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WA › Salter Point › River Way

170 River Way, Salter Point WA 6152

House

4

Bedrooms

3

Bathrooms

6

Car spaces

967 m²

Land

374 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationRecorded House sales in Salter Point (last 5 years) with land size: median $2,599/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Salter Point (last 5 years) with land size have a median of $2,599/m² of land (n=49). Districts calculation from recorded sales — not a valuation.

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

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. Soldprice unknown12 Feb 2024
  2. Listedprice unknowncompleted10 Jan 2024
  3. Listedprice unknowncompleted10 Jan 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. Listed land size is 967 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 $682/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. Listed land size is 967 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

Salter Point in one glance

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

Keep researching

  • Why Salter Point? Read the area thesis →
  • What else is on the market in Salter Point →
  • Other records on River Way →

Listing material

Listed by MGP Property

Riverside paradise...

For Sale via an End Date Sale Campaign - All offers must be submitted by 5pm Monday the 12th Feb 2024.

All offers will be considered. (Seller reserves the right to sell prior)

As you approach this unassuming facade, you might never guess the expansive home that lies within boasting sweeping river views from almost every vantage point and set on a sprawling 937sqm.

Read the full description

Once you walk through the large double-door entry you are immediately drawn to the main lounge where you are greeted by stunning river views. These amazing views extend through to the kitchen and meals area, and the master bedroom, but the best views are enjoyed from the expansive entertainer's balcony.

An extension of the home's main living areas, the balcony enjoys direct access from each of the lounge rooms, meals and master bedrooms. With cleverly placed cafe blinds, a ceiling fan, and a portable wood-fired oven, you have found an entertainers' paradise with an incredible outlook and is sure to be the setting of your fondest memories.

Moving through the upper floor, you will find the substantial master suite with WIR and ensuite bathroom, two further large bedrooms and the main bathroom.

On the lower level, you will find a sizable laundry and utility room that leads to an incredibly versatile space with its own private access which could be utilised for any number of purposes. A teens retreat, 4th bedroom, second lounge room, or home office, or use it to your financial advantage by renting it out, or as an Airbnb, the options are endless.

All of this is surrounded by extensively landscaped gardens boasting established tropical plants and a Bali-style gazebo to relax in, and you will even find a fishpond and your own banana tree!

Just moments from rolling parklands along one of our most peaceful and protected stretches of river and with unrivalled river views, this unique home offers flexibility and a selection of rare lifestyle opportunities. It's a paradise in an unbeatable location that you can make your own today.

For more information, please contact James via the email option for a prompt response. Plans are also available upon request.

Property Features:

- Large 967sqm landholding

- Unrivalled river views

- Views from balcony, master, lounge, meals and kitchen

- Expansive Paulownia-lined balcony

- Portable Wood-Fire oven

- Cafe blinds to balcony

- Balcony ceiling fan

- Kitchen/meals with granite finishes and pendant lighting

- New appliances

- Expansive master suite

- Multiple living areas

- Large laundry/utility room with 3rd shower

- Versatile lower-level 4th bed/games/office/lounge

- Split system air conditioning

- High ceilings

- Timber window frames

- Gas fireplace

- Extensively landscaped gardens

- Gazebo

- Double garage

- 4 car carport

- Ample visitor parking

- Stroll to the river and parklands

- Aquinas College moments away

- Manning Primary School 1km away

- St Pius X Catholic Primary School 1km away

- Welwyn Avenue Shopping Centre less than 1km away

- Nova Medical Centre less than 1km away

- Waterford Plaza less than 2km away

- Curtin University 2km away

- Zoned R20 with Development potential

Listing description written by James Priestly, MGP Property — 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.