South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Tate St
$5,450,000
Last sold
21 July 2026
5
Bedrooms
6
Bathrooms
2
Car spaces
602 m²
Land
549 m²
Building
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
$5,450,000
21 July 2026 · derived via latest_sale
Local land rate: recorded House sales in South Perth (last 5 years) with land size have a median of $4,010/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs South Perth
+127.1%
Median sale
Suburb $2,400,000
-0.86 pp
Gross yield
Suburb 1.54%
Suburb median $2,400,000 from 39 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 602 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 $712/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 602 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
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BourkesA rare offering of exceptional craftsmanship and contemporary sophistication, 28 Tate Street, South Perth is a landmark tri-level residence designed for those who demand the very best in luxury living. Showcasing architectural elegance, cutting-edge technology, and bespoke finishes throughout, this remarkable home delivers an unrivalled lifestyle in one of South Perth's most prestigious riverside enclaves.
Behind secure gated entry, the residence immediately impresses with its grand proportions, meticulous attention to detail, and seamless integration of indoor and outdoor living spaces. Expansive entertaining areas open effortlessly onto beautifully landscaped gardens, tranquil water features, and multiple terraces, creating private sanctuaries for both relaxation and entertaining on any scale.
At the heart of the home lies a spectacular gourmet kitchen, appointed with a premium Wolf cooking package, exquisite stone benchtops, extensive storage, and a concealed bar area. For larger gatherings and serious culinary pursuits, a fully equipped secondary chef's kitchen provides additional preparation and service space, ensuring effortless entertaining.
Accommodation is equally impressive, with five luxurious bedroom suites, each boasting its own private ensuite dressed in a mix Belgian Oak, European Walnut and American Oak features, offering the ultimate comfort and privacy for family members and guests alike. The lavish master retreat occupies a privileged position within the home and features a sumptuous ensuite with freestanding bath, a custom dressing room, and a private study, creating a true sanctuary away from the everyday.
The home's lower level has been thoughtfully designed as a lifestyle destination in itself, incorporating a fully equipped gym, temperature-controlled wine cellar, private art gallery, hidden study, and an elegant lounge centred around a striking gas fireplace clad in stunning Bella Series stone. Designer elements such as the curved shower walls with feature tiling further showcase the level of craftsmanship and attention to detail found throughout the residence.
Modern luxury is enhanced by an extensive suite of smart-home features, including integrated lighting, automated blinds, audio systems, CCTV surveillance, intercom, and gate security. Comfort is assured year-round with underfloor heating, zoned reverse-cycle air conditioning, and the convenience of a private internal five-person lift servicing all three levels.
Perfectly positioned moments from the Swan River foreshore, vibrant cafés, boutique shopping, prestigious schools including Wesley College, and picturesque parklands, this residence offers an exceptional lifestyle opportunity in one of Perth's most sought-after locations.
Property Highlights
• Architecturally designed tri-level luxury residence
• Five spacious bedrooms, each with a private ensuite
• Secure gated entry with CCTV, intercom, and smart security systems
• Internal five-person lift servicing all levels
• Expansive indoor and outdoor entertaining areas
• Gourmet kitchen with Wolf appliance package
• Secondary chef's kitchen and concealed bar
• Lavish master suite with dressing room, study, and luxury ensuite
• Subterranean gym, wine cellar, art gallery, and hidden study
• Bella Series stone gas fireplace feature
• Curved designer shower walls with feature tiling
• Smart home automation including lighting, blinds, and audio
• Underfloor heating throughout
• Zoned reverse-cycle air conditioning
• Solar power system
• Landscaped, low-maintenance gardens with water features
Outgoings
• Council Rates: Approx. $3,248.23 per annum
• Water Rates: Approx. $1,670.75 per annum
This is more than a home. It is a statement of prestige, innovation, and timeless luxury, offering an extraordinary lifestyle opportunity in the heart of South Perth!
Disclaimer: Whilst every care has been taken in the preparation of this information, prospective purchasers should make their own enquiries to satisfy themselves as to the accuracy of all details contained herein. Information is provided in good faith and is believed to be correct at the time of publication.
Listing description written by Andrei Iliescu, Bourkes — reproduced as published, not verified by Districts.