Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Pleasant › Wren St
For sale
For sale
2
Bedrooms
1
Bathrooms
1
Car spaces
1,014 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
No recorded sale price for this property yet.
Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
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 1,014 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 $783/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.
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 1,014 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
Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Salt Property GroupPositioned within one of Mount Pleasant's most desirable and tightly held pockets, this appealing property delivers a rare combination of immediate comfort, strong investment fundamentals, and exciting development potential.
The property's broad appeal and location underpin solid rental demand, making it an ideal candidate to lease out immediately while land banking in a high-growth area. This flexibility allows you to generate income now while designing and budgeting for a future upgrade, maximising both short-term returns and long-term capital growth.
Set on a generous block, the true potential of 15 Wren Street lies in its ability to evolve. Whether your vision is a contemporary renovation, a thoughtfully designed extension, or a multi-storey development, the foundations are here to create something special.
The location further elevates the opportunity. Surrounded by quality homes and within close proximity to local amenities, riverside precincts, parks, and reputable schools, this address supports both comfortable day-to-day living and strong future desirability. It's a setting that not only enhances your lifestyle now but also protects and grows your investment over time.
This is a property that speaks to a wide range of buyers, from those wanting to move in, rent out or those eager to add value to an outstanding investment in a blue-chip suburb. The ability to live in, rent out, or renovate at your own pace is what makes this opportunity so compelling.
Properties offering this level of flexibility, land size, and long-term upside in Mount Pleasant are increasingly hard to secure. Whether you're looking to establish your home, expand your investment portfolio, or bring a renovation vision to life, 15 Wren Street is a smart and strategic choice with a future full of potential.
Secure your place in this sought-after riverside community and unlock the possibilities that await. For more information, please reach out to the sales agents at Salt Property Group.
Listing description written by Dane McKnight, Salt Property Group — reproduced as published, not verified by Districts.