Mount Pleasant at a glance
8,199
People
$2,135,000
Median sale
$783/wk
Median rent
1.91%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Pleasant › Park Rd
$2,550,000
Last sold
21 Jan 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,074 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$2,550,000
21 Jan 2026 · 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
$2,135,000
Median sale
$783/wk
Median rent
1.91%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
+19.4%
Median sale
Suburb $2,135,000
-0.31 pp
Gross yield
Suburb 1.91%
Suburb median $2,135,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
MELVILLE
Zone
Residential
1
Jurisdiction
Melville
Melville, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 1,074 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.
Flood overlay has not been queried for this lot. 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.
2 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 1,074 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?
KnownmediumOfficial parcel about 1,077 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
$2,135,000
Median sale
$783/wk
Median rent
1.91%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Colleen Gandini ResidentialPositioned just 150 metres from Deep Water Point, this substantial 1074sqm Green Title property presents a truly rare opportunity to secure a large landholding in one of Mount Pleasant's most tightly held and sought-after riverside pockets.
The existing single level, 4 bedroom, 2 bathroom home is exceptionally well maintained and offers generous proportions throughout, with a luxuriously large primary bedroom, 2 expansive living areas, a wide formal entry, and a highly functional floor plan that caters comfortably to families. The home is immediately liveable, providing a solid foundation for those wishing to move in now while planning future updates.
For buyers with vision, this property offers outstanding renovation potential. The size and layout of the home allow for a range of possibilities - whether undertaking a sympathetic modern renovation, extending to create a bespoke family residence, or exploring future redevelopment options. The expansive block also offers subdivision potential (subject to WAPC approval), further enhancing its long term value and appeal.
The location is exceptional. Enjoy morning walks along the river, various water sports from Deep Water Point, and the relaxed riverside lifestyle that Mount Pleasant is renowned for. This prestigious address is also close to quality schools, parklands, local cafés, shopping precincts, and transport links, all while retaining a quiet, residential feel.
Features include:
1074sqm Green Title block with subdivision potential (STA)
4 spacious bedrooms, all with wardrobes
2 bathrooms
Appealing single level home
Large, functional floor plan with multiple living areas
Formal lounge and dining with a wood burning fireplace
Updated kitchen with stone bench tops, double oven and Bosch dishwasher
Ducted Daiken reverse cycle zoned air-conditioning
Solar hot water system with electric booster
Excellent storage throughout
Near new carpet and engineered flooring to the 2 living areas
Reticulated lawns and gardens
Double carport with plenty of room for additional off street parking
Opportunities of this scale, location, and flexibility are increasingly rare. Whether you are seeking a family home to renovate, a long-term investment, or a premium landholding with future upside, this is a property that truly delivers on space, lifestyle, and potential.
Contact Colleen Gandini today on 0421 842 954 for more information!
Listing description written by Colleen Gandini, Colleen Gandini Residential — reproduced as published, not verified by Districts.