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WA › Morley › Frimley Way

21 Frimley Way, Morley WA 6062

For saleHouse for Sale

$1,340,000–$1,390,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

6

Car spaces

734 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,340,000–$1,390,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,340,000–$1,390,000(Listing record · 18 June 2026)
  • CalculationLand 734 m² against a 172 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 37% above the Morley median recorded sale ($975,000, n=53, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morley's advertised median rent ($718/wk), implied gross yield would be 2.79% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,340,000–$1,390,000

Asking range · $1,826/m² of land

No recorded sale for this property.

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Vs Morley

+37.4%

Median sale

Suburb $975,000

-1.04 pp

Gross yield

Suburb 3.83%

Suburb median $975,000 from 53 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,340,000
Stamp Duty (Western Australia)
$60,126
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,404,051

$64,051 on top of the price (4.8% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Morley's advertised median rent — not a rent for this listing.

Net yield
1.29%
Annual cashflow (pre-tax)
$-52,444
Interest cover (DSCR)
0.25
Annual rent
$37,336
Operating expenses
$20,100
Loan amount
$1,072,000
Annual interest
$69,680
Gross yield
2.79%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,340,000–$1,390,000available18 June 2026

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 734 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

Official flood overlay has not been retrieved (pending). 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 $718/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

Gross yield if leased at the suburb aggregate is 2.8%. 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

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.

1 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 734 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Morley in one glance

Morley at a glance

25,310

People

$975,000

Median sale

$718/wk

Median rent

3.83%

Suburb gross yield

Median sale from 53 recorded sales (last 12 months) — a Districts calculation.

See the full Morley report →

Keep researching

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

Listing material

Listed by Harcourts Initiative

Imagine This!

Perfectly positioned in the heart of Morley and with space for families growing or established this home has been completely overhauled from its 1970 origin and is ready for some very lucky new owners to enjoy the premium feel and incredible lifestyle on offer!

Located directly opposite Crimea Park and just moments away from everything that has driven Morley to astronomical growth and popularity. Morley Galleria soon to be reopened fully, the Perth CBD, Airport and arterial transport routes!

Set on a sprawling 734sqm parcel and combining over 170sqm of internal living space with a flexible floorplan, premium finishes and the kind of backyard that is becoming increasingly hard to find!

Read the full description

From the moment you arrive, the transformation is immediately apparent. Behind the striking facade lies a home that has been thoughtfully renovated from top to bottom, creating a fresh and contemporary space.

Designed with family living in mind, the ground floor offers multiple living zones including a dedicated dining area adjoining the kitchen and 2 spacious lounge/living areas easily adaptable to your family's needs.

Whether you need the room to entertain friends / family, require room to work from home, want the kids to have their own playroom or simply looking for more space to spread out! This residence provides the flexibility to do it all.

At the heart of the home the kitchen creates a central family hub, with loads of stone bench top workspace, plenty of cupboards to keep the clutter away and built in modern appliances, mealtimes are made easy for even the most discerning of home chefs!

Upstairs the main bedroom is a true parental retreat, facing the balcony and fantastic in size it provides access to the walk in robe and ensuite giving parents a sense of real privacy. The secondary bedrooms are generous in size and all come with built in robes to keep the clutter at bay!

Outside, the opportunities are only limited by your imagination. Equipped with a beautiful alfresco already levelled, paved and artificially turfed to minimise maintenance, the back yard is a real blank canvas ready for your future plans!

Whether you envision a swimming pool, workshop, granny flat, studio, extensive gardens or simply love the enormous space for kids or pets to enjoy. The room is here to being your ideas to life!

Properties offering this combination of land, location, renovation quality and future potential are becoming increasingly rare, this here is not one to miss!!

FEATURES YOU'LL LOVE:

- Double lock up garage with storage space

- One bedroom downstairs for multigenerational living

- Side access to the rear

- Feature lighting throughout

- Kitchen with modern built in appliances

- Front facing balcony with park views

- Split system AC systems

- Alfresco with built in outdoor BBQ & kitchen setup

- Fans in bedrooms upstairs

- Gas water heating

WHATS NEARBY:

- Crimea Park (Huge grassed areas, public tennis courts, skate park, kids play equipment

- Panini Bar Italian Grocer/butcher, pharmacy and Turkish restaurant around the corner

- Perth Airport & CBD

- Morley Drive and highway access

- Morley Senior High School

- Noranda Primary School

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.

Listing description written by Almog Marom, Harcourts Initiative — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • 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.