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WA › Peppermint Grove › Leake St

40 Leake St, Peppermint Grove WA 6011

House

$3,100,000

Last sold

14 Nov 2022

4

Bedrooms

3

Bathrooms

2

Car spaces

851 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 $3,100,000 (14 Nov 2022).(Recorded sale)
  • FactLand 851 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Peppermint Grove (last 5 years) with land size: median $4,816/m² of land (n=12). 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

$3,100,000

14 Nov 2022 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Peppermint Grove (last 5 years) with land size have a median of $4,816/m² of land (n=12). 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

-35.7%

Median sale

Suburb $4,820,000

+0.36 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

201720202022$4.2m$3.1m
  • Sold (recorded)
  1. Sold$3,100,00014 Nov 2022
  2. Listedprice unknowncompleted10 May 2022
  3. Soldprice unknown16 Nov 2020
  4. Sold$4,200,0008 Dec 2017
  5. Listedprice unknowncompleted18 Aug 2017
  6. Listedprice unknowncompleted1 Jan 2001

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 851 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 851 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 Wallace Realty

Grand Federation In Heart of Peppermint Grove

This Peppermint Grove residence perfectly encapsulates the grandeur of the Federation era with its true sense of elegance and romance.

Built in 1920, it has been restored and renovated into a stunning open plan modern house embracing all of the characteristic charm and sophisticated beauty of that period in history.

Located in the sought after river precinct, framed by a wide verandah, it blends high ceilings with generous proportions and is built in grand Federation style.

Read the full description

Just a short stroll to the beautiful Freshwater Bay river front, this home offers a superior lifestyle for the intended purchasers, minutes from some of Perth's most picturesque walks, in just a short walk to Cottesloe's fashion and cafe precinct.

Featuring trademark soaring ceilings, original polished timber floorboards with cornices, double-hung windows, leadlight doors and period detailing.

Offering an abundance of accommodation and entertaining options throughout, it blends top of the range fixtures and fittings and a strong sense of detail and design.

Renovated and remodelled to include zoned, ducted linear reverse cycle air conditioning throughout, it's true heart lies in the kitchen with entertaining zones fanning out in various directions.

A spectacular and imposing entrance with a century old leadlight door opens into a large central hallway with towering ceilings and rooms laid out either side.

Generously proportioned formal living and entertaining spaces flow easily into a modern, central kitchen with Caesar stone benchtops and ample benchspace and cabinetry.

There are four huge downstairs bedrooms with beautiful French doors opening two of the four bedrooms while the others have double-hung windows opening to the beautiful Northern sunlight.

The master suite is a luxurious and private haven with a walk in robe, stunning ensuite bathroom as well as an adjoining study.

An enormous attic provides plenty of storage options and a great sense of versatility for prospective buyers.

Boasting outdoor areas front and back, as well as fully reticulated gardens and a monitored security system, this is an exceptionally rare property in this tightly held river front precinct.

Located within easy reach of Perth's most prestigious schools and private colleges, this majestic home is surrounded by beautiful parks and playing grounds, tennis and golf clubs and some of Perth's premier retail and shopping precincts.

An historical home of grand proportions, this is a rare opportunity to purchase a slice of rare Peppermint Grove history in a competitive market.

Listing description written by Justin Wallace, Wallace Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Pool
  • In-Ground Pool
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.