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WA › Bayswater › Cobden St

29 Cobden St, Bayswater WA 6053

House

$1,020,000

Last sold

6 Jan 2023

3

Bedrooms

1

Bathrooms

4

Car spaces

1,321 m²

Land

189 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,020,000 (6 Jan 2023).(Recorded sale)
  • CalculationLand 1,321 m² against a 189 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bayswater (last 5 years) with land size: median $2,510/m² of land (n=120). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,020,000

6 Jan 2023 · derived via latest_sale

Local land rate: recorded House sales in Bayswater (last 5 years) with land size have a median of $2,510/m² of land (n=120). Districts calculation from recorded sales — not a valuation.

Bayswater at a glance

17,460

People

$1,270,000

Median sale

$696/wk

Median rent

2.85%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Vs Bayswater

-19.7%

Median sale

Suburb $1,270,000

+0.70 pp

Gross yield

Suburb 2.85%

Suburb median $1,270,000 from 115 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$1,020,0006 Jan 2023
  2. Listedprice unknowncompleted4 Nov 2022

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 1,321 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 $696/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 1,321 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

Bayswater in one glance

Bayswater at a glance

17,460

People

$1,270,000

Median sale

$696/wk

Median rent

2.85%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Keep researching

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

Listing material

Listed by Mark Hay

Developers’ Dream!- Ideal for renovation or Triplex development!

For those that are looking forward to a "makeover" project, this home has a sizeable front garden that could become an ideal paved driveway with both an entry and exit point, and one of the two single garages on either side of the house could make way for a driveway down to the rear of the property.

Upon entering, you have a short central hallway with the formal lounge on the left with in-built imitation gas fireplace, and main bedroom on the right. Both rooms have high ceilings and are spacious with period cornicing, ceiling roses, and each having a central ceiling fan.

Opposite is the neat family bathroom with both bath, shower, and floor tiles, and adjacent is a well-sized second bedroom also with ceiling fan.

Read the full description

Towards the rear of the home we enter into a tidy kitchen and meals area, with gas cooktop and a comfortable amount of cupboard space. This opens out to a large second family area, which could easily be divided to form an extra bedroom or office with access to the front verandah, and still leave enough room for an extra family area which leads out to the rear patio.

Completing the home is a medium sized sleepout or extra bedroom, and an adjacent store room off the kitchen.

The rear patio overlooks lawn and gardens that are tiered down towards the rear of the block which is ripe for a makeover for those that want a huge garden, or for those looking for a development block. Beyond this at the very rear of the block is a large section of shrubbery.

For those thinking of this as the ideal location for a development, the home is ideal as a rental property while you develop plans subject to council approval. The block has an approximate width of 22m and approximate depth of 62m and is zoned R25 as a triplex site. The average lot size needed is 350m with a minimum of 300m.

If council allow a 5% variation, you may only be 7m2 short of being allowed a 4 lot site, so you could examine if this could be possible with WAPC approval.

As part of the annual Garden Awards, Cobden Street in Bayswater was recognised as the community's Most Sustainable Street. Driving out from this street you have super easy access to Bayswater Train Station, which is undergoing a major rejuvenation, Guildford Road, and Tonkin Hwy. You're also just a short drive from the CBD, the picturesque Riverside Gardens, the trails alongside Swan River, and Perth Airport.

Located moments away from the cafe strip, local shops, and facilities Bayswater has on offer.

The outstanding location is high on the hill with possible city views from a second storey. It is only a short stroll to Bayswater Train Station with the new airport link, Bert Wright Park, library, Farmers Market, and Bayswater Village, with a variety of shopping, dining, and entertainment options, and only a 10 minute drive to the airport and 14 minutes to the Perth CBD.

Features:

-Sold in "As-Is" condition.

- 3kw Solar Panel System

- Zoned R 25 – Triplex site - STCA

- 1937 solid brick and tile California bungalow

- Character features include high decorative ceilings and cornices and jarrah flooring

- 2 bedrooms, sleepout/3rd bedroom, decorative formal lounge, tidy kitchen, spacious 2nd family living area.

- 2 single garages

- 1321m rectangular block, Frontage 22m and depth of 62m approx

- Subdivision average lot size required 350m and minimum lot size required 300m

- Located in the City of Bayswater

Listing description written by Daniel Porcaro, Mark Hay — reproduced as published, not verified by Districts.

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.