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WA › Caversham › Lexington Promenade

39 Lexington Promenade, Caversham WA 6055

House

4

Bedrooms

2

Bathrooms

2

Car spaces

524 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 524 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Caversham (last 5 years) with land size: median $1,910/m² of land (n=114). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Caversham (last 5 years) with land size have a median of $1,910/m² of land (n=114). Districts calculation from recorded sales — not a valuation.

Caversham at a glance

9,143

People

$920,000

Median sale

$662/wk

Median rent

3.74%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Caversham report →

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. Soldprice unknown22 Feb 2024
  2. Listedprice unknowncompleted14 Feb 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 524 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 $662/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 524 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

Caversham in one glance

Caversham at a glance

9,143

People

$920,000

Median sale

$662/wk

Median rent

3.74%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Caversham report →

Keep researching

  • Why Caversham? Read the area thesis →
  • What else is on the market in Caversham →
  • Other records on Lexington Promenade →

Listing material

Listed by The Agency Perth

Modern Elegance Meets Family Comfort

Introducing 39 Lexington Promenade in Caversham, a stunning modern parkside retreat perfect for growing families, first home buyers, or astute investors. This spacious 4-bedroom, 2-bathroom home boasts contemporary living at its finest. Step inside to discover a separate theatre for entertainment, complemented by a large open-plan family living area with soaring ceilings, offering panoramic views of the manicured backyard. The expansive kitchen features a scullery and convenient breakfast bar, ideal for casual dining. With a large 2-car garage and laundry room, convenience is paramount. Enjoy outdoor gatherings in the covered entertainment area, perfect for hosting friends and family year-round. Situated within close proximity to local schools such as Caversham Valley Primary School and Greenfield Park, residents also benefit from easy access to nearby shopping centers. Commuting to Perth city and the airport is a breeze, making this residence the epitome of modern suburban living with urban convenience.

Some of the incredible features include;

• Four Large Bedrooms: Ample sleeping space for the whole family or guests.

Read the full description

• Two Modern Bathrooms: Contemporary design and fixtures for comfort and style.

• Large Master Bedroom Suite: Retreat-like accommodation featuring custom walk-in robes and a luxurious modern ensuite, providing a private sanctuary.

• Three Queen-Sized Bedrooms: Generously proportioned rooms with convenient built-in robes, offering plenty of storage.

• Activity Room: Generous space that is versatile for family's needs.

• Separate Theatre Room: Dedicated space with built-in ceiling speakers for entertainment, movie nights, or relaxation away from the main living areas.

• Bright and Airy Open Plan Family and Dining Area: Spacious living space designed for comfort and togetherness, illuminated by natural light.

• Modern Kitchen: Well-appointed with state-of-the-art appliances, making meal preparation a breeze.

• Laundry with Lots of Storage Space: Functional and organized utility area to keep laundry tasks efficient.

• Covered Alfresco Area with Outdoor Kitchen: Perfect for outdoor dining and entertaining, rain or shine.

• Easy-Care Backyard: Low-maintenance landscaping for hassle-free outdoor enjoyment.

• Ability to add a pool: The backyard space is sufficient to add a pool to the property.

• Large full sized double garage to fit 2 modern SUV's with extra storage / workshop area.

• Ducted Reverse Cycle Air Conditioning: Climate control throughout the home for year-round comfort.

• 26L Instantaneous Gas Water Heater: Efficient and reliable hot water supply for daily needs.

• 6.6Kw Inverter Solar PV system with real time monitoring to maximise your energy savings.

Location Highlights:

• Greenfield Park: Convenient outdoor recreational space just a stone's throw away.

• Caversham Village Shopping Centre: A short walk away, featuring a Coles supermarket for everyday shopping convenience.

• Walking Distance to Caversham Valley Primary School and Nido Early Centre: Ideal for families with young children, offering proximity to quality education and childcare facilities.

• Short Distance to the New Upcoming Noranda, Brabham and Bennett Springs Metronet Stations: Convenient access to public transportation for easy commuting to various parts of the city and beyond.

• Short Drive to Swan Valley Vineyards, Cafes, and Restaurants: Explore the renowned wine region and indulge in culinary delights at charming cafes and restaurants, all just a quick drive away.

• Good Access to Tonkin and Reid Highway: Seamless connections to major roadways for convenient travel to the city, airport, and other destinations.

Fixed Date Sale – All offers presented by Wednesday 28th Feb 2024 by 5pm (Seller reserves the right to accept an offer prior to the end date)

Contact us at TEAM RASH now for more information & to secure this fantastic piece of real estate!!

Rash Dhanjal Mbl – 0410 564 761 | email rashd@theagency.com.au

Neel Nanwani Mbl – 0452 334 367 | email – neeln@theagency.com.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Rash Dhanjal, The Agency Perth — 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.