St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › St James › Stannard St
For sale
For sale
5
Bedrooms
3
Bathrooms
2
Car spaces
270 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.
Local land rate: recorded House sales in St James (last 5 years) with land size have a median of $1,847/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 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 270 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 $621/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 270 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
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Real Estate YourselfPhone Enquiry Property ID: 2454 (Quote when calling or texting)
For the astute investor or SMSF portfolio, this prime location 5x3 is within 7kms of the city and less than 1km from Curtin Uni or TAFE, close to bus routes, and close to the Vic Park Cafe strip.
With the interest rate hikes, there are not too many properties left in the country that have such cashflow yield potential. If you are looking for a positively geared property for your SMSF or positive cashflow to help your lifestyle, this property in a bluechip location has a lot to offer.
Supercharge your investment portfolio with this money maker with the potential to earn $1300 per week (long-term room-by-room) or upto $1800 per week (short-term on Airbnb), this property has a solid 9-10% yield no matter how you choose to manage it. We have had interest from educational institutions and even mining companies bringing people into Perth through our existing property manager who will be more than happy to carry on with the new owners.
A few features of the property as follows:
- Big Master bedroom with a spacious walk-in robe, and a decent sized attached bathroom.
- Four bedrooms with the ability to fit a double bed. Not many properties in the area can fit a double bed in each room!
- Bedrooms have a built-in robe and a built in desk for convenience.
- Security grills
- a very spacious 2.5 car port ( 2 cars + bikes can fit easily). Free street parking and verge parking without any permits.
- NO STRATA LEVIES. Strata size is 270sqm because the entitlement boundary traces the contour of the front all the way to the front of the carport and entrance. So the effective area will feel more like 300+sqm
- Recent partial renovations to the house (chrome tapware upgrade, new Rangehood, partial painting, Solar Panels, structural repairs etc) means there is a good depreciation profile too.
- walking distance to IGA supermarket, post office, a beautiful coffee shop, wood fired pizza restaurant, auspost newsagency, (halal) butcher, a beautifully upgraded park with table tennis, or mini tennis too.
- proximity to public transport, bus routes nearby with a single bus ride straight to city, Vic Park cafes and restaurants, Curtin Uni, or Westfield Carousel Shopping Centre.
Considering capital growth?
A neighbouring 4x3 unit is listed for $920k on the same street, indicating substantial potential in this sought-after locale which is now topping $1M in recent property sales.
Calculate the opportunities, assess the amenities, and make your best offer for a wise investment move. This is a unique offer with income-making potential to pay off your mortgage and more with positive gearing.
So much opportunity, so many amenities close by, you do the math and put your best offer forward while you can
Viewings are by appointment only given the occupancy we limit the viewing bookings to 2 weeks in advance for the best offers received*
Listing description written by Real Estate Yourself, Real Estate Yourself — reproduced as published, not verified by Districts.