Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
WA › Parkwood › Meadowbrook Dr
$580,000
For sale
$580,000
Last sold
2 Feb 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
702 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
$580,000
2 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,096/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Parkwood
-43.7%
Median sale
Suburb $1,030,000
+2.71 pp
Gross yield
Suburb 3.48%
Suburb median $1,030,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,490 on top of the price (4.4% 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 Parkwood'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 702 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 $690/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 702 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
Parkwood at a glance
6,341
People
$1,030,000
Median sale
$690/wk
Median rent
3.48%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stratton Realty** UNDER OFFER BY TEAM SUTRISNO **
Positioned in a sought-after Parkwood location, this well-presented family home offers generous living spaces, quality updates throughout, and a versatile outdoor setup designed for both relaxation and entertaining.
From the outset, the property presents with a well-sized front yard, double carport, gated side access, security shutters to the front windows, and a security screen door for added peace of mind. A solar panel system further enhances the home's practicality and energy efficiency.
Inside, tiled flooring flows throughout the main living areas, kitchen, and hallways, creating a low-maintenance and cohesive feel. The central living and dining area is generously proportioned and complemented by modern LED lighting and a split system air-conditioning unit that comfortably services the space.
The kitchen has been thoughtfully updated and features a double sink, dishwasher, modern electric cooktop, ample cabinetry, and a spacious built-in pantry, providing both functionality and storage for everyday family living.
The master suite is particularly impressive, offering generous proportions, its own split system air-conditioning unit, a walk-in wardrobe, and a well-appointed ensuite complete with dual vanities, shower, toilet, and a spa-style bathtub.
The secondary bedrooms are both well sized and include built-in wardrobes, while one bedroom also enjoys direct access to the outdoor entertaining area. A centrally located family bathroom includes a shower, bathtub, and vanity, while the laundry offers additional storage, a separate toilet, and direct outdoor access.
Stepping outside, the home truly comes into its own with an expansive covered entertaining area complete with extensive cabinetry, space for a bar fridge, and a wall-mounted television. Beyond this, a second covered entertaining pavilion provides additional flexibility for gatherings, outdoor dining, or relaxation.
The backyard has recently undergone improvements, including the removal and backfilling of the former swimming pool area, which is being transformed into a usable lawn space. Established gardens have been tidied and various maintenance works have been completed throughout the property, further enhancing its overall presentation.
Additional features include:
- Solar panel system
- Security shutters
- Split system air-conditioning
- Modern LED lighting
- Multiple outdoor entertaining areas
- Double carport with gated side access
- Built-in storage shed/workshop
- Updated kitchen and living spaces
The location further enhances the appeal, with Riverton Shopping Centre and Westfield Carousel, all within easy reach. Well-regarded schools including Parkwood Primary School and Lynwood Senior High School are located nearby, while public transport and major arterial roads ensure excellent connectivity for everyday commuting and convenience.
Offering generous proportions, multiple entertaining zones, and a practical family-friendly layout, this home presents an excellent opportunity to secure a spacious property in a highly convenient Parkwood location.
Contact Vicktor Sutrisno or Moon Liao to register your interest.
Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. While every effort has been made to ensure the information is accurate and reliable, buyers should conduct their own independent due diligence to confirm the details provided.
Listing description written by Vicktor Sutrisno, Stratton Realty — reproduced as published, not verified by Districts.