Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Salter Point › Letchworth Centre Ave

32a Letchworth Centre Ave, Salter Point WA 6152

For saleHouse for Sale

$2,000,000

For sale

Asking

4

Bedrooms

2

Bathrooms

5

Car spaces

572 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,000,000(Listing record · 15 July 2026)
  • CalculationAsk is 7% below the Salter Point median recorded sale ($2,150,000, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Salter Point's advertised median rent ($682/wk), implied gross yield would be 1.77% — this is not a rent for this listing.(Districts scenario calculation)

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

$2,000,000

Asking · $3,497/m² of land

No recorded sale for this property.

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

Vs Salter Point

-7.0%

Median sale

Suburb $2,150,000

+0.12 pp

Gross yield

Suburb 1.65%

Suburb median $2,150,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,000,000
Stamp Duty (Western Australia)
$94,116
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
$2,098,041

$98,041 on top of the price (4.9% 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 Salter Point's advertised median rent — not a rent for this listing.

Net yield
0.27%
Annual cashflow (pre-tax)
$-98,536
Interest cover (DSCR)
0.05
Annual rent
$35,464
Operating expenses
$30,000
Loan amount
$1,600,000
Annual interest
$104,000
Gross yield
1.77%

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$2,000,000available15 July 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 572 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 $682/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 1.8%. 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 572 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

Salter Point in one glance

Salter Point at a glance

3,116

People

$2,150,000

Median sale

$682/wk

Median rent

1.65%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Salter Point report →

Keep researching

  • Why Salter Point? Read the area thesis →
  • What else is on the market in Salter Point →
  • Other records on Letchworth Centre Ave →

Listing material

Listed by Acton | Belle Property South Perth & Victoria Park

A private family sanctuary moments from the river.

Privately positioned and thoughtfully designed for growing families, this substantial two-storey residence delivers an exceptional combination of space, privacy and indoor-outdoor living, just moments from the River.

Behind secure gates, you'll discover a home that adapts beautifully to every stage of family life. Multiple living areas, four generously sized bedrooms and a dedicated study or optional fifth bedroom provide the flexibility for growing families, those working from home or welcoming extended family and guests.

At the heart of the home, the expansive kitchen overlooks the living and entertaining areas, creating a natural gathering place where everyday moments and special occasions come together. Appointed with stone bench tops, an Italian five-burner gas cooker, dishwasher, overhead cabinetry and abundant storage, it has been designed to cater easily for busy family living and entertaining.

Read the full description

Conveniently located also on the ground floor is the spacious master suite overlooking the backyard, creating a peaceful retreat for parents. Complete with a walk-in robe, ensuite and split-system air conditioning, it invites you to relax and unwind at the end of the day.

Upstairs, a family retreat provides the perfect zone for children's activities, homework or movie nights, while three generously proportioned bedrooms are serviced by a well appointed family bathroom featuring a charming clawfoot bath, separate shower and the convenience of an additional powder room.

Outside, an expansive alfresco overlooks a generous lawn where children can run freely, play in the charming cubby house and enjoy the kind of backyard that's becoming hard to find. Whether you're entertaining a crowd, hosting family celebrations or simply relaxing with friends, this private outdoor sanctuary has been designed for every occasion. As the sun sets, gather around the fire pit, toast marshmallows under the stars and create memories your family will treasure for years to come.

Offering secure parking for approximately three vehicles, plus additional space for a boat, trailer or jet ski, this is a home designed for families who love making the most of Salter Point's enviable riverside lifestyle.

Additional Features

• 6.6kW solar power system

• Secure gated entry

• Plenty of secure parking

• Multiple living areas

• Study or fifth bedroom

• Ground-floor master suite

• Stone kitchen with Italian five-burner gas cooker

• Plantation shutters

• Hybrid timber flooring

• Ducted evaporative air conditioning

• Multiple reverse-cycle split systems

• Expansive gabled alfresco plus Fire pit

• Character cubby house

• Reticulated gardens with mature fruit trees

Perfectly positioned within one of Perth's most tightly held riverside enclaves, you'll enjoy the privilege of walking to the River's edge, picturesque foreshore trails, parklands and boat ramps. The vibrant Rakacino café is just on the next block over for your daily coffee, Welwyn and Ley Street Precincts including Waterford Plaza and Perth CBD are all just minutes away. Families will appreciate the convenience of Aquinas College, Santa Maria College and Manning Primary School, with Wesley College, Penhros College, Curtin University and excellent public transport all within easy reach, making this an exceptional location to raise a family.

The sellers are relocating for business, this is a genuine opportunity to secure an exceptional family home in one of Salter Point's most tightly held locations. Homes of this size, offering this level of privacy, secure parking and riverside convenience, rarely become available and represent outstanding value in today's market. We encourage buyers to inspect promptly and submit their interest, as the sellers are committed to achieving a sale.

Listing description written by Brad Katnich, Acton | Belle Property South Perth & Victoria Park — 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.