Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › Mount Pleasant › The Promenade

108 The Promenade, Mount Pleasant WA 6153

House

$2,240,000

Last sold

11 July 2025

4

Bedrooms

2

Bathrooms

3

Car spaces

899 m²

Land

167 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 $2,240,000 (11 July 2025).(Recorded sale)
  • CalculationLand 899 m² against a 167 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mount Pleasant (last 5 years) with land size: median $3,849/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$2,240,000

11 July 2025 · derived via latest_sale

Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $3,849/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

+5.8%

Median sale

Suburb $2,117,500

-0.10 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,240,00011 July 2025
  2. Listedprice unknowncompleted21 May 2025
  3. Listedprice unknowncompleted21 May 2025

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 899 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

Official flood overlay has not been retrieved (pending). 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.

1 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 899 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Grant Premium Property

First Home Open This Saturday at 9:30am!

RARE 899SQM FULL-SIZE BLOCK - RENOVATE, SUBDIVIDE OR BUILD NEW IN PRIME MOUNT PLEASANT LOCATION

LAND VALUE - FREE HOME!

Set on a generous 899sqm block, this property offers one of the few remaining opportunities to secure a full-sized, subdividable lot in a tightly held pocket of Mount Pleasant. Whether you're looking to renovate the existing home, explore development potential, or build your dream residence, the sheer size and versatility of this block open up a world of possibilities.

Read the full description

As we move into the warmer months, there's no better time to enjoy the charm of this spacious backyard. The greenhouse is ideal for planting herbs and getting a head start on your tomatoes, while the large workshop and garden evoke the peaceful feel of a country retreat.

Evenings are best spent walking or cycling along the nearby river - this is a lifestyle location, perfect for those who appreciate natural beauty and community charm.

The home itself is well-zoned with two separate living areas, making it ideal for families, shared living, or those needing extra space. A modern kitchen, generous master suite, and enclosed patio provide comfort and functionality, while original 1960s features and bathrooms add character and renovation potential.

Please Note - With Tenancy in place until 17/9/25 at $700pw Tenants happy to stay. Inspections will be limited.

FEATURES:

- 4 Bedroom, 2 Bathroom solid brick and tile home

- Huge 899sqm subdividable block (subject to WAPC approval)

- Two living areas for flexible living arrangements

- Split system air-conditioning

- Modern kitchen with gas appliances

- Large master bedroom with walk-in robe

- Built-in robes to secondary bedrooms

- Enclosed patio for year-round use

- Greenhouse and rainwater tank

- Large workshop with garage and double carport, including drive-through access

Please note - the house is sold on an “as is” basis

Mount Pleasant Primary & Applecross High School zones. Close to Freeways, Perth CBD, Fiona Stanley Hospital, and Westfield Booragoon

This is a golden opportunity to secure your future in one of Perth's most desirable riverside suburbs.

Listing description written by Team Grant, Grant Premium Property — reproduced as published, not verified by Districts.

Also look at

Also for sale in Mount Pleasant

  • 33 The Esplanade, Mount Pleasant WA 6153

    4-bed house. Currently listed.

    For sale
  • 43 The Esplanade, Mount Pleasant WA 6153

    5-bed house for sale. Currently listed.

    For sale
  • U1504, 893 Canning Hwy, Mount Pleasant WA 6153

    2-bed apartment. Currently listed.

    For sale
  • 84B Glenelg St, Mount Pleasant WA 6153

    3-bed house. Currently listed.

    For sale
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.