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WA › Southern River › Irenic Rd

24 Irenic Rd, Southern River WA 6110

For saleHouse for Sale

$899,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

375 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 21 July 2026)
  • FactLand 375 m²; no building size recorded.(Property record)
  • CalculationAsk is 15% below the Southern River median recorded sale ($1,061,000, n=83, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Southern River's advertised median rent ($790/wk), implied gross yield would be 4.57% — 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

$899,000

Asking · $2,397/m² of land

No recorded sale for this property.

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Vs Southern River

-15.3%

Median sale

Suburb $1,061,000

+0.70 pp

Gross yield

Suburb 3.87%

Suburb median $1,061,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (Western Australia)
$37,414
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
$940,339

$41,339 on top of the price (4.6% 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 Southern River's advertised median rent — not a rent for this listing.

Net yield
3.07%
Annual cashflow (pre-tax)
$-19,153
Interest cover (DSCR)
0.59
Annual rent
$41,080
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
4.57%

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$899,000available21 July 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. Listed land size is 375 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

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 $790/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 4.6%. 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. Listed land size is 375 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?

    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

Southern River in one glance

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Keep researching

  • Why Southern River? Read the area thesis →
  • What else is on the market in Southern River →
  • Other records on Irenic Rd →

Listing material

Listed by LJ Hooker Thornlie / Canning Vale

Modern Family Living in the Heart of Southern River

Perfectly positioned on an easy-care 375sqm (approx.) block, this beautifully designed 2023-built home offers the ideal balance of style, comfort and practicality. With approximately 216.79sqm of total building area, multiple living spaces and quality finishes throughout, this modern residence is perfectly suited to growing families, downsizers or investors.

From the moment you step inside, you're welcomed by a dedicated theatre room, creating the perfect space to enjoy movie nights or simply unwind in peace. Moving through the home, the light-filled open plan family and dining area forms the heart of the home, enhanced by high ceilings and seamlessly connecting to the stylish kitchen and outdoor entertaining area.

The kitchen has been thoughtfully designed for everyday living and entertaining, featuring a large island bench, overhead cupboards, walk-in pantry and ample storage. A convenient shopper's entrance from the garage makes bringing groceries inside easy and adds to the home's practical design.

Read the full description

The spacious master suite is privately positioned at the rear of the home and features a walk-in wardrobe and modern ensuite, providing a peaceful retreat away from the remaining bedrooms. The three additional bedrooms are all generously sized with built-in wardrobes and are serviced by a well-appointed family bathroom and separate WC, making the layout ideal for families of all ages.

Comfort is taken care of year-round with ducted reverse-cycle air conditioning, while solar panels, which will be fully paid off at settlement, provide an additional benefit for the new owners.

Step outside to the covered alfresco entertaining area, where indoor and outdoor living come together, creating the perfect setting for weekend barbecues, entertaining guests or simply relaxing after a busy day. Established garden beds complement the low-maintenance front and backyard, allowing you to enjoy the outdoor space without the ongoing upkeep.

Outstanding Location

Situated in one of Southern River's most sought-after pockets, this home places you within easy reach of everything your family needs. You'll enjoy close proximity to local parks, walking trails, shopping centres, quality schools, childcare facilities, public transport and popular caf�s. With easy access to major road networks, commuting to surrounding suburbs and the Perth CBD is simple, while the community atmosphere continues to make Southern River one of Perth's most desirable places to live.

Property Features

Built in 2023

Approx. 375sqm landholding

Approx. 216.79sqm total building area

Four generous bedrooms

Two modern bathrooms

Separate theatre room

Spacious open plan family and dining area

High ceilings

Stylish kitchen with large island bench

Overhead kitchen cupboards

Walk-in pantry

Shopper's entrance from garage

Private master suite with walk-in wardrobe and ensuite

Built-in wardrobes to secondary bedrooms

Ducted reverse-cycle air conditioning

Solar panels � fully paid off at settlement

Covered alfresco entertaining area

Established garden beds

Low-maintenance backyard and frontyard

Double garage with internal access

Offering a low-maintenance lifestyle without compromising on space, comfort or functionality, this 2023-built family home is an exceptional opportunity to secure a quality residence in a highly desirable Southern River location.

Disclaimer: All information contained therein is gathered from relevant third parties sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Listing description written by Sajad Ahmadyar, LJ Hooker Thornlie / Canning Vale — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

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

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