Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Saleham St
$1,304,500
Last sold
6 Feb 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
1,012 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
$1,304,500
6 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Lathlain (last 5 years) with land size have a median of $1,894/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Lathlain
-15.3%
Median sale
Suburb $1,540,000
+0.40 pp
Gross yield
Suburb 2.23%
Suburb median $1,540,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 1,012 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 $660/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 1,012 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthFINAL OFFERS MON 29/01 @6PM
You can't help but fall in love at first sight of this timeless 1950 character home. A harmonious blend of classic charm and modern convenience. Sitting on a huge 1012m2 right in the heart of Lathlain. Homes like this in this location are rarely available. Being offered for the first time in 47 years, this is an unbelievable opportunity for families to create wonderful memories, or an investment opportunity with endless options of what you can do here.
Boasting 3 bedrooms plus a study, 1 bathroom and ample parking space for 4 cars. A combination of original polished floorboards & tiling on the floors, Stunning lead light front windows, a gorgeous veranda to sit and wave at your wonderful neighbours you will gain here and beautiful original cornices. All the delights you would expect in a charmer like this. With added features including roller shutters, a split system air conditioner in the kitchen and huge bedrooms. You will be very happy and comfortable here.
Outside, a sizable backyard beckons, promising delightful moments of relaxation and recreation. A huge double shed is waiting to be used for that project you've been wanting to finish, extra parking or maybe even a “man cave”. Pick your own produce with the multiple trees growing ready to be enjoyed to the likes of Kalamata Olives, Loquats, Pomegranate, Pears, Grapes, Oranges & Figs.
An opportunity presents to develop this property. Retain & build, live in or rent out while you make plans to develop. There are so many options. (subject to council approval) Nestled in the highly desired suburb Lathlain, enjoy a vibrant lifestyle as you stroll to popular cafes, parks, schools, and seamless public transport connections. Easy access to both the north and south enhances the home's convenience, while it's proximity to the city and Crown Entertainment complex places you at the heart of urban living.
Council Rates : $1500.87 P/A
Water Rates : $861.57 P/A
Contact LOCAL SPECIALIST Vanessa Naso NOW on 0419 942 106 for more information including viewing times. This is a dream come true that you have been waiting for! Get ready to enjoy your new life in this sought after location.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller 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 Vanessa Naso, The Agency Perth — reproduced as published, not verified by Districts.