Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
WA › Parmelia › Bournan Heights
$620,000
Last sold
23 May 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
824 m²
Land
117 m²
Building
Districts View
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
$620,000
23 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Parmelia (last 5 years) with land size have a median of $924/m² of land (n=170). Districts calculation from recorded sales — not a valuation.
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Vs Parmelia
-17.3%
Median sale
Suburb $750,000
+0.79 pp
Gross yield
Suburb 3.81%
Suburb median $750,000 from 83 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 824 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 $549/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 824 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
Parmelia at a glance
6,928
People
$750,000
Median sale
$549/wk
Median rent
3.81%
Suburb gross yield
Median sale from 83 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Urban Habitat Real EstateStylish & Spacious Family Living with a Leafy Outlook
This warm and welcoming 4-bedroom home combines functionality with lifestyle charm — ideal for families, first-home buyers, or investors seeking a secure and solid asset with excellent tenants already in place.
Positioned in a peaceful pocket with lots of established trees, the home offers a leafy setting, low-maintenance gardens, and a smart layout perfect for modern living. Inside, you’ll find an inviting open-plan living zone complete with a central wood fire heater for cosy winter nights, while the well-equipped kitchen offers generous space and storage.
The semi-ensuite bathroom is perfectly set up with both a separate shower and bathtub, and the spacious master bedroom enjoys direct access. All four bedrooms are well-sized, with natural light throughout.
Step outside and you’ll be instantly impressed by the large patio, providing the ultimate space for entertaining or relaxing year-round. It’s private, functional, and flows beautifully from the home into the easy-care backyard with lots of shade.
With the added benefits of solar panels and long-term tenants who would love to stay on past their lease expiry in May 2025, this is an opportunity not to be missed.
At a glance:
-4 spacious bedrooms with great natural light
-1 bathroom with separate shower and bath
-Semi-ensuite access from the master bedroom
-Open-plan living and dining with wood fire heater
-Functional kitchen with ample storage
-Expansive patio – perfect for outdoor entertaining
-Easy-care backyard and established gardens
-Solar panels for energy efficiency
-Tenanted until May 2025, with tenants wishing to stay on
-Single carport with additional driveway parking
-Zoned for Calista primary school (government) and just minutes walk from the shops or Peter Carnley private school which caters from K-Y12.
Whether you’re looking for a comfortable place to call home or a smart investment with great tenants, this home delivers space, warmth, and excellent value.
Financials:
* Annual Council Rates Approx: $1900
* Annual Water Rates for 23/24: $995.28
* Expected Rental Return: Current tenancy is paying $540 and expecting a slight increase on new lease if offered
* Occupancy: Tenanted until May 2025
* Sellers Preferred Settlement Terms: Flexible
Urban Habitat has no reason to doubt the accuracy of the information listed above which has been sourced by means which are considered reliable, however we cannot guarantee accuracy from third party sources. Prospective purchasers are advised to carry out their own due diligence * Please note photos were taken when the home was vacant before the tenancy and used for privacy reasons.
Listing description written by Jade Shani, Urban Habitat Real Estate — reproduced as published, not verified by Districts.