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WA › Wembley Downs › Sulman Rd

35 Sulman Rd, Wembley Downs WA 6019

For saleLand

$1,950,000

For sale

$1,950,000

Last sold

5 Mar 2025

0

Bedrooms

0

Bathrooms

0

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 26 Mar 2026)
  • FactLand 1,012 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Wembley Downs's advertised median rent ($863/wk), implied gross yield would be 2.30% — 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

$1,950,000

5 Mar 2025 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Wembley Downs at a glance

7,459

People

$2,380,000

Median sale

$863/wk

Median rent

1.89%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Wembley Downs report →

Vs Wembley Downs

-18.1%

Median sale

Suburb $2,380,000

+0.41 pp

Gross yield

Suburb 1.89%

Suburb median $2,380,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,950,000
Stamp Duty (Western Australia)
$91,541
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
$2,045,466

$95,466 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 Wembley Downs's advertised median rent — not a rent for this listing.

Net yield
0.80%
Annual cashflow (pre-tax)
$-85,774
Interest cover (DSCR)
0.15
Annual rent
$44,876
Operating expenses
$29,250
Loan amount
$1,560,000
Annual interest
$101,400
Gross yield
2.30%

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

20242025$1.75m$1.95m
  • Sold (recorded)
  1. Listedprice unknownavailable26 Mar 2026
  2. Sold$1,950,0005 Mar 2025
  3. Listedprice unknowncompleted6 Feb 2025
  4. Sold$1,750,00023 May 2024
  5. Listedprice unknowncompleted18 Apr 2024

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 1,012 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 $863/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.

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

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

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 1,012 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

Wembley Downs in one glance

Wembley Downs at a glance

7,459

People

$2,380,000

Median sale

$863/wk

Median rent

1.89%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Wembley Downs report →

Keep researching

  • Why Wembley Downs? Read the area thesis →
  • What else is on the market in Wembley Downs →
  • Other records on Sulman Rd →

Listing material

Listed by Realty Lane

The Perfect Blank Canvas

Tucked quietly away from the street, this rear parcel of land presents a rare opportunity to create something truly special in a highly sought-after coastal pocket. Offering privacy, tranquillity, and endless potential, this is the perfect blank canvas on which to build your dream home.

Positioned in a peaceful setting, the block delivers a sense of coastal calm that is increasingly hard to find. Here, you can enjoy a lifestyle defined by serenity-where the only sounds are the gentle rhythm of daily life. You will appreciate the exceptional convenience of being just minutes from some of the area's most prestigious schools, making the morning routine effortless. Pristine beaches are also only a short drive away, inviting you to indulge in morning swims, sunset walks, and relaxed weekends by the sea.

Ideally located in the heart of Wembley Downs, this block places you within one of Perth's most desirable coastal suburbs. Renowned for its leafy streets, quality homes, and family-friendly atmosphere, it offers the perfect balance between relaxed coastal living and everyday convenience. Don't miss out-contact Daniel and Maria Gonzalez today to register your interest.

Read the full description

Property Features:

- Land area: 557m²

- Proposed green title subdivision

- Perfect block to build your dream home

- And much more…

Location Features:

- Close to prestigious schools

- Close to beautiful beaches

- Close to local parks and Butlers reserves

- Close to great cafes and restaurants

- Close to local shops and Karrinyup Shopping Centre

- Close to public transport

Maria & Daniel Gonzalez 0432 057 009

gonzalez@realtylane.com.au

Listing description written by Daniel Gonzalez, Realty Lane — 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.

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