Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
WA › Alfred Cove › Cormack Rd
$1,640,000
Last sold
1 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
388 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,640,000
1 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Alfred Cove (last 5 years) with land size have a median of $2,452/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Alfred Cove
+2.5%
Median sale
Suburb $1,600,000
-0.06 pp
Gross yield
Suburb 2.63%
Suburb median $1,600,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
MELVILLE
Zone
Residential
1
Jurisdiction
Melville
Melville, WA
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.
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.
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
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 388 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.
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
No advertised rent is recorded. Suburb median rent $810/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.
2 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 388 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?
KnownmediumOfficial parcel about 872 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthCirca 1965 and recently renovated, this immaculately presented 4-bedroom 2-bathroom family home oozes so much character from the outside in. The renovation is modern yet maintains the homes character at the same time.
Cormack Road is a hidden secret with low traffic flow, close proximity to the Swan River and home to many long-term Alfred Cove families that have loved and cherished this location for generations. Such a tightly held pocket that opportunities like this don't come up often
Upon entering the property, you will be impressed by the feature sunken front garden including an established wooden arbour where you can entertain overlooking the lawn and flowerbeds, and a BBQ nook complete with built in gas BBQ and outdoor sink for all your entertaining needs through the seasons. Family gatherings and social events are well accommodated here and is very much a statement of the home!
There is room to add a plunge pool if so desired, and the low care easy gardens is beautiful and sets a level of peace and serenity for all to enjoy.
Heading inside you will find loads of spectacular features including the standout "AWARD WINNING" bathrooms that are both large in size, including the indulgent freestanding bathtub in the master ensuite. The feature tiling in both bathrooms, large free-standing vanities and large sinks all add to the standout features with nothing to do or change here.
The floorplan will have you entering the main living area from the feature front door, you will find the feature fireplace and the character filled renovated kitchen with wooden countertops and lots of storage. Off the main living area to the left front wing of the home is large near new ceiling to floor windows that bring in all the natural light and the master bedroom. All three bedrooms are to the rear of the home along with the second bathroom creating that great separation of living for families and a functional layout to suit. All bedrooms are large with ample storage adding to that cosy cottage character home vibe. Lots to love here.
Feature fireplace and loads of original character, wooden jarrah boards and high ceilings and so much more.
Put this one on your list to view.
ALL OFFERS PRESENTED SUBJECT SALE WELCOME
Features include:
Air conditioning split systems throughout
Ceiling fans throughout
Walk in robe in Master and Built In Robes in minor bedrooms
Large Freestanding Bath Tub
Electric Oven and Stainless Steel kitchen appliances
Plantation Shutters throughout
Sleep out as a multiple use space whether it's a home office or activity zone
Covered Rear Alfresco
Garden Shed
Automatic Blind off Garage
Gated front entry for security
Established Gardens with feature lighting
Outdoor Bbq Kitchen with sink and storage
Large laundry which doubles as a walk in pantry/scullery zone
BRAND NEW Automatic sectional garage door being fitted (01/05/2026)
BOORAGOON PRIMARY and APPLECROSS HIGH CATCHMENT
To offer on this property please complete the "Letter of Intent" and return it to andrewm@theagency.com.au and we will be in contact with you.
ALL OFFERS PRESENTED. SUBJECT SALE WELCOME.
Downsizers, please feel free to discuss how to make this property yours.
Interested in knowing what is happening in your suburb and potentially what your property might be worth in today's market? Then "ASK ANDREW" for an obligation free market appraisal today.
Contact Exclusive Listing Agent ANDREW MULCAHY 0419 945 678
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 Andrew Mulcahy, The Agency Perth — reproduced as published, not verified by Districts.