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 › River Way
$3,350,000
Last sold
8 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
576 m²
Land
446 m²
Building
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
$3,350,000
8 Mar 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
+55.8%
Median sale
Suburb $2,150,000
-0.59 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 576 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 576 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 The Agency PerthAuction Location: onsite.
The almost 70-year single family ownership of this iconic land holding tells a story of love, laughter, and countless fond memories. Quite possibly Salter Point's finest address, the generations of family that grew up within its walls have cherished years of happiness here.
This once in a lifetime opportunity tops the 'A list' in terms of location and sits on a breathtakingly elevated land holding that rubs shoulders with some of the finest river frontage homes along the Canning River.
Enviable and much respected, the home has such an impressive connection with the land and river scape that surrounds it. With either river or park framed by almost every window, it is flanked by 270 degrees of views. The adjacent park has direct stair access to the boardwalk and river below giving you options to walk, ride, swim, or kayak right on your doorstep.
The idea of sitting on your balcony with a glass of wine while watching both the kids play in the park and the world class river panorama is as unique as it gets.
With a highly practical floorplan, the layout is as flexible as it is functional. There is a ground floor master suite with two walk-in robes, a beautiful ensuite and a delightful bay window as
well as four separate living zones, meaning families of all sizes can enjoy the home.
The formal dining and living rooms off the main kitchen area offers scope to entertain at any scale and with a home office away from these areas, the residence gives the perfect flexibility to the new 'hybrid' office landscape. Upstairs are two further living zones with the main large 'games' area complete with bar taking in some of the best views on offer.
Unapologetic in stature, it is perhaps one of Salter Point's most irreplaceable properties.
Stand out features include:
Built in 2000 by Merrin Homes
Split system reverse cycle AC units in all bedrooms and living areas and a ducted evaporative system upstairs
Soaring ceilings throughout
Well-appointed laundry with fantastic storage and convenient side access for drying
Rinnai Infinity 24 instantaneous gas hot water heater
Blow-in roof insulation
Bore reticulated gardens
NBN with back-up power to stay connected
2kW Solar System
Almost new four burner gas cooktop with an electric oven and dishwasher
Massive Evostone countertops in the kitchen
Clear Steel Security glass and tint installed to all windows
Security screens installed to all doors and most windows
Ducted vacuum
Gorgeous bay windows with extra under bench storage
Alarm system - monitoring compatible
Ample built-in storage options both downstairs and upstairs
Cleverly designed lockable workshop with access to both the double garage and the rear of the property
Extra garden shed outside for further storage needs
Electric roller shutter to large feature window above the stairs
Location highlights (approximate distances):
Canning River 10m
Aquinas College 70m
Manning Primary School 1.4km
Challenger Reserve 1.5km
Kwinana Freeway Access 1.8km
Waterford Shopping Plaza 3.5km
Curtin University 3.6km
Penrhos College 4.7km
Royal Perth Golf Club 7.9km
South Perth foreshore 8.1km
Fiona Stanley Hospital 10.1km
Perth CBD 10.9km
Perth International Airport 15.8km
To discuss this property further contact Jon Williams on 0412 028 555
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Jon Williams, The Agency Perth — reproduced as published, not verified by Districts.