more
-Currently Leased $760 P/W
Location Features (Approximate):
-Stockland Riverton Shopping Centre - approx. 3 mins drive (1.5 km)
-Riverton Leisureplex - approx. 4 mins drive (2.0 km)
-Parkwood Primary School - approx. 3 mins drive (1.3 km)
-Lynwood Senior High School - approx. 4 mins drive (2.2 km)
-Riverton Forum & local shops - approx. 3 mins drive
-Local parks and reserves - within walking distance
-Bus stops/public transport - approx. 2 mins walk
-Roe Highway access - approx. 5 mins drive
-Perth CBD - approx. 20 mins drive
Utilities (approx):
•Council Rate: $1,937.83 per year
•Water Rate: $1,130.47 per year
Don't miss out on this wonderful opportunity. This won't last long on the market!
Contact Kai Ng or Vicktor Sutrisno to register your interest.
Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. While every effort has been made to ensure the information is accurate and reliable, buyers should conduct their own independent due diligence to confirm the details provided.
Listing description written by Vicktor Sutrisno, Stratton Realty — reproduced as published, not verified by Districts.