Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
WA › Parkwood › Romney Way
$800,000
Last sold
18 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
836 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
$800,000
18 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,096/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Parkwood
-22.3%
Median sale
Suburb $1,030,000
+1.01 pp
Gross yield
Suburb 3.48%
Suburb median $1,030,000 from 15 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 836 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 $690/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 836 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
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Prowest Real EstateNestled in the heart of Parkwood, this charming 3-bedroom home has everything a young family could desire, from tasteful renovations to ample outdoor space, flourishing gardens, and convenient proximity to local amenities.
Let's start with the heart of the home - the kitchen. Designed to be the focal point for family gatherings, this thoughtfully renovated space boasts plenty of storage for all your cooking needs, a cozy breakfast bar for your morning coffee, and an open-plan layout that seamlessly connects the kitchen to the dining area and patio, sure to impress all your guests.
Branching from the heart, you'll discover the private quarters, where the generously sized bedrooms and modern bathroom await. The master bedroom easily accommodates a king-size bed, while the second bedroom comfortably fits a double bed, and the third bedroom is ideal for a nursery or children's room. The tastefully appointed bathroom features his and her sinks, a luxurious bathtub for relaxing evenings, or for the little ones to enjoy a splash before bedtime.
And at the other end of the home, you'll find a spacious sunken lounge, perfect for entertaining family and friends or unwinding with your favourite TV show.
This rare gem offers plenty of outdoor space for your family to enjoy. With its convenient location close to schools, shops, and public transport, everything you need is right at your fingertips.
Don't miss out on the opportunity to make this delightful home yours - contact Pratik to schedule a viewing today!
At a Glance:
•King size master
•Generous minor bedrooms
•Ample of Storage space around the house
•Modern Kitchen with open plan dining looking out into the alfresco
•Dedicated modern laundry
•Huge Shed
•Split systems through out
•Bore-retic
The Location:
•900 m to Parkwood Primary
•350 m to Lynwood Senior High School
•450 m to Vellgrove Park
•900 m to Hossack Park
•750 m to Local Medical centre and Dentist
•3.5 Km to Riverton Shopping Centre
•270 m to Bus Route 506 and 507
* Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Pratik Kaku, Professionals Prowest Real Estate — reproduced as published, not verified by Districts.
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