Current Market Valuation
Estimated market value: Approximately $737,180 (based on 79.8% increase from last sold price of $410,000 in 2017, as of June/July 2025)
Notes: The property value has increased significantly (79.8%) since its last sale in 2017. Median house price in Forrestfield is currently around $700,000 - $720,000. [4, 5, 8]
Purchase History
June 28, 2017 - $410,000
September 10, 2008 - $390,000
September 27, 2001 - $163,000
June 8, 1997 - $139,000
Property Details
Type:
House
Bedrooms:
4
Bathrooms:
2
Land (sqm):
505
Car/Garage:
2 (carport/parking spaces)
Estimated weekly rent:
$735 (based on available property data, as of July 7, 2025)
Median rent for houses in Forrestfield is $625 - $650 per week [3, 5, 8, 9]. The estimated rental yield for 21 Pyrite Court is 5.2%, slightly above the Forrestfield average of 5.0%.
Rental vacancy rate:
0.51% (Forrestfield, as of recent data)
Council rate:
Estimated $1,800 - $2,600 per annum (based on suburb averages for similar properties)
Water rate:
Estimated $1,100 - $1,500 per annum (based on suburb averages for similar properties)
Strata fee:
N/A (detached house)
Home and content insurance price:
Not readily available (varies significantly based on insurer and policy details)
Zoning Information
LGA:
City of Kalamunda
Zoning:
Residential (implied for Redgum Estate)
Bushfire:
No (for similar properties in Pyrite Court area)
Flood:
No (for similar properties in Pyrite Court area)
Heritage:
No (for similar properties in Pyrite Court area)
Potential Developments in the Area
State Government:
METRONET Forrestfield-Airport Link (completed 2022, new stations at Redcliffe, Airport Central, and High Wycombe, enhancing connectivity to Perth Airport and CBD)
Significant residential and commercial development opportunities around the new METRONET station precincts
Local Government:
Forrestfield North District Structure Plan (approved, focusing on high-density residential housing, a new activity centre, and a commercially focused precinct around the new train station)
METRONET East High Wycombe Structure Plan (approved April 2025 by Midland Land Redevelopment Committee, aiming to maximise development opportunities arising from station upgrades)
Location 21 Pyrite Ct, Forrestfield WA, Australia
What's Nearby
Education
Health & Medical
Transportation
Forrestfield Train Station (Airport Line - High Wycombe Station) - Train (approx. 2.4 km from The Hales estate, connects to CBD in 20 min)
Local bus services - Bus (service to Perth CBD)
Suburb Performance
Median Price History
Forrestfield has shown continuous growth over the last five years. It is a fast-growing suburb supported by infrastructure investment, education, and lifestyle drivers.
Last 12 months (current) | $700,000 - $720,000 [5, 8, 9]
Last year (1-year change) | Up 20.69% - 23.63% [3, 8, 9]
Last 2 years (2-year change) | Up 36.27%
Past 20 years (compound growth) | 7% per annum
12-Month Growth Insight
Median house price in Forrestfield is currently $700,000 - $720,000, based on recent sales [5, 8, 9].
Annual capital growth for houses is around 20.69% - 23.63% over the past year .
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