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WA › Alfred Cove › Lambert St

23 Lambert St, Alfred Cove WA 6154

House

$1,350,000

Last sold

4 Oct 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

475 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 $1,350,000 (4 Oct 2024).(Recorded sale)
  • FactLand 475 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Alfred Cove (last 5 years) with land size: median $2,452/m² of land (n=90). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Residential (1) under the MELVILLE.(Landgate SLIP · 1 Sept 2026)

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?

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

What this lot has actually traded at

Last sold

$1,350,000

4 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Alfred Cove (last 5 years) with land size have a median of $2,452/m² of land (n=90). Districts calculation from recorded sales — not a valuation.

Alfred Cove at a glance

3,016

People

$1,600,000

Median sale

$810/wk

Median rent

2.63%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Alfred Cove report →

Vs Alfred Cove

-15.6%

Median sale

Suburb $1,600,000

+0.49 pp

Gross yield

Suburb 2.63%

Suburb median $1,600,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

MELVILLE

Zone

Residential

1

Jurisdiction

Melville

Melville, WA

Planning overlays

  • bushfireNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: Landgate SLIP
  • Dataset: Local Planning Scheme — Zones and Reserves (DPLH-071)
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 985340

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 detected — official

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.

Heritage

Not detected — official

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

Property history

  1. Sold$1,350,0004 Oct 2024
  2. Listedprice unknowncompleted5 Sept 2024
  3. Listedprice unknowncompleted5 Sept 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 475 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

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $810/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.

2 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 475 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?

    Knownmedium

    Official parcel about 1,032 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Alfred Cove in one glance

Alfred Cove at a glance

3,016

People

$1,600,000

Median sale

$810/wk

Median rent

2.63%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Alfred Cove report →

Keep researching

  • Why Alfred Cove? Read the area thesis →
  • What else is on the market in Alfred Cove →
  • Other records on Lambert St →

Listing material

Listed by Yard Property

Your Perfect Family Haven in Prime Location

Welcome to this delightful 4-bedroom, 2-bathroom residence, perfectly positioned on a 475sqm street-front block. Built solidly in 1990, this home combines classic charm with modern convenience, offering a comfortable and versatile living experience.

Inside, you'll find a generous front lounge and open plan kitchen and living area, ideal for both relaxing and entertaining. The property boasts a lush, grassed area that is perfect for outdoor activities and family gatherings. Rear access through the double garage adds a layer of convenience, while ample extra parking ensures you and your guests always have a spot.

With a survey strata title, this home offers a low-maintenance living option with clear and manageable property boundaries. Its solid brick and tile construction ensures durability and longevity.

Read the full description

The location is unbeatable. You're just a short stroll from Bill Sweet Park and Tompkins Park, perfect for leisurely walks and outdoor fun. Shopping is a breeze with Westfield Garden City and North Lake Shopping Centre in nearby Myaree, while Marmion Reserve offers additional outdoor relaxation and activities. Plus, the property is situated in the sought-after Melville Primary catchment zone, providing excellent educational opportunities for your children.

This well-maintained home blends comfort, convenience, and charm in a prime location. Don't miss out on this fantastic opportunity.

DISCLAIMER: This information is provided for general information purposes only and is based on information provided by third parties and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Toby Bellegarde, Yard Property — 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.

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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.