Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
WA › Piara Waters › Lee Steere Cres
$970,000
Last sold
7 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
512 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
Last sold
$970,000
7 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Piara Waters (last 5 years) with land size have a median of $2,333/m² of land (n=147). Districts calculation from recorded sales — not a valuation.
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Vs Piara Waters
-4.4%
Median sale
Suburb $1,015,000
+0.21 pp
Gross yield
Suburb 4.54%
Suburb median $1,015,000 from 120 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ARMADALE
Zone
Residential
1
Jurisdiction
Armadale
Armadale, 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 512 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 $886/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.
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 512 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?
KnownmediumNo 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
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Heritage RealtyDiscover the ease of living in this feel good family home, perfectly situated in a quiet street near two parks and tucked away from the hustle and bustle of main roads.
WALKING DISTANCE TO PIARA WATERS PRIMARY AND NEW HIGH SCHOOL
This quality Home Group WA build has been thoughtfully designed to make the most of its northern aspect, creating a light and airy layout with plenty of room for a large family. The rear of the home is framed by a pretty outlook of lush greenery in the backyard.
Impressive double door entry with Crim safe screens you are welcomed by an open-plan kitchen, living and dining area. The living area connects to the large alfresco seamlessly, creating an inviting home for both relaxing and entertaining. Warm quality timber flooring (American Blackbutt) with freshly painted walls create the perfect backdrop for easy living.
Everything is conveniently close here- you won't have to go far to entertain yourself if you were to call this home. Imagine weekends spent strolling down to CY O'Connor Village to the many cafes and restaurants and nearby parks and NEW shopping centre.
This ideal location offers easy access to public transport, schools, shopping, expansive local parklands, community sporting facilities and Piara Waters cafes and restaurants.
INSIDE
4 Bedrooms
Master suite is king size situated in its own section of the home for added parent privacy. Large walk in robe complemented by a spacious ensuite with double vanity, large double shower, separate wc- all with quality fittings.
Minor rooms all have double mirror robes
2 Bathrooms
STUDY /HOME OFFICE
ACTIVITY always so handy for children's toys
THEATRE / CINEMA / GAMES ROOM
Open plan living, dining and kitchen
Kitchen is huge and very impressive with stone benchtops, window splashback, 900mm freestanding oven, large fridge space, double sinks, double pantry and a bonus dishwasher.
NEED TO KNOW
Freshly painted
DUCTED REVERSE CYCLE MULTI ZONED AIR CON
HIGH CEILINGS 31 C through living areas
CRIMSAFE SCREENS TO ALL DOORS
LED lighting
Skirting boards
TRIPLE LINEN in laundry
Timber floors
OUTSIDE
Plenty of room for entertaining (room for a pool)
Alfresco under the main roof (seam free)
Reticulated lawns and gardens
Children's cubby house
Large grassed area
Variety of citrus trees
Gas storage hot water system
Builder - Home Group WA
Built - 2014
Living - 206.83m2
Garage - 36.18m2
Alfresco - LARGE 26.64m2
Porch - 4.69m2
Total - 274.34m2
Under Roof - 295.35m2
Land - 512m2 - GREEN TITLE LAND
Rates - $ 2,800 approx
Water - $1,392 per annum approx
IF YOU WISH: Email Gillian if you would like checklists and an expression of interest form ahead of time gillianragan@gmail.com
IF YOU WISH: For LOCALS & OVER EAST buyers I have sold many homes this past 18 years please view pictures, house plan and video I have checklists for everything to ensure that your purchase goes smoothly, every single buyer I have had has been extremely happy with the result I am a local resident and can help with everything.
Listing description written by Gillian Ragan, Heritage Realty — reproduced as published, not verified by Districts.
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