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 › Vellgrove Ave
$530,000
For sale
$530,000
Last sold
26 Oct 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
706 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
$530,000
26 Oct 2022 · 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
-48.5%
Median sale
Suburb $1,030,000
+3.29 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.
$23,115 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 706 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 706 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 RealtyBeautifully renovated and thoughtfully updated throughout, this inviting three-bedroom family home combines fresh modern interiors, generous outdoor space and everyday practicality in a quiet and convenient location. With a contemporary custom made kitchen, luxuriously refreshed bathroom, updated laundry, excellent built-in storage and an expansive established backyard, the property offers an outstanding opportunity for first home buyers, families and investors seeking a home where much of the hard work has already been completed.
From the moment you arrive, the well-sized front yard provides an inviting introduction to the property, while security screens to the doors and windows offer an additional layer of everyday practicality and peace of mind.
Stepping inside, the extent of the home's transformation becomes immediately apparent. Fresh paintwork across the walls, ceilings and doors combines with updated flooring and a bright neutral colour palette to create a clean and contemporary environment throughout. New ceiling insulation further enhances the home's comfort and efficiency.
At the heart of the residence is the beautifully renovated kitchen, thoughtfully designed to combine modern style with everyday functionality. Stone benchtops are complemented by generous cabinetry and overhead storage, quality appliances and a dedicated coffee nook, creating an inviting workspace equally suited to busy mornings, family meals and entertaining.
The surrounding living spaces continue the home's refreshed presentation, providing a comfortable setting for everyday family life with updated flooring and an easy connection between the principal living areas. A split AC unit services, and additional ceiling fan services the open-plan living area.
Accommodation comprises three well-proportioned bedrooms, all benefiting from excellent built-in storage. One bedroom features a large double sliding-door built-in wardrobe, while the remaining two bedrooms each include double-door built-in wardrobes, providing plenty of practical storage without compromising valuable bedroom space.
The bathroom has been luxuriously and recently refreshed, presenting a stylish contemporary space with modern finishes and fixtures that complement the home's broader renovation. Its updated presentation provides another standout feature for buyers seeking a property that is genuinely ready to enjoy.
A dedicated laundry has also been comprehensively updated and features a new sink and cabinetry, providing valuable storage and functionality for everyday household needs. An adjoining separate toilet adds further convenience, while direct side-door access connects the laundry area with the backyard.
Outside is where the property offers something increasingly difficult to find. The generously sized backyard combines established gardens with mature tropical trees, creating a leafy and private environment with an abundance of room for children, pets and outdoor living. A paved entertaining area provides an inviting setting for gatherings with family and friends, while the established surroundings create an almost park-like atmosphere within the privacy of your own property.
Further enhancing the outdoor areas are bore-reticulated gardens and recently updated Colorbond fencing, providing practical improvements to an already impressive backyard.
The location completes the package. Positioned in a quiet and established residential pocket, the home enjoys convenient access to Roe Highway and Leach Highway, making travel throughout the surrounding metropolitan area straightforward. Local shopping, parks, public transport and everyday amenities are all within easy reach, while families will particularly appreciate being situated within the Lynwood Senior High School catchment.
Combining comprehensive renovations, a stylish modern kitchen, beautifully refreshed bathroom, updated laundry, excellent bedroom storage and an expansive established backyard, this is a home that offers considerably more than first meets the eye.
For buyers searching for a move-in-ready family home with modern finishes, generous outdoor space and a convenient location, this beautifully updated residence deserves your attention.
Contact Vicktor Sutrisno or Erfan Hassani 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.
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