Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
WA › Bassendean › Palmerston St
$1,020,000
Last sold
5 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
300 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
$1,020,000
5 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Bassendean (last 5 years) with land size have a median of $1,640/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Bassendean
-7.3%
Median sale
Suburb $1,100,000
+0.26 pp
Gross yield
Suburb 3.23%
Suburb median $1,100,000 from 65 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 300 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 $684/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 300 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
Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Red Fox Property GroupHere, form and function effortlessly combine.
You've clearly got excellent taste. That you've got your eye on this contemporary 4x3 is proof of that. This is a 2-storey home where style reigns supreme - but where everything is backed up with substance. Take the kitchen and open-plan living and dining area, for instance. The Bosch oven and cooktop are conveniently large and of high quality, the stone benchtops are sturdy yet beautiful, the LED lighting and ducted aircon add to the light and airy feeling of the space, and there's plenty of room for dinner parties with loved ones. See? Practical and pretty. And that's just the beginning. The theatre room will tickle your fancy too, and why wouldn't it? It's a completely comfy spot to while away the hours with some movies and a bucket of popcorn while also looking effortlessly elegant.
The ground floor is rounded out with the secondary bedrooms, bathroom, powder room, laundry, and plenty of storage, as well as the decked alfresco area which is the icing on the cake. Coming complete with a ceiling fan, it's the place to get social when the weather's fine. Show it off and feel justifiably smug about how lovely your house is. Don't forget about upstairs, though. Create a retreat that you don't have to share, and relax and unwind in peaceful surrounds. It includes a walk-in robe, a big ensuite bathroom, multiple windows to let in the light, and a landing area that doubles as a study or sitting area. Sophisticated while also having a welcoming vibe, this entire home is one you can be proud of.
Location-wise, the corner block is in a gem of a spot. If family is your priority, with a handful of schools and childcare centres within less than 1km, it effortlessly ticks that box. Sports and recreation are just as accessible with a park across the road, clubs for tennis, footy, and tae kwon do close by, Steel Blue Oval a very walkable 600m, and a selection of gym and physiotherapy options. Plus there's a local skate park (600m) for those who prefer their fun on wheels. Balance everything with decadent delights from Last Crumb Cake Co (450m), Holly Rae's (240m), or Toe Beans (550m), and indulge in family outings to the Telethon Community Cinemas (450m)- it's for a good cause, after all. Not that you need a reason! Why not have dinner at the recently refurbished Bassendean Hotel (500m) or a few drinks and a bite at BERTIE Wine Bar (200m), just because? Life is about enjoyment, after all, so it's just as well this lovely home is set in a neighbourhood filled with opportunities to get amongst all the good stuff. And transport? Bassendean station is a very walkable 600m stroll. Life sorted. Thank us later.
Ready to appreciate the finer things?
Hit Nat up now (call or email). Or rock up to the home open.
*****
This property is offered for sale via EXPRESSIONS OF INTEREST. All offers will be presented as received and responded to on or before the campaign end date of 5:00pm Wednesday the 5th of March 2025 (IF NOT SOLD PRIOR). The seller reserves the right to accept an offer prior to the campaign end date.
PLEASE SEND AN EMAIL ENQUIRY (NOT SMS) IF YOU'D LIKE FURTHER PRICE GUIDANCE. You'll receive additional information within a few minutes of lodging your query.
Total Lot Size: 300sqm (Survey-Strata)
Build Year: Circa 2016
Council Rates: $2,831.73 per annum approximately
Water Rates: $1,415.39 per annum approximately
No Strata Levies. No Common Property
Estimated Rental Return: $850.00 - $900.00 per week
Listing description written by Natalie Hoye, Red Fox Property Group — reproduced as published, not verified by Districts.
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