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.
WA › Piara Waters › Wright Rd
$935,000
Last sold
21 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
390 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
$935,000
21 Nov 2025 · derived via latest_sale
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=147). 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.
Vs Piara Waters
-7.9%
Median sale
Suburb $1,015,000
+0.39 pp
Gross yield
Suburb 4.54%
Suburb median $1,015,000 from 120 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 390 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 $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.
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 390 m² — that is not official geometry.
Nearby development pipeline
Area
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.
Listing material
Listed by Ray White Armadale CityNew listing by Diljot Randhawa, Prince Gill & Ray White AC
Perfectly positioned in the heart of Piara Waters, this beautifully presented home offers the ideal blend of comfort, convenience, and low-maintenance living. With a thoughtful layout, quality finishes, and a location that places schools, shops, and transport right at your doorstep, this property is ready to impress families, downsizers, and investors alike.
The home designed to maximise natural light and functionality. From the spacious master suite overlooking the park to the open-plan living zones and alfresco entertaining, every detail has been considered for modern family life.
Property Highlights
- Big driveway with extra parking and a double garage
- Low-maintenance front yard with neat street appeal
- Master bedroom with large window overlooking the park, ensuite, and walk-in robe
- Security door at the front entry for peace of mind
- Solar panels for energy efficiency
- Reverse cycle ducted air conditioning throughout
- Stylish kitchen with large gas cooktop, oven, pantry, and ample storage
- Open-plan living and dining with LED downlights and abundant natural light
- Laundry with extra storage
- Second bathroom with shower, bathtub, and separate toilet
- All bedrooms with built-in robes
- Tiles in living areas and carpets in bedrooms
- Composite decking alfresco for year-round entertaining
- Low-maintenance backyard with side gate access
Location Highlights
- Directly opposite parklands - enjoy green views and open space every day
- Walking distance to Piara Waters Primary School and the new Piara Waters Senior High School
- Bus stop across the road for easy public transport access
- Piara Waters Library within walking distance
- Close to local cafés, eateries, and community facilities
- Short drive to Cockburn Gateway Shopping Centre and Southern River Shopping Hub
- Easy access to Cockburn Central Station and Kwinana Freeway - approx. 30 minutes to Perth CBD
- Surrounded by family-friendly parks including Piara Nature Reserve and the popular Robot Park
- NBN Fibre to the Premises (FTTP) and 5G coverage - perfect for work and play
The Lifestyle
This home offers the perfect balance of modern convenience and relaxed family living. Whether it's morning walks through nearby parks, coffee at local cafés, or a quick commute into the city, 474 Wright Road puts everything within easy reach.
Disclaimer: Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Ray White Armadale City provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client's own risk. Ray White Armadale City accept no responsibility for the results of any actions taken, or reliance placed upon this document by a client . Figures and information may be subject to change without notice.
Listing description written by Diljot Randhawa, Ray White Armadale City — reproduced as published, not verified by Districts.
Nearby 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.