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WA › Parkwood › Myrna Way

3 Myrna Way, Parkwood WA 6147

House

3

Bedrooms

1

Bathrooms

2

Car spaces

728 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 728 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Parkwood (last 5 years) with land size: median $1,095/m² of land (n=75). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,095/m² of land (n=75). 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.

See the full Parkwood report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown6 Feb 2026
  2. Listedprice unknowncompleted4 Dec 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 728 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 728 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Parkwood in one glance

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.

See the full Parkwood report →

Keep researching

  • Why Parkwood? Read the area thesis →
  • What else is on the market in Parkwood →
  • Other records on Myrna Way →

Listing material

Listed by Linkone Real Estate

Development Opportunity in Parkwood | R40 Zoned | Walk to Stockland Riverton

Situated in one of Parkwood's most convenient locations, this 728sqm Green Title property offers excellent R40 development potential, making it ideal for developers, investors or buyers seeking strong value and long-term growth.

Only a short walk to Stockland Riverton Shopping Centre and close to public transport, schools and major roads, this site delivers both lifestyle convenience and future development upside.

Key Features

Read the full description

-R40 zoning with high-density development potential (STCA)

-728sqm Green Title block with a wide frontage

-Evaporative air conditioning throughout

-One bedroom with split-system air conditioning

-Recently upgraded bathroom and toilet with disability-friendly handrails

-Wall-fitted heater in the living area (as shown in photos)

-Outdoor garden BBQ area - ideal for entertaining

-Three large storage sheds

-ADT alarm system installed for added security

-Walking distance to Stockland Riverton Shopping Centre

-Close to public transport, Leach Highway, and Roe Highway

-Near Parkwood Primary School and Lynwood Senior High School

-Suitable for developers, investors, or future home builders

Location Highlights

-Approx. 400m to Stockland Riverton

-Minutes to Riverton Leisureplex and Riverton Library

-Approx. 10 minutes to Curtin University

-Approx. 15 minutes to Perth CBD

This is an outstanding opportunity to secure a well-located development site in a highly sought-after and fast-growing pocket of Parkwood.

For further information or an obligation free appraisal, contact listing agent Leysen Yang on 0433 747 111

or email leysen@linkonerealestate.com.au

Disclaimer:

Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy of this information.

Listing description written by Leysen Yang, Linkone Real Estate — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.