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 › Reynolds Rd
$1,600,000
Last sold
8 Nov 2024
4
Bedrooms
1
Bathrooms
5
Car spaces
868 m²
Land
97 m²
Building
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
Last sold
$1,600,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $3,849/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
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.
Vs Mount Pleasant
-24.4%
Median sale
Suburb $2,117,500
+0.62 pp
Gross yield
Suburb 1.92%
Suburb median $2,117,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 868 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 868 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 Turner Estate AgentsOpportunity isn't just knocking with this property, it's banging the door down!
Let's run through the many options you'll have as the new owner of a four-bedroom, one-bathroom home on an 868sqm block in the heart of fabulous Mount Pleasant.
Your first option is to demolish the old home and build your dream home on the large block, in walking distance of the foreshore and Deep Water Point Reserve. Imagine taking the dog for a walk along the river or heading out for a morning jog.
You can grab a morning coffee from Coco Belle Espresso Bar as you walk the kids to Mount Pleasant Primary School, or pick up a snack on the way back. It's a short drive to the Canning Bridge Precinct, Applecross Village and Riseley Centre for shopping and wining and dining. And, being Mount Pleasant, there are plenty of beautiful parks nearby for you to enjoy.
Adding to the benefits of the location, you'll have easy access to public transport with a bus stop almost on the doorstep and the train station at Canning Bridge.
Oh yes, a very pleasant life is waiting for you.
Your other options revolve around a home for yourself and development - the block already has subdivision approval, so this opens up a range of opportunities.
1. Retain the house, rent it out, and build on the rear 406sqm block. Then sell the new home or rent it out too.
2. Retain the house, live in it, and build on the rear block. Sell the new home, rent it out, or let family live there.
3. Knock the house down and build on both the 462sqm front block and rear block. Keep one home for yourself and sell or rent the other, or sell both.
4. Finally, build yourself a home on the front block, and retain the rear for development or sale later.
You're absolutely spoilt for choice with this property. And you don't have to make the decision now. Rent the home out and earn some income while you make plans for your future.
Inside
Lounge room
Kitchen/dining area
Four bedrooms
One bathroom
Outside
888sqm subdividable block
Front porch
Rear Patio
Carport
Garage
Garden shed
Solar panels
Estimated current: Rates $1662.34 Water $663.90 p/a
Option 1: House and Front Block $1,200,000
Option 2: Back Block $800,000
Option 3: House and both block $2,000,000
*Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information presented. Turner Estate Agents provides this information without any express or implied warranty as to its accuracy. Any reliance placed upon it is at the client's own risk. Turner Estate Agents accepts no responsibility for the results of any actions taken or reliance placed upon this document.*
Listing description written by Kim Turner, Turner Estate Agents — reproduced as published, not verified by Districts.