Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
WA › Parkerville › Riley Rd
$975,000
Last sold
17 Jan 2022
4
Bedrooms
2
Bathrooms
3
Car spaces
21,000 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
$975,000
17 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Parkerville (last 5 years) with land size have a median of $365/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Parkerville
-33.4%
Median sale
Suburb $1,465,000
+1.16 pp
Gross yield
Suburb 2.30%
Suburb median $1,465,000 from 25 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 21,000 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 $649/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 21,000 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
Parkerville at a glance
2,598
People
$1,465,000
Median sale
$649/wk
Median rent
2.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Earnshaws Real EstateBuilt in 1988, this beautiful 4 bedroom, 2 bathroom rammed earth home sits towards the back of the property, ensuring you get the best view across the land and over the valley below, and the long driveway along the side of the block is the perfect, serene way to return home every day. There's a real charm and warmth about this property, with all the features you need for comfortable Hills living.
The accommodation features:
* 4 good size bedrooms
* 2 new bathrooms
* Formal lounge and dining room
* Open plan informal living
* New modern kitchen and huge pantry
* Raked ceiling with exposed beams and pine ceilings
Outside, there's more:
* Wide verandahs
* Triple garage
* Huge gabled patio entertaining area
* Lovely gardens
* Assorted fruit trees
The home has been well cared for and maintained over the years and has recently had new carpets; both bathrooms and kitchen renovated and is freshly painted.
Entertaining is a dream here with the large gabled patio perfect for any size gathering, with a wet area and ample room for an outdoor kitchen. I can see the party now.
The home faces North and the front verandah is one of the favourite places for the owners to sit and just watch the world go by. From there they overlook the gardens and enjoy the vista over the Heritage Walk Trail which is opposite the property. With the verandah and thick rammed earth walls the home during the summer is up to 10 degrees cooler than outside, perfect for our climate. The gardens around the home have been well established without going overboard and creating hours of work each week to maintain. There's the mandatory vege patch every Hills property needs. Plus many assorted fruit trees which give fruit most of the year round.
There's room for 3 cars under cover and plenty more outside, the owners have had up to a dozen cars at any one time with all the family and their partners when the kids were growing up.
The property is well suited for livestock whether it be horses, alpacas, sheep or a cow or two, there's plenty of good pasture. If you're into horses you'll have hours of riding along the Walk Trail opposite plus the Parky Equestrian Centre is only a short ride away.
2300 Riley Road Parkerville is a wonderful place to live, a great place to raise a family and call home. You'll get so much enjoyment living here. Call now for more info or simply make an appointment to view and see for yourself what's on offer. For more information, or for friendly advice on any of your real estate needs, please call Mike Steadall 0439 929 223
Listing description written by Mike Steadall, Earnshaws Real Estate — reproduced as published, not verified by Districts.