East Cannington at a glance
7,231
People
$920,000
Median sale
$665/wk
Median rent
3.76%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
WA › East Cannington › Lacey St
3
Bedrooms
1
Bathrooms
0
Car spaces
2,064 m²
Land
80 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in East Cannington (last 5 years) with land size have a median of $1,404/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
East Cannington at a glance
7,231
People
$920,000
Median sale
$665/wk
Median rent
3.76%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
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 2,064 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 $665/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 2,064 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
East Cannington at a glance
7,231
People
$920,000
Median sale
$665/wk
Median rent
3.76%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Canning RiverWhy Buy at Auction:
1. Total transparency. You see the bids, the competition and exactly where you stand. No blind offers or hidden negotiations.
2. Decision on the day. No waiting for callbacks. You either secure the property or move on knowing the result.
3. Time to prepare properly. Auction campaigns allow you to complete your due diligence - finance, building inspections and contract reviews - before auction day.
4. A level playing field. Every buyer has the same opportunity to bid, with clear rules and no back-door deals.
Positioned on the prominent corner of Lacey Street and Redcliffe Street, this exceptional offering presents a rare opportunity to secure a combined 2,065sqm landholding in one of East Cannington's rapidly evolving growth corridors.
Whether you're a developer, investor or land banker, opportunities of this scale are becoming increasingly difficult to find.
Comprising 31 Lacey Street (1,022sqm) and 35 Lacey Street (1,043sqm), both properties are zoned R30, offering the potential to create up to six lots (subject relevant authority approvals).
Adding further flexibility, 35 Lacey Street includes an existing 3-bedroom, 1-bathroom home. While the residence requires renovation, it offers excellent holding income potential or temporary accommodation while development plans are being finalised.
Whether you're looking to develop immediately, retain the existing dwelling while you plan your project, or secure a strategic landholding for future capital growth, this is an opportunity that delivers exceptional versatility and long-term upside.
Auction Conditions:
• $50,000 deposit payable at the fall of the hammer (EFT or bank cheque accepted)
• Unconditional buyers only (no subject to finance bidding)
• Choice of 30, 45 or 60 day settlement from auction day
• The property is offered for sale on an "as is" basis
• Bidders must have read and understood the auction contract prior to bidding
• Auction Location: On Site
Property Features:
• 31 Lacey Street - 1,022sqm block
• 35 Lacey Street - 1,042sqm block
• Combined landholding of 2,064sqm
• R30 zoning
• Potential for up to six lots (subject to approvals)
• Prime corner development site
• Existing 3-bedroom, 1-bathroom home at No. 35 requiring renovation
• Outstanding development, investment or land banking opportunity
What's Nearby:
• 650m to East Cannington Park
• 900m to Beckenham Station
• 1.1km to Beckenham Primary School
• 1.2km to Cuddles Early Learning & Childcare Beckenham
• 1.5km to Gibbs Street Primary School
• 1.8km to Mills Park
• 2.2km to Westfield Carousel
• 2.5km to Sevenoaks Senior College
• 2.9km to St Norbert College
• 11.3km to Perth Airport
• 12.7km to Perth CBD
• Accessibility to Welshpool Road (East), Albany Highway & Roe Highway
To receive the information pack, including a digital link to download all related documents including the title, rates information, and offer contract please send through your enquiry today. Alternatively, you can call or text Cameron Smart on 0411 598 969 to receive the link via SMS.
**Disclaimer: Ray White Canning River have in preparing this advert, used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert**
Listing description written by Cameron Smart, Ray White Canning River — reproduced as published, not verified by Districts.
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