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WA › Bassendean › Fourth Ave

38A Fourth Ave, Bassendean WA 6054

For saleHouse

$1,150,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

463 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 21 Aug 2026)
  • FactLand 463 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bassendean (last 5 years) with land size: median $1,653/m² of land (n=110). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 5% above the Bassendean median recorded sale ($1,100,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bassendean's advertised median rent ($684/wk), implied gross yield would be 3.09% — 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

$1,150,000

Asking · $2,484/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Bassendean (last 5 years) with land size have a median of $1,653/m² of land (n=110). Districts calculation from recorded sales — not a valuation.

Bassendean at a glance

12,068

People

$1,100,000

Median sale

$684/wk

Median rent

3.23%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Bassendean report →

Vs Bassendean

+4.5%

Median sale

Suburb $1,100,000

-0.14 pp

Gross yield

Suburb 3.23%

Suburb median $1,100,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Western Australia)
$50,341
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
$1,204,266

$54,266 on top of the price (4.7% 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 Bassendean's advertised median rent — not a rent for this listing.

Net yield
1.59%
Annual cashflow (pre-tax)
$-41,482
Interest cover (DSCR)
0.31
Annual rent
$35,568
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
3.09%

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

  1. Listed$1,150,000available21 Aug 2026

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 463 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 $684/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

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 463 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.

Nearby

Nearby properties

  • 52A Fourth Ave, Bassendean WA 6054
  • 21A Fourth Ave, Bassendean WA 6054
  • 24 Rosetta St, Bassendean WA 6054
  • 47A Bridson St, Bassendean WA 6054

Area

Bassendean in one glance

Bassendean at a glance

12,068

People

$1,100,000

Median sale

$684/wk

Median rent

3.23%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Bassendean report →

Keep researching

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

Listing material

Listed by Professionals TWT Realty

ROOM TO LIVE, SPACE TO LOVE

Right in the heart of Bassendean's sought-after Avenues, this beautifully presented home delivers the space, style and modern comforts today's families are looking for.

From the wide welcoming entry and high ceilings to the freshly painted interiors and generous open-plan living, there's an immediate feeling of space and light.

The well-appointed kitchen takes centre stage overlooking the family living area, while the separate theatre room, alfresco entertaining and easy-care backyard give everyone room to relax, entertain and enjoy.

Read the full description

What You'll Adore!

• Spacious four-bedroom, two-bathroom front home

• High ceilings creating a wonderful sense of space

• Freshly painted throughout with modern downlights

• Wide and inviting entry

• Generous open-plan kitchen, dining and family living

• Well-appointed kitchen overlooking the family room

• 900mm oven and gas cooktop

• Dishwasher and Big walk-in pantry

• 3 spacious Minor bedrooms with built-in/sliding mirror robes

• Huge Main bedroom with ensuite featuring a double shower and Walk-in-robe

• Reverse-cycle ducted air conditioning throughout

• Spacious Theatre room

• Alfresco entertaining area perfect for family gatherings

• Easy-care rear gardens with enough lawn for children or pets

• Double garage with convenient shopper's entrance and remote sectional door

• Security screens and doors allowing you to enjoy the summer breeze while maintaining peace of mind

• Modern, fresh presentation with nothing to do but move in

• Fantastic Avenues location close to the river, cafés and Bassendean's amenities

• Built: circa 2009

• Block size: 463 m²

What's Around!

• Stroll to the Swan River and surrounding parklands

• Close to Bassendean's popular local cafés and restaurants

• Easy access to Bassendean town centre and everyday shopping

• Close to local schools and community facilities

• Enjoy the relaxed lifestyle of the Avenues

• Convenient access to train station and public transport

• A short drive to Guildford and the Swan Valley

• Easy access to Perth CBD and surrounding suburbs

If you're looking for a modern family home that gives everyone the space they need without giving up a fantastic location, this could be the one.

With four bedrooms, multiple living areas, a double garage and easy-care outdoor space, there's plenty of room to grow, relax and entertain.

Best of all, there's nothing to do but move in and enjoy.

Located right in the heart of the Avenues and close to the river, cafés and everything Bassendean has to offer, this is one you'll want to see.

Contact us today!

Paul Hanich: 0417 996 411 | paul@professionalstwt.com.au

Chrissie Hanich: 0417 926 736 | teamhanich@professionalstwt.com.au

NOTE: This property description provided is for general information purposes only. Professionals TWT believes that this information is true & correct but it does not warrant or guarantee the accuracy of the information. Prospective Buyers are asked to undertake independent due diligence regarding the property, as no responsibility can be accepted by Professionals TWT for any information that may be deemed incorrect.

Listing description written by Paul Hanich, Professionals TWT Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Toilets: 2
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.