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
$2,100,000
Last sold
2 Feb 2026
3
Bedrooms
2
Bathrooms
6
Car spaces
1,009 m²
Land
385 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
$2,100,000
2 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 $4,623/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
+27.3%
Median sale
Suburb $1,650,000
-0.49 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 1,009 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 1,009 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 HayCountry style living welcomes you at 44 Joel Terrace East Perth in this unique European village – style abode.
Secluded from the street at the end of a long driveway, you will appreciate countless hours spent on the huge entertaining rear deck overlooking towering trees and evergreen fauna circling the adjoining parkland and the nearby shore of the Swan River winding its way across to Burswood.
Either utilize the R60 zoning to create a new development , otherwise, this is one for those that want something different to everyone else, where you can wake up to the sound of the cockatoos and watch the daily activity of the joggers and cyclists and dog walkers and occasionally take a walk yourself along the bike path and over the Matagarup Bridge to Optus Stadium and the Burswood Casino.
With the high-truss workshop, the adjoining carport and the extra-long driveway, you can comfortably park your caravan, boat and another 5 or 6 vehicles for the car enthusiasts
This unique split level home sits on 1009sqm and was built in 1995 with a striking mix of building components including exterior limestone block walls, interior feature limestone rock walls, exposed granite foundations, timber lined ceilings and travertine flooring.
At entry level you are welcomed by leadlight door entrance and you walk into the hub of the home with the huge open plan kitchen/dining and family room. The modern kitchen features stone benchtops and glass splash-back with stylish 5 burner gas cook top and ample cupboard space that will please the gourmet chef in everyone.
Also at this level rests the spacious master bedroom with built in robes and a classy ensuite, the 2nd bathroom with separate toilet and a second living area with multiple use options as either a massive office or games room or lounge retreat.
The large 40sqm rear entertaining balcony is complemented by a built-in barbecue and acts as the perfect extension of the family room allowing for large family gatherings all year round.
Make your way down to the lower rear section of the home and you have the second and third bedroom conversions which are both massive sized rooms which can comfortably include study desks and retreat lounges and bathe in the natural light flooding in from the entrance to the rear garden facing the river.
Completing this level is a handy storeroom or take advantage of the natural coolness to transform this into the ideal cellar.
Equally as pleasing as the quality and rustic ambience of the home is the brilliant location which will entice you with its close proximity to the river, the new Optus Stadium, the Mt Lawley and East Perth train station, the Mt Lawley café and shopping precinct and St John Of God Hospital. Also appealing for those looking for a family home, is the variety of great schools including Trinity, Mercedes, Perth College, Mt Lawley High School and a number of Catholic and Public Primary Schools.
Take a one-minute walk to the ever-popular Banks Reserve, the melting pot for the local community on weekends and weekdays with a new adventure playground, multiple gas BBQs, basketball hoops, skate ramps and a permanent amphitheatre for summer performances.
The Swan River foreshore is the perfect backdrop for those wishing to do some early morning yoga or launch a kayak or try to catch the odd fish or two.
Bike ride or enjoy long walks to the city and Elizabeth Quay or across the bridge to Burswood or go further to Fremantle and back if you wish.
The proposed multi-million-dollar redevelopment of the old East Perth Power Station into an entertainment and cultural venue will eventually become yet another attraction for the local community.
With the rarity of green-titled homes with river views coming up for sale in Mt Lawley, don't miss out on the opportunity to view 44 Joel Terrace and let your senses tell you if this is the home for you.
Key Features:
• Green titled split-level home on 1009sqm block
• Zoning R60
• Subdivision potential - grouped dwellings, multiple dwellings (apartments)
• Unique limestone rock feature walls
• Open plan Kitchen/Dining/Living with timber lined ceilings
• Modern kitchen with stone benchtops, island bench and glass splash-back
• 5 burner gas cooktop, double bowl sink, oven and rangehood
• Entry level entertainment deck with stunning river and park views.
• Master bedroom at entry level with ensuite bathroom and walk-in robe
• 2 double bedrooms at lower level with access to rear yard
• Second living area also at entry level
• Ground level spacious lawn area
• Massive workshop or 4 car garage
• Stylish travertine flooring through living areas
• Stone benchtops throughout
• Split system air conditioning
• Room to park a boat and caravan
• Sought-after Banks Reserve precinct
Disclaimer: All particulars, photographs, videos, plans and information provided on this website are for general informational purposes only and do not constitute any representation or warranty by the vendor or agent. While every effort has been made to ensure the accuracy, completeness, and currency of the information presented, these are a collection of views and thoughts only. It is not intended to be legal, financial, or real estate advice in any shape or form. Users are strongly encouraged at all times to conduct their own due diligence and seek independent professional advice tailored to their individual circumstances before making any legal, financial, or property-related decisions.
Listing description written by Daniel Porcaro, Mark Hay — reproduced as published, not verified by Districts.