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WA › Nedlands › The Ave

38 The Ave, Nedlands WA 6009

House

$4,620,000

Last sold

30 Aug 2024

4

Bedrooms

2

Bathrooms

3

Car spaces

875 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $4,620,000 (30 Aug 2024).(Recorded sale)
  • FactLand 875 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nedlands (last 5 years) with land size: median $3,846/m² of land (n=43). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$4,620,000

30 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Nedlands (last 5 years) with land size have a median of $3,846/m² of land (n=43). Districts calculation from recorded sales — not a valuation.

Nedlands at a glance

12,570

People

$3,000,000

Median sale

$768/wk

Median rent

1.33%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Nedlands report →

Vs Nedlands

+54.0%

Median sale

Suburb $3,000,000

-0.47 pp

Gross yield

Suburb 1.33%

Suburb median $3,000,000 from 27 recorded sales (last 12 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$4,620,00030 Aug 2024
  2. Listedprice unknowncompleted24 July 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 875 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 $768/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 875 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

Nedlands in one glance

Nedlands at a glance

12,570

People

$3,000,000

Median sale

$768/wk

Median rent

1.33%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Nedlands report →

Keep researching

  • Why Nedlands? Read the area thesis →
  • What else is on the market in Nedlands →
  • Other records on The Ave →

Listing material

Listed by William Porteous Properties International

The Ultimate Floorplan for Western Suburbs Families

The perfect family home. Reside just moments from the Swan River foreshore in the heart of Nedlands in this magnificent family residence nestled within beautiful, landscaped gardens. Constructed in 2012, 38 The Avenue radiates a timeless, enduring aesthetic distinguished by its elegant pale render, vast expanses of glass and striking stone, and is a powerful statement of effortless style, understated elegance and modern luxury with grand proportions, abundant natural light and exceptional space.

Impressive in scale and design, uncompromising attention to detail is complemented by beautifully considered, coherent finishes setting an exceptional standard in refinement, sophistication and style. Generously proportioned rooms and a versatile floorplan offers superb functionality and excellent separation - each level is flawlessly planned, ensuring the home is incredibly easy to live in, with a series of perfectly zoned and integrated spaces for living, dining, entertaining and sleeping.

Fabulously large rooms flow from the wide entrance hall with a spacious bespoke home office/guest/5th bedroom located away from family living areas, overlooking soothing, landscaped gardens and a fabulous big screen cinema room with surround sound.

Read the full description

Across the rear, stunning, light filled open plan family spaces are gloriously expansive, yet clearly defined by function. Dining seats 10 or more with walls of glass framing spectacular outdoor entertaining and the large, comfortable living area is anchored by bespoke cabinetry and a beautiful feature stone wall. The substantial, magnificently appointed kitchen is a triumph of luxury and convenience offering the capacity to cater for the demands of a busy household or hosting big gatherings with a suite of integrated Miele appliances including a useful drinks/basic provisions fridge in the vast prep area, and a wall of floor to ceiling storage.

Huge stacking doors offer a seamless transition from indoors to outdoors - to a double storey alfresco perfect for relaxing on the lounge by the gorgeous pool and keeping an eye on the kids in the pool. There's a fully fitted alfresco kitchen with inbuilt BBQ, drinks fridge, sink, casual seating at the counter and plenty of additional space for dining and entertaining a crowd. There's enough lawn for the kids to play and a dog to run around, yet still be easy care and low maintenance too.

Upper-level accommodation is abundant and palatial - a heavenly primary bedroom with floor to ceiling windows overlooking rear gardens and the pool, a big walk in dressing room behind a feature bedhead wall and luxury split level en-suite, plus a huge entertainment/games/retreat room with kitchenette and a large, terraced balcony with gorgeous river views. Three king size bedrooms with built in robes share a generous family bathroom and there's a large sunny balcony at the front with sliding door access from the hallway overlooking pristine front gardens.

38 The Avenue is simply perfect. The ultimate Western Suburbs family home with an idyllic blend of lifestyle, luxury and location and superbly placed to indulge in everything this vibrant riverside precinct has to offer. Situated mere moments to the Swan River walking and cycle paths, close to a variety of bustling cafes, restaurants, local shops, Nedlands and Royal Perth Yacht Club, Matilda Bay and within a 10-minute drive to the CBD, Claremont, Cottesloe, Subiaco, excellent schools and beaches…

Features:

4 bedroom, 2 bathroom 3 living family residence

Internal building area of 466sqm, 876sqm block

Beautiful landscaped, easy-care gardens

Stone feature to façade

Primary bedroom with walk through dressing room

Luxury en-suite

Three large bedrooms with built in robes

Family bathroom with double vanity, walk in shower, bath, separate wc

Media/cinema room with surround sound

Huge entertainment/games/retreat with kitchenette to upper floor

Huge balcony terrace with built in seating at rear

Large balcony to front of home

Home office/guest/4th bedroom with built in robe and bespoke cabinetry

Huge open plan living and dining with large stacking doors to magnificent entertaining alfresco

Magnificent kitchen with stone counters, integrated Miele fridge/freezer x 2, Miele coffee machine, steam oven, pyrolytic oven, microwave/grill, warming drawer, dishwasher, integrated drinks/pantry fridge in island, wall of floor to ceiling storage

Bespoke workstation area

Huge alfresco with outdoor BBQ kitchen, stone counters, fridge, sink, casual seating at counter, ceiling fan, downlights, speakers

Dining and lounging areas

Pristine heated pool with decking surround

Media/cinema room with surround sound

Huge entertainment/games/retreat with kitchenette to upper floor

Central garden courtyard

Large laundry with floor to ceiling cabinetry, access to separate drying courtyard

Secure triple garage with storeroom

Auto gates

Listing description written by John Hunter, William Porteous Properties International — 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.