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 › Leroy Way
$1,051,000
Last sold
8 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
480 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
$1,051,000
8 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
+3.5%
Median sale
Suburb $1,015,000
-0.16 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 480 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 480 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 Heritage RealtyThis home was a surprise when I went there for the first time, I would go into each room and say "wow" so be assured this is an amazing opportunity. Sparkling clean, beautifully presented a RARE OPPORTUNITY to purchase a large home without the huge price tag that some 4 Bedrooms are seeking.
📍 LOCATION & LIFESTYLE
A quiet little pocket of Piara Waters not far to Aspiri Primary & also Piara Waters Primary School. Carey College is just a short drive away, and the NEW Piara Waters Senior High School is nearby - you will need to do your own due diligence for acceptance
Not far from Napoli Mercato, Bunnings, and the local Community Centre — host to fetes, fairs and bean bag movie nights. Lovely parklands with playgrounds, fitness equipment, and BBQ areas are close by. nearby
Enjoy tranquil walks around local lakes and pathways
Close to Day Care Centres, Sporting Pavilions, Rugby Club, and the new Piara Waters Local Library.
🏡 INSIDE
3 Large Bedrooms
Master Suite is at the rear with quality hybrid flooring, ceiling fan, external sliding door, double mirror robes thru to a large secret walk in robe.
Ensuite is very large with an oval bath, rock-look feature areas, long vanity with 4 cupboards, his and hers sinks and a double shower with screen (recently regrouted).
Minor rooms have ceiling fans, double mirror robes. One room has a semi ensuite ideal for a teen something or a guest room
2 Bathrooms - both with baths
+ powder/extra sink
Plus Study / Home Office / Playroom / Baby's rooms or 4th Bedroom
Plus large double door Theatre / Cinema Room
OPEN PLAN LIVING DINING KITCHEN
Kitchen is impressive with a long glass viewing window to the outside with an outdoor slanted awning.
Stone benchtops, lots of cupboards, 900mm stainless steel appliances plus dishwasher.
Laundry has a bench with 4 lower cupboards. the Lined is Large WALK IN LINEN closet with extra broom cupboard space.
Lots of storage with another broom cupboard (with light) near the kitchen.
📏 PROPERTY DETAILS
CCTV with 2 cameras
SOLAR - 20 panels and 5kw
Dimmers / LED Lighting
HIGH CEILINGS
DUCTED ZONED REVERSE CYCLE AIR CON
Some rooms freshly painted
NO CARPETS
Quality hybrid floors & tiles
Crim-Safe door at front
NBN - Fibre to premises
Ethernet cabling to some rooms
Quality internal doors
WALK IN - linen, pantry and master suite wardrobe
🌳 OUTSIDE
Large double higher-ceiling garage - 2 cars + space for storage
Solar hot water with electric booster
Medium-sized garden shed
Gas bayonet in outdoor alfresco area
Fire pit sitting area
Large alfresco under the main roof
Reticulation to all garden beds - controller recently replaced
Lovely back garden perfect for entertaining
Builder REDINK HOMES
Built - 2014
Living - 199.03 m2
Alfresco - 21.75m2
Porch - 4.73 m2
Garage - 43.91 m2
Total - 270 m2 app
Land - 480 Green Title
Council Rates - $3,000 per year approx
Water Rates - $210 per bill approx
💰 INVESTMENT OPPORTUNITY
Expected rental return: $900 per week (approx)
IF YOU WISH : You can (use Camera) scan the QR CODE - To place and expression of interest once received you will automatically via email receive the checklists - any questions email gillianragan@gmail.com - If selected you will be sent the proper offer via DocuSign
IF YOU WISH : For OVER EAST buyers I have SOLD many homes this year purchased "SIGHT UNSEEN" Please view house plan and photos, see detailed write up. I have checklists for everything to ensure that your purchase goes smoothly
Listing description written by Gillian Ragan, Heritage Realty — reproduced as published, not verified by Districts.
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