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.
WA › Parkerville › Riley Rd
$600,000
Last sold
2 May 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
1,006 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
$600,000
2 May 2023 · derived via latest_sale
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.
Vs Parkerville
-59.0%
Median sale
Suburb $1,465,000
+3.32 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 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 1,006 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 $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.
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 1,006 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
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.
Listing material
Listed by Earnshaws Real EstateWe proudly present to you *waits for trumpets to finish* THE BEST SHED IN THE WORLD! Well, that's what the current owner thinks. But we might start off by telling you about the lovely home that comes with the shed. Because, you actually get both with this purchase. Located in picturesque Parkerville, the home, (no we're not up to the shed yet), features a sweet country kitchen, complete with Jarrah doors and drawers. Solid as a rock, this kitchen has absolutely oodles of cupboard and bench space, and overlooks the family room. A slow combustion fire adds a cozy touch, perfect for chilly evenings, and the sliding doors lead to a sunny courtyard that's perfect for soaking up the rays. A separate dining area between the kitchen and the lounge provides a perfect spot for family gatherings and entertaining friends, and the lounge itself boasts an open fireplace perfect for roasting marshmallows on a winter's night.
The main bedroom comes with the expected ensuite and walk-in robe but also two of the three double sized secondary bedrooms have built-in desks, making them ideal for students or professionals working from home. And all bedrooms feature built-in robes, so no excuses for messy bedrooms. Fresh, white bathrooms, ducted reverse cycle air conditioning, a new coat of paint throughout, and a gorgeous courtyard with terraced garden beds round out the benefits. Access from the carport to the courtyard makes for easy kitchen access, and there's even access from the courtyard to the side driveway, which leads to the piece de resistance - the best shed you've ever clapped eyes on!
Features Include:
Lovely family home in Parkerville
4 bedrooms
2 bathrooms
Primary suite features ensuite and walk-in robe
3 secondary double-sized bedrooms, 2 with built-in desks
All secondary bedrooms feature built-in robes
Country kitchen with Jarrah doors & drawers overlooking family room
Family room features slow-combustion fire & sliding door access to sunny courtyard
Separate dining area between kitchen & lounge
Lounge features brick open fireplace
Fresh, white family bathroom with bath & separate shower & new vanity
Laundry with 2nd WC
Ducted reverse cycle air conditioning
Mediterranean-style courtyard with terraced garden beds
Access from the carport to the courtyard
Access from the courtyard to the side driveway leading to shed
Pretty front porch sitting area adjacent to established gardens full of natives & birdlife
Single carport
Fantastic 11.5 x 7.5m shed with open parking for trailer
Stunning treetop views from top of the block
1,009sqm block
OK, so we do know not everyone buys a property just because the shed is big. But if you're in the market for a good-sized one, you've got to at least come and check this out. It boasts a generous space for all your tools, toys, and tinkering endeavours. With a side driveway leading right up to the shed door, you'll have plenty of room for parking your trailer and storing all your outdoor equipment. Whether you're a DIY enthusiast, a car aficionado, or simply in need of a man-cave, she-shed or human-haven, this might be the shed (and home) you're looking for. And the external gems don't stop there! The 1,009sqm block offers plenty of room to spread out, plan a few garden designs, seek inspiration from the gorgeous treetop views from the top of the property, and make it your own. The lovely front porch sitting area is the perfect spot to hit Pinterest hard while enjoying the pretty but easy-care gardens full of native plants and the sweet melodies of birdsong. Perhaps best of all - you're in Parkerville now; home to serenity and nature walks, bike trails, sporting clubs, relaxed community, schools, stores, and the iconic, historic Tavern.
A comfortable Hills home. A pretty snazzy shed.
For more information on 450 Riley Road Parkerville or for friendly advice on any of your real estate needs please call Jo John on 0401 583 757
Listing description written by Jo John, Earnshaws Real Estate — reproduced as published, not verified by Districts.