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WA › Padbury › Marsden Way

22 Marsden Way, Padbury WA 6025

House

$1,252,000

Last sold

5 May 2026

3

Bedrooms

1

Bathrooms

1

Car spaces

699 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,252,000 (5 May 2026).(Recorded sale)
  • FactLand 699 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Padbury (last 5 years) with land size: median $1,697/m² of land (n=120). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Residential (1) under the JOONDALUP.(Landgate SLIP · 1 Sept 2026)

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?

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

What this lot has actually traded at

Last sold

$1,252,000

5 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Padbury (last 5 years) with land size have a median of $1,697/m² of land (n=120). Districts calculation from recorded sales — not a valuation.

Padbury at a glance

9,724

People

$1,240,000

Median sale

$722/wk

Median rent

3.03%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Padbury report →

Vs Padbury

+1.0%

Median sale

Suburb $1,240,000

-0.03 pp

Gross yield

Suburb 3.03%

Suburb median $1,240,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

JOONDALUP

Zone

Residential

1

Jurisdiction

Joondalup

Joondalup, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1071188

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 detected — official

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.

Heritage

Not detected — official

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

Property history

  1. Sold$1,252,0005 May 2026
  2. Listedprice unknowncompleted16 Apr 2026
  3. Listedprice unknowncompleted16 Apr 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 699 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

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $722/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

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

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.

2 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 699 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?

    Knownmedium

    Official parcel about 701 m² — land size can look like optionality. No 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Padbury in one glance

Padbury at a glance

9,724

People

$1,240,000

Median sale

$722/wk

Median rent

3.03%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Padbury report →

Keep researching

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

Listing material

Listed by The Agency Perth

UNDER OFFER BY JARROD O'NEIL

Set on a prized R20/40-zoned parcel with approved subdivision already in place, this is the kind of site developers, investors and visionaries wait for – and rarely find.

Retain the existing 3 bedroom 1 bathroom home and unlock instant build-at-the-rear and future dual-income potential — with subdivision approval already ticked off and ready to go.

Or think bigger. With concept plans in hand, you have the exciting potential to clear the site and create a promising three-lot development — inclusive of two street-front stunners, plus a private rear residence. Maximise the frontage, capitalise on the zoning and bring your next project to life with confidence.

Read the full description

For now though, the current dwelling boasts a functional open-plan living and meals area to the left of entry, with a separate dining room flowing off the central kitchen. The latter plays host to built-in pantry storage, a gas-upright cooker and a stainless-steel dishwasher.

All three bedrooms comprise of built-in wardrobes, inclusive of a spacious front master suite that also enjoys semi-ensuite access to and from a practical light-filled two-way bathroom with a bathtub, showerhead and powder vanity.

Outdoors, a generous paved entertaining courtyard and side deck – with a shade sail – are brilliant in their privacy. The sprawling “blank canvas” of a backyard space has its own handy garden/storage shed in the corner.

This lovely looped pocket is just steps away from multiple parks and playgrounds, with Bambara Primary School and several bus stops also nestled nearby, along with restaurants and the popular Kilo Bakery & Coffee store at Forrest Plaza. The popular Alex Junior Café and the All Foods Market IGA at Padbury Shopping Centre are within arm's reach, as well.

An array of local primary schools (including Padbury Catholic Primary School), the stunning Hepburn Heights Conservation Area, the freeway, the Greenwood and Whitfords Train Stations, Duncraig Senior High School, Sacred Heart College, St Mark's Anglican Community School, two daycare centres, more cafes, Westfield Whitford City Shopping Centre, Craigie Leisure Centre and Open Space bushland, Hillarys Boat Harbour, Hillarys Beach Club, glorious beaches and so much more are all minutes from your doorstep in their own right, for living convenience.

Flexible, future-focused and oozing upside, this one is about more than just the land — it's a launchpad for immediate profit!

Other features include, but are not limited to;

- Split-system air-conditioning and gas-bayonet heating to the carpeted living area

- Separate laundry – with outdoor access for drying

- Separate toilet

- Built-in storage cupboards to the dining area and hallway

- Ceiling fans

- Skirting boards

- External power points

- Gas hot-water system

- Solar panels

- Single carport

- Large 699sqm (approx.) block – with R20/40 zoning

- Retain-and-build option – potential 400sqm (approx.) proposed front lot and potential 183sqm (approx.) proposed rear lot

- Knock-down and sub-divide option – proposed 194sqm (approx.) and 203sqm (approx.) street-front lots, plus an existing approval for a 184sqm (approx.) rear lot

This is an address with options written all over it. Give yourself a head start you can bank on!

For further information, please contact Jarrod O'Neil on 0411 103 617.

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 enquiries.

Listing description written by Jarrod O'Neil, The Agency Perth — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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