Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
WA › Piara Waters › Lancaster Loop
$987,000
Last sold
3 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
300 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
$987,000
3 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Piara Waters (last 5 years) with land size have a median of $2,333/m² of land (n=147). Districts calculation from recorded sales — not a valuation.
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Vs Piara Waters
-2.8%
Median sale
Suburb $1,015,000
+0.13 pp
Gross yield
Suburb 4.54%
Suburb median $1,015,000 from 120 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 300 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 $886/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 300 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
Piara Waters at a glance
20,164
People
$1,015,000
Median sale
$886/wk
Median rent
4.54%
Suburb gross yield
Median sale from 120 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by S Class Property GroupUnder Offer before home open, Home open cancelled!
62 Lancaster Loop, Piara Waters WA 6112
4 Bed | 2 Bath | 2 Car | 300sqm Land | 183sqm Internal
Modern Family Living - Relatively New Build & Prime Convenience!
Hendrick Heo & Sam Cho from S-Class Property Group present a highly attractive opportunity in the sought-after Piara Waters community. Completed in 2018, this fresh and modern four-bedroom, two-bathroom home sits on a low-maintenance 300sqm block with a generous internal living space, offering an exceptional, ready-to-enjoy lifestyle for first home buyers, growing families, or astute investors.
Investment & Lifestyle Potential:
• Current rental appraisal: $850 - $900
• Current fixed-term tenancy: $730 P/W until 20/10/2026
• Newer Build Advantage: As a relatively newer 2018 construction, enjoy the peace of mind that comes with modern fixtures, contemporary compliance, and minimal maintenance requirements.
• High Demand: Positioned within a highly popular, family-centric suburb known for its excellent parks and schooling.
• Lock-and-Leave: Designed for busy professionals or investors seeking a low-upkeep, high-performing asset without the wait of building.
Property Highlights:
Commanding a contemporary street presence with its crisp rendered portico facade and secure double garage, the home opens into a highly functional and well-zoned floor plan. Positioned at the front of the residence for optimal peace and privacy, the master suite acts as a quiet retreat. It comes complete with its own split-system air conditioning, a walk-in robe, and a neatly appointed ensuite featuring a glass-screen shower, crisp white tiling, and a stylish light wood-look vanity.
The central hub of the home is dedicated to an expansive open-plan living and dining domain. Finished with easy-care large-format floor tiling and kept comfortable year-round with a second split-system air conditioner, this space is designed for seamless daily living. Overlooking the living area is a highly capable kitchen, perfectly equipped for the home chef with stylish textured wood-look cabinetry, a spacious preparation peninsula with sleek benchtops, a wide five-burner gas cooktop, a stainless-steel canopy rangehood, and a large fridge recess.
A separate hallway houses the rear accommodation wing, providing excellent privacy for children or guests. Bedrooms two, three, and four are well-proportioned and feature the premium touch of mirrored sliding built-in robes. These rooms are efficiently serviced by a light-filled central main bathroom that mirrors the home's contemporary aesthetic with a glass-screen shower, a separate built-in bathtub, and a matching wood-look vanity, alongside a dedicated laundry room and a separate WC.
Entertaining is made simple with glass sliding doors connecting the main living area directly to a paved alfresco located comfortably under the main roof. Designed for maximum convenience, the rear exterior provides an easy-care setting featuring a secure, fully fenced yard that offers a blank canvas - ready for you to add your own personal landscaping touch or simply enjoy as a low-upkeep space, giving you more time to embrace the premium Piara Waters lifestyle.
Location Highlights (Approx.):
- Walking distance to local bus stops and neighbourhood parklands
- 1.2km to Piara Waters Primary School
- 1.5km to the popular Robot Park (Mason Road)
- 2.0km to Piara Waters Senior High School
- 2.5km to Stockland Harrisdale Shopping Centre (Woolworths, Aldi, cafes)
- 3.0km to CY O'Connor Village Pub and medical facilities
- 8.0km to Cockburn Central Train Station & Cockburn Gateway Shopping City
- 10.0km to Fiona Stanley Hospital
- 26.0km to Perth CBD
- 30.0km to Perth Airport
Outgoings (Approximate):
• Council Rates: $2,760 p.a.
• Water Service Charges: $1,168.18 p.a.
Offers Closing:
All offers presented by 5 PM, 08/04/26 (unless sold prior).
(The seller reserves the right to sell prior to the end date.)
Contact the Selling Agents:
Secure this modern, low-maintenance home today.
Hendrick Heo
📞 0478 555 391
✉️ hendrick.heo@sclasspg.com.au
Sam Cho
📞 0497 899 978
✉️ sam.cho@sclasspg.com.au
Thinking of Selling?
We urgently require more properties to meet strong buyer demand in Piara Waters and surrounding suburbs. Contact S-Class Property Group today for a complimentary market appraisal.
Disclaimer: Whilst every care has been taken in preparing this advertisement, all information provided by the seller and agent is in good faith. Buyers are encouraged to conduct their own due diligence to verify details. Floor plan measurements are approximate.
Listing description written by Hendrick Heo, S Class Property Group — reproduced as published, not verified by Districts.