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.
WA › Salter Point › Sulman Ave
$1,480,000
Last sold
28 Feb 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
613 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
$1,480,000
28 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Salter Point (last 5 years) with land size have a median of $2,635/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
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.
Vs Salter Point
-31.2%
Median sale
Suburb $2,150,000
+0.75 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.
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 613 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 $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.
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 613 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
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.
Listing material
Listed by Jones Ballard9 DAYS ON MARKET | 4 HOME OPENS | 36 INSPECTIONS | 10 WRITTEN OFFERS | More Salter Point homes and blocks needed urgently for qualified buyers. Please call Nik Jones 0417913966 to discuss how my unique selling strategies get my clients moved faster, with less stress, for a premium price.
Ideally set in an elevated position amongst stunning homes in the 'dress circle' of Salter Point, this prime 613sqm home site provides a rare opportunity to build a landmark residence in this desirable riverside enclave. With a wide 24.14m frontage and spectacular views to the river and hills, this is the ideal canvas for those seeking to create a truly unique masterpiece.
The existing circa-1970 built home with a retro aesthetic provides a comfortable option to live in or rent out while you work on plans for your dream home - or could even form the basis of an extensive renovation project. Within easy walking distance of the Canning River foreshore, close proximity to Aquinas College and with easy access to the city, this is a rare opportunity to acquire a substantial landholding in one of Perth's most tightly held riverside locations.
• Prime 613sqm survey-strata block with a wide 24.14m frontage
• Elevated position with superb views over the Canning River to the Perth Hills
• Prime 'Salter Point Peninsula' location amongst multi-million dollar homes
• Comfortable and spacious 3 bed 2 bath home with retro charm to live in/rent out
• Under-croft garage, plenty of off-street parking, big balcony with river views
Whether you are ready to build your dream home, looking for something to live in/rent out now and develop later, or are simply searching for a brilliant investment, this is an opportunity not to be missed. For further information, including guidance on pricing, please contact Nik Jones, or for the fastest, most detailed response, please send an email enquiry directly from this website.
THE DETAILS:
Local Authority: City of South Perth
Council Rates: $2,245.78
Water Rates: $1,173.18
Zoning: Residential R20
Title: Survey-Strata (no common property)
Listing description written by Nik Jones, Jones Ballard — reproduced as published, not verified by Districts.