City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
WA › City Beach › Launceston Ave
$1,780,000
Last sold
24 Jan 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
880 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
$1,780,000
24 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in City Beach (last 5 years) with land size have a median of $4,388/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs City Beach
-59.8%
Median sale
Suburb $4,425,000
+2.22 pp
Gross yield
Suburb 1.50%
Suburb median $4,425,000 from 6 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 880 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 $1,275/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 880 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
City Beach at a glance
7,443
People
$4,425,000
Median sale
$1,275/wk
Median rent
1.50%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by ShellabearsLocation location location!
If you're happy to roll up your sleeves and do a little bit of work, you won't find a better opportunity to live in the exclusive enclave of South City Beach.
This 1960s home is comfortable to live in and enjoys an open plan kitchen, dining and living area, 3 big bedrooms, 2 bathrooms and two living areas, and is on a big, level block.
A well-designed home with a good Floorplan for a family, and within walking distance of the beach, you won't believe you can live in this wonderful spot at this price!
Call Kate Gale for details and to inspect 0411 406 774
• Located in the exclusive enclave of South City Beach
• Comfortable 1960s home with an open plan kitchen, dining, and living area
• 3 spacious bedrooms, 2 bathrooms, and two living areas
• Situated on a big, level block
• Well-designed floor plan suitable for a family
• Walking distance to the beach
• Incredible value for such a wonderful spot
Listing description written by Kate Gale, Shellabears — reproduced as published, not verified by Districts.