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WA › Mount Pleasant › The Esplanade

257 The Esplanade, Mount Pleasant WA 6153

House

$2,400,000

Last sold

10 Mar 2025

4

Bedrooms

3

Bathrooms

3

Car spaces

611 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 $2,400,000 (10 Mar 2025).(Recorded sale)
  • FactLand 611 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Pleasant (last 5 years) with land size: median $3,833/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$2,400,000

10 Mar 2025 · derived via latest_sale

Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $3,833/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Mount Pleasant at a glance

8,199

People

$2,117,500

Median sale

$783/wk

Median rent

1.92%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Pleasant report →

Vs Mount Pleasant

+13.3%

Median sale

Suburb $2,117,500

-0.22 pp

Gross yield

Suburb 1.92%

Suburb median $2,117,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$2,400,00010 Mar 2025
  2. Listedprice unknowncompleted10 Feb 2025
  3. Listedprice unknowncompleted10 Feb 2025

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 611 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 $783/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.

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 611 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

Mount Pleasant in one glance

Mount Pleasant at a glance

8,199

People

$2,117,500

Median sale

$783/wk

Median rent

1.92%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Pleasant report →

Keep researching

  • Why Mount Pleasant? Read the area thesis →
  • What else is on the market in Mount Pleasant →
  • Other records on The Esplanade →

Listing material

Listed by Ace Realty

STUNNING RIVERSIDE LIFESTYLE

* * * SOLD by ACE REALTY * * *

Discover a riverside retreat where breathtaking Swan River views meet luxurious comfort. This beautifully renovated double-storey family home offers more than just a place to live - it's a lifestyle. Imagine waking up to tranquil river vistas, strolling along the picturesque foreshore, and enjoying serene moments watching dolphins at play.

Nestled on the prestigious Esplanade, this home provides doorstep access to the Swan River. Take leisurely walks to Deep Water Point Reserve or enjoy a coffee at the popular riverside Kerbside Café. Whether you're jogging, cycling, or simply soaking in the magical riverside ambiance, this is a lifestyle second to none.

Read the full description

Designed with both comfort and versatility in mind, this expansive home offers everything you need.

FEATURES:

--- 4 bedrooms (2 with ensuites) plus a study/office or optional 5th bedroom.

--- 3 bathrooms and 4 toilets for ultimate convenience.

--- An open-plan lounge, dining, and kitchen flowing seamlessly onto a large balcony-perfect for entertaining, with stunning views as your backdrop.

--- A family/children's retreat and a separate rumpus/theatre room, offering spaces for everyone to enjoy.

--- A massive under croft garage with space for 3 cars or more-ideal for hobbyists, car enthusiasts, or a home business.

--- A secure backyard with a covered patio, perfect for kids and pets.

--- Ample room to park a boat or caravan, making this home ideal for adventure lovers.

--- Solar panels for energy efficiency.

--- New LED lighting throughout.

--- Ducted air conditioning and heating for year-round comfort.

--- A security alarm system for peace of mind.

From the convenience of freeway access to the peaceful luxury of riverside living, this home has it all. Enjoy magical sunsets, nature-filled walks, and the vibrant charm of a close-knit riverside community.

Your riverside dream awaits. Don't miss this rare opportunity to secure a lifestyle blending elegance, convenience, and natural beauty.

Long settlement or rent-back preferred.

Contact us today to arrange a viewing and make this dream home yours!

NEARBY

--- Mount Pleasant South Foreshore (across the road)

--- 200m Mount Henry Bridge Reserve

--- 1.3km The Good Grocer Mount Pleasant

--- 1.4km Deep Water Point Reserve

--- 1.5km Brentwood Primary School

--- 2.4km Westfield Booragoon

--- 2.7km Applecross Senior High School

--- 3.2km Rossmoyne Senior High School

UTILITIES (approx.)

Council rates: $2,574 pa

Water rates: $1,478 pa

AREA (approx.)

Land: 611sqm

BUILT

1972, renovated

ZONING

R12.5 - Residential (City of Melville)

For more information, please contact:

Frank Sanchez 0419 367 999

Michael Quirici 0402 085 533

Or email us at sales@acerealty.com.au

DISCLAIMER: While every effort has been made to ensure the accuracy of the information provided, Ace Realty and its representatives make no warranties or guarantees as to its completeness, accuracy, or reliability. All property details, including but not limited to pricing, availability, and features, are subject to change without notice. Prospective buyers are advised to make their own inquiries and conduct inspections to verify the accuracy of the information provided. The details contained herein are for informational purposes only and do not form part of any offer or contract. Ace Realty accepts no liability for any reliance placed on this information by any party.

Listing description written by Frank Sanchez, Ace Realty — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 3
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.