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WA › St James › Salisbury St

2 Salisbury St, St James WA 6102

House

$705,000

Last sold

15 May 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

582 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $705,000 (15 May 2024).(Recorded sale)
  • FactLand 582 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in St James (last 5 years) with land size: median $1,854/m² of land (n=75). 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

$705,000

15 May 2024 · derived via latest_sale

Local land rate: recorded House sales in St James (last 5 years) with land size have a median of $1,854/m² of land (n=75). Districts calculation from recorded sales — not a valuation.

St James at a glance

5,661

People

$1,035,000

Median sale

$621/wk

Median rent

3.12%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full St James report →

Vs St James

-31.9%

Median sale

Suburb $1,035,000

+1.46 pp

Gross yield

Suburb 3.12%

Suburb median $1,035,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$705,00015 May 2024
  2. Listedprice unknowncompleted5 Apr 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 582 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 $621/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 582 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

St James in one glance

St James at a glance

5,661

People

$1,035,000

Median sale

$621/wk

Median rent

3.12%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full St James report →

Keep researching

  • Why St James? Read the area thesis →
  • What else is on the market in St James →
  • Other records on Salisbury St →

Listing material

Listed by Porter Matthews Metro

SOLD - R60 Zoned Character Delight - Prime Development Block

All offers to be made via - https://anz.openn.com/app/p/ceqh3fcuuh104s13pa5g

Final offers by 11th April 2024 - 7.00pm

Nestled towards the cul-de-sac end of the street and behind a gorgeous white picket fence and gates, this heart-warming 3 bedroom 1 bathroom character home will pleasantly surprise you with just how charming it actually is. Priced to sell, this may be the best buy around.

Read the full description

- R60 Zoning

- Prime Location

- Easy Access to Curtin University

- Victoria Park Cafe strip within minutes

- Development Potential

- Current rent $565pw - long term tenant

- Lease expiry 27/03/2025

A splendid entry verandah overlooks the lush front yard and its garden beds, whilst solid wooden floorboards help preserve the residence's classic original feel. The master bedroom is huge and has full-height mirrored built-in wardrobes, whilst a spacious second bedroom also has built-in robes. The third bedroom makes for a perfect study or nursery, too.

In terms of living space, a generous front lounge room is kept comfortable all year round by a gas bayonet and a split-system air-conditioner. It is large enough to even leave space for a play area down the side, for the kids.

Through a sliding door, you will discover the open-plan kitchen and dining area where ample built-in storage and tiled splashbacks meet double sinks, electric range-hood, hotplate and oven appliances, a sleek white dishwasher and a feature skylight. Double doors off here extend entertaining out to a terrific alfresco setting at the rear, overlooking an outstanding dome patio and deck - as well as a massive "blank canvas" of a backyard down below. A future swimming pool, workshop or granny-flat - you decide.

The likes of lush parks, the local IGA X-press supermarket, medical facilities, restaurants and bus stops are all only walking distance away, whilst the property is also situated in close proximity to several schools, Curtin University, Waterford Plaza Shopping Centre and the heart of the vibrant Victoria Park food and coffee strip.

Convenient? Yes. An opportunity you don't want to miss out on? You bet!

Other features include, but are not limited to:

· Solid brick-and-tile construction

· Practical bathroom with a separate bath and shower

· Double-door laundry storage cupboard

· Separate toilet, off the laundry

· Outdoor access from the laundry

· Ducted-evaporative air-conditioning

· Feature skiring

· Security doors and screens

· Established gardens

· Corner garden shed in the backyard

· Gated driveway access - secure parking for at least two cars in tandem

· Block size - 582sqm (approx.)

· Built in 1968 (approx.)

Distances to (approx.):

· Oats Street Train Station - 1.4km

· Curtin University - 2.6km

· Waterford Plaza Shopping Centre - 3.9km

· Perth CBD - 8.5km

· Perth Airport (T1 & T2) - 10.7km

Water rates: $977.05 p/a (approx.) - Total for 2022 - 2023 financial year

Council rates: $1988.03 p/a (approx.)

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.

Listing description written by Hasi Kodagoda, Porter Matthews Metro — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.