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WA › Koondoola › Meredith Way

23 Meredith Way, Koondoola WA 6064

House

$620,000

Last sold

6 Feb 2024

3

Bedrooms

1

Bathrooms

0

Car spaces

854 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 $620,000 (6 Feb 2024).(Recorded sale)
  • FactLand 854 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Koondoola (last 5 years) with land size: median $903/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Residential (1) under the WANNEROO.(Landgate SLIP · 30 Aug 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

$620,000

6 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Koondoola (last 5 years) with land size have a median of $903/m² of land (n=99). Districts calculation from recorded sales — not a valuation.

Koondoola at a glance

4,219

People

$809,000

Median sale

$660/wk

Median rent

4.24%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Koondoola report →

Vs Koondoola

-23.4%

Median sale

Suburb $809,000

+1.30 pp

Gross yield

Suburb 4.24%

Suburb median $809,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

WANNEROO

Zone

Residential

1

Jurisdiction

Wanneroo

Wanneroo, 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: 30 Aug 2026
  • Version: 1
  • Parcel: 32217

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 30 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 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$620,0006 Feb 2024
  2. Listedprice unknowncompleted12 Jan 2024
  3. Listedprice unknowncompleted12 Jan 2024

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 854 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 $660/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 854 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 857 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

Koondoola in one glance

Koondoola at a glance

4,219

People

$809,000

Median sale

$660/wk

Median rent

4.24%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Koondoola report →

Keep researching

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

Listing material

Listed by Professionals Granger Clark Real Estate

Possibilities, Potential and Promise

Leave no stone (or idea) unturned on this huge 854 sqm block. If you can dream of it, you can probably make it happen here. Subdivide or add on another building/ granny flat? A pool in the back yard with yet plenty of room left for the kids to roam? Space for the caravan AND the trailer AND the huge workshop? A combination of these? There is much room to grow and expand with this fantastic property.

So let's have a closer look at what this lovely home and yard come with already. The charming 3x1 residence Is situated on a corner block with the option to subdivide. The bedrooms are good sized, and the main bedroom boasts large built-in wardrobes.

A gorgeous country style kitchen is the definite heart of the home with modern appliances and plenty of cupboard space. What an attractive space to enjoy your culinary endeavours in. Overlooking the backyard, it is a lovely spot to cook your family meals while you are not shut away from the rest of the family's outdoor activities or your guests as they enjoy the large patio area. Living room and dining area are connected but an individual fresh space is maintained for each, making these ideal family hangout spaces without being too much on top of each other. An air conditioner is conveniently placed in between these two, keeping you both hot or cold, depending on the seasons.

Read the full description

The bathroom has both, a bathtub and a shower, two in one style. There is plenty of potential for the renovating enthusiast. Similarly, the laundry is spacious and well sized. While it is ready to use and get washing in, the renovating enthusiast will find plenty of possibilities to upgrade.

The house has been recently painted and boasts security screens throughout. All around the house including the patio area come with blinds by Oz Roller Shutters, which are still under warranty.

Landscaping requirements are conveniently low with artificial lawn at the front and back, leaving you time to do the things you love. The patio has blinds which keep the weather out nicely and expand this generous and comforting space into another living room area. There is a huge shed at the back of the property too, leaving little room to wonder if you can accommodate all your workshop stuff here. Yes, you can! Unless you want a bigger one of course, and in that case let's get back to the questions at the beginning…

This block can be subdivided both, with the current residence intact or knocked down.

INSIDE

* 3 good sized bedrooms, main bedroom with robes

* Country style kitchen, quality appliances

* Split air conditioner to family and dining area

* One family bathroom with separate toilet

OUTSIDE

* Option to subdivide

* Expansive tiled patio with clear weather blinds

* Immaculate gardens with artificial lawn and neat paving

* Roller shutters in warranty

* Security screens and doors around the whole house

* Side gate access for one car parking

* Plenty of space to park up trailer and caravan

* Huge garden shed

LOCATION

* Walking distance to schools Mercy College and John Septimus Roe

* Easy access to major arterial roads, public transport and major shopping precincts.

Contact Annique Morley on 0432 354 912

Disclaimer:

The information provided is for general information purposes only and is based on information supplied by the seller and may be subject to change. Therefore, no warranty or representation is made to its accuracy, and interested parties should make their own independent enquiries.

Listing description written by Annique Morley, Professionals Granger Clark Real Estate — reproduced as published, not verified by Districts.

Districts

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

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