Salter Point at a glance
3,116
People
$2,150,000
Median sale
$682/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
WA › Salter Point › Stitfold Promenade
$1,700,000
Last sold
24 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
542 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
Last sold
$1,700,000
24 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Salter Point (last 5 years) with land size have a median of $2,593/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Salter Point at a glance
3,116
People
$2,150,000
Median sale
$682/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Salter Point
-20.9%
Median sale
Suburb $2,150,000
+0.44 pp
Gross yield
Suburb 1.65%
Suburb median $2,150,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 542 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 $682/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 542 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
Salter Point at a glance
3,116
People
$2,150,000
Median sale
$682/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by ART OF REAL ESTATEVery rarely does a property of this calibre come on the market.
Boasting grandeur spaces and quality fittings throughout, with a versatile and well laid out floorplan, 1 Stitfold Promenade, Salter Point, provides you with the perfect sanctuary to entertain friends and family all year round.
Welcoming you into the home is the large double width entrance foyer with high ceilings, feature chandeliers, and a front formal lounge with limestone gas fireplace. Flowing through the entrance hall you will find the spacious open-plan living, kitchen and dining, with recessed side bar for the after 5 tipple. The well-appointed timber kitchen features granite stone benchtops, ample storage and top of the range appliances.
The enclosed alfresco entertaining area delights with second kitchen and cedar lined ceilings. Bifold doors extend the entertaining zone to incorporate a private outdoor courtyard, with water feature and low maintenance bordering gardens.
Upstairs, the main bedroom is generous in size, with a private balcony overlooking the city and river views, substantial WIR, and an ensuite featuring shower, corner spa, double vanity and separate WC. An additional three bedrooms, all generously sized with BIRs, share the main bathroom featuring shower, bath tub, WC, and double vanity. A spacious undercover balcony flows from the upstairs living area with more river views, providing further entertaining space.
Situated directly opposite our stunning Swan River, and in close proximity to some of Perth's best schools, universities, shopping centres and major arterials, and 10 Minutes to the City with immediate accessibility to the river paths and walkways, this property will impress the discerning buyer.
Other features of this property include:
- North-facing corner site
- Secure double car garage
- Surround sound theatre room with optional smart wiring throughout the home
- Blockout blinds and custom fitted quality drapes throughout
- Reverse cycle climate control air conditioning throughout
- Electronic shutters on windows and remote controlled and monitored security.
For more information on this stunning home, please contact Jac Fear or Karen Firth today.
We look forward to welcoming you.
Listing description written by Jac Fear | Karen Firth Team, ART OF REAL ESTATE — reproduced as published, not verified by Districts.