Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Wallace St
$1,200,000
Last sold
31 Mar 2026
3
Bedrooms
2
Bathrooms
4
Car spaces
763 m²
Land
187 m²
Building
Districts View
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
31 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,281/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
+22.8%
Median sale
Suburb $977,500
-0.67 pp
Gross yield
Suburb 3.63%
Suburb median $977,500 from 36 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 763 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 $682/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 763 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals BW Backhouse & AssociatesWelcome to 41 Wallace Street in Belmont, a quality designed and upgraded home that's been well tended over the years with 187sqm under roof on a 763sqm block
The photos show that the modern upgrades have been well thought through with the decor of the rest of the home giving a modern touch to the spacious and well constructed home
From the front verge the home is bordered by hedges and border fence and gate, well established lawns and border garden that are reticulated off timer.
Internally the home is comprised of two different living zones comprised of a formal lounge and office or dining, at the front as you enter through the front door.
Then a well-appointed kitchen opposing a cavernous family room that has full glass sliding doors opening out to the high gabled patio over paving and complimenting lawned area at rear.
Inside, to the other side of the home linked up to the passage you'll find three generously sized bedrooms, all thoughtfully designed to provide comfort and flexibility with built-in robes which offer ample storage and help keep the home clutter-free.
Two bathrooms that are of a similar decor with quality fittings and features.
The common bathroom has a separate bath and shower, while the ensuite is even larger and has his and hers vanities, and the extra storage within lies discreetly behind sliding cupboard doors.
The well-equipped kitchen, is thoughtfully designed for both everyday cooking and entertaining
With ample bench and cupboard space, a square design for functional layout, gas cooktop and electric oven, a modern inbuilt dishwasher, while there is a rangehood over the cooking area.
The kitchen also lies opposite the dining area, and family room so providing meal preparation and hosting is a breeze.
The home has living area filled with natural light and ideal for relaxing after a long day, or alternatively all round roller shutters throughout can transform the home to one of complete lockup for security for those who lock and leave, or just want a cool and dark home to block out the light at will.
Air conditioning ensures year-round comfort, while gas heating is also in place.
There is a 15 Panel Solar System for energy saving
The well-appointed bathrooms are complemented by a separate toilet, adding practicality and convenience for busy household, while the master ensuite has its own toilet.
3 tier Water Filtration system to every water outlet.
Step outside and enjoy your own private outdoor area with the large decked Patio an inviting space to unwind, enjoy a morning coffee, or host weekend gatherings.
The home is framed by low maintenance landscaped gardens, creating a peaceful and attractive setting without the burden of extensive upkeep.
Adding to the home's appeal is a side access to the secure double garage with roller door, with extra space for the storage above with a mezzanine level, providing safe and secure storage of some of the larger outdoor items with 3Phase wiring available, Garage equipped with Metal Shelving
Extra hardstand parking in front of the garage but behind the front gate, or if you need to utilise the garage as storage or work-shed.
Garage equipped with Metal Shelving
Whether you need extra space for children, guests, for those that entertain often or a dedicated home office, this layout adapts effortlessly to your lifestyle.
Positioned in the highly sought-after suburb of Belmont, this property is close to many local shops, cafes, schools, a short walk away from the local reserves, and public transport, making daily errands and daily commutes effortless.
The home represents an outstanding opportunity to secure a comfortable and stylish home in a prime location, close to airports, Crown complex and the Belmont Shopping Centre, Costco & DFO , while close to the arterial roads of Canning and Tonkin Highway can easily take you further afield for reduced travel time
OUTGOINGS
• Shire: $1,861-pa
• Water: $1,203-pa
• Strata; NIL - Green Title House
The owners have moved out of Perth a couple of years ago and having now satisfied themselves with their new locality are letting the home go to new owners.
***The property is being offered on an End Date Sale terminating on Tuesday 17th of February at 4pm***
Please see the Home Open times advertised
If you cannot make those please call me to arrange a private appointment, prior to the 17th of February
Please note: The seller reserves the right to transact the property at any stage of the sale campaign but updates will be posted through the Openn check in system for all Attendees, Observers and Buyers
Simon: 0422 059 036
Listing description written by Simon Backhouse, Professionals BW Backhouse & Associates — reproduced as published, not verified by Districts.