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WA › Perth › Mounts Bay Rd

303/173 Mounts Bay Rd, Perth WA 6000

For saleApartment

For sale

For sale

3

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 9 Apr 2026)

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

No recorded sale price for this property yet.

Perth at a glance

17,600

People

$1,350,000

Median sale

$669/wk

Median rent

2.58%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Perth report →

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. Listedprice unknownavailable9 Apr 2026

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. 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 $669/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.

  • 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

Perth in one glance

Perth at a glance

17,600

People

$1,350,000

Median sale

$669/wk

Median rent

2.58%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Perth report →

Keep researching

  • Why Perth? Read the area thesis →
  • What else is on the market in Perth →
  • Other records on Mounts Bay Rd →

Listing material

Listed by William Porteous Properties International

TOP FLOOR - ABSOLUTE RIVERSIDE - LUXURY APARTMENT

This is a superb, 227sqm, 3 bed, 2.5 bath, plus study, 3 car garaging top floor riverside apartment in the Iconic Swan Brewery Building, on Mounts Bay Rd. It is so close to the water that you could just about go fishing without leaving home. With "cruise liner" views over the river back to South Perth, Applecross, and around to Nedlands. It is an absolutely unique location positioned between the Swan River and Kings Park. Perth City and all its attractions and conveniences are on your doorstep, plus you have direct and easy access back into the Western Suburbs, with all its lifestyle amenities and offerings.

Key features include high ceilings, panoramic floor-to-ceiling riverside windows, spacious open-plan living and dining, a large riverside balcony, and a master bedroom suite virtually overhanging the water. It is light, bright, and spacious.

Superbly appointed and finished with granite benchtops, beautiful premium Blackbutt wooden floors, soft luxurious carpets, coffered ceilings, and quality window treatments. There is ducted reverse-cycle air-conditioning throughout. There is absolutely nothing you need to do before you move in.

Read the full description

The master suite is a private sanctuary, complete with direct river views, a luxurious ensuite, and generous built-in robes. Stone-topped vanities, a corner spa bath, and custom cabinetry bring a sense of indulgence, while practicality is never compromised.

The second and third bedrooms are large, with built-in robes, and access to a premium bathroom with shower, vanity and W.C. creating flexibility for family and guests. A lux powder room, large laundry, spacious home office, and extensive storage throughout reinforce the highly functional layout.

The apartment's private balcony becomes a front-row seat to Perth's most iconic backdrop, where river life and city lights combine in a scene that is timeless.

The kitchen is open plan to the living and dining, and is superbly finished with Gaggenau appliances and very generous cupboard space. It too enjoys those stunning river views.

Life here is elevated further by thoughtful amenities and exclusive resident facilities such as a concierge, heated indoor pool and gym area.

On-site there is a fantastic restaurant: Cooee, conveniently open Monday - Tuesday 8am -11pm, Wednesday - Friday, 8am - 10pm, and to Saturday, 11am - 10 and Sunday, 11am- 5pm. Great food, great coffee, and it is licensed with a boutique Bar.

There is secure parking for three cars. Two in the secure building opposite, and one under the main building with lift access all the way. The lock-up garage has ample storage space. For your guests, there is virtually unlimited guest parking in the Wilson parking building, accessible from Mounts Bay Road traveling in either direction - There is a loop road under Mounts Bay Road when traveling East to West that most people don't realize is there. This makes it a super easy place to access and visit. Great for visitors, entertaining guests, and calling home year-round.

Nothing is as good as seeing and feeling something of this quality in person. I invite you to contact me to organise a private viewing at your convenience. I can then show you the rest of the building facilities and explain how it all works and why this is one of the most special places in Perth to call home.

*NOTE: Currently encumbered by a Fixed Term Lease at $1500 per week through to 24/11/2027

TOTAL BUILDING OUTGOINGS: $53,903.00 P.A ($13,475.75 P.Q)

WATER RATES: $2,477 PER ANNUM

Listing description written by Peter Robertson, William Porteous Properties International — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Floorboards
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 3
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.