St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
WA › St James › Melbourne St
$1,020,000
For sale
$1,020,000
Last sold
9 June 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
1,012 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$1,020,000
9 June 2025 · derived via latest_sale
Local land rate: recorded Land sales in St James (last 5 years) with land size have a median of $1,158/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs St James
-1.4%
Median sale
Suburb $1,035,000
+0.05 pp
Gross yield
Suburb 3.12%
Suburb median $1,035,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$47,571 on top of the price (4.7% extra)
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.
Pre-filled with St James's advertised median rent — not a rent for this listing.
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.
Planning
Planning scheme
CANNING
Zone
Residential
1
Jurisdiction
Canning
Canning, WA
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.
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.
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
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.
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
No advertised rent is recorded. Suburb median rent $621/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
2 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?
KnownmediumOfficial parcel about 1,015 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
St James at a glance
5,661
People
$1,035,000
Median sale
$621/wk
Median rent
3.12%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Keevers Group North BeachAn exceptional opportunity to secure a substantial 1,012sqm development site in one of Perth's rapidly evolving inner-city precincts.
Positioned just 8km (approx) from the Perth CBD, this cleared site presents outstanding potential for developers, investors and builders looking to capitalise on the area's strong growth, established amenities and excellent connectivity. Surrounded by quality infrastructure and lifestyle attractions, this is a rare chance to bring your next project to life in a highly convenient location.
WHAT WE LOVE:
• 1,012sqm development site
• Zoned R80
• Cleared block ready for development
• Only 8km (approx.) from the Perth CBD
• Close to Curtin University
• Minutes from Crown Perth and Optus Stadium
• Nearby Collier Park Golf Course and riverside walking and cycling paths
• Walking distance to the vibrant Victoria Park café and restaurant precinct
• Close to major shopping destinations including Park Centre, Westfield Carousel and Bentley Shopping Centre
• Excellent access to public transport and major road networks
• Conveniently located to both domestic and international airports
Combining exceptional convenience with exciting development potential, this sought-after location continues to attract homeowners, investors and developers alike. The bustling Victoria Park café and restaurant strip offers an incredible range of dining options, while nearby parks, sporting facilities and riverside recreational areas provide an enviable lifestyle.
With Curtin University, quality schools, shopping centres and transport links all within easy reach, this is a location that offers both immediate appeal and long-term growth prospects.
Opportunities of this scale and zoning in such a central location are becoming increasingly scarce. Secure your future and explore the possibilities at 24 Melbourne Street today.
Call Ben Keevers directly on 0404 056 010 for further details.
This information is provided for general information and marketing 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 Ben Keevers, Ray White Keevers Group North Beach — reproduced as published, not verified by Districts.