Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
WA › Parkwood › Romney Way
$740,000
Last sold
3 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
688 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
$740,000
3 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,096/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Parkwood
-28.2%
Median sale
Suburb $1,030,000
+1.37 pp
Gross yield
Suburb 3.48%
Suburb median $1,030,000 from 15 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 688 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 $690/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 688 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
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Top RealtyThis beautifully presented family home will charm you the moment you step inside. The lovely floorboards and plantation window shutters in the lounge exude a sense of warmth. The rear family sitting room would be perfect for playing your musical instrument or reading a book.
The bedrooms are well proportioned, and feature floorboards and built-in wardrobes. The updated kitchen features gas cook top and generous storage cabinets. The ensuite has been renovated and features stone vanity top. The second shower is found in the integrated bathroom/laundry room.
The large backyard has plenty of lawn space for kids to play, numerous established fruit trees and a large pitched patio for outdoor living.
Its convenient location provides easy access to schools, bus stops and parks. Other features include solar hot water system, solar panel system, bore reticulation and security alarm system.
Don’t miss out!
Highlights include:
Located in loop road with laneway easy access to schools
Close to Parkwood Primary, Lynwood Senior High, parks & bus stops
Timber decking to front verandah area
Spacious front lounge features plantation window shutters
Family sitting room
Beautiful floating floorboards to bedrooms & lounge
Updated galley kitchen with gas cook top, dishwasher & generous storage cabinets
Spacious master bedroom with wardrobes, plantation window shutters & renovated ensuite featuring full height wall tiling & stone vanity top
Two other good sized bedrooms both with built in wardrobes
Integrated common bathroom & laundry
Split air con units to master bedroom & lounge
Ducted evaporative cooling system
Gas bayonet to lounge for heating
Rear automatic security shutter to dining room door
Replaced window frames
Solar panel system
Large pitched patio
Large backyard with lots of established fruit trees
Bore reticulated
Solar hot water system
Security alarm system
Front boundary fencing
Double tandem carport (one enclosed with automatic door)
688 sqm green title rectangular block
Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of these information, which is believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make independent enquiries and rely on their personal judgement to satisfy themselves in all respects.
Property Code: 1807
Listing description written by Raymond Chen, Top Realty — reproduced as published, not verified by Districts.
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