East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
WA › East Perth › Joel Tce
$1,650,000
Last sold
20 Feb 2026
3
Bedrooms
3
Bathrooms
1
Car spaces
458 m²
Land
384 m²
Building
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
$1,650,000
20 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in East Perth (last 5 years) with land size have a median of $3,862/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs East Perth
0.0%
Median sale
Suburb $1,650,000
0.00 pp
Gross yield
Suburb 2.28%
Suburb median $1,650,000 from 5 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 458 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 $724/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 458 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
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Mark HayHidden behind the front wall rests a cute front courtyard that embraces this green-titled character charmer with the ability to be transformed into a truly spectacular abode. This diamond in the rough boasts a traditional bay window design with adjoining front verandah, high ceilings, jarrah floorboards, decorative ceiling roses and cornicing, feature fireplaces and bespoke wooden doors.
At entry level, this split-level home features 2 bedrooms with ensuite bathrooms, a formal lounge or 4th bedroom, cosy country kitchen, dining area, storeroom, single garage with shoppers entry and a large family room which opens out to a wrap-around entertaining balcony with some river views.
Downstairs is another combined living/meals area with a separate kitchen, 3rd bedroom with ensuite bathroom, wine cellar, sunroom and storage rooms. This leads out to the rear courtyard garden with garden beds and some under-home storage areas.
All the key elements are there for an astute buyer to work with to create a unique home on this 458sqm land holding in this sought-after Joel Terrace location, only a minute's walk to the river and the iconic Warndoolier Park (formerly Bank Reserve)
Walk out from your backyard and jog, run, walk or bike-ride along the river toward the city, or loop around the Burswood Peninsula or hop into your kayak to Claisebrook Cove or further to the South Perth foreshore.
In the evenings walk into the Mt Lawley Beaufort St café strip or wander over to the Burswood Casino and take your pick from the multitude of eateries and bars.
Being only 4km from the CBD, the location is hard to beat and within a few minutes' walk to the East Perth and Mt Lawley train stations. A short walk along the river rests the old East Perth Power Station, which played a big part in this year's Fringe Festival and is primed for a major cultural and entertainment development in the coming years.
For those for whom quality schooling is a priority, the property is circled by the highly regarded, Perth College, Trinity and Mercedes as well as being in the intake zone for Mt Lawley High School and Highgate Primary.
Simply living on Joel Terrace means you will also benefit from the great capital growth that this prized “street address” provides, as it sits pride of place amongst the number of large character and contemporary homes already adorning this street, regarded as the “jewel in the crown” of the entire Precinct.
Key features:
Renovators delight with split level rear offering some river views
1926-built green-titled character classic
Block size 458sqm – Approx 17m wide and 27m long
3 bedrooms with 3 ensuites
Optional 4th bedroom or formal feature lounge
Ornate features throughout upper level
Large entertaining rear deck
Potential building height 3 storey limit – subject to council approval
4km from the CBD
Walk to Mt Lawley and East Perth train stations
Intake zone for Mt Lawley High School
Sold in an “as is” condition
Call me now to secure this opportunity to let your creative juices flow and put your stamp on this true riverside precinct classic
Listing description written by Daniel Porcaro, Mark Hay — reproduced as published, not verified by Districts.