Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Cornwall St
$1,200,000
Last sold
22 Aug 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
567 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
$1,200,000
22 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Lathlain (last 5 years) with land size have a median of $1,893/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Lathlain
-22.1%
Median sale
Suburb $1,540,000
+0.63 pp
Gross yield
Suburb 2.23%
Suburb median $1,540,000 from 11 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 567 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 $660/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 567 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Jones Property GroupCentury 21 Jones Property Group is proud to present 40A Cornwall Street, Lathlain. If you are looking for a generous sized family home with internal living space in all the right areas, then this is definitely the one for you! Boasting excellent presentation this clean, and neat 4 bedroom, 2 bathroom home really has been well thought out at the time of construction and has an exceptional floor plan and loads of potential to tap into. This is no throw-away comment when internal living space is mentioned as you're sure to be impressed with the oversized bedrooms on offer and large living zones, giving this home a spacious feel from the minute you walk through the door! Combine this with easy-care low maintenance outdoor living that is neatly tucked away from street frontage, and you have the perfect base to enjoy a private inner-city lifestyle that is just minutes from some of Perth's best attractions. Key features include:
* Long driveway to the property offering the potential to have an electronic gate which would enclose the front yard and further tap into the potential on offer with the overall block.
* Versatile area in front of the home, currently used as a potential 3rd car bay and garden. With a little vision this could be either paved out in full allowing more room for parking and storing of vehicles or could even have new turf laid there for the kids or pets to utilise more!
* Large double garage with shoppers' entry.
* Spacious front theatre room with scope to also be a large 5th bedroom if desired.
* Good-sized Master bedroom walk in robe and ensuite.
* Ensuite to Master with shower, vanity and WC (1).
* Spacious main living room and dining/ meals area with outdoor access.
* Well-appointed kitchen with 4 burner gas cooking, tiled splashback, dishwasher recess, rangehood, large double-door fridge recess and 2 door pantry.
* Minor bedrooms 2, 3 and 4 are all a good size and fitted with built in robes.
* Laundry with linen storage and outdoor access.
* Separate WC (2).
* Main bathroom with bathtub, vanity and shower.
* Inviting outdoor alfresco area under the main roof, perfect for entertaining guests!
* Low maintenance paved areas to the perimeter of the house including a larger section to the rear corner of the block.
* Ducted air-conditioning throughout.
* Gas bayonet in main living room.
* NBN connected.
If you are looking for a home that is move-in ready but still offers plenty of upside to add your own touches and flair along the way, then this home needs to be at the top of your list to view! With recent updates carried out, the home presents very well and would be an excellent option for families, professional couples, investors or any buyers looking for a spacious home close to the city and surrounds. Property attributes aside, the location in the always in demand Lathlain speaks for itself, with easy local access to Lathlain Primary School, Rayment Park and the Lathlain Oval precinct, as well as just a short train or Uber ride having you at the Crown Entertainment Complex, Vic Park café strip, Perth CBD, the River and so much more, making it easy to see how Lathlain continues to be such a popular inner-city suburb to reside in! All home opens for this property are as scheduled on-line or if this sounds like the one for you, then don't delay in contacting Matthew Jones on 0432 440 453 and arranging your own private viewing today!
Listing description written by Matthew Jones, Century 21 Jones Property Group — reproduced as published, not verified by Districts.