Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Chester St
$685,000
Last sold
8 Dec 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
541 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
$685,000
8 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,293/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-29.9%
Median sale
Suburb $977,500
+1.55 pp
Gross yield
Suburb 3.63%
Suburb median $977,500 from 36 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 541 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 541 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroTo be sold by Expressions of interest closing at 4pm Sunday 15/10/2023. [Unless sold prior].
*Please note first home open is Saturday 7th October.
You are guaranteed to be super impressed with this very rare beauty tucked away in one of Belmont's best streets. The ideal place to give your family secure space and to grow and create memories to last a lifetime. The family home on a very generous GREEN TITLE block has 4 good size bedrooms, 2 bathrooms, beautiful north-facing alfresco space for entertaining, plenty of space for the family, and very easy low maintenance at the same time. The home layout provides for easy living with open plan kitchen dining area and separate formal lounge. The home is presented in excellent condition with nothing to spend. Being GREEN TITLE land you have the bonus of plenty of your own extra space for vehicle parking. Premium property such as this simply won't last!. The Belmont shire has enormous growth prospects being just minutes from the Perth CBD, Crown resort, Swan River, Belmont Forum shopping precinct, Ascot race course, and also the Redcliffe train station as well as the Perth airport DFO and ever-popular Costco. Belmont recently featured on a Perth Now article [September 7th] listed in the top 10 suburbs to buy in Australia.
Call Greg O today.
- 4 bedroom 2 bathroom brick and colour bond constructed family home on private GREEN TITLE 541m2.
- 2007 built home in super secure location.
- Carport for two cars plus room for extra vehicles.
- Tiled throughout main areas.
- Master bedroom with ensuite and walk-in robe.
- Reverse cycle air conditioning with split a/c units.
- Separate formal lounge.
- Excellent open plan layout with spacious kitchen and dining space.
- Bedrooms 2, 3 and 4 serviced by second bathroom which has shower vanity and bath.
- Security doors.
- Laundry with storage cupboards.
- Roof insulation.
- Big 7m x 4m [approx. patio alfresco space].
- Good size garden shed 4m x 3m [approx.].
- Garden reticulation.
Water rates: $1,293.59 p/a (approx.) - For period 01/07/2022 to 30/06/2023
Council rates: $1900.97 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Greg O, Porter Matthews Metro — reproduced as published, not verified by Districts.