Madeley at a glance
7,416
People
$1,165,000
Median sale
$828/wk
Median rent
3.70%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
WA › Madeley › Lockeport Approach
$1,010,000
Last sold
7 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
390 m²
Land
261 m²
Building
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
$1,010,000
7 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Madeley (last 5 years) with land size have a median of $2,142/m² of land (n=89). Districts calculation from recorded sales — not a valuation.
Madeley at a glance
7,416
People
$1,165,000
Median sale
$828/wk
Median rent
3.70%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Madeley
-13.3%
Median sale
Suburb $1,165,000
+0.56 pp
Gross yield
Suburb 3.70%
Suburb median $1,165,000 from 44 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 390 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 $828/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 390 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
Madeley at a glance
7,416
People
$1,165,000
Median sale
$828/wk
Median rent
3.70%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome home to this well-connected home, across the road from a primary school and a short drive from a major shopping centre. With multiple living areas, modern features throughout the home, a large courtyard and the wonderful location, this property is laid out perfectly for the whole family. Currently rented out until October, it offers an immediate rental income upon settlement. walking distance to close to all amenities, shops and the heart of the Perth CBD. Currently rented out, it provides an immediate investment opportunity. Don't miss out on this wonderful home!
Property Highlights:
• Total block size of approximately 390 square metres
• Total internal size of approximately 261 square metres
• Secure double car garage for parking
• Window to garage area for light & shopper's entrance for easy accessibility
• Undercover porch and welcoming entry area
• Spacious front family room with views to front yard
• Large dining area with access to courtyard
• Kitchen with gas hotplates, 1 1/4 sink and overlooking main living area
• Ducted air-conditioning to the main living areas
• Split-system air conditioning unit to the main bedroom
• Private ensuite and walk-in robe to main bedroom
• Main bathroom with bathtub and shower
• Built in robes to the minor bedrooms
• Low-maintenance courtyard for entertaining
Investor Summary
• This property is currently leased on a fixed term basis until October 2026 at $750 per week
• Current estimated market rent for this property is $850 per week
• A free updated rental appraisal can be provided upon readiness to re-lease to current or new tenants
• HouseSmart is active throughout Madeley and surrounds and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.
Rates & Fees Estimation:
• Water Rates: Approximately $1,249.79 per annum
• Council Rates: Approximately $2320.84 per annum
• Strata-titled with one other property - NO strata fees!
Location Summary
• Across the road from Madeley Primary School - perfect for those with young kids!
• Nearby parks and playgrounds perfect for pets
• Short drive to Kingsway City Shopping Centre
• Nearby Lake Goollelal recreation/walking area
Make the most of this comfortable and accessible home - this property is ready for its' new owners to take that next step. Whether leasing out or moving in, this property has a lot of opportunity - don't miss out!
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.