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 › Sheoak Heights
$829,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
Car spaces
712 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
Asking
$829,000
Asking · $1,164/m² of land
No recorded sale for this property.
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
+10.5%
Median sale
Suburb $750,000
-0.37 pp
Gross yield
Suburb 3.81%
Suburb median $750,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$37,734 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Parmelia's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 712 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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 712 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 Southern Gateway Real EstateSet high on an elevated 712m² block (approx), this spacious three-bedroom, two-bathroom home offers approximately 140m² of living and impressive high raked ceilings that enhance the wonderful sense of space. Built in 1992 and freshly painted throughout, the home features a modern kitchen and an open-plan kitchen, dining and living area, together with a second separate living area and a handy study/library nook. Neutral décor provides an inviting canvas, making it easy to move straight in and add your own personality. The master bedroom is privately positioned at the front of the home, away from the minor bedrooms, and features a walk-in robe and an extremely spacious ensuite bathroom. All minor bedrooms include robe recesses, providing practical storage for the whole family.
Outside, one of the standout features is the drive-through access leading to a large powered workshop, complemented by secure behind-gate lock-up parking. There is plenty of space for a caravan, boat, trailer or additional vehicles. A gabled patio provides a generous covered area for entertaining or relaxing outdoors, while the easy-care gardens help keep weekend maintenance to a minimum.
3 bedrooms and 2 bathrooms
Rent: Approx $650 per week
Approximately 140m² of living
Elevated 712m² block
Open-plan kitchen/dining/living area
Gas cooktop and electric oven
Two separate living areas
High raked ceilings
Study/library nook
Freshly painted throughout
Master bedroom with walk-in robe
Extremely spacious ensuite bathroom
Robe recesses to all minor bedrooms
Two storage cupboards
Drive-through access to large powered workshop
Secure behind-gate lock-up parking
Room for a caravan, boat, trailer or additional vehicles
Gabled patio area
Easy-care gardens
Approximately 400m to bus stops
Approximately 1.4km to Wellard Train Station
Close to daycare and local schools
Conveniently located close to daycare facilities and several schools, including Peter Carnley Anglican Community School, the home is also approximately 400m from bus stops on Parmelia Avenue and around 1.4km from Wellard Train Station. With generous living spaces, excellent vehicle access and secure parking, this is a practical family home with plenty of room inside and out. Call Helen NOW on 0401 056 564 to register your interest in this beautiful family home.
*While all details listed are presumed to be correct at time of publishing buyers must perform their own due diligence.
*Disclaimer: Some images used in this advertisement have been digitally enhanced using AI, including the addition of virtual furniture and décor, for illustrative purposes only. Southern Gateway Real Estate makes no warranty as to the accuracy of these enhanced images and accepts no liability for any reliance placed upon them.
Listing description written by Helen Souter, Southern Gateway Real Estate — reproduced as published, not verified by Districts.