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 › Preston Rd
$591,500
Last sold
16 Apr 2025
4
Bedrooms
1
Bathrooms
3
Car spaces
711 m²
Land
105 m²
Building
Districts View
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
$591,500
16 Apr 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
-21.1%
Median sale
Suburb $750,000
+1.02 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 711 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 711 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 Coulson & CoCoulson&Co proudly present 20 Preston Road - Click 'Read More' for property details and price guide.
Viewings : Please note as property is tenanted the only available viewings are at the advertised home opens.
✓ RENTAL APPRAISAL | $600-$620 per week.
✓ Build year 1977 Block size 711
✓ Current Status : Tenant paying $510 per week, fixed term lease until 17 March 2025.
Welcome to 20 Preston Road - the perfect blend of comfort, convenience, and investment potential. This well-appointed property offers space, practicality, and a range of standout features, making it ideal for families or savvy investors. With a sparkling below-ground pool, solar panels, and two separate living areas, this home truly has it all. Currently tenanted until 17 March 2025, it also provides a steady rental income.
FEATURES YOU WILL LOVE :
✓ Below-Ground Pool: Relax and cool off in your private backyard retreat.
✓ Solar Panels: Enjoy energy efficiency and savings on electricity bills.
✓ Evaporative Air Conditioning: Stay cool and comfortable all year round.
✓ Two Separate Living Areas: Space for everyone to relax and unwind.
✓ Enclosed Patio: A versatile area perfect for entertaining or additional living space.
✓ Prime Location: Close to schools, parks, shopping centres, and public transport.
*While every effort has been made to ensure information is current and correct at the time of publication, buyers must conduct their own due diligence
HOW TO OFFER :
Head to my Offer portal - https://propps.me/michaelcoulson
Scroll down and find this listing. Register in 30 seconds and submit your Offer.
Offers are non binding until the Seller accepts your Offer and a Contract is drawn up and accepted by you and the Seller. A draft contract of sale with Sellers disclosure statement and certificate of title is available to view via the portal.
Include your terms -
Deposit payable if Offer is accepted - normally $10,000 to $20,000 (no minimum)
Subject to Finance (if applicable) Please state loan amount. e.g. 80% and include your brokers contact details, if you are happy for us to contact them
Please include in notes if you have a pre approval in place
Select if you would like pest and building inspections
Coulson&Co homes are sold subject to electrical, plumbing and gas being in fair working order, unless otherwise stated in the Sellers Disclosure Statement
Prior to presenting your Offer - Our Sellers request that we (with your permission) contact your broker and have our broker contact you to qualify your finance position.
We double qualify finance on our Offers to give the Sellers as much confidence in accepting your Offer as possible. If a Seller is confident your finance will be approved they are more likely to accept your offer.
Tell me more about the benefits of Pre Launch campaigns for Buyers and Sellers :
Are you in the market to buy? Send an email enquiry through on this listing and you will be added to Kwinana's most extensive buyer list, gaining exclusive access to Coulson&Co's Pre Launch Properties. As the number 1 selling agency in Kwinana, we have a greater number of buying opportunities to offer you.
Looking to sell? Discover how we can sell your home in less than 30 minutes using our highly effective Pre Launch campaign.
Benefits of our Pre Launch approach include:
✓ Minimal property preparation
✓ No home opens required
✓ Stress-free process
✓ Option to rent back while you search for your new home
If your property is on a 300sqm or larger lot, does not require major renovations, and has the potential to achieve a rental yield of 5% - 6% (we will provide a precise calculation for you), we are eager to explore the opportunity of bringing you an offer within 7 days. Best of all, it will require less than 30 minutes of your time and absolutely no commitment or upfront costs.
Listing description written by Michael Coulson, Coulson & Co — reproduced as published, not verified by Districts.