Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Pleasant › The Esplanade
$4,888,000
For sale
$4,888,000
Last sold
6 Mar 2025
4
Bedrooms
3
Bathrooms
4
Car spaces
1,462 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$4,888,000
6 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Mount Pleasant (last 5 years) with land size have a median of $3,849/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Pleasant
+130.8%
Median sale
Suburb $2,117,500
-1.09 pp
Gross yield
Suburb 1.92%
Suburb median $2,117,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$246,773 on top of the price (5.0% extra)
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.
Pre-filled with Mount Pleasant's advertised median rent — not a rent for this listing.
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.
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 1,462 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 $783/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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 1,462 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
Mount Pleasant at a glance
8,199
People
$2,117,500
Median sale
$783/wk
Median rent
1.92%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ace Realty* * UNDER OFFER by ACE REALTY * *
Positioned on The Esplanade, widely regarded as Mount Pleasant's most prestigious address, this architecturally designed residence delivers uninterrupted river and hills views in a statement of modern ultra-luxury. Designed as a true masterpiece, the home combines scale, sophistication, and flexibility, offering four bedrooms, three bathrooms, and accommodation for four vehicles, all finished to an exceptional standard with high-end materials and thoughtful detailing throughout.
The layout has been carefully considered to support a variety of living arrangements, including multigenerational households. A downstairs guest bedroom with walk-in robe and adjacent bathroom provides ideal separation and privacy, while also lending itself perfectly to use as a teenage retreat. Three distinct living areas, two on the ground floor and one upstairs, ensure flexibility for everyday living, entertaining, and quiet retreat, with abundant storage on every level.
At the heart of the home, the expansive open-plan kitchen, dining, and living zone is defined by timber flooring, high ceilings, and seamless indoor-outdoor flow. Large stacking doors connect the living space to an alfresco area fitted with operable louvres for year-round comfort and natural light, while a second opening leads to a balcony overlooking the river. The kitchen is both functional and visually striking, featuring a generous island bench, butler's pantry, Miele appliances, and a fully integrated fridge, freezer, and dishwasher.
Upstairs, the luxurious master suite is positioned to capture river views and enjoys direct access to a private balcony. The suite is complemented by a spacious, well-appointed walk-in robe and a refined ensuite featuring a freestanding bath, double vanities, full-height tiling, stone benchtops, and frameless shower screens, finishes that are consistently applied across all bathrooms.
Completing the offering are premium lifestyle inclusions such as a luxurious saltwater swimming pool, reverse-cycle ducted and zoned air conditioning, an Italian lift for convenience and peace of mind, and a four-car garage with additional storage.
Located within the Mount Pleasant Primary and Applecross Senior High School catchments, close to Canning Bridge train station and local bus routes, and within walking distance to cafes, bars, restaurants, and The Good Grocer, this residence delivers the ultimate river lifestyle, where architectural excellence meets everyday ease in an unrivalled location.
Construction has commenced, with completion due in mid 2027.
NEARBY
- 100m Rookwood Street Jetty
- 480m Canning Bridge Precinct
- 800m Canning Bridge Station
- 900m Deep Water Point Reserve & Jetty
- 1.1km Woolworths Mount Pleasant
- 1.5km Shirley Strickland Reserve
- 2.0km Mount Pleasant Primary School
- 2.1km Riseley Street Precinct
- 2.6km Applecross Senior High School
- 3.2km Westfield Booragoon Shopping Centre
ZONING
R20 - Residential (City of Melville LPS6)
For more information, please contact:
Chadd Boucher 0433 043 437
Email: chadd@acerealty.com.au
Frank Sanchez 0419367999
Email: frank@acerealty.com.au
DISCLAIMER: While every effort has been made to ensure the accuracy of the information provided, Ace Realty and its representatives make no warranties or guarantees as to its completeness, accuracy, or reliability. All property details, including but not limited to pricing, availability, and features, are subject to change without notice. Prospective buyers are advised to make their own inquiries and conduct inspections to verify the accuracy of the information provided. The details contained herein are for informational purposes only and do not form part of any offer or contract. Ace Realty accepts no liability for any reliance placed on this information by any party.
Some images used are of a recently completed home by the same developer and are for illustrative purposes only.
Listing description written by Chadd Boucher, Ace Realty — reproduced as published, not verified by Districts.