Floreat at a glance
9,508
People
$2,750,000
Median sale
$845/wk
Median rent
1.60%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
WA › Floreat › Salvado Rd
3
Bedrooms
2
Bathrooms
1
Car spaces
862 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Floreat (last 5 years) with land size have a median of $2,658/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Floreat at a glance
9,508
People
$2,750,000
Median sale
$845/wk
Median rent
1.60%
Suburb gross yield
Median sale from 12 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 862 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 $845/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 862 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
Floreat at a glance
9,508
People
$2,750,000
Median sale
$845/wk
Median rent
1.60%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Duet PropertyTHE FEATURES YOU WILL LOVE
This is the one you have been waiting for! Situated on the gorgeous Salvado Road, just moments from Alderbury Reserve, this 1950's-built home offers a move-in ready proposition, ready for your personal touch. Three bedrooms, two bathrooms and a magical garden make the perfect platform for your family in Floreat. The property combines the warmth of old-world charm with unbridled potential, set on an expansive 862 square metres. The existing floorplan offers great functionality, while you plan the next stage of this residence. Whether it be renovating the existing structure, or organising your plans for an extension, this residence makes for the perfect springboard into your family's next stage of life. You will not want to miss this one!
THE LIFESTYLE YOU WILL LIVE
Whether it be your morning coffee with an easy stroll to one of the many local cafes, or drinks at some of Perth's renowned restaurants, the opportunities are endless with this idyllic location in one of Floreat's most quiet and family friendly streets! The coveted Floreat lifestyle is made perfect with this conveniently located residence. With some of the state's best schools at your fingertips, complemented by an array of public transport close by, easy living is achieved effortlessly. Combining accessibility to the City and minutes from some of Perth's best beaches, you'll have the perfect lifestyle!
THE DETAILS YOU WILL NEED
Water Rates: $1,454.79 per annum
Council Rates: $3,525.13 per annum
Auction Date: 9 December 2023
Auction Time: 11:30am on site
Deposit: $75,000 payable on auction day
Settlement: 30/45/60 days
Listing description written by Craig Gaspar, Duet Property — reproduced as published, not verified by Districts.