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WA › Canning Vale › Parnell Way

U5, 9 Parnell Way, Canning Vale WA 6155

For saleHouse

$800,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

239 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $800,000(Listing record · 27 July 2026)
  • FactLand 239 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Canning Vale (last 5 years) with land size: median $2,017/m² of land (n=156). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 34% below the Canning Vale median recorded sale ($1,210,000, n=171, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Canning Vale's advertised median rent ($807/wk), implied gross yield would be 5.25% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$800,000

Asking · $3,347/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Canning Vale (last 5 years) with land size have a median of $2,017/m² of land (n=156). Districts calculation from recorded sales — not a valuation.

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Vs Canning Vale

-33.9%

Median sale

Suburb $1,210,000

+1.78 pp

Gross yield

Suburb 3.47%

Suburb median $1,210,000 from 171 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$800,000
Stamp Duty (Western Australia)
$32,316
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$836,241

$36,241 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Canning Vale's advertised median rent — not a rent for this listing.

Net yield
3.75%
Annual cashflow (pre-tax)
$-11,636
Interest cover (DSCR)
0.72
Annual rent
$41,964
Operating expenses
$12,000
Loan amount
$640,000
Annual interest
$41,600
Gross yield
5.25%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$800,000available27 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 239 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $807/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 239 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Canning Vale in one glance

Canning Vale at a glance

38,135

People

$1,210,000

Median sale

$807/wk

Median rent

3.47%

Suburb gross yield

Median sale from 171 recorded sales (last 12 months) — a Districts calculation.

See the full Canning Vale report →

Keep researching

  • Why Canning Vale? Read the area thesis →
  • What else is on the market in Canning Vale →
  • Other records on Parnell Way →

Listing material

Listed by The Property Pod

Blink and you could miss it.......

If you've been waiting for that 'easy care, lock and leave home' that doesn't feel like you're compromising on space or style, this could be the one.

Perfect for downsizers, busy professionals or first home buyers wanting to spend less time maintaining a home and more time enjoying life, this beautifully presented 3 bedroom, 2 bathroom home offers modern comfort in a friendly, well established community.

Built in 2012, the home has been finished in timeless neutral tones with gorgeous timber look flooring that creates a warm, inviting feel from the moment you walk through the door.

Read the full description

At the heart of the home is a kitchen you'll actually enjoy cooking in, complete with stone benchtops, an abundance of preparation space, breakfast bar seating, a 900mm stainless steel oven, gas cooktop, rangehood and plenty of storage.

The open plan living and dining area is light, bright and comfortable year round with split system heating and cooling, while the spacious master suite enjoys its own split system air conditioner, his and hers built in robes and a private ensuite.

You'll also appreciate the practical separate laundry featuring additional benchtops and cabinetry, making everyday living that little bit easier.

Features You'll Love:

• 3 generous bedrooms

• 2 bathrooms including private ensuite

• Double lock up garage

• Built in 2012

• Lock and leave lifestyle

• Beautiful timber look flooring

• Neutral modern décor throughout

• Stone benchtops to the kitchen

• Loads of bench and cupboard space

• Breakfast bar

• 900mm stainless steel oven

• Gas cooktop and rangehood

• Split system air conditioning to the open plan living area

• Split system air conditioning to the master bedroom

• His and hers built in robes

• Separate laundry with extra cabinetry and bench space

Location, Location, Location

Positioned just 700 metres from Livingston Shopping Centre, you'll have supermarkets, cafés and everyday conveniences virtually on your doorstep. Public transport, quality schools and beautiful local parks are all just minutes away, making this an incredibly convenient place to call home.

Homes that offer this combination of lifestyle, location and low maintenance living are in incredibly high demand and simply don't last. If you've been waiting for the right one, don't wait too long... because someone else probably is too.

Contact me today to arrange your viewing or make your offer - Nicola Lee 0413 879 151

**Disclaimer**

Whilst every care has been taken in the preparation of this advertisement, all information provided is believed to be reliable but is not guaranteed. Interested parties should make their own independent enquiries and satisfy themselves as to the accuracy of all information contained herein. The Property Pod, its representatives and the seller make no representation or warranty, express or implied, as to the accuracy, completeness or currency of the information provided. Measurements, distances, floor plans, boundaries, areas and all other particulars are approximate and subject to change without notice. Any reference to nearby amenities, schools or transport is intended as a guide only and buyers should make their own enquiries. Furniture, furnishings and styling shown in photographs are for illustrative purposes only unless otherwise stated.

Listing description written by Nicola Lee, The Property Pod — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Courtyard
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.