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 › Cosmelia Way
$410,000
Last sold
8 Aug 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
85 m²
Land
80 m²
Building
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
$410,000
8 Aug 2023 · derived via latest_sale
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
-60.2%
Median sale
Suburb $1,030,000
+5.27 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 85 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 85 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 Encore Property GroupThis wonderful three bedroom villa is new to the sales market with an updated kitchen and bathroom. Located in a quiet cul-de-sac, in a convenient location in Parkwood this property would appeal to investors as it has a the potential to achieve a rent return of $420 to $450 per week or it would appeal to someone looking to down size to a quiet lifestyle with easy to maintain property.
As you walk into the property you notice the very high ceilings which immediately gives you that feeling of space with tiled flooring and neutral décor. Go out the sliding door off the lounge to an enclosed outdoor room which is great for entertaining, this is certainly a BONUS feature to this property.
Property Features Include:
• 3 bedrooms all with robes and carpets
• Split system and ceiling fan in master bedroom
• Renovated bathroom
• Kitchen is renovated with 600mm cook top, oven and rangehood
• Kitchen has so much storage with overheads and fridge recess
• Laundry is off the kitchen with cupboard storage
• Old box style air conditioner in the lounge wall
• Single carport with door and gate access to rear of property
• Rear of property fully paved for very low maintenance
Strata fees $2,000.00 Approx per annum.
Council rates $1,590.00 approx per annum
Water rates $1,560.00 approx per annum
Property is located close to Riverton Forum Shopping centre, parks, schools and public transport so really is a prime location nestled with other villas in a quiet, safe and secure complex.
Be quick as this beauty in this location will not last long in this market.
Please get in touch with Brendon - brendon@encoreproperty.com.au | 0416 232 290 or Michelle - michelle@encoreproperty.com.au
Listing description written by Brendon August, Encore Property Group — reproduced as published, not verified by Districts.
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