South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Mill Point Rd
$900,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
100 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$900,000
Asking · $9,000/m² of land
No recorded sale for this property.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs South Perth
-62.5%
Median sale
Suburb $2,400,000
+2.57 pp
Gross yield
Suburb 1.54%
Suburb median $2,400,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$41,391 on top of the price (4.6% extra)
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.
Pre-filled with South Perth's advertised median rent — not a rent for this listing.
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.
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 100 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 $712/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.
Gross yield if leased at the suburb aggregate is 4.1%. 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
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 100 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
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sardelic Real EstateEnjoy South Perth's most iconic outlook from your very own home! This spacious and fully renovated 2 bedroom, 1 bathroom apartment with north-facing balcony and aspect is ready for a new owner to love.
Featuring an open plan living, meals and kitchen with breakfast bar, this airy apartment has high vaulted ceilings making it feel spacious and light throughout.
The kitchen features stainless steel dishwasher, custom cabinetry, electric cooking. All appliances as shown can be negotiated as part of the sale.
Both bedrooms are queen size and feature built-in robes, Master with custom cabinetry and bedsides, with attic storage in Bed 2.
The bathroom services both bedrooms with an in-built spa bath and shower, integrated WC and wide vanity.
The complex is secure with an undercover car bay plus storeroom, as well as a direct gate accessing you the river foreshore and parkland- an absolute rarity in this location!
Apartment features include:
*2 bedrooms, 1 bathroom, 1 car bay (2nd car bay is available via strata)
*Stunning and panoramic views across Swan River, Perth CBD and East Perth/Burswood
*Open plan meals and living flowing out to balcony
*Reverse cycle air-conditioning
*European laundry plus attic storage
*Bathroom with spa/shower, integrated WC and spacious vanity
*Built-in robes plus excellent hallway/attic storage
*Single car bay plus storage room
*Secure complex with gated entry for pedestrian and vehicles
*Secured gate to riverside access
This gorgeous apartment is just a few minutes walk of South Perth's best amenities, including:
*Public transport at your door, ferry close by for easy access to CBD/ Elizabeth Quay
*South Perth Foreshore with its wide open parkland, piazza & free seasonal events
*Perth Zoological and Botanic Gardens across the road
*Mends Street shopping with The Good Grocer (24 hour supermarket), the Windsor Hotel, The Station, Bangla, The Italian Kitchen, Atomic, Thai Orchid, Miss Chows, Rambla, Mister Walkers, The Meat & Wine Co, Gelare, Gazman, DeCjuba, hairdressers, gift shop, medical, post office plus so much more!!
*Old Mill Theatre & South Perth Bowling Club
*Brand new retail precinct Mends St (ground floor Civic Heart) including Teddy Bear Cafe & Crave Corner
*South Perth Primary School catchment zone
*Easy access to Mitchell & Kwinana Freeways north and south
Outgoings
Council Rates: $2520.51 per annum (City of South Perth- 26/27 Financial Year)
Water Rates: $1,125.16 per annum- 26/27 Financial Year
Strata Levies: $847.00 per quarter (Admin Levy $682.00pq Reserve Levy $165pq)
Listing description written by Bianca Sardelic, Sardelic Real Estate — reproduced as published, not verified by Districts.