Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Parmelia › Corring Way
$630,000
Last sold
30 June 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
744 m²
Land
77 m²
Building
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
Last sold
$630,000
30 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Parmelia (last 5 years) with land size have a median of $924/m² of land (n=170). Districts calculation from recorded sales — not a valuation.
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Parmelia
-16.0%
Median sale
Suburb $750,000
+0.72 pp
Gross yield
Suburb 3.81%
Suburb median $750,000 from 83 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 744 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 $549/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 744 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
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Urban Habitat Real EstateElevated Charm + Relaxed Outdoor Living
Nestled on the elevated side of a quiet loop street and within walking distance to shops, schools, and public transport, this well-maintained 3-bedroom, 1-bathroom home is ideal for first-home buyers, investors, or downsizers seeking a low-maintenance lifestyle with plenty of extras.
Currently leased at $570 per week on a fixed term until June 2025, rolling over to a periodic lease, this property is a solid investment with strong returns in an area which has shown strong capital growth potential.
Inside, the home boasts a light, welcoming atmosphere. The open-plan living, dining, and kitchen zone is fitted with split-system air conditioning and a ceiling fan, providing comfort all year round. The easy-care laminate flooring throughout the bedrooms enhances the home’s functionality, while the master bedroom offers privacy at the rear, complete with a built-in robe and ceiling fan.
Security and efficiency have been thoughtfully considered, with CrimSafe security screens and solar panels, helping to keep both your mind and your energy bills at ease.
Outdoors is where this property really shines — a spacious undercover patio with a built-in bar sets the scene for relaxed weekend BBQs or family gatherings. A nicely concreted area adds convenience, while a patch of lush turf provides a spot for kids or pets to enjoy.
Hobbyists, trades, or those needing extra storage will appreciate the dual garage doors — one offering secure parking and the other leading to a powered workshop. Plus, the elevated backyard holds exciting potential for a future pool!
🔑 Key Features:
• Recently painted
• 3 bedrooms with easy-care laminate flooring
• Open-plan living/dining with split-system A/C & ceiling fan
• CrimSafe security screens throughout
• Solar panels for energy efficiency
• Large undercover patio with built-in bar and cement flooring
• Powered workshop with separate access + secondary garden shed
• Double garage with drive-through access
• Grassy play area with potential for a future pool
Financials:
* Annual Council Rates Approx.: $1900
* Annual Water Rates Approx.: $948.57
* Expected Rental Return: $570 current rental return and considered fair market value
* Occupancy: Tenanted fixed term ending June 2025 @ $570 per week, rolling over to periodic from this date unless instructed otherwise by new purchaser
* Sellers Preferred Settlement Terms: Flexible
For a video walkthrough of the home for those wanting to view asap, please message Jade on WhatsApp - 0401 522 504.
For any other questions about the property, please feel free to contact us.
Urban Habitat has no reason to doubt the accuracy of the information listed above which has been sourced by means which are considered reliable, however we cannot guarantee accuracy from third party sources. Prospective purchasers are advised to carry out their own due diligence
Listing description written by Jade Shani, Urban Habitat Real Estate — reproduced as published, not verified by Districts.