Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Mount Helena › George St

32 George St, Mount Helena WA 6082

For saleHouse for Sale

$795,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

959 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $795,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $795,000(Listing record · 13 Aug 2026)
  • CalculationLand 959 m² against a 125 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 17% below the Mount Helena median recorded sale ($962,500, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Helena's advertised median rent ($649/wk), implied gross yield would be 4.25% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$795,000

Asking · $829/m² of land

No recorded sale for this property.

Mount Helena at a glance

3,749

People

$962,500

Median sale

$649/wk

Median rent

3.51%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Helena report →

Vs Mount Helena

-17.4%

Median sale

Suburb $962,500

+0.74 pp

Gross yield

Suburb 3.51%

Suburb median $962,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$795,000
Stamp Duty (Western Australia)
$32,058
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
$830,983

$35,983 on top of the price (4.5% 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 Mount Helena's advertised median rent — not a rent for this listing.

Net yield
2.75%
Annual cashflow (pre-tax)
$-19,517
Interest cover (DSCR)
0.53
Annual rent
$33,748
Operating expenses
$11,925
Loan amount
$636,000
Annual interest
$41,340
Gross yield
4.25%

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

  1. Listed$795,000available13 Aug 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. Listed land size is 959 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 $649/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 4.2%. 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 959 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

Mount Helena in one glance

Mount Helena at a glance

3,749

People

$962,500

Median sale

$649/wk

Median rent

3.51%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Helena report →

Keep researching

  • Why Mount Helena? Read the area thesis →
  • What else is on the market in Mount Helena →
  • Other records on George St →

Listing material

Listed by RE/MAX Encore

Get Your Runners On

Tucked quietly away waiting for its next adventure in the heart of the Mount Helena is this Brick and iron 3-bedroom home at the end of a cul-de-sac, with just one neighbour. Schools, Daycare, Mount Helena Tavern, Walking Trails, Vet, Coffee Shop. Spot on location.

Built in the mid-1990s, open plan living kitchen, dining and family room being the hub of the home, comfort provided by a slow combustion fire place, slate flooring will survive our hills lifestyle. Cool off in summer with a reverse cycle air conditioner.

There are three bedrooms, the master bedroom has a walk-in robe and semi-ensuite, while the remaining bedrooms include robe recesses. Solar hot water adds an important practical bonus. Scheme water will keep you lawns, veggie and gardens happy over the warmer months.

Read the full description

Outside, the approximately 6m x 9m powered workshop with concrete floor offers lock up parking with a super space to tinker. Already established with power, it provides plenty of room for vehicles, hobbies, storage or workshop use and is a fantastic addition to the property.

Set on a generous 958sqm block - nearly a quarter of an acre - and bordering the pipeline trail, the property offers a wonderful combination of privacy, space and convenience.

The location is equally appealing, with the local school, shop, park and oval all within easy walking distance.

Property Features:

• 3 Bed 1990's brick & iron home

• living areas, light and bright windows

• Open-plan kitchen, meals and family

• Reverse-cycle air conditioning

• Slow-combustion wood fire

• Solar hot water, scheme water

• Master bed with WIR & semi-ensuite

• Large outdoor entertainment area

• Approx. 6m x 9m powered shed with concrete floor

• Rainwater tank

• Rooftop sprinklers

• Three boundary exit gates

• Private end-of-cul-de-sac location

958sqm block

Listing description written by Jorg Nottle, RE/MAX Encore — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.