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WA › East Fremantle › Preston Point Rd

124 Preston Point Rd, East Fremantle WA 6158

House

$5,000,000

Last sold

6 Feb 2025

4

Bedrooms

3

Bathrooms

2

Car spaces

718 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $5,000,000 (6 Feb 2025).(Recorded sale)
  • FactLand 718 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Fremantle (last 5 years) with land size: median $3,668/m² of land (n=79). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$5,000,000

6 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in East Fremantle (last 5 years) with land size have a median of $3,668/m² of land (n=79). Districts calculation from recorded sales — not a valuation.

East Fremantle at a glance

8,426

People

$2,210,000

Median sale

$862/wk

Median rent

2.03%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full East Fremantle report →

Vs East Fremantle

+126.2%

Median sale

Suburb $2,210,000

-1.13 pp

Gross yield

Suburb 2.03%

Suburb median $2,210,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$5,000,0006 Feb 2025
  2. Listedprice unknowncompleted17 Jan 2025
  3. Listedprice unknowncompleted17 Jan 2025

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 718 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

Official flood overlay has not been retrieved (pending). 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 $862/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.

1 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 718 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

East Fremantle in one glance

East Fremantle at a glance

8,426

People

$2,210,000

Median sale

$862/wk

Median rent

2.03%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full East Fremantle report →

Keep researching

  • Why East Fremantle? Read the area thesis →
  • What else is on the market in East Fremantle →
  • Other records on Preston Point Rd →

Listing material

Listed by Mint Real Estate East Fremantle

You're Invited to a Multi Award Winning Masterpiece

Upon viewing this phenomenal property, it is easy to see why this home was a winner of the Master Builders Association award for 'Top WA Home' and the builder, Brian Burke Homes, is by far WA's most awarded home builder. The quality and craftsmanship in this home is of the highest order throughout. Orientated due north to take in the beautiful northern light over the winter months, and perfectly positioned to enjoy the stunning view down the river and on to the city, it would be hard to find a better home.

Stepping through the pivoting timber entrance door, both the size of the home and the quality of the materials utilised are immediately impressive. Natural travertine tiles and solid oak floorboards are used throughout all the living areas, and the main living areas also showcase spectacular timber-lined ceilings and stunning feature lighting.

On the ground floor is a large lounge/living space that opens directly onto the garden and swimming pool area. Also on this level are three sizeable bedrooms, all with built-in-robes and one with an ensuite bathroom. The other two bedrooms share a large bathroom with double vanity.

Read the full description

The first floor of the home comprises the main living, kitchen and dining space, as well as the balcony and alfresco, which all enjoy amazing views down the Swan River to the city. The kitchen is super luxurious, with integrated Meile appliances - including a steam oven, conventional oven, combination oven, plate warmer and coffee machine. A climate-controlled wine cellar and gas fireplace add to the luxurious theme of this main living quarter. The balcony alfresco is fully catered for, and features a built-in rotisserie BBQ with rangehood, plus a sink.

Also on the first floor is the fabulous master bedroom, with its huge ensuite bathroom and fully-fitted walk-in-robe. To the south side of the main living area is the entertainment/theatre room, which comes complete with a built-in speaker system.

Finally, the substantial double garage features a dumbwaiter lift to transport shopping etc. up to the first-floor kitchen and, to the rear of the property, there is a secure hardstand area that is ideal for an extra car/trailer or boat storage.

Features:

• Master Builders Association 'Top WA Home' award winner

• City and river views

• Fully zoned aircon throughout

• 19.8kW solar panels with 15kW inverter (installed 2024)

• 13.5kW Tesla Powerwall 2

• Gas fireplace

• Solid oak and travertine flooring

• Heated flooring to master ensuite

• Home theatre room

• Built-in speakers throughout

• Filtered water to kitchen

• Dumbwaiter lift to kitchen from garage

• Climate controlled wine cellar

• Woodfire oven

• Built-in BBQ with rotisserie and extractor fan

• Built-in cabinetry and sink outside

• Mini bar fridge

• Downstairs kitchenette

• Laundry chute

• Ducted vacuum

• Abundance of storage and built-in cabinetry

• Boab tree

• Swimming pool

• Security cameras

• Alarm system

• Smart wiring system

• Extra secure parking side for boat/caravan

For more information please contact Toby Astill on 0410 855 803 or tobyastill@mintrealestate.com.au

Rates & Local Information

Water Rates: $2,769.19 (2023/24)

Town of East Fremantle Council Rates: $5,851.51 (2024/25)

Zoning: R17.5

Primary School Catchment: Richmond Primary School

Secondary School Catchment: John Curtin College of the Arts, Melville Senior High School and Fremantle College

PLEASE NOTE: While every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change. It is recommended that you conduct your own due diligence before making any decisions based on this information.

Listing description written by Toby Astill, Mint Real Estate East Fremantle — reproduced as published, not verified by Districts.

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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.