Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Rutland Ave
$530,000
Last sold
5 Sept 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
147 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
$530,000
5 Sept 2023 · derived via latest_sale
Local land rate: recorded Townhouse sales in Lathlain (last 5 years) with land size have a median of $2,930/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Lathlain
-65.6%
Median sale
Suburb $1,540,000
+4.25 pp
Gross yield
Suburb 2.23%
Suburb median $1,540,000 from 11 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 147 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 $660/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 147 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Urban SpringsThis townhouse is tucked securely in a small private gated complex of 8 and is ripe for the picking. This property would make a fantastic addition to an investment portfolio - you can't go wrong in the highly sought-after suburb of Lathlain.
As you walk through the tiled entrance way you will find it opens up to a spacious front living area connecting you to the open-plan kitchen, dining, and casual lounge area. A separate powder room toilet off the laundry finishes the ground floor layout while upstairs the bedrooms, all with Walk in Robes and ducted air-conditioning await.
This property has endless potential and is a perfect blank slate for the successful buyer to make it their own in the future if they wish, however the property is currently in great condition as is.
PROPERTY ASSETS:
• Floating timber flooring both upstairs and to the downstairs living area
• Open plan kitchen, dining, and casual lounge area
• Breakfast bar, ample storage and bench space, oven/MW stack, and gas cooking to the kitchen
• Walk-in robes to all bedrooms
• 3 toilets (downstairs powder room, main bathroom & ensuite)
• Bathroom with separate shower and bath
• Lockable external store room
• Internal under stair storage
• Low maintenance paved courtyard (with a small veggie garden as an added bonus!)
• Parking for two vehicles (one undercover) & rear access via the carport
• Security pedestrian & vehicle gate
• Ducted air conditioning
• Gas bayonet heating
• Instantaneous gas hot water system
• External gas bayonet and water supply perfect to set up that outdoor BBQ area
• NBN Connected
LOCATION:
• 5 mins WALK to West Coast Eagles training ground & base.
• 5 min walk to Vic Park Station, plenty of fantastic public transport options (next stop is Burswood Station making for a quick trip to Optus Stadium & Crown Casino!)
• 2km to the main cafe strip in Vic Park!
• Only 3.5km drive to Optus Stadium & Crown Casino!
• 10 min drive to Perth CBD
• 15 min drive to Perth Airport
Currently tenanted until March 2024.
Don't snooze on this one, register to view and contact Joseph Gardner on 0449 094 885 now.
Listing description written by Joseph Gardner, Ray White Urban Springs — reproduced as published, not verified by Districts.
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