North Perth at a glance
10,916
People
$1,780,000
Median sale
$748/wk
Median rent
2.19%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
WA › North Perth › Forrest St
3
Bedrooms
1
Bathrooms
0
Car spaces
1,012 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in North Perth (last 5 years) with land size have a median of $3,215/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
North Perth at a glance
10,916
People
$1,780,000
Median sale
$748/wk
Median rent
2.19%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
VINCENT
Zone
Residential
1
Jurisdiction
Vincent
Vincent, 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 1,012 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 $748/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1,012 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 1,016 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
North Perth at a glance
10,916
People
$1,780,000
Median sale
$748/wk
Median rent
2.19%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Central Paragon PropertyOffered for sale for the first time in over 60 years, this superbly located, circa 1900 home is a Grand Dame in waiting. You could choose a full renovation and extension to restore her back to her former glory days and have one of the finest residences in the inner city or capitalise on the sprawling 1012 sqm block with R40 zoning in the Norfolk precinct to create an outstanding development in this ever-flourishing locale. Teeming with exciting possibilities and investment savvy options, this residence offers an exceptional lifestyle and growth potential in cosmopolitan North Perth.
Currently it has the strong bones of a turn of the century Federation home with the splendour rich features associated with such, stunning lead lights, tuck point veranda, wide solid jarrah floorboards, decorative ceilings and striking fireplaces. Let your ideas abound as you consider your options…. choose to channel these timeless period accents into your new bespoke classic dream home or start a fresh with a brand new contemporary residence on this perfectly proportioned block, or do a semi renovation to the property, rent it out and benefit from a thriving rental market, or subdivide and decide if you want to sell or build on the back of this extensive parcel of land.
One thing is for sure, whatever your preference is, properties with these kinds of opportunities and options, in this location don't become available often. Be quick to secure yourself this sizeable, well positioned blue chip investment at the fringe of the CBD, it's just waiting for the right patron to unlock its full potential.
Properties of this nature on a quarter acre are now very rare, so if this is the type of property you are looking for, we suggest you take advantage of this opportunity!
SCHOOLS NEARBY
North Perth Primary School
Mount Lawley Senior High School
TITLE PARTICULARS
Lot 120 Plan 2355
Volume 1638 Folio 894
LAND AREA
1012sqm
ZONING
R40
OUTGOINGS
Water Rates: $1,315.32 PA
Council Rates: $1,930.56 PA
Listing description written by Theo Kouroulis, Central Paragon Property — reproduced as published, not verified by Districts.