Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Mount Pleasant › The Promenade

106A The Promenade, Mount Pleasant WA 6153

House

$3,512,000

Last sold

26 Apr 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

482 m²

Land

455 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $3,512,000 (26 Apr 2026).(Recorded sale)
  • CalculationRecorded House sales in Mount Pleasant (last 5 years) with land size: median $3,833/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Local road (796) under the MELVILLE.(Landgate SLIP · 31 Aug 2026)

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?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$3,512,000

26 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $3,833/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Mount Pleasant at a glance

8,199

People

$2,117,500

Median sale

$783/wk

Median rent

1.92%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Pleasant report →

Vs Mount Pleasant

+65.9%

Median sale

Suburb $2,117,500

-0.76 pp

Gross yield

Suburb 1.92%

Suburb median $2,117,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

MELVILLE

Zone

Local road

796

Jurisdiction

Melville

Melville, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 711687

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 detected — official

The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$3,512,00026 Apr 2026
  2. Listedprice unknowncompleted15 Apr 2026
  3. Listedprice unknowncompleted15 Apr 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 482 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

Flood overlay has not been queried for this lot. 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 $783/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

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

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.

2 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 482 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Mount Pleasant in one glance

Mount Pleasant at a glance

8,199

People

$2,117,500

Median sale

$783/wk

Median rent

1.92%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Pleasant report →

Keep researching

  • Why Mount Pleasant? Read the area thesis →
  • What else is on the market in Mount Pleasant →
  • Other records on The Promenade →

Listing material

Listed by Colleen Gandini Residential

HOME OPEN THIS SUNDAY AT 2PM! Engineered to Perfection, Timeless Design, Future-Ready Living

Crafted with precision and built to an uncompromising standard, this exceptional Mount Pleasant residence is the ultimate expression of meticulous design and enduring quality. Designed and constructed by an engineer with an eye for detail, every element of this home has been thoughtfully considered, resulting in a property that is not only visually stunning but built to stand the test of time.

The home remains remarkably ahead of its time, seamlessly integrating advanced technology, intelligent design, and luxurious finishes throughout.

At its core, a breathtaking void over the kitchen and dining area creates a dramatic architectural centrepiece. Soaring ceilings and expansive floor-to-ceiling windows flood the home with natural light, while electric blinds provide effortless control and comfort.

Read the full description

Property Features:

* 4 generously proportioned bedrooms

* 2 bathrooms plus 3 WCs

* Luxurious primary suite with walk-in robe

* Built-in robes to all secondary bedrooms

* Expansive open-plan living with feature gas heater

* Beautiful Wood Panelled Double Garage

* Mini Basketball Court

The designer kitchen is both elegant and highly functional, complete with premium marble benchtops and flooring, scullery, and a walk-in pantry—perfectly suited for both everyday living and entertaining on a grand scale.

Adding to the home's refined appeal is a dedicated wine room, ideal for collectors and entertainers alike.

Outdoor Living Redefined:

Designed for year-round enjoyment, the outdoor entertaining area is a true extension of the home.

* Tiled swimming pool with solar heating

* Spa with dedicated gas heating

* Premium outdoor kitchen with Vintec fridges

* Pizza oven for elevated entertaining

* Concertina doors opening seamlessly to the alfresco

* Retractable flyscreens for all-season comfort

The integration between indoor and outdoor spaces is effortless, creating a resort-style environment perfect for both intimate gatherings and large-scale entertaining.

Premium Finishes & Intelligent Features:

* Marble benchtops and flooring throughout

* Individually installed genuine hardwood wall panelling

* Smart home wiring throughout

* Remotely Accessible CCTV

* Access Control System

* Facial recognition access to main entry and front security gate

* Genuine Hardwood flooring in the upper levels

This is a home where no shortcut has been taken—every finish is deliberate, every inclusion purposeful. It offers a rare combination of architectural impact, technical excellence, and everyday livability.

Positioned in one of Mount Pleasant's most desirable streets, this is a residence that delivers not only luxury, but lasting quality and innovation.

A home of this calibre is seldom offered.

Enquire today to experience it for yourself.

Contact Kalindi Monie on 0404 127 354

Listing description written by Kalindi Monie, Colleen Gandini Residential — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
  • Toilets: 3
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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