East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
WA › East Victoria Park › Swansea St
For sale
For sale
3
Bedrooms
1
Bathrooms
4
Car spaces
759 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
Asking
No recorded sale price for this property yet.
East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 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 759 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 $651/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 759 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
East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Jones Property GroupCentury 21 Jones Property Group is proud to present 22 Swansea Street, East Victoria Park. It's not every day that a property and opportunity like this comes to market which is certain to be getting all owner / occupiers, investors and developers excited! Offered to the market for the first time since the late 60's this long-term owner / occupied home has been within the family for generations but is now time for a new story to be told and a new chapter to be written. The possibilities on offer here really are endless and with a little vision this property has untapped potential!
To take it from the top what's on offer to the market is a character home with loads of warmth and charm with the original portion of the home built in the 1920's and postioned on a very generous sized 759m2 approx. block. As a package itself that is already a great product, but where things get interesting here is the R30 zoning attached with the site and the rear laneway access making this a mouth-watering prospect as a straight up retain and build development now or in the future. For investors this is a hugely enticing prospect, with the existing home in excellent condition and solid as a rock. Meaning this would be an excellent opportunity to hold the property long term as an income producing rental whilst keeping one eye on the future and potentially sub-dividing and selling the back block off down the track. Developers, builders and creative types looking to unlock the potential straight away, this is also a golden opportunity too good to ignore with a back block waiting to be utilised. You can either build on or sell off the block at the rear which allows the front house to either be renovated and on-sold or retained as a rental property or owner / occupier residence, the choice is yours!
For owner / occupiers in general this could be the dream... a street front character home, minutes from the strip in great condition and able to be moved in and enjoyed as it stands now and a chance to grow with and turn this property into something special over time. There's plenty on offer here within the actual residence itself but also offers great parking options and a blank canvas at the back to truly transform it into a great family block. A rear double garage off the back lane way, swimming pool, huge shed, granny flat the options at hand here are endless and with a little vision this has got some serious scope for the future!
Potential aside, key features of the existing property include:
* Rendered brick wall to the front of the property with pedestrian and vehicle gate.
* Long driveway to existing garage that has the ability to park multiple vehicles in tandem currently for off-street parking.
* Tiled front porch to property.
* Verstaile floor plan with 2 generous sized bedrooms to the front of the home which could both act as a separate lounge room if desired in the future.
* Bedroom 3 is also a great size.
* Large main living room to the centre of the home with air-conditioning.
* Kitchen with gas cooking, oven, grill and air-conditioning. The kitchen area is easily big enough to accommodate a dining room table in this area and is a great space in general. There is loads of potential here for renovations down the track and would be a great central hub for integrating internal and external living potentially in the future.
* Utility room off of the kitchen. This room offers loads of versatility and would be ideal as a home office but could also be a smaller bedroom if needed or additional storage area.
* Updated bathroom with shower, vanity and bathtub.
* Laundry with WC and outdoor access.
* High ceilings throughout.
* Jarrah floors to most of home.
* Roller shutters to most windows of the home.
* Full bore reticulation to the property.
* NBN connected
* Outdoor kitchen with fireplace. This room has been the hub of some great pastimes for the family over the years and is an added extra to this property. Buyers are invited to use their imagination with how best to utilise this space whether renovating and upgrading or even potentially transitioning it to an outdoor activity room or possible removal for development. This is one of the unique offerings to this property for the buyer to decide.
* Undercover outdoor area between the outdoor kitchen and the garage. For those looking to maintain as an investment property this area is very serviceable and practical for aspiring tenants to utilise. For owner / occupiers and developers with an eye on taking the property to the next level there would scope here with the outdoor kitchen and this space to either upgrade or remove and put something more substantial to complement the existing home if desired.
* Existing garage with the possibility for secure parking if desired. There is additional space to the rear of the garage which was used as a wine cellar in days gone by which can be utilised in that way again or for your storage needs.
* Huge backyard to tap into with loads of potential for sub-division or transformation. There are also a few additional sheds for outdoor storage if required.
* Rear laneway to the back of property providing loads of options for not just development but owner /occupiers alike.
Although there's a lot of great attributes and exciting potential associated with the property, the location on offer here is supreme! You'll find yourself just minutes from the hustle and bustle of the famous Albany Highway café strip with all it's fantastic restaurants, cafes, great coffee and speciality stores all within easy reach. Public transport is also close by as well as schooling, the Perth CBD, Optus Stadium, Crown Entertainment Complex, the Swan River and so much more. If this sounds like the one for you, then this is a unique opportunity ready to be seized! All home opens for this property are as scheduled online or if you'd like to arrange a private viewing don't delay in calling Matthew Jones today on 0432 440 453.
Listing description written by Matthew Jones, Century 21 Jones Property Group — reproduced as published, not verified by Districts.
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