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 › Merley Way
$803,500
Last sold
23 July 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
703 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
$803,500
23 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Parkwood (last 5 years) with land size have a median of $1,093/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
-22.0%
Median sale
Suburb $1,030,000
+0.99 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.
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 703 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 703 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 Century 21 Team Brockhurst***** END DATE SALE: Offers close at 5pm on Monday, 22 July 2024 unless sold prior. *****
Nestled on the corner of a quiet court off Merley Way, this charming property boasts the luxury of two street frontages and a spacious 703 sqm block. Whether you're dreaming of expanding your property portfolio or just looking for a place to call home, this property offers abundant possibilities. With subdivision potential* to demolish the existing home and unveil two separate lots with the possibility of each having their own street access and allowing you to maximise the block's value.
Step inside this delightful 3-bedroom, 1-bathroom home to discover an airy living area is bathed in sunlight, thanks to its large corner windows, creating a warm and inviting space. The dining area, with its unique arch windows and sliding door to the backyard, is perfect for both intimate dinners and lively gatherings. The galley-style kitchen, complete with a built-in breakfast bar, provides uninterrupted views of the lush backyard, making morning coffees and meal prep a joy.
Bedrooms 1 and 2 feature ceiling fans for added comfort, while Bedroom 3 stands out with its full-length sliding robe and sleek, timber-look flooring. The well-appointed bathroom includes a bath and separate shower, complemented by a conveniently separate toilet. Ducted evaporative air conditioning ensures year-round comfort throughout the home.
FEATURES:
* Corner location with two street frontages
* Spacious 703 sqm block with subdivision potential
* 3 bright bedrooms, 1 well-appointed bathroom
* Airy living area with large corner windows
* Charming dining area with unique arch windows
* Galley-style kitchen with breakfast bar and backyard views
* Ceiling fans in Bedrooms 1 and 2; sliding robe in Bedroom 3
* Ducted evaporative air conditioning
* Separate toilet for convenience
Outside, the property continues to impress. A lovely porch/verandah wraps around the front of the home, perfect for enjoying morning tea or evening sunsets. The double gates on the side provide easy access to the backyard, where a generous paved patio/pergola invites outdoor relaxation amidst a leafy setting. The single garage, secured behind a roller door, includes a workshop area ideal for hobbies or gardening projects.
The location is a winner, too. Just a short stroll to Lynwood High School and Parkwood Primary School, with easy access to High Road and the nearby Riverton Forum for all your shopping needs. For leisure, the Whaleback Golf Course is close by, perfect for a leisurely round on the weekends. The potential here is as vast as your imagination, waiting to be transformed into your dream home or next great investment.
For more information and inspection times contact:
Agent: Damian Miller
Mobile: 0432 825 563
PROPERTY INFORMATION
Council Rates: $406.46 per qtr
Water Rates: $286.29 per qtr
Block Size: 703 sqm
Zoning: R20
Build Year: 1974
Dwelling Type: House
Floor Plan: Available
*Any reference to development potential is subject to planning and approval by relevant authorities. Potential Buyers are encouraged to make their own enquiries in relation to any intended plans for future development of this site.
INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.
Listing description written by Damian Miller, Century 21 Team Brockhurst — reproduced as published, not verified by Districts.
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