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WA › Lamington › Ward St

41 Ward St, Lamington WA 6430

For saleHouse for Sale

$749,000

For sale

Asking

4

Bedrooms

3

Bathrooms

6

Car spaces

1,304 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 15 Apr 2026)
  • CalculationLand 1,304 m² against a 256 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 32% above the Lamington median recorded sale ($566,500, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lamington's advertised median rent ($692/wk), implied gross yield would be 4.80% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

The ask against the evidence

Asking

$749,000

Asking · $574/m² of land

No recorded sale for this property.

Lamington at a glance

2,229

People

$566,500

Median sale

$692/wk

Median rent

6.35%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Lamington report →

Vs Lamington

+32.2%

Median sale

Suburb $566,500

-1.55 pp

Gross yield

Suburb 6.35%

Suburb median $566,500 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Western Australia)
$29,689
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$782,614

$33,614 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lamington's advertised median rent — not a rent for this listing.

Net yield
3.30%
Annual cashflow (pre-tax)
$-14,199
Interest cover (DSCR)
0.64
Annual rent
$35,984
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
4.80%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$749,000available15 Apr 2026

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 1,304 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 $692/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

Gross yield if leased at the suburb aggregate is 4.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 1,304 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

Lamington in one glance

Lamington at a glance

2,229

People

$566,500

Median sale

$692/wk

Median rent

6.35%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Lamington report →

Keep researching

  • Why Lamington? Read the area thesis →
  • What else is on the market in Lamington →
  • Other records on Ward St →

Listing material

Listed by Rosella Realty

DUAL OCCUPANCY OPPORTUNITY - FLEXIBLE LIVING, TIMELESS CHARM, INCOME POTENTIAL

There are homes, and then there are homes that seem to whisper their stories as you walk through them.

Bishopbourne is one of those rare properties, now offering not only history and character, but remarkable flexibility for modern living and income generation.

Set proudly on a 1304sqm corner block along a wide, tree-lined street in the heart of leafy Lamington, this enchanting early 1900s residence feels like stepping back to a time where craftsmanship, charm, and opportunity quietly intertwine.

Read the full description

From the moment you arrive, there's a sense of occasion as you are welcomed through the original stained glass front door and into the sweeping entrance hall, where ceilings soar high above, adorned with ornate pressed tin and framed by timeless picture rails and ceiling roses.

Soft light filters through stained glass, casting coloured reflections that shift with the day, while elegant bay windows invite the outside in-leafy, peaceful, and ever-changing.

The home unfolds gently, room by room. Fireside evenings in the formal lounge, long dinners in the dining room, relaxed gatherings in the family spaces or around the pool, all centred around a place of connection.

There is space here, not just in size, but in feeling, and what makes Bishopbourne truly exceptional, is its ability to adapt to the way you want to live.

Thoughtfully configured, the home can function as one grand residence or be divided into two distinct, self-contained units, opening the door to multi-generational living, dual-income rental streams, or a 'live-in and lease half' arrangement.

Be surprised by the former chapel, once part of the original design, now thoughtfully transformed into a modern country kitchen, family dining and European laundry. The front and back wings can be separated into two independent units, both with direct pool and garden access, making the home ideal for guests, extended family, Airbnb hosting, or long-term rentals.

This unique layout allows for:

• Living in one residence while leasing the other

• Hosting short-stay accommodation or Airbnb

• Accommodating extended or multi-generational family

• Leasing both spaces for dual income returns

Beyond the walls, the grounds are equally evocative. Expansive, reticulated gardens wrap around the home-now resting, waiting for a new hand to bring them back to life. Once vibrant, they offer a canvas for something truly special again. At their heart, a below-ground pool shimmers in the Kalgoorlie sun, while a substantial, high-clearance workshop stands ready for work, storage, or creativity, with drive-through rear access.

Over time, Bishopbourne has evolved and today it offers not just beauty and history, but versatility rarely found in homes of this era.

At a glance:

• 4 bedrooms, 3 bathrooms

• Flexible dual-occupancy configuration:

- 2 bed, 1 bath residence

- 2 bed, 2 bath residence

• Ability to operate as one home or two self-contained dwellings

• Ideal for multi-generational living or dual-income potential

• Multiple living zones including formal and family spaces

• Converted chapel with modern country kitchen

• Large below-ground pool

• Expansive, reticulated gardens ready for revival

• Substantial workshop with extra-height drive through access

• Prominent corner block on a wide, tree-lined street in Lamington

Whether you choose to restore Bishopbourne to its former grandeur, live within its story, or fully capitalise on its dual-occupancy and income-producing potential, this is a home that offers something increasingly rare-flexibility, character, and opportunity in equal measure.

This is not just a home you buy, it's a story you continue. Your chapter at Bishopbourne begins here.

• Conjunctional agents welcomed

• Video walkthrough available

Ask for more information on Bishopbourne's rich history, from its early 1900s beginnings as a stately Brennan Brothers home to its time as the grand Bishop's Residence of the Eastern Goldfield

Listing description written by Alison Avery-Foy, Rosella Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Toilets: 3
  • Workshop
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.