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.
$650,000
Last sold
18 Sept 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
724 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
$650,000
18 Sept 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
-13.3%
Median sale
Suburb $750,000
+0.58 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 724 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 724 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 Coulson & CoSOLD BY CLOSING DATE SALE : 16 OFFERS
Michael Coulson presents 5 Hoyton Place - Click 'Read More' for details and price guide.
For Sale by CLOSING DATE SALE : All offers presented on or before 24th SEP.
This property may sell prior - don't miss out! Register at https://prop.ps/l/n5ro018GiVpz
Price Guide : Comparable homes in PARMELIA have sold between $550,000 to $630,000. Offers are expected in this range. All Offers will be presented for the Sellers consideration.
Viewings -
Please note due to multiple occupants - the ONLY available viewings are at the advertised home opens. Make sure you get there, this one's selling.
Property Details -
Rental Appraisal: $540 to $560 per week.
Status | Vacant possession available at settlement, or continue as boarding house, read on for details...
Build Year 1987, Block Size 724 sqm.
Ok! Let's talk about the home -
First home buyer? Investor? Aspiring House Share Hero? This one's got you covered.
Now, a quick heads up: the photos you'll see are around 7 years old. Translation – the home's had a few birthdays since then. Think of them as the “younger, fresher” profile pics – the reality is still solid, but with a little more character (and a sexy price tag to match).
Here's what you'll want to know before your viewing:
✓ Kitchen is functional, but the benchtop has taken a few hits – a MasterChef type will be ripping it out in record time.
✓ Some chips and patching to paintwork.
✓ Bathroom vanity has surface cracking – add “new vanity” to your Bunnings list.
✓ Garage/carport has been converted into a games room/ teenage retreat with French doors front and back.
✓ Split system A/C to every room (yes, even the garage pad).
✓ Big established trees – gutters need cleaning, with the front gutter rusted through and ready for replacement.
✓ Solar panels + solar hot water = energy savings.
And here's where it gets really interesting – the property is currently run as a boarding house. Rooms are rented for $210, $230, $230, and $280 per week, delivering a whopping $950 in weekly rental income. Want to know more about the lifestyle (and strategy) behind it? Check out House Share Hero by Steve Julien.
Whether you're looking for:
✓ Your first home that needs a little polish
✓ A sturdy double brick & tile investment
✓ Or your very own high-yielding boarding house
…this is one not to be missed.
All in a great location just moments from Parmelia Dog Park, with schools and shops nearby.
Don't miss out! Attend the home open and register your interest via our Offer Portal today.
https://prop.ps/l/n5ro018GiVpz
Many of our Closing Date Sales are selling early—act fast to avoid disappointment!
* While all details listed are presumed to be correct at time of publishing buyers must perform their own due diligence. As advertised, Photos are 7 years old***
How To Buy This Home -
For Sale by CLOSING DATE SALE :
This property may sell prior—don't miss out! Register your interest via our Offer Portal to access documents, receive updates, and fast-track your offer.
Head to https://prop.ps/l/n5ro018GiVpz
Scroll to the listing, register in 30 seconds, and submit your offer with your terms—including deposit amount, finance conditions, and broker details. You can submit an offer subject to your inspection, allowing you to get your price in front of the seller early, based on photos or video. This can be amended after viewing, but it ensures you're in the mix before it's too late. We may also contact your broker (with permission) to confirm your finance position and strengthen your offer.
What is a Closing Date Sale?
All offers are submitted via our Offer Portal and presented to the seller as they come in. The seller may accept an offer at any time before the closing date if the price and terms meet their expectations—often sooner if an offer exceeds the price guide.
Listing description written by Michael Coulson, Coulson & Co — reproduced as published, not verified by Districts.