Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Perth › Wellington St
For sale
For sale
1
Bedrooms
1
Bathrooms
0
Car spaces
95 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
Asking
No recorded sale price for this property yet.
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
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 95 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 $669/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 95 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
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker SubiacoSet within the iconic Warehouse 569, this unique split-level apartment presents a rare opportunity to secure a piece of Perth's architectural history while enjoying the convenience of vibrant inner city living. Sold fully furnished and currently leased, it offers an outstanding opportunity for investors seeking immediate rental income or buyers looking for a character filled city residence unlike anything else on the market.
Originally constructed in 1898, the heritage listed building showcases an abundance of original character, with soaring ceilings, timber lined ceiling features, beautiful timber flooring and oversized windows that flood the apartment with natural light. The spacious open plan living area provides a welcoming space to relax or entertain, while the functional kitchen is perfectly positioned to complement the home's practical layout.
The clever split-level design creates excellent separation between the living and sleeping quarters, with the upstairs bedroom complete with its own ensuite and adjoining study area. Reverse cycle air conditioning, an internal laundry, second WC and a private balcony add further comfort and convenience, while the apartment's elevated third floor position captures impressive city skyline views within a secure and highly sought after complex.
Perfectly positioned in the heart of Perth, you'll enjoy immediate access to some of the city's best cafés, restaurants, bars, boutique shopping and entertainment. Elizabeth Quay, RAC Arena, Kings Square, the Hay Street and Murray Street shopping precincts, public transport and countless lifestyle attractions are all just moments away, making this an exceptional opportunity to secure an iconic residence in one of Perth's most recognised heritage buildings.
FEATURES
• Fully furnished apartment with all furniture included in the sale
• Located within the iconic Warehouse 569 heritage building
• Built in 1898 with beautiful original character features
• Split level design with spacious open plan living
• Upstairs bedroom with private ensuite
• Separate study area
• Soaring high ceilings with timber lined ceiling features
• Timber flooring throughout
• Large windows providing excellent natural light
• Split system Reverse cycle air conditioning
• Internal laundry
• Second WC downstairs
• Private balcony
• Secure complex
• Two square metre basement storeroom
LOCATION
• Positioned in the heart of the Perth CBD
• Walking distance to Elizabeth Quay
• Close to RAC Arena and Kings Square
• Surrounded by cafés, restaurants, bars and boutique shopping
• Easy access to Hay Street and Murray Street shopping precincts
• Excellent public transport options nearby
• Moments from Perth's cultural and entertainment precinct
RENTAL ESTIMATE
• Previously rented at $710 per week
For more information or to arrange a viewing, contact Mark today.
*Please be aware there is no allocated parking for this unit, long term bays are available for rent across the road.
DISCLAIMER
This information is provided for general information purposes only and is based on information supplied by third parties including the seller and relevant authorities. While believed to be accurate, interested parties should rely on their own enquiries.
Listing description written by Mark Stanhope, LJ Hooker Subiaco — reproduced as published, not verified by Districts.