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.
3
Bedrooms
1
Bathrooms
1
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Parmelia (last 5 years) with land size have a median of $924/m² of land (n=171). 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.
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 $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 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
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 Ray White BPG ThornliePositioned on an elevated 688m² block in a quiet pocket of Parmelia, this solid three-bedroom home presents an outstanding opportunity for first home buyers, renovators, investors, or anyone looking to secure a generous parcel of land with room to add value.
Offering strong bones and a practical floorplan, the home is comfortable as is while providing the perfect canvas for future improvements. Inside, you'll find a spacious living area featuring polished timber flooring, a functional kitchen with ample storage, three well-proportioned bedrooms, and a central bathroom.
Step outside and discover the true appeal of the property. The expansive backyard provides endless possibilities, whether you're dreaming of a workshop, large entertaining area, swimming pool, or simply a huge space for children and pets to enjoy. Existing rear sheds provide additional storage, while the elevated position offers a pleasant outlook over the surrounding area.
Property Features:
Generous 688m² elevated block
Solid 3-bedroom, 1-bathroom home
Spacious living room with polished timber floors
Functional kitchen with ample bench and cupboard space
Separate laundry and WC
Large rear yard with plenty of room for future improvements
Rear sheds for storage or workshop use
Covered parking with extended driveway
Excellent renovation and value-add potential
Ideal for first home buyers, investors, and renovators alike
Whether you're looking to move straight in, renovate over time, or secure a sizeable landholding in a convenient location, this is an opportunity not to be missed. Properties with this combination of block size, elevation, and potential are becoming increasingly hard to find.
Council Rates: $1,800 (approx)
Water Rates: $880 (approx)
**Disclaimer: Ray White BPG have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**
Listing description written by Haydar Sevim, Ray White BPG Thornlie — reproduced as published, not verified by Districts.