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 › Mckean Way
$590,000
Last sold
31 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
710 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
$590,000
31 July 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
-21.3%
Median sale
Suburb $750,000
+1.03 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 710 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 710 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 Southern Gateway Real EstateUNDER OFFER BY HELEN SOUTER
Step into a home that truly stands out from the crowd. Built in 1979 and sitting proudly on a generous 710sqm block, this much larger-than-average 3-bedroom home offers classic character, a flexible
layout, and room to move - both inside and out. It's the perfect opportunity for buyers who appreciate space and are ready to roll up their sleeves and add some love and personal touches. With an expected rental return of $590-$600 per week, it also makes solid sense for the savvy investor.
Located in a quiet street with great neighbours and a park with a charming playground just at the end of the road, this home offers both lifestyle and convenience, just minutes from shops, schools, and transport.
Inside, you'll find retro features with solid bones and loads of potential. The kitchen is a standout for its size, with generous bench space, a breakfast bar, electric cooktop, wall oven and grill - all open to a large dining area with glass sliding doors out to the patio.
The spacious formal lounge is full of natural light and connects to a good-sized study that could easily be converted into a fourth bedroom. Whether you're working from home, growing your family, or simply need more flexibility, the layout has you covered.
The master bedroom features semi ensuite access to a bathroom filled with vintage flair, including a Roman-style bath tucked into an arched alcove. There's a large laundry with the toilet separately off the hallway, and all three bedrooms come with built-in robes.
Key Features:
House & Block
Large 710sqm block in a quiet, well-established street
Much bigger than most 3-bedroom homes in the area
Great neighbours and family-friendly location
Park with playground at the end of the street
Views across to the Darling Scarp
A solid home that could benefit from some updating and TLC
Interior Living
3 bedrooms, all with built-in robes
Spacious master bedroom with semi ensuite
Good-sized study that could be used as a fourth bedroom
Large formal lounge room with great natural light
Open-plan kitchen and dining area with outdoor access
Bathroom with Roman bath in arched alcove and shower over
Large laundry with toilet separate off the hallway
Kitchen Features
Retro charm with plenty of space
Ample bench space and breakfast bar
Electric cooktop, wall oven and grill
Room to update and make your own
Outdoor Features
Generous undercover patio - ideal for entertaining
Backyard with two levels - elevated paved area and lower garden zone
Fruit trees including fig, mandarine, and olive
Garden shed for storage
Extras & Location
Fibre to the premises internet - perfect for gaming, working from home or streaming
Close to schools, shops, transport and local amenities
Rental estimate of $590-$600 per week
If you're looking for a home with more space than most, in a peaceful location and with room to add value, this property is full of potential. Move in and enjoy the size now, and make improvements over time to create something truly special.
Contact Helen on 0401 056 564 today to register your interest in the next home open.
Listing description written by Helen Souter, Southern Gateway Real Estate — reproduced as published, not verified by Districts.