Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Belvidere St
3
Bedrooms
1
Bathrooms
4
Car spaces
792 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,292/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
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 792 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 $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.
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 792 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Laurie Kelly Real EstateSituated by the Belvidere Street Shopping Precinct, on a prominent 792sqm - R20/40 Development block, this 1950's property presents an expansive floor plan and holds immense potential for a variety of development projects.
In this sought-after location, combined with the Thriving Suburb Program - City of Belmont to revitalise Belvidere Street shopping, this is an ideal prospect for anyone looking to bank the land, generate immediate rental income or/and capitalise on the demand of new residential-quality housing near to a dynamic area set to create a vibrant community and benefit local spaces as well as, boost the local economies.
With many possibilities, you could:
- Design and build a group of Apartments-Units perfectly positioned to attract residents seeking a modern lifestyle and convenient access to an array of amenities within this precinct (Subject to Council approval and WAPC)
- Explore and Develop a group of boutique residences to cater to families' and individuals' desires to get in this desirable area (Subject to Council approval and WAPC)
- Split the block, front and rear configuration. Customise and build your ultimate dream home and keep an investment property (Subject to Council approval and WAPC)
Property Features:
- Classic 1950's built - Family Home Cottage with extended living space.
- Formal Lounge with classic Jarrah boards, flooring and Air-conditioning
- 3 Private bedroom + optional room for a 4th. All of them with window treatments.
- Activity room which opens onto the alfresco-entertaining area.
- Separate Kitchen & Dining area with a lot of storage.
- XL Workshop at the rear of the property.
- Plenty of room for parking. Accommodate 4+ cars, caravan and trailers.
- Superb Location -
Exceptional location that delivers and offers convenience and connectivity with all the Streetscape Revitalisation Project, concept design and application for a new supermarket with associated shop, medical centre, and food and beverage offerings on the corner of Somers Street, Keymer Street, and Belvidere Street; these are all perfect for everyday living.
Families enjoy the proximity to the Belmay Primary Schools, Child Care, Catholic Church, DFO, Airports, River and Perth City Highlights. This is a location where new builds thrive. Check it out!
Don't miss this incredible opportunity to secure a significant landholding in a highly desirable location. Here it is, your Golden Ticket into this precinct.
Council rates per year approx. $1,494.06.
Water rates per year approx. $1,049.52
To learn more about this property, schedule a viewing or secure it today, please contact:
Franklin Martinez
0432 448 526
E: Franklin@lauriekelly.com.au
Disclaimer: Development potential is subject to relevant approvals and regulations. Buyers are encouraged to conduct their own due diligence.
Listing description written by Franklin Martinez, Laurie Kelly Real Estate — reproduced as published, not verified by Districts.