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WA › Southern River › Azima St

14 Azima St, Southern River WA 6110

For saleHouse for Sale

$1,299,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

477 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,299,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,299,000(Listing record · 8 June 2026)
  • FactLand 477 m²; no building size recorded.(Property record)
  • CalculationAsk is 22% above the Southern River median recorded sale ($1,061,000, n=83, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Southern River's advertised median rent ($790/wk), implied gross yield would be 3.16% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,299,000

Asking · $2,723/m² of land

No recorded sale for this property.

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Vs Southern River

+22.4%

Median sale

Suburb $1,061,000

-0.71 pp

Gross yield

Suburb 3.87%

Suburb median $1,061,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,299,000
Stamp Duty (Western Australia)
$58,014
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,360,939

$61,939 on top of the price (4.8% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Southern River's advertised median rent — not a rent for this listing.

Net yield
1.66%
Annual cashflow (pre-tax)
$-45,953
Interest cover (DSCR)
0.32
Annual rent
$41,080
Operating expenses
$19,485
Loan amount
$1,039,200
Annual interest
$67,548
Gross yield
3.16%

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.

Open the full yield calculator →

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. Listed$1,299,000available8 June 2026

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 477 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 $790/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

Gross yield if leased at the suburb aggregate is 3.2%. 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

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 477 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

Southern River in one glance

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Keep researching

  • Why Southern River? Read the area thesis →
  • What else is on the market in Southern River →
  • Other records on Azima St →

Listing material

Listed by Attree Real Estate

SPACIOUS FAMILY LIVING! GAMES + ACTIVITY + THEATRE + STUDY

This is the complete package! Positioned on a large 477 sqm block, this flexible family home offers 4 bedrooms, 2 bathrooms, a study, a flexible home theatre/5th bedroom, and a versatile games room that can double as a theatre, plus a large entertainers' alfresco.

Save having to fight with traffic and the chaos of school drop-offs, Southern Grove Primary School is straight across the road, a 70m walk. Lane Garden Park and Playground is just down the road, a grassed open space where the kids can go run around and burn some of that excess energy.

Southern River Square is located just 1.1km away and offers major supermarkets, cafes, dining and medical facilities.

Read the full description

INSIDE

• You'll love the spacious living areas, high ceilings creating an expansive light-filled space which opens out to the alfresco area, creating a seamless space between the inside and out.

• The chef of the home will fall in love with the kitchen, offering sparkling stone benchtops with plenty of workspace, a built-in pantry and finished with quality appliances, including a 900mm oven and a gas stove.

• The additional scullery and walk-in pantry are perfect for all the behind-the-scenes prep, keeping the kitchen the kitchen clutter free when entertaining family and friends.

• Flowing from the main living area, this adaptable space can be used as a games room or theatre, ideal for entertaining and family activities.

• Spacious master bedroom with a large walk-in robe as well as a sparkling ensuite.

• The secondary bedrooms are all a generous size and offer built-in robes. These bedrooms are positioned around a central activity area where the kids can have their own space away from the main living spaces.

• The theatre room can be closed off from the rest of the home and easily converted into a 5th bedroom, providing a versatile space to suit your family's needs.

• A separate home office/study allows you to get some work done without all the distractions of a busy home.

• The laundry includes a spacious walk-in linen cupboard, offering plenty of organised storage for household essentials.

• Ducted reverse cycle air conditioning makes for comfortable living all year round.

OUTSIDE

• For those who love to entertain, the alfresco area is ideal for firing up the BBQ and celebrating special occasions with family and friends, or simply relaxing while the kids play in the backyard.

• The garage is exceptionally spacious, extended in length and width with a high ceiling, offering generous room for vehicles, storage, and more.

• Solar panels to help reduce electricity bills.

SO MUCH, SO CLOSE

70m – Southern Grove Primary School

400m – Lane Gardens Park

800m - Nearest Bus Stop

1.1km - Southern River Square

2.6km – The Vale Shopping Centre

3.3km – Southern River College

*Distances are approximate, sourced from Google Maps.

PROPERTY DETAILS

Land Size: 477m2

Build Year: 2019

Built Area (Living): 229m2

Built Area (Total): 287m2

Builder: Redink Homes

Floor Plan: Available

Council Rates: $2,552 Annually (Approx)

Water Rates: $1,447 Annually (Approx)

NBN: Available

INVESTORS

Rental Appraisal: $880 p/w

Vacant possession available at settlement

BOOK AN INSPECTION

Contact Gareth May on 0430 400 664 or gmay@attreerealestate.com.au to arrange a private inspection.

DISCLAIMER: This document has been prepared for advertising and marketing purposes only. Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Listing description written by Gareth May, Attree Real Estate — 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.