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
$2,035,000
Last sold
23 June 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
884 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
Last sold
$2,035,000
23 June 2025 · 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
-3.9%
Median sale
Suburb $2,117,500
+0.08 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 884 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 884 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 Caporn Young Estate Agents FremantleThis is a once-in-a-generation opportunity to secure a unique and versatile property, set on a generous 884sqm block in one of Mount Pleasant's most tightly held pockets. Whether you are seeking a spacious family home, a multi-generational living arrangement, or a strategic investment, this property delivers a wealth of options.
Originally designed in the early 1960s by the original owners and once featured in local newspapers for its innovative, elevated design, the home still retains its forward-thinking charm. Today, it offers not just one, but three distinct self-contained living zones - each with a private entrance. Perfect for extended families, investors seeking multiple rental incomes, or those working from home who need privacy and separation.
The main residence includes three bedrooms plus a study or optional fourth bedroom, with light-filled open-plan living areas that flow beautifully to the outdoors. A ground-floor studio and a fully self-contained top-floor unit, each with their own bathroom and kitchen facilities expand the functionality of the home, offering flexible, independent accommodation for guests, relatives, or tenants. Internal connection doors also allow for seamless integration between the zones when needed.
Surrounded by established bore-reticulated gardens, the home is a peaceful retreat with stunning garden views. An iconic approx. 60-year-old tree graces the front yard, adding character and privacy, while the elevated position offers potential for city and treetop views.
With a 22.1m frontage and R20 zoning, the block itself holds incredible potential for future redevelopment (STCA). All of this within walking distance to the Swan River, Deep Water Point Reserve, vibrant local shops and cafes, and located within the coveted Applecross Senior High School catchment.
Brimming with potential, this is a rare one-of-a kind opportunity to secure a foothold in one of Perth's most desirable riverside suburbs. Definitely not one to miss out!
PROPERTY FEATURES
• Large 884sqm block (approx.) with 22.1m frontage
• Zoned R20 – renovate, rebuild, or redevelop (STCA)
• Elevated position with potential city and treetop views
• Three self-contained zones - each with private entry and internal connecting doors
- Main residence: 3 bedrooms, 1 bathroom, study/4th bedroom, open-plan living/dining
- Ground floor studio: Combined bedroom/living/kitchenette, separate bathroom/laundry
- Top floor unit: 1 bedroom, separate bathroom/laundry, kitchen/living, north-facing balcony with city views
• Double undercover carport with additional driveway parking
• Lush, private gardens offering multiple entertaining zones
• Expansive north-facing alfresco area ideal for gatherings
• Bore reticulation and two garden sheds
• Reverse cycle air-conditioning units
• Applecross Senior High; Mt Pleasant or Brentwood Primary School catchment
Council Rates; Approx $2,481 per annum
Water Rates: Approx $1,438 per annum
Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Listing description written by Steven Currie, Caporn Young Estate Agents Fremantle — reproduced as published, not verified by Districts.