Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Perth › Palmerston St
$700,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
100 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
Asking
$700,000
Asking · $7,000/m² of land
No recorded sale for this property.
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Perth
-48.1%
Median sale
Suburb $1,350,000
+2.39 pp
Gross yield
Suburb 2.58%
Suburb median $1,350,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,190 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Perth's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 100 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 $669/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.
Gross yield if leased at the suburb aggregate is 5.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 100 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
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by IQI WA113/99 PALMERSTON STREET, PERTH
Positioned within the award-winning Bottleyard Apartments, this stylish two-bedroom, two-bathroom apartment offers contemporary, low-maintenance living in a highly convenient city-fringe location.
Designed to maximise natural light and indoor-outdoor living, the spacious open-plan living and dining area connects seamlessly to a generous main balcony facing Robertson Park. With its pleasant park outlook, it's an inviting space to relax, entertain or simply unwind and enjoy the surroundings.
The modern kitchen features ample cabinetry, quality appliances and a dishwasher, while the thoughtful floor plan provides excellent separation between the two bedrooms. The master bedroom features a walk-in robe, private ensuite and direct access to the main balcony, while Bedroom 2 includes a built-in robe and access to its own second balcony.
For year-round comfort, air conditioning is provided to both the living area and master bedroom.
Adding further convenience is a secure covered car bay, together with a private storeroom located directly opposite the apartment, making everyday storage particularly easy and accessible.
Residents can also enjoy the Bottleyard's rooftop terrace with city views, communal BBQ facilities and herb garden.
Enjoy an enviable city-fringe lifestyle with Robertson Park directly opposite and the beautiful Hyde Park nearby, while Perth CBD, Northbridge and an excellent selection of cafés, restaurants and everyday amenities are all within easy reach.
Whether you're looking for a stylish inner-city home or a well-located investment, this apartment offers an appealing combination of space, convenience and lifestyle.
Property Highlights
- Two spacious bedrooms and two bathrooms
- One secure covered car bay
- Main balcony facing Robertson Park
- Generous main balcony plus a second balcony
- Light-filled open-plan living and dining
- Master bedroom with walk-in robe and ensuite
- Direct balcony access from the master bedroom
- Built-in robe to Bedroom 2
- Modern kitchen with dishwasher and quality appliances
- Air conditioning to living area and master bedroom
- Private storeroom located directly opposite the apartment
- Rooftop terrace with city views
- Communal BBQ facilities and herb garden
- Secure apartment complex
- Robertson Park directly opposite and Hyde Park nearby
- Convenient access to Perth CBD, Northbridge and surrounding lifestyle amenities
The property is currently tenanted at $700 per week, with the fixed-term lease expiring on 18 September 2026.
Rates & Outgoings (Approx.)
- Council Rates: $2,239 p.a.
- Water Rates: $1,327 p.a.
- Strata Admin Levy: $1,165 p.q.
- Strata Reserve Levy: $305 p.q.
Contact Derek Tse for further information or to arrange a viewing.
Disclaimer: The information provided is for general guidance only and does not constitute a contractual agreement. While every effort has been made to ensure accuracy, no warranty is given as to the completeness or correctness of the information. Interested parties should conduct their own independent inquiries. No liability is accepted for any loss arising from reliance on this information.
Listing description written by Derek Tse, IQI WA — reproduced as published, not verified by Districts.