Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Nollamara › Flinders St

309 Flinders St, Nollamara WA 6061

For saleHouse

$849,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

728 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $849,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $849,000(Listing record · 23 Aug 2026)
  • FactLand 728 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nollamara (last 5 years) with land size: median $2,932/m² of land (n=76). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 0% below the Nollamara median recorded sale ($850,000, n=141, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Nollamara's advertised median rent ($728/wk), implied gross yield would be 4.46% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$849,000

Asking · $1,166/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Nollamara (last 5 years) with land size have a median of $2,932/m² of land (n=76). Districts calculation from recorded sales — not a valuation.

Nollamara at a glance

14,304

People

$850,000

Median sale

$728/wk

Median rent

4.45%

Suburb gross yield

Median sale from 141 recorded sales (last 12 months) — a Districts calculation.

See the full Nollamara report →

Vs Nollamara

-0.1%

Median sale

Suburb $850,000

+0.01 pp

Gross yield

Suburb 4.45%

Suburb median $850,000 from 141 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$849,000
Stamp Duty (Western Australia)
$34,839
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$887,764

$38,764 on top of the price (4.6% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Nollamara's advertised median rent — not a rent for this listing.

Net yield
2.96%
Annual cashflow (pre-tax)
$-19,027
Interest cover (DSCR)
0.57
Annual rent
$37,856
Operating expenses
$12,735
Loan amount
$679,200
Annual interest
$44,148
Gross yield
4.46%

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.

Open the full yield calculator →

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. Listed$849,000available23 Aug 2026

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 $728/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

Gross yield if leased at the suburb aggregate is 4.5%. 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

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

Nollamara in one glance

Nollamara at a glance

14,304

People

$850,000

Median sale

$728/wk

Median rent

4.45%

Suburb gross yield

Median sale from 141 recorded sales (last 12 months) — a Districts calculation.

See the full Nollamara report →

Keep researching

  • Why Nollamara? Read the area thesis →
  • What else is on the market in Nollamara →
  • Other records on Flinders St →

Listing material

Listed by Simar Sells Real Estate

RARE R40 DEVELOPMENT OPPORTUNITY - 728SQM

Inspection by Appointment Only - Call Simar on 0433 767 296

728sqm R40 Zoned Land | 18.1m Frontage | Multiple Development Options

Set on a generous 728sqm block with an impressive 18.1m frontage, 309 Flinders Street presents an exciting opportunity for developers, investors, renovators and astute buyers looking to secure a substantial parcel of R40-zoned land in a highly convenient Nollamara location.

Read the full description

The existing home requires some TLC and renovation, offering buyers the opportunity to improve, renovate and add value while considering the property's underlying development potential.

THE OPPORTUNITIES

DEVELOP - POTENTIAL TRIPLEX SITE

The property's R40 zoning, substantial landholding and 18.1m frontage create the potential to investigate a three-dwelling development, subject to council and relevant authority approvals.

Whether you're considering contemporary villas, townhouses or another multi-dwelling configuration, this is a site worth exploring.

RETAIN & BUILD

For those looking to maximise the existing property while creating additional value, there is potential to retain the existing residence and investigate development of the rear portion of the block, subject to approvals.

This option could appeal to buyers wanting to preserve the existing home while unlocking the development potential of the land.

RENOVATE & HOLD

The existing home provides another option altogether. With some renovation and improvement, the current residence could be refreshed into a comfortable home while retaining the underlying development potential of this R40 parcel for the future.

LOCATION

Positioned on Flinders Street, this property places everyday amenities within easy reach.

• Approximately 200m to Brian Treasure Reserve

• Approximately 700m to local supermarket shopping

• Approximately 720m to Nollamara Primary School

• Approximately 770m to Dianella Secondary College

• Close to Nollamara Shopping Centre

• Convenient access to Wanneroo Road and surrounding major road connections

• Close to local parks, reserves, childcare and recreational facilities

• Easy access to surrounding suburbs including Dianella, Yokine, Balcatta and Mirrabooka

• Convenient bus services connecting through the surrounding northern suburbs and towards Perth

• Approximately 10km from Perth CBD

Nollamara continues to appeal to buyers looking for a convenient lifestyle within close reach of established shopping, schools, transport and major employment areas.

If you have any questions, please feel free to contact Simar at 0433 767 296

Email- Simar@simarsells.com.au

www.simarsells.com.au

Disclaimer:

The particulars, photographs shown on this website are supplied for information only and shall not be taken as a representation in any respect on the vendor or the agent. The information, opinions, and publications available on this website are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter and to help you assess whether you need more detailed information. The material on this website is not and should not be regarded as legal, financial, or real estate advice. Users should seek their own legal, financial, or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up to date. However, we do not guarantee or warrant the accuracy, completeness, or currency of the information provided. You should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial, or real estate decisions

Listing description written by Simar Singh, Simar Sells Real Estate — reproduced as published, not verified by Districts.

Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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