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WA › Canning Vale › Nicholson Rd

536 Nicholson Rd, Canning Vale WA 6155

For saleLand

$499,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

202 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $499,000(Listing record · 13 July 2026)
  • FactLand 202 m²; no building size recorded.(Property record)
  • CalculationAsk is 59% below the Canning Vale median recorded sale ($1,210,000, n=171, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Canning Vale's advertised median rent ($807/wk), implied gross yield would be 8.41% — 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

$499,000

Asking · $2,470/m² of land

No recorded sale for this property.

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Vs Canning Vale

-58.8%

Median sale

Suburb $1,210,000

+4.94 pp

Gross yield

Suburb 3.47%

Suburb median $1,210,000 from 171 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$499,000
Stamp Duty (Western Australia)
$17,718
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
$520,643

$21,643 on top of the price (4.3% 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 Canning Vale's advertised median rent — not a rent for this listing.

Net yield
6.91%
Annual cashflow (pre-tax)
$8,531
Interest cover (DSCR)
1.33
Annual rent
$41,964
Operating expenses
$7,485
Loan amount
$399,200
Annual interest
$25,948
Gross yield
8.41%

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$499,000available13 July 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 202 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 $807/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 8.4%. 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

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 202 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

Canning Vale in one glance

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Keep researching

  • Why Canning Vale? Read the area thesis →
  • What else is on the market in Canning Vale →
  • Other records on Nicholson Rd →

Listing material

Listed by Ray White BPG Thornlie

Build Your Future In A Prime Canning Vale Location

An exceptional opportunity awaits to secure this 202sqm street front block in one of Canning Vale's most convenient and sought after locations. Whether you are looking to build your first home, downsize into a low maintenance lifestyle, or invest in a quality location, this is the perfect blank canvas to bring your vision to life.

With no existing home to remove, you can start planning your dream build straight away and design a home that suits your lifestyle. Enjoy all the benefits of a well established suburb while creating something that is uniquely yours.

Ideally positioned on Nicholson Road, this block offers outstanding access to a wide range of local amenities including shopping centres, schools, public transport, parklands, and major road connections. Livingston Marketplace, Canning Vale College, Ranford Primary School, and the future Nicholson Road Train Station are all within easy reach, while Roe Highway and South Street provide convenient access to Perth CBD, Fremantle, and Perth Airport.

Read the full description

Property Features:

202sqm street front vacant block

Fantastic opportunity to build your dream home

Low maintenance land size

No demolition required

Ideal for first home buyers, downsizers, or investors

Convenient location close to schools, shops, parks, and public transport

Easy access to Roe Highway, South Street, and other major transport links

Council rates: $1,323 pa (approx)

Water rates: $807 pa (approx)

Strata fees: $307.84 pq (approx)

Opportunities to secure affordable land in the heart of Canning Vale are becoming increasingly rare. Don't miss your chance to build exactly what you have been searching for in a location that continues to be in strong demand.

**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 Shahbaj Brar, Ray White BPG Thornlie — reproduced as published, not verified by Districts.

Districts

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

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