Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › West Perth › Mount St

23/35 Mount St, West Perth WA 6005

For saleApartment

$3,000,000

For sale

Asking

3

Bedrooms

3

Bathrooms

4

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,000,000(Listing record · 19 June 2026)
  • CalculationAsk is 219% above the West Perth median recorded sale ($939,000, n=11, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Perth's advertised median rent ($649/wk), implied gross yield would be 1.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$3,000,000

Asking

No recorded sale for this property.

West Perth at a glance

7,227

People

$939,000

Median sale

$649/wk

Median rent

3.59%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full West Perth report →

Vs West Perth

+219.5%

Median sale

Suburb $939,000

-2.47 pp

Gross yield

Suburb 3.59%

Suburb median $939,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$3,000,000
Stamp Duty (Western Australia)
$145,616
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,149,541

$149,541 on top of the price (5.0% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with West Perth's advertised median rent — not a rent for this listing.

Net yield
-0.38%
Annual cashflow (pre-tax)
$-167,252
Interest cover (DSCR)
-0.07
Annual rent
$33,748
Operating expenses
$45,000
Loan amount
$2,400,000
Annual interest
$156,000
Gross yield
1.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$3,000,000available19 June 2026

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. 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 $649/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

Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

  • 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

West Perth in one glance

West Perth at a glance

7,227

People

$939,000

Median sale

$649/wk

Median rent

3.59%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full West Perth report →

Keep researching

  • Why West Perth? Read the area thesis →
  • What else is on the market in West Perth →
  • Other records on Mount St →

Listing material

Listed by Mack Hall Real Estate in assoc. with Knight Frank Claremont

THE HALO PENTHOUSE - A RESIDENCE WITHOUT EQUAL

Occupying one of Perth's most tightly held positions on Mount Street, this extraordinary multi award winning residence by Baltinas Architects redefines what luxury apartment living can be. Spanning an immense 452sqm across two spectacular levels, it is a home of architectural significance crafted for those who demand scale, privacy, and uncompromising quality, without the burden of traditional home maintenance.

From the moment you arrive via secure lift access into your private lobby, the tone is set. This is a residence of rare stature.

Inside, soaring 3.5 metre ceilings and striking highlight windows create a dramatic sense of volume, while floods of natural light animate the expansive open plan living and dining zones. Framed by two enclosed winter gardens, the interiors blur seamlessly with the outdoors, capturing breathtaking uninterrupted views across the Perth skyline, the vast greenery of Kings Park, and the iconic tree lined elegance of Mount Street.

Read the full description

Every detail has been curated to an exceptional standard.

The kitchen is a statement in both function and craftsmanship, complete with a full suite of integrated Miele appliances, premium stone surfaces with waterfall edges, and bespoke cabinetry designed to deliver effortless everyday luxury.

Privately positioned, the master retreat enjoys a prized northern aspect, its own balcony connection, bespoke dual walk in robes, and a lavish marble ensuite with a separate full length bath. Two additional bedroom suites continue the same level of refinement, each with their own private bathrooms and generous accommodation.

Yet it is the upper level that sets this residence apart entirely.

A private internal staircase reveals one of Perth's most remarkable rooftop sanctuaries an exclusive private entertaining domain unlike anything else on the market. Here, an expansive rooftop terrace unfolds with a mosaic tiled pool, a fully equipped outdoor kitchen, built in bar and BBQ, multiple lounge and entertaining zones, all framed by breathtaking 360 degree views stretching across the Swan River, Perth CBD and Kings Park.

Protected by a retractable roof system and operable side screens, this rooftop transforms into an all season private resort equally suited to intimate evenings or large scale entertaining.

A secure 71sqm four car enclosed garage completes the offering, delivering a level of practicality rarely found in apartment living.

This is a landmark residence - architecturally significant, entirely irreplaceable, and unquestionably one of Perth's finest.

KEY FEATURES

• Multi-award-winning architectural design

• 452sqm of internal and external living across two levels

• Private rooftop entertaining sanctuary with pool

• Outdoor kitchen, bar, built-in BBQ, and multiple entertaining zones

• Retractable roof and side screening for year-round use

• Soaring 3.5m ceilings and striking windows

• Panoramic views across Perth CBD, Swan River and Kings Park

• Two enclosed winter-garden balconies

• Double glazing throughout

• Full suite of integrated Miele appliances

• Luxurious master retreat with marble ensuite and dual walk-in robes

• Three bedrooms, three bathrooms

• Secure direct lift access to private lobby

• Four-car enclosed garage (71sqm)

• House-sized living with low-maintenance ease

Listing description written by Richard Self, Mack Hall Real Estate in assoc. with Knight Frank Claremont — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.