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WA › Eaton › Leake St

27 Leake St, Eaton WA 6232

For saleHouse

$1,200,000

For sale

Asking

$880,000

Last sold

11 Mar 2025

5

Bedrooms

2

Bathrooms

2

Car spaces

899 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000(Listing record · 15 July 2026)
  • FactLand 899 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Eaton (last 5 years) with land size: median $949/m² of land (n=96). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 64% above the Eaton median recorded sale ($732,000, n=63, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Eaton's advertised median rent ($656/wk), implied gross yield would be 2.84% — 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

$1,200,000

Asking · $1,335/m² of land

Last recorded sale $880,000 (11 Mar 2025).

Local land rate: recorded House sales in Eaton (last 5 years) with land size have a median of $949/m² of land (n=96). Districts calculation from recorded sales — not a valuation.

Eaton at a glance

9,425

People

$732,000

Median sale

$656/wk

Median rent

4.66%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Eaton report →

Vs Eaton

+63.9%

Median sale

Suburb $732,000

-1.82 pp

Gross yield

Suburb 4.66%

Suburb median $732,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,200,000
Stamp Duty (Western Australia)
$52,916
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
$1,256,841

$56,841 on top of the price (4.7% 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 Eaton's advertised median rent — not a rent for this listing.

Net yield
1.34%
Annual cashflow (pre-tax)
$-46,288
Interest cover (DSCR)
0.26
Annual rent
$34,112
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
2.84%

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

20252026$880k$1.2m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,200,000available15 July 2026
  2. Sold$880,00011 Mar 2025
  3. Listedprice unknowncompleted5 Mar 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 899 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 $656/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 2.8%. 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 899 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

Eaton in one glance

Eaton at a glance

9,425

People

$732,000

Median sale

$656/wk

Median rent

4.66%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Eaton report →

Keep researching

  • Why Eaton? Read the area thesis →
  • What else is on the market in Eaton →
  • Other records on Leake St →

Listing material

Listed by Professionals DAD Realty

Prime Location, Exceptional Family Living

Welcome to a home that truly has it all, space, style, and an unbeatable location. Perfectly positioned directly across from the picturesque Collie River, this impressive family residence offers the lifestyle you've been searching for.

Designed with growing families in mind, you'll enjoy the convenience of being just minutes from local schools, Watson's Reserve, and Eaton Fair Shopping Centre, while still enjoying the peace and beauty of this sought-after riverside setting.

Step inside to discover a spacious floorplan featuring three separate living areas, including a dedicated theatre room and a private study, ensuring there's room for everyone to relax, work, and entertain.

Read the full description

At the heart of the home is a large modern kitchen with ample storage and a brand-new oven, flowing seamlessly through bifold doors to the expansive outdoor entertaining area perfect for family gatherings and summer barbecues.

Accommodation is generous, with four oversized minor bedrooms providing plenty of space for children or guests, while ducted air conditioning and ducted gas heating ensure year-round comfort.

Outside, you'll fall in love with the immaculate gardens, sparkling below-ground swimming pool, and versatile outdoor studio, offering endless possibilities as a home office, gym, or creative space.

This is more than just a home-it's a lifestyle opportunity in one of Eaton's most desirable locations.

Contact Darryl Helms today to arrange your viewing!

Disclaimer: We have, in preparing this document, used our best endeavours to ensure the information contained is true and accurate, but we accept no responsibility and disclaim all liability concerning any errors, omissions, inaccuracies, or misstatements.

Interested parties should do their due diligence to verify the information contained in this material. Licensee: Design & Developments Australia Pty Ltd ABN 44090766144

Listing description written by Darryl Helms, Professionals DAD Realty — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
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.