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 › Munich Link
$1,175,500
Last sold
22 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
551 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
$1,175,500
22 June 2026 · 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
+15.8%
Median sale
Suburb $1,015,000
-0.62 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 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 551 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 $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.
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 551 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
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 Attree Real EstatePositioned on a 551m2 block we have a perfect family home offering 4 spacious bedrooms, 2 bathrooms, theatre, activity and entertainers' alfresco with a large shed.
The home is situated just around the corner from Marseille Park, a grassed open space where the kids can go kick the footy, run around and burn some of that excess energy. Save having to fight with traffic and chaos of school drop offs, Piara Waters Primary School and Piara Waters Senior High School are both a 550m walk away.
Situated a few minutes away from Stockland Harrisdale Shopping Centre where you will find supermarkets, cafe's, dining, medical facilities the location certainly ticks all the boxes for convenient living and lifestyle.
INSIDE
• You'll love the spacious living areas with high ceilings creating an expansive light filled space which opens out to the alfresco area creating a seamless space between the inside and out.
• Cosy up in the main living area beside the wood fireplace, creating a warm and inviting atmosphere during the cooler months.
• Master suite is tucked away at the front of the home. The room is complete with a private retreat as well as a two walk-in robes and sparkling ensuite.
• Located in their own private wing, the secondary bedrooms are all generously sized and feature built-in robes and ceiling fans, centred around a versatile activity room perfect for growing families.
• The kitchen is another example of functional design, featuring stainless steel appliances, a large island bench, loads of overhead cabinetry and a built-in pantry.
• The theatre room is spacious, making a great space for family movie nights or watching your favourite sports.
• Ducted evaporative cycle air-conditioning to keep you cool on those hot summer nights.
OUTSIDE
• Opening out from the main living areas is the large alfresco complete with an outdoor bar, creating the perfect space for entertaining family and friends or simply relaxing and enjoying those special occasions together.
• Spacious shed providing plenty of room for storage, tools or the ideal workshop setup for hobbies and projects.
• Convenient access to the backyard from the garage, perfect for bikes or easy passage to the shed.
• Solar panels to help reduce energy bills
SO MUCH, SO CLOSE
400m – Nearest Bus Stop
350m – Marseille Park
550m – Piara Waters Senior High School
550m – Piara Waters Primary School
1.7km – Stockland Harrisdale
*Distances are approximate, sourced from google maps.
PROPERTY DETAILS
Land Size: 551m2
Build Year: 2010
Built Area (Living): 178m2
Built Area (Total): 247m2
Builder: Homebuyers Centre
Floor Plan: Available
Council Rates: $3,436 Annually (Approx)
Water Rates: $1,405 Annually (Approx)
NBN: Available
INVESTORS
Rental Appraisal: $850 - $870 p/w
Vacant possession available at settlement
BOOK AN INSPECTION
Contact Gareth May on 0430 400 664 or gmay@attree.com.au to arrange a private inspection.
DISCLAIMER: This document has been prepared for advertising and marketing purposes only. Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Gareth May, Attree Real Estate — reproduced as published, not verified by Districts.