Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
2
Bedrooms
1
Bathrooms
0
Car spaces
20,234.282 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
No recorded sale price for this property yet.
Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
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 20,234 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 $792/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.
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 20,234 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
Wandi at a glance
5,508
People
$972,000
Median sale
$792/wk
Median rent
4.24%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by IdealRealtyWASellers confirmed their new expectations after offers received ...
Great development ;Massive lot; Rare opportunity and multi options ... Live in this unique retro home or build your own masterpiece on this acreage property, you choose! IdealRealtyWA is proud to present this HUGE development site that is only 20 minutes from the city and close to all amenities. Hold an active WAPC conditional approval for 8 premium lots (6 along Lyon Road and 2 along Blackboy Grove), the asset is completely de-risked. A prospective buyer or developer can immediately leverage this approval to secure commercial development finance for the civil works.
Given the current 2026 Perth property climate, the high demand along Lyon Road, the proximity to the local high school, and the strong price integration with the neighboring Honeywood estate, the valuation dynamics for this site are exceptional.
With 800sqm retail lots in this immediate pocket now holding a clear market value of around $850,000-explicitly proven by the recent early-2026 sale of 613 Lyon Road (805 sqm) for $835,000-and premium 2,000sqm transitional lots near Honeywood commandingly valued between $1,250,000 and $1,350,000, the gross realization and residual land value of this parcel have elevated significantly. Based on these on-the-ground market drivers, our firm bottom line to transact is $#.# Million AUD. We would like to test our expectations against the figure your team has put together.
We are very comfortable holding this high-yielding asset long-term if market offers do not meet this threshold. Welcome the qualified mid-tier developers, syndicate buyers, or civil contractors looking for a premium, development-ready site in Wandi
Home features :
*2 Bedrooms-Master bedroom with timber floors and air-con. The other bedroom has timber floors.
*1 Bathroom-Main bathroom with shower, vanity and bath.
*Activity area with air-con.
*Open plan kitchen with timber floors, gas cooker, double sink and cupboard space.
*Family area has timber floors, reverse cycle air con unit and wood burning fireplace.
*Laundry room with big walk in linen and separate toilet.
*Big verandah overlooking bore reticulated lovely gardens, fruit trees and nature bush land.
*2 big sheds with power or they can double up as powered workshops.
*Block Size: Approx. 5 acres
*Close proximity to new Aubin Grove train station, neighbourhood bakery and IGA.
*Tenanted by $550p/w .Can move out anytime
Land features:
Seller's current subdivision structure plan yields:
*6 lots along Lyon Road.
*2 larger lifestyle lots along Blackboy Grove.
*Lot 9, which consists of a 4000 sqm subdividable urban zone (featuring the existing 2*1 house) and a 6000 sqm special rural zone.
With an additional subdivision application, that 4000 sqm portion is still subdividable into multiple blocks. Furthermore, looking at the medium to long term, there is a chance for the remaining 6000 sqm rural pocket (30% of the whole land of 5 acres) to transit into an urban zone (subject to relevant approval)
Development options :
Option 1: Lots 1 to 6 (the six lots located along Lyon Road), as shown in the attached photo. This excludes the larger lots (Lot 7 and Lot 8) along Blackboy Grove
Option 2: Lots 1 to 8, retain Lot 9 (which includes the existing house and the remaining land).
Option 3: The entire property as a single whole package.
Please contact ROY LI on 0415007588 or 61164511 for any further info or book a viewing and lodge your offers today ...
DISCLAIMER: Whilst every care has been taken with the preparation of the information in the advertisement, neither the Advertiser, Agent nor the client nor servants of these, guarantee its accuracy. Interested parties must make their own enquiries and satisfy themselves with any aspect. The information contained are not intended to form part of any contract, neither do such information constitute any representation by the Vendor or the agent and are expressively excluded from any contract. Images are for illustrative purposes only. Users of this advertisement must do their own due diligence and absolutely no liability and/or no responsibility will be assumed by the Advertiser/Agent/Associated Parties etc. Any reference to any development potential is subject to the users' own due diligence, subject to planning and approval by relevant authorities and is STCA. It is the interested parties' own onus to make their own full enquiries and verify the same in relation to any zoning info and intended plans for future potential and/or development of this site
Listing description written by Roy Li, IdealRealtyWA — reproduced as published, not verified by Districts.