Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
WA › Bassendean › Watson St
$1,500,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
3,889 m²
Land
Districts View
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
$1,500,000
Asking · $386/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Bassendean (last 5 years) with land size have a median of $1,653/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Vs Bassendean
+39.5%
Median sale
Suburb $1,075,000
-0.94 pp
Gross yield
Suburb 3.31%
Suburb median $1,075,000 from 67 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$72,291 on top of the price (4.8% 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 Bassendean'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 3,889 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 $684/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 2.4%. 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 3,889 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
Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jones and Co PropertyThe Town of Bassendean have provided specific information regarding the lots: The zoning / reservations of the land under the Town of Bassendean Local Planning Scheme No. 11 are as follows:
The green hatched colour indicates land reserved for Public Open Space
The beige colour indicates land zoned 'Residential', with a density code of R20 or R25 (as depicted on the map)
Public Open Space Reservation
The Public Open Space reservation cannot be developed for residential purposes and would not contribute to the site area of a residential subdivision or development of adjoining residential lots.
Here are the details you will need to know
Generous land size offering endless building possibilities (STCA – Subject to Council Approval)
Comprising of 3 parcels of Land
House & Land: 12 Watson St 1013m2 - which has the original house - ideal for project or build your dream home - selling as land value only.
Land: 211 Carnegie St 1219m2
Land: 29 Hyland St 1657m2
Access to the rear parcels of land is only accessible via Watson St. All lots must be sold together.
Cleared opportunity with existing structure to be demolished or renovated
Ideal for flippers, investors, or developers or someone seeking a fresh start
Wide frontage and excellent orientation for future design potential
Positioned in an established neighbourhood with growth and lifestyle appeal
Backing on the Bindaring Parkland and Wetlands. You will hear and see some the most amazing bird life. Tree top views and an expansive playground to call your own.
An exciting chance to secure a prime parcel of land in a highly sought-after location. Currently hosting a dwelling that will be sold 'as-is', this property presents the perfect blank canvas to design and build the home you've always envisioned.
Enjoy the convenience of being close to local schools, shopping centres, cafés, public transport, and recreational spaces. A rare opportunity to create your dream home or investment in a well-connected, thriving community.
Whether you're looking to build your forever home or develop for investment, this is your chance to secure land in a location that keeps giving.
Contact us today to discuss the potential and secure this site before it's gone.
Listing description written by Kelly Jones, Jones and Co Property — reproduced as published, not verified by Districts.