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WA › Parkerville › Riley Rd

390 Riley Rd, Parkerville WA 6081

House

$815,000

Last sold

17 Oct 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

991 m²

Land

98 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $815,000 (17 Oct 2024).(Recorded sale)
  • CalculationLand 991 m² against a 98 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Parkerville (last 5 years) with land size: median $358/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$815,000

17 Oct 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Parkerville (last 5 years) with land size have a median of $358/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Parkerville at a glance

2,598

People

$1,465,000

Median sale

$649/wk

Median rent

2.30%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Parkerville report →

Vs Parkerville

-44.4%

Median sale

Suburb $1,465,000

+1.84 pp

Gross yield

Suburb 2.30%

Suburb median $1,465,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

202020222024$430k$815k
  • Sold (recorded)
  1. Sold$815,00017 Oct 2024
  2. Listedprice unknowncompleted10 Oct 2024
  3. Sold$430,00030 Sept 2020
  4. Listedprice unknowncompleted8 July 2020

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 991 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 $649/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 991 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

Parkerville in one glance

Parkerville at a glance

2,598

People

$1,465,000

Median sale

$649/wk

Median rent

2.30%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Parkerville report →

Keep researching

  • Why Parkerville? Read the area thesis →
  • What else is on the market in Parkerville →
  • Other records on Riley Rd →

Listing material

Listed by Earnshaws Real Estate

Renovated Treetop Cottage

END DATE SALE: ALL OFFERS PRESENTED BY 2PM MONDAY 21st OCTOBER 2024 (the seller reserves the right to sell prior to the end date without notice).

If your heart never really lost the childhood call for magic, get ready to fall head over heels for this treetop charmer hidden away in Parkerville. Set high among towering timbers, this cream cottage is bursting with charm, light, and very pretty views over the terraced, easy-care quarter acre. It's the kind of property that makes every day feel like a getaway but with the primary school, sporting facilities, a great community, and the famous Parky Pub just a short walk away, it's a great mix of secret retreat and convenient, semi-rural living. The interior communal living areas are flooded with dappled Hills light thanks to the clever floor-to-ceiling windows and wait until you spend a moment breathing out on the gorgeously wide timber balcony leading to the patio entertaining area. It's just the spot for a comfy outdoor setting to chat to your favourite people, drink your favourite beverage, or just listen to what will, no doubt, become your favourite birdsong.

The open-plan living area here is bright, calm, and effortlessly chic. Thanks to a recent makeover, the fresh, off-white walls and stunning Jarrah floorboards set the tone and the kitchen with its stone benchtops will be a lovely place to impart some cooking knowledge while being treated to the views of your garden. When it comes to cool Hillsy evenings, nothing beats the cosy slow combustion wood fire for that extra dose of snuggly warmth but there's also split system air conditioning for when the weather warms up. This charm extends into the bedrooms with the main bedroom offering a serene retreat while the secondary bedroom boasts beautiful, leafy views - making these magical spaces for little ones to let their imaginations run wild. The bathroom, recently renovated, is a stunning mix of modern and classic design. It now features a sleek bathtub, a gorgeous modern vanity, and retains the timeless elegance of subway wall tiles. If you're someone who loves to relax at the end of each day with a good soak, this is just the contemporary, luxe spot to do it.

Read the full description

Features Include:

• Charming cottage set up amongst the treetops

• 1976-built Hardiplank & iron home

• Beautifully renovated & cared for

• Delightful Northern treetop vista

• 3 bedrooms

• 1 bathroom with subway wall tiles, gorgeous large floor tiles, & modern bathtub

• Light filled open-plan living with Jarrah floorboards & floor-to-ceiling windows

• Well-appointed kitchen with stone benchtops

• Split system air conditioners

• Cosy slow combustion wood fire

• Wide timber decked patio entertaining area

• Double carport & storeroom

• 3m x 5m shed

• Old workshop or studio

• Easy care terraced block with fruit trees & established gardens

• Easy walking distance to Parky Primary School & Parky Pub

• Opposite Heritage Walk Trail

• 991sqm (1/4 of an acre)

Outside, this terraced block full of established gardens is a dream who love beautiful outdoor spaces without the hassle. That wide, timber decked patio is ideal for everything from a Summer dinner sizzling away on the BBQ to the precious quiet moments you may get alone to soak up the serenity. The terraced gardens are low-maintenance, filled with established fruit trees and native greenery, creating a magical space for both children to play and your resident green thumb to add to the bounty, if they wish. With a double carport, storeroom, 3m x 5m shed, and an old workshop or studio, there's plenty of opportunities for hobbies, extra storage, or creating your own personal sanctuary. When you're ready to get out and about, Parkerville provides nature at every turn. Enjoy stunning bushwalks and bike trails just moments away, take a picnic at Hovea Falls, or get involved in the friendly local community with its sporting clubs and laid-back vibe. Mundaring's cafés and amenities are only minutes away, and Midland and the public transport hub is just a short drive when you need a city fix.

A dream home among the trees.

For more information on 390 Riley Road Parkerville, or for friendly advice on any of your real estate needs, please call Shirley from Team Lindsay on 0414 996 706.

* Disclaimer: the team at Earnshaws Real Estate has used our best endeavours to ensure the information here is accurate, but prospective purchasers should always make their own enquiries with the relevant authorities to verify the information in this listing. We accept no liability for any errors, omissions or inaccuracies. All boundary lines, measurements and sizes on our images are approximate.

Listing description written by Lindsay Earnshaw, Earnshaws Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • Shed
  • Toilets: 1
  • Workshop
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.