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WA › Salter Point › River Way

12 River Way, Salter Point WA 6152

House

4

Bedrooms

2

Bathrooms

3

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 607 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Salter Point (last 5 years) with land size: median $2,599/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Local road (796) under the SOUTH PERTH.(Landgate SLIP · 31 Aug 2026)

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?

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Salter Point (last 5 years) with land size have a median of $2,599/m² of land (n=49). Districts calculation from recorded sales — not a valuation.

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

Planning

Planning and development

Planning scheme

SOUTH PERTH

Zone

Local road

796

Jurisdiction

South Perth

South Perth, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 449899

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 detected — official

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.

Heritage

Not detected — official

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

Property history

  1. Soldprice unknown11 Mar 2024
  2. Listedprice unknowncompleted1 Mar 2024
  3. Listedprice unknowncompleted1 Mar 2024

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 607 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

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $682/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.

2 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 607 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?

    Knownmedium

    Official parcel about 609 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Salter Point in one glance

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

Keep researching

  • Why Salter Point? Read the area thesis →
  • What else is on the market in Salter Point →
  • Other records on River Way →

Listing material

Listed by Banovich & Hillman

ABSOLUTE RIVER FRONTAGE RETREAT

This incredible home is one of just a handful of properties in the suburb that offer an absolute river frontage with no road between the home and the river front! Arguably the highest point with absolute river frontage and perched the closest to the water's edge, these spectacular views need to be seen to be fully appreciated. The aspect features sprawling 180 degree views of the Canning River which are enjoyed from the privacy of the rear of the home. Imagine entertaining on the terrace with an uninterrupted and elevated view that can never be built out. This tranquil position is the ultimate retreat for those seeking a breathtaking property with a stunning home and an architectural and engineering feat.

Watch the Osprey catch their feed, see the sailing boats cruise past and the dolphins pass by. Access the river with the stairs to the boardwalk below which are just one house away, adjoining the parklands and scenic outlook. Stroll to cafes, shops, renowned Aquinas College and direct access to both freeway north and south without any traffic lights.

This green title, luxurious home utilises a cleverly designed floorplan to ensure the views are maximised from both levels and it has the ability for a master bedroom suite plus additional bedroom on each level.

Read the full description

The open plan living area is a spectacle of the home, with a spacious lounge and dining area with blackbutt timber flooring and floor to ceiling windows providing views across the water. The kitchen is finished to the highest of standards with granite benchtops, 5 burner cooktop, Ilve oven and huge walk in pantry plus ample cabinetry for storage plus understairs wine cellar.

Upstairs, features a second lounge with a kitchenette, also with expansive views. The master suite definitely has wow factor with the clever design of the side windows to ensure a wide river panorama and a headboard forming part of the walk-in-robe which ensures you can wake up facing the water view! The ensuite features double vanity, bath tub and separate shower.

The exterior living area is set to impress, with both levels supplying unbeatable views from the balconies. The outdoor entertainment area come with an undercover alfresco area and built in BBQ. The property itself extends the furthest into the river compared to the properties surrounding it, ensuring that your perfect position will not be compromised in years to come. The front garden is enclosed for privacy and features landscaped gardens, with plenty of space for children and pets to roam plus room for a pool if desired.

The lock up garage fits two cars side by side with an additional tandem car bay in the garage which is currently utilised as a large storage area, plus space for another vehicle to be parked securely.

Homes like this are very tightly held within this desirable enclave and a viewing will not disappoint. For further details please contact Renee Banovich on 0409 647 341.

Disclaimer:

Disclaimer: Whilst every care is taken in the preparation of this information, its accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Listing description written by Renee Banovich, Banovich & Hillman — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.