Canning Vale at a glance
38,135
People
$1,210,000
Median sale
$807/wk
Median rent
3.47%
Suburb gross yield
Median sale from 171 recorded sales (last 12 months) — a Districts calculation.
WA › Canning Vale › Petrea Pl
$1,175,000
Last sold
8 Jan 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
731 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
$1,175,000
8 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Canning Vale (last 5 years) with land size have a median of $2,017/m² of land (n=155). Districts calculation from recorded sales — not a valuation.
Canning Vale at a glance
38,135
People
$1,210,000
Median sale
$807/wk
Median rent
3.47%
Suburb gross yield
Median sale from 171 recorded sales (last 12 months) — a Districts calculation.
Vs Canning Vale
-2.9%
Median sale
Suburb $1,210,000
+0.10 pp
Gross yield
Suburb 3.47%
Suburb median $1,210,000 from 171 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 731 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 $807/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 731 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
Canning Vale at a glance
38,135
People
$1,210,000
Median sale
$807/wk
Median rent
3.47%
Suburb gross yield
Median sale from 171 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Happy RealtyFirst time ever offered to the market, this spacious 5-bedroom family home sits proudly on a generous 731sqm block at the end of a quiet cul-de-sac. Built in 1999 and designed for comfort, space and practicality, this home offers multiple living zones, exceptional storage and a layout perfect for growing families.
A welcoming double-door entry leads into the main living area featuring high ceilings and an abundance of natural light. The large master suite is privately positioned and includes its own parents' retreat, walk-in robe and ensuite.
Families will appreciate the choice of living spaces including a formal lounge and dining room, an open-plan kitchen and family area, and a separate activity room with enclosed doors, ideal for kids or a quiet study zone.
All bedrooms are generously sized, with built-in robes and roller shutters for privacy and comfort. The home also features a well-appointed main bathroom with bathtub, separate toilet and a dedicated storage room.
Outdoors, the property excels with a double carport with drive-through access to the workshop, additional shed, bore reticulation, and low-maintenance gardens-perfect for tradies, hobbyists or anyone needing extra space.
With two separate air-conditioning systems (master bedroom + main living), workshop access and strong family features, this home is an outstanding opportunity in a tightly held location.
Features & Benefits
• Five generous bedrooms provide ample space for large families, guests or home office flexibility.
• The master bedroom includes a private retreat, walk-in robe and ensuite, creating a comfortable parents' sanctuary.
• A formal lounge and dining room offer an elegant space for entertaining or quiet relaxation.
• The open-plan kitchen, meals and family area features high ceilings, delivering a spacious and inviting central living zone.
• A separate enclosed activity room serves perfectly as a kids' playroom, study, hobby area or teenage retreat.
• Roller shutters to multiple rooms enhance privacy, security and temperature control.
• A well-designed main bathroom with bathtub and separate toilet ensures convenience for busy households.
• An internal storage room keeps the home organised with extra space for household items.
• Split-system air conditioning to the master bedroom and main living area ensures year-round comfort.
• A large 731sqm block at the end of a quiet cul-de-sac provides a peaceful, family-friendly setting with minimal traffic.
• The double carport with drive-through access to the workshop offers excellent practicality for trades, hobbies or extra vehicle storage.
• An additional shed provides further storage for tools, equipment or seasonal items.
• A bore reticulation system keeps gardens green while reducing water usage and ongoing maintenance costs.
• Built in 1999, the home offers solid construction and a spacious layout rarely found in modern builds.
Listing description written by Vicky Yang, Happy Realty — reproduced as published, not verified by Districts.