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WA › Bassendean › River St

15 River St, Bassendean WA 6054

House

$905,000

Last sold

31 Dec 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $905,000 (31 Dec 2024).(Recorded sale)

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

$905,000

31 Dec 2024 · derived via latest_sale

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.

See the full Bassendean report →

Vs Bassendean

-15.8%

Median sale

Suburb $1,075,000

+0.62 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.

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$905,00031 Dec 2024
  2. Listedprice unknowncompleted22 Oct 2024
  3. Listedprice unknowncompleted22 Oct 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. 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 $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.

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.

  • 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

Bassendean in one glance

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.

See the full Bassendean report →

Keep researching

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

Listing material

Listed by Ross Realty WA

LOCATION LOCATION LOCATION - DEVELOPERS DREAM

CONTACT AGENT

Proudly brought to market for the first time since being built, this original park side home has been in the same family since the 1960s.

Situated in one of the most sought-after pockets of Bassendean (It's called River

Read the full description

Street for a reason) and on a huge 794m2 block which is zoned R20/40 this property

is going to tick a lot of boxes. These full size blocks with all the original features of

yesteryear are getting harder to find in Bassendean.

Positioned within 100 metres of the Swan River, the Success Hill precinct of

Bassendean is truly the areas best kept secret. Only a short walk to the Success Hill Train Station, The Swan River and parkland views from the kitchen window!

If you have been searching for a home to extend or renovate on a full block this one

could be the one you have been looking for. Alternatively, if you have been waiting

for a development site to pop up in Bassendean which is walking distance to the

Swan River and backs on to Success Hill Reserve then here it is!

This is one of those wonderful family friendly neighbourhoods full of children and dog

walkers set amongst a backdrop of charming turn of the century vintage homes,

stylish modern homes, and picturesque park life. This original cottage is ready for its

new owner to take advantage of the multiple options.

Step back in time and walk down memory lane when you enter this solid built 1960's

home that has been kept in meticulous condition by the same family that built it. With plenty of space in the backyard for the kids to play and a park next door what more could you ask for?

OPTIONS GALORE

Option 1

Renovate this solid character home on a large 794m2 block and extend it to be a

beautiful family home with the Aussie dream of a full back yard for swimming pool,

chooks and some back yard cricket

Option 2

Renovate and retain the home, subdivide with a street front home and a rear block to

sell or build on facing the beautiful Success Hill Reserve.

Option 3

Demolish the home and potentially have two street front blocks approximately

397m2 each or two beautiful blocks both facing Success Hill Reserve.

Option 4

Demolish the home and build your dream home on a full block with plenty of space

for a swimming pool, large garage and perfect for boats/caravans/family

parking etc

Option 5

Put a bit of elbow grease into this old Bassendean Beauty and rent it out while land banking your future.

THIS PROPERTY IS BEING SOLD AS IS/ WHERE IS

Contact Paul Ross on 0428571050 for a price guide

Note: All property dimensions and measurements mentioned in advertising are for demonstration purposes only and are not to scale. All prospective buyers are advised to conduct their own due diligence regarding dimensions and measurements and potential of development and subdivision (Subject to Council and WAPC approvals and approvals of all relevant authorities).

Listing description written by Shane Ross, Ross Realty WA — 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.