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WA › Piara Waters › Fringed Way

40 Fringed Way, Piara Waters WA 6112

House

3

Bedrooms

2

Bathrooms

2

Car spaces

287 m²

Land

112 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in Piara Waters (last 5 years) with land size: median $2,333/m² of land (n=148). 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 Piara Waters (last 5 years) with land size have a median of $2,333/m² of land (n=148). Districts calculation from recorded sales — not a valuation.

Piara Waters at a glance

20,164

People

$1,015,000

Median sale

$886/wk

Median rent

4.54%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full Piara Waters 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. Listedprice unknowncompleted24 Mar 2026
  2. Soldprice unknown24 Mar 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 287 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 $886/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 287 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

Piara Waters in one glance

Piara Waters at a glance

20,164

People

$1,015,000

Median sale

$886/wk

Median rent

4.54%

Suburb gross yield

Median sale from 120 recorded sales (last 12 months) — a Districts calculation.

See the full Piara Waters report →

Keep researching

  • Why Piara Waters? Read the area thesis →
  • What else is on the market in Piara Waters →
  • Other records on Fringed Way →

Listing material

Listed by One Percent Realty WA

Modern Comfort, Space & Potential in a Prime Piara Waters Pocket

This is a fantastic opportunity to secure a well-built, modern home with great bones, generous proportions, and the chance to add your own finishing touches over time. Positioned in a quiet, family-friendly street, this 3x2 delivers easy living, functionality, and flexibility for a wide range of buyers.

Set on a low maintenance block and designed with practicality in mind, the layout flows effortlessly from front to back, with open-plan living connecting seamlessly to the alfresco for relaxed everyday living.

Whether you are a first home buyer, downsizer, investor or someone looking for a solid home you can gradually personalise, this is an opportunity that makes a lot of sense.

Read the full description

Be quick – homes in this location with this level of value do not last long

NOTE: Some images in this listing have been virtually staged for illustrative purposes. Furniture, décor and other items shown may not be present at the property and are intended to demonstrate the potential layout and use of the space. Buyers are advised to inspect the property in person to confirm its current condition, inclusions and dimensions.

Features include:

* A home with great potential to further enhance and add value over time

* Spacious open plan family and meals area with great natural light

* Central kitchen with stone benchtops and ample storage

* Stainless steel appliances and functional layout

* Master suite with walk in robe and private ensuite

* Two additional bedrooms, both with built in robes

* Second bathroom with separate bath and shower

* High ceilings throughout creating a sense of space

* Fully ducted reverse cycle air conditioning

* Roller shutters for added security and comfort

* Double remote garage with internal access

* Paved alfresco area ideal for entertaining

* Low maintenance front and rear gardens

* Functional laundry with external access

* Solid 2018 build by Smart Homes

* 287sqm block

* 112sqm of living

Location highlights:

* Quiet street in a well established pocket

* Walking distance to Robot Park

* Close to local schools, shops and transport links

* Easy access to major roads for commuting

Property Code: 291

Listing description written by Lee Tamblin, One Percent Realty WA — 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.

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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.