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WA › Parmelia › Mandfield Way

51 Mandfield Way, Parmelia WA 6167

For saleHouse for Sale

$699,000

For sale

Asking

4

Bedrooms

1

Bathrooms

1

Car spaces

726 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 5 June 2026)
  • FactLand 726 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% below the Parmelia median recorded sale ($750,000, n=83, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parmelia's advertised median rent ($549/wk), implied gross yield would be 4.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$699,000

Asking · $963/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.

See the full Parmelia report →

Vs Parmelia

-6.8%

Median sale

Suburb $750,000

+0.27 pp

Gross yield

Suburb 3.81%

Suburb median $750,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,143

$31,143 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Parmelia's advertised median rent — not a rent for this listing.

Net yield
2.58%
Annual cashflow (pre-tax)
$-18,285
Interest cover (DSCR)
0.50
Annual rent
$28,548
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
4.08%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$699,000available5 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 726 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 726 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Parmelia in one glance

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.

See the full Parmelia report →

Keep researching

  • Why Parmelia? Read the area thesis →
  • What else is on the market in Parmelia →
  • Other records on Mandfield Way →

Listing material

Listed by Southern Gateway Real Estate

RETRO CHARM, BIG BLOCK & POWERED WORKSHOP!

If you've been searching for a home with personality, space and that hard-to-find retro charm, this delightful four-bedroom home is sure to steal your heart. Built in 1978 and lovingly maintained over the years, it sits on a generous 726sqm (approx.) block and offers a wonderful blend of character and comfort. From the light-filled sunroom-style lounge with its own private courtyard to the spacious bedrooms and charming retro bathroom, this home has a warm and welcoming feel that's becoming increasingly rare to find.

The practical floorplan provides plenty of room for families, hobbyists and entertainers alike. The spacious kitchen offers abundant bench space, a breakfast bar, walk-in pantry and open-plan dining area, while the huge rear sunroom/rumpus room adds valuable extra living space. Outside, you'll find a fully fenced backyard, established easy-care gardens and drive-through access to a large powered workshop that could equally serve as the ultimate workshop, games room or entertaining retreat. Full of charm, surprisingly spacious and conveniently located close to schools, shops and public transport, this is a home you'll want to see in person.

4 spacious bedrooms

Read the full description

1 bathroom, 1 toilet

Built in 1978

726sqm (approx.) block

Approx rent $600 per week

Sunroom-style front lounge with roller shutters

Private courtyard accessed via sliding door from the lounge.

Built-in robes to 3 bedrooms

Split system air-conditioning to 3 bedrooms

Spacious kitchen with breakfast bar

Electric bench hotplates

New rangehood

Electric wall oven

Walk-in pantry

Open-plan kitchen and dining area

Split system air-conditioning to dining area

Sliding door access to patio/carport area

Retro-style bathroom with separate bathtub in feature arch nook

Separate shower and vanity

Large laundry with cupboards

Separate toilet off the laundry

Large rear sunroom/rumpus room

Drive-through access to large powered workshop

Fully fenced backyard.

Established easy-care gardens.

Solar panels.

Solar hot water

Lock-up carport with roller door

Close to schools, shops, public transport and local amenities

All of this is set within walking distance to shops, schools, public transport and local amenities, making day-to-day family living incredibly convenient.

Don't miss out on this one. Call Helen on 0401 056 564 or come along to one of the home opens!

*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.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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