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WA › Peppermint Grove › Leake St

37 Leake St, Peppermint Grove WA 6011

House

$4,500,000

Last sold

14 Feb 2017

4

Bedrooms

2

Bathrooms

2

Car spaces

2,380 m²

Land

433 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $4,500,000 (14 Feb 2017).(Recorded sale)
  • CalculationLand 2,380 m² against a 433 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Peppermint Grove (last 5 years) with land size: median $4,702/m² of land (n=13). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$4,500,000

14 Feb 2017 · derived via latest_sale

Local land rate: recorded House sales in Peppermint Grove (last 5 years) with land size have a median of $4,702/m² of land (n=13). Districts calculation from recorded sales — not a valuation.

Peppermint Grove at a glance

1,727

People

$4,820,000

Median sale

$611/wk

Median rent

0.66%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Peppermint Grove report →

Vs Peppermint Grove

-6.6%

Median sale

Suburb $4,820,000

+0.05 pp

Gross yield

Suburb 0.66%

Suburb median $4,820,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

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. Sold$4,500,00014 Feb 2017
  2. Listedprice unknowncompleted3 Mar 2016

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 2,380 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 $611/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

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 2,380 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

Peppermint Grove in one glance

Peppermint Grove at a glance

1,727

People

$4,820,000

Median sale

$611/wk

Median rent

0.66%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Peppermint Grove report →

Keep researching

  • Why Peppermint Grove? Read the area thesis →
  • What else is on the market in Peppermint Grove →
  • Other records on Leake St →

Listing material

Listed by Acton | Belle Property Cottesloe

SUB DIVISION POTENTIAL

PRICE GUIDE: ALL OFFERS CONSIDERED.

There?s something intoxicating about this home ? the light falling through the majestic gums, the extensive grounds, and the history of the 1895 two storey home. Set on an incredible 2,380sqm of prime land just a stone?s throw to the river, this is the opportunity you?ve always dreamed about.

With a touch of Cloud Street and a breath of Anne of Green Gables, this extraordinary Canadian redwood and jarrah home has been a landmark in the suburb for 121 years, and in the one family for half that time. Spacious formal rooms offer the grandeur of yesteryear, with bay windows opening out to refreshing gardens and the tennis court.

Read the full description

Walking distance to Cottesloe Primary School, PLC, St Hilda?s and Iona, PLC and Scotch Rowing, Napoleon Street shops, library and public transport ? you could even walk home from RFBYC!

One of the original landholdings of Peppermint Grove, the years have been kind to this beloved family home. But the years roll by, and a new vision could gently usher this time-honoured lady into the 21st century. Seize the day and make this stunning opportunity your dream come true with huge potential to renovate and remodel.

Accommodation:

- Drawing room.

- Formal dining room.

- Sitting room opening to east gardens.

- Kitchen and casual meals.

- Paved shady alfresco.

- Original verandahs.

- Four bright bedrooms.

- Two bathrooms, one powder room.

- Laundry.

- Various sheds.

- Garage off ROW.

Features:

- River glimpses of Freshwater Bay.

- 2,380sqm of gently elevating land.

- Original 1895 home constructed of prefabricated Canadian Redwood.

- Timber floors, high ceilings.

- Arched bay windows to the garden.

- Verandah and balconies.

- Picture rails, chandeliers, open fires.

- Split system air conditioning in some rooms.

- Paved alfresco area with fish pond.

- Grass tennis and croquet court.

- Access to bore water well.

- Mature trees and gardens.

- ROW access to two sides.

- Category 1 Heritage with the Shire of Peppermint Grove.

- Sub division potential.

- Located east of View Street.

- Neighbours on one side only

The property has sub division potential. Feel free to call Peppermint Grove Council or WA Planning Commission for further information on sub division.

Rates:

- Council Rates: $3,062.77 P/A

- Water Rates: $1,173.13 P/A

*Please note that while best effort is made to ensure rates are correct at time of listing, they are provided for reference only and may be subject to change.

Listing description written by Deborah Brady, Acton | Belle Property Cottesloe — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Toilets: 3
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.