Mount Lawley at a glance
13,038
People
$1,885,500
Median sale
$646/wk
Median rent
1.78%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Lawley › Walcott St
$1,905,000
Last sold
17 June 2024
4
Bedrooms
2
Bathrooms
8
Car spaces
1,000 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
$1,905,000
17 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Lawley (last 5 years) with land size have a median of $4,243/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Mount Lawley at a glance
13,038
People
$1,885,500
Median sale
$646/wk
Median rent
1.78%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Lawley
+1.0%
Median sale
Suburb $1,885,500
-0.02 pp
Gross yield
Suburb 1.78%
Suburb median $1,885,500 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 30 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 30 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 1,000 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 $646/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.
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 1,000 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 1,002 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
Mount Lawley at a glance
13,038
People
$1,885,500
Median sale
$646/wk
Median rent
1.78%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mark HayWith R60 Zoning, this is a rare opportunity to cash in on the huge development potential of this well-located land holding within the prestigious Mt Lawley precinct (STCA)
With the minimum lot size allowed of 120sqm and the average lot size of 150sqm, astute developers will consider this as the perfect site to develop 3 or 4 designer townhouses with a 3-storey height allowance, (STCA), or seek council approval to potentially develop a 6-lot multiple dwelling, each designed over 3 levels with double garage, 3 bedrooms, 3 bathrooms study nook, separate studio and communal roof deck facilities all taking advantage of terrific city views. Concept plans available.
The current residence is an early 1900's brick and tile home on with a versatile floor plan offering 3 bedrooms, 2 bathrooms, kitchen/dining, formal lounge, family room or 4th bedroom, laundry, rear study nook and separate office with access from the front verandah.
The home sits on flat terrain and has dual driveway access from each side of the home with a rear double garage and 2 large adjoining rooms that could be utilized as either a studio or games room or workshop.
The home is sold in an “as-is” condition and sits on a 1000sqm block with a frontage of 20.1m and depth of 49.7m, giving you options galore!
Option 1 - Let your creative juices flow and transform this abode into the large family home with city views on the huge block that you have always wanted.
Option 2 - Retain the existing home and subdivide the rear with wide access down the side.
Option 3 - Demolish and build a stylish set of 2 or 3 level new homes, with multiple different configurations to choose from.
For those that are looking forward to a "renovation" project, the home has appealing period features that could spring to life with a makeover to highlight the character and create a fusion of old and new, framed by a spacious front garden and enough room at the rear to create the grandest of living styles and entertaining areas.
If you retain the existing home, the rear land is your blank canvas to either divide and create a further one or two homes, or finally get to have the space to build a massive multi car garage, work-shed, pool surrounded by decking and Cabana, vegetable gardens, lawns for the kids and dogs to run around plus a granny flat for the parents, and all the time enjoying the terrific city views from a second level.
The location is ideal, situated in the midst of both the Mt Lawley and North Perth café strips and only 2.6km from the Perth CBD. Both the Inglewood café and shopping strip as well as the Morley Galleria are easily accessible by car, as are a variety of recreational clubs and parks Such as Mt Lawley Golf Club and Beatty Park Aquatic Centre and Edith Cowan University.
In the intake zone for the popular Mt Lawley Senior High School with sought-after private schools nearby including Perth College and Trinity College.
KEY FEATURES:
-City Views from a well-designed complex,
-1000sqm total land – Width 20.1m – Length 49.7M
-Zoned R60 – Potential for 4 to 6 lot site (Subject to Council and WA Planning Commission approval)
-Flat Terrain
-Existing early 1900's home – high ceilings, jarrah floor boards, 3/4 bedrooms, 2 bathrooms and two car garage, kitchen, dining, family, study
-2.6km to City
-Close to multiple Shopping and Café Precincts, sporting clubs, quality schools, Edith Cowan University and close to bus and train transport
-Sold “As – Is”
-Located in City of Vincent
Listing description written by Daniel Porcaro, Mark Hay — reproduced as published, not verified by Districts.