Padbury at a glance
9,724
People
$1,240,000
Median sale
$722/wk
Median rent
3.03%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
WA › Padbury › Fraser Way
$1,099,000
For sale
Asking
$675,000
Last sold
11 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
684 m²
Land
Districts View
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
Asking
$1,099,000
Asking · $1,607/m² of land
Last recorded sale $675,000 (11 Aug 2022).
Local land rate: recorded House sales in Padbury (last 5 years) with land size have a median of $1,700/m² of land (n=120). Districts calculation from recorded sales — not a valuation.
Padbury at a glance
9,724
People
$1,240,000
Median sale
$722/wk
Median rent
3.03%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Vs Padbury
-11.4%
Median sale
Suburb $1,240,000
+0.39 pp
Gross yield
Suburb 3.03%
Suburb median $1,240,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$51,639 on top of the price (4.7% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Padbury's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 684 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 $722/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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 684 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
Padbury at a glance
9,724
People
$1,240,000
Median sale
$722/wk
Median rent
3.03%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Inhabit PropertyJessica Pratarelli & Rosie Barnett together with the Inhabit Property Team proudly present... 28 Fraser Way Padbury.
Positioned in one of Padbury's most sought-after pockets, affectionately known by locals as "Fraser Island", this beautifully renovated three-bedroom, one-bathroom home delivers the perfect blend of style, comfort and lifestyle. Set on a generous 684sqm block, every inch of this home has been thoughtfully updated, allowing you to simply move in and enjoy.
Step inside to discover a spacious open-plan lounge, complemented by a dedicated study nook and quality timber-look flooring that flows seamlessly throughout. A second living area provides the flexibility of a family room and meals space, making it ideal for growing families or those who love to entertain. At the heart of the home is a stunning kitchen featuring quality appliances, including a freestanding oven with a five-burner gas cooktop, rangehood and stainless-steel dishwasher.
Comfort is assured year-round with four reverse-cycle split system air conditioners (servicing the bedrooms and main living area), along with two gas bayonets for cosy winter heating.
The renovated laundry has been finished in keeping with the home's modern aesthetic, while the bathroom offers a separate shower, vanity and toilet, complemented by a second separate toilet for added convenience.
Outside, you'll find a HUGE inviting undercover alfresco complete festoon lighting, creating the perfect setting for entertaining family and friends in every season. Plus, the one element all the kids are asking for... your very own sparkling below-ground swimming pool for those warm summer days.
Additional features include:
-Single enclosed garage & Gated parking space.
-Wide side access through double gates, providing ample space for a caravan, boat or trades vehicle.
-Two garden sheds, including one with power and lighting.
-Spacious rear lawn for children and pets to enjoy.
Homes in this tightly held location are always in demand, and with all the hard work already done, this is an opportunity not to be missed.
Features and Rates (Estimated):
- Internal: 106sqm | Land: 684sqm
- Council: $1874pa approx. | Water: $1197pa approx.
- West Facing
- Built: 1978
- Council: City of Joondalup
- Closest Public Schools: Bambara Primary School & Duncraig Senior High School
- Closest Private Schools: Padbury Catholic Primary School & Sacred Heart College
Close to fantastic amenities and attractions, including*
- 900m to Bambara Primary School
- 1.6km to Padbury Shopping Centre
- 1.9km to Padbury Catholic Primary School
- 2.5km to Duncraig Senior High School
- 3.5km to Whitfords Train Station
- 3.6kms to St Mark's Anglican Community School
- 4.0km to Westfield Whitford City
- 5.0km to Hillarys Boat Harbour
- 5.2km to Sorrento Beach
- 21km to Perth CBD
- 32km to Perth Airport
*All distances are approx. via google maps
For further information please contact exclusive agents:
Jessica Pratarelli
P: 0430 513 077 | E: jessica@inhabitproperty.com.au
Rosie Barnett
P: 0402 226 290| E: rosie@inhabitproperty.com.au
Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice. Images are for inspiration only and are intended to illustrate the property's design potential. All building permits, planning approvals, and approvals for any proposed build design are the responsibility of the buyer and must be obtained at the buyer's own cost
Listing description written by Jessica Pratarelli, Inhabit Property — reproduced as published, not verified by Districts.