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.
$900,000
Last sold
17 Apr 2026
2
Bedrooms
1
Bathrooms
2
Car spaces
144 m²
Land
88 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
$900,000
17 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Perth (last 5 years) with land size have a median of $5,394/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
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.
Vs Perth
-33.3%
Median sale
Suburb $1,350,000
+1.29 pp
Gross yield
Suburb 2.58%
Suburb median $1,350,000 from 10 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 144 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.
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 144 m² — that is not official geometry.
Nearby development pipeline
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 Realestate 88 East Perth46 Edward Street is more than a home — it's a strategic asset. Whether you're an investor, business owner, or lifestyle buyer, this property offers a rare combination of character, flexibility, and location that is almost impossible to replicate in Perth's inner city.
A property like this is almost impossible to find in Perth's inner city — a character-rich 1880's house that blends residential charm with commercial flexibility and short‑stay investment potential. Positioned on the doorstep of the CBD, 46 Edward Street offers a unique opportunity for owner‑occupiers, business operators, and Airbnb investors alike.
Originally built in 1880, this two-bedroom house carries the warmth and authenticity of its era, yet sits within a precinct that supports a wide range of uses. Whether you envision a stylish city residence, a boutique office, a consulting space, or a high‑performing Airbnb, this address adapts effortlessly.
The home sits on a 144m² lot and offers a practical layout ideal for both living and working. With no heritage restrictions and no bushfire or flood overlays, the property provides freedom for future improvements or reconfiguration (subject to council approval).
Located within the City of Vincent, the property enjoys excellent connectivity and walkability. The CBD, East Perth, Highgate, and Northbridge are all within easy reach, making it ideal for:
• Professionals wanting a home office close to the city
• Businesses seeking a character commercial space
• Investors targeting short‑stay demand from corporate travellers, tourists, and FIFO workers
The area is also well‑served by public transport, and the property benefits from reliable NBN FTTC and strong 5G mobile coverage — essential for both business operations and guest stays .
Short‑Stay & Airbnb Potential
With its flexible zoning context and proximity to Perth's entertainment, dining, and business districts, 46 Edward Street is perfectly positioned for Airbnb or short‑stay accommodation (subject to council requirements). Guests will love the character, convenience, and walkability — all major drivers of occupancy and nightly rates.
Commercial or Consulting Use-The property's layout and street presence make it suitable for a range of commercial uses (subject to council approval), such as:
• Creative studios
• Boutique agencies
• Consulting rooms
• Wellness or therapy spaces
• Small professional practices
Its charm and authenticity create an inviting environment for clients and customers.
Residential Appeal- For those seeking a home, the property offers:
• Two well‑proportioned bedrooms
• A functional bathroom
• Open living spaces
• A private outdoor area
• A character façade with timeless appeal
It sits within the intake zones for Highgate Primary School and Mount Lawley Senior High School, adding further value for future resale or rental appeal.
Property At a Glance:
- Survery Strata Title (No Strata Fees)
- Land area 144 sqm (approx.)
- Building area 88 sqm (approx.)
- Security Alarm
- Two street parking permits (free to residential and at a cost for commercial)
- Council Rate: $1,729 p.a (City of Vincent)
- Water Rate: $1,230 p.a
Call Terry Lu on 0410 213 027 for more information and to book an inspection.
DISCLAIMER:
Computer generated virtual furniture has been used in this advertisement. All distances are approximate and provided by google maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates and subject to change without notice.
Listing description written by Terry Lu, Realestate 88 East Perth — reproduced as published, not verified by Districts.
Nearby 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.