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WA › East Fremantle › Richmond Circus

47 Richmond Circus, East Fremantle WA 6158

For saleHouse

$82,026

For sale

Asking

$1,350,000

Last sold

2 June 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

233 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $82,026 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $82,026(Listing record · 25 Aug 2026)
  • CalculationRecorded House sales in East Fremantle (last 5 years) with land size: median $3,668/m² of land (n=79). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 96% below the East Fremantle median recorded sale ($2,210,000, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Fremantle's advertised median rent ($862/wk), implied gross yield would be 54.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$82,026

Asking · $352/m² of land

Last recorded sale $1,350,000 (2 June 2026).

Local land rate: recorded House sales in East Fremantle (last 5 years) with land size have a median of $3,668/m² of land (n=79). Districts calculation from recorded sales — not a valuation.

East Fremantle at a glance

8,426

People

$2,210,000

Median sale

$862/wk

Median rent

2.03%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full East Fremantle report →

Vs East Fremantle

-96.3%

Median sale

Suburb $2,210,000

+52.62 pp

Gross yield

Suburb 2.03%

Suburb median $2,210,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$82,026
Stamp Duty (Western Australia)
$1,558
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
$87,509

$5,483 on top of the price (6.7% 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 East Fremantle's advertised median rent — not a rent for this listing.

Net yield
53.15%
Annual cashflow (pre-tax)
$39,328
Interest cover (DSCR)
10.22
Annual rent
$44,824
Operating expenses
$1,230
Loan amount
$65,621
Annual interest
$4,265
Gross yield
54.65%

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

2026$1.35m$82k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$82,026available25 Aug 2026
  2. Sold$1,350,0002 June 2026
  3. Listedprice unknowncompleted16 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 233 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 $862/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 54.6%. 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 233 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

East Fremantle in one glance

East Fremantle at a glance

8,426

People

$2,210,000

Median sale

$862/wk

Median rent

2.03%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full East Fremantle report →

Keep researching

  • Why East Fremantle? Read the area thesis →
  • What else is on the market in East Fremantle →
  • Other records on Richmond Circus →

Listing material

Listed by Grant Premium Property

New to Market

Timelessly Renovated, Perfectly Positioned in the heart of East Fremantle

Beautifully renovated with no expense spared, wonderfully low maintenance and positioned off George Street & directly opposite the greenery of Raceway Park, this elegant East Fremantle residence brings together quality, comfort and an exceptional lifestyle in one of the area's most appealing pockets.

Recently refurbished to an impressively high standard staying true to the East Fremantle heritage location, the home has been thoughtfully transformed with an emphasis on quality, longevity and timeless design. Warm, neutral tones, classic finishes, stone surfaces and quality European appliances create interiors that feel sophisticated yet relaxed, with every detail carefully considered to ensure the home will stand the test of time.

Read the full description

The ground floor is welcoming and light-filled, with the living and dining spaces connecting effortlessly to private outdoor areas at both the front and rear. Open the doors to the front courtyard and enjoy the outlook towards Raceway Park, or retreat to the rear courtyard for relaxed outdoor dining and entertaining. Thoughtfully placed garden lighting adds ambience to the outdoor spaces in the evening, creating an inviting setting for entertaining or simply relaxing at home.

At the heart of the home is the brand-new kitchen, beautifully finished with stone benchtops, quality custom cabinetry, premium European appliances and an integrated dishwasher. Designed to be as functional as it is attractive, the kitchen has a clean, seamless finish that complements the home's classic contemporary aesthetic perfectly.

Upstairs, three generous bedrooms provide a peaceful separation from the living spaces, all featuring built-in robes and brand-new carpet. The main bedroom is particularly special, opening onto its own private balcony overlooking the park and creating a lovely place to enjoy a morning coffee or unwind at the end of the day.

Both bathrooms are brand new, finished in a sophisticated, timeless style with quality fixtures and a warm neutral palette. Thoughtful storage throughout the home, including linen and under-stair storage, adds to the practicality.

Completing the property is a double garage with separate storeroom, providing secure parking and valuable additional storage, with convenient rear access.

The location is every bit as impressive as the home itself. Raceway Park is quite literally on your doorstep, while the much-loved George Street precinct, local cafés, schools and neighbourhood amenities are all within easy reach. Fremantle, the Swan River and the coast are only minutes away.

Turn-Key! Be the first to enjoy this home where the hard work has already been done. Beautifully renovated, easy to maintain and ready to simply move in and enjoy, it offers an enviable combination of timeless style and an unmistakably East Fremantle lifestyle.

Key Property Features

* Recently renovated throughout to an exceptionally high standard with stone, wood & granite features

* Premium refurbishment designed with quality and longevity in mind

* Beautiful warm and neutral colour palette with timeless finishes

* Brand-new kitchen with stone benchtops and quality cabinetry

* Quality European kitchen ASKO appliances

* Integrated dishwasher & plumbed in fridge with ice maker

* Brand-new bathrooms with quality fixtures and finishes

* Brand-new carpet throughout the upper level

* Manicured Private front courtyard with beautiful parkside outlook

* New Security Screens & camera

* LED Lighting and feature lighting throughout

* Rear garden courtyard ideal for outdoor dining and entertaining

* Garden lighting creating beautiful evening ambience

* Plantation shutters

* Brand new Separate laundry and additional WC

* New Ceiling fans and ducted heating and cooling

(new 7kw system with smart technology)

* Abundance of new double power points and phone charging stations

* EV car charging wiring ready

* New double garage door with separate storeroom

* NBN connection

* Rear access via the shared driveway from Tondarup Way with an abundance of bonus street parking

* Raceway Park, playground and green open space directly opposite

* 500m to the George Street precinct, cafés, local amenities and schools

* 500m to Alchemy Sauna & Spa

* Moments & easy riding to the Swan River, Fremantle and Port Beach

* School catchments include East Fremantle Primary School, Richmond Primary School and John Curtin College of the Arts

Council Rates: $2,332.89 per annum (approx.)

Water Rates: $1,400.15 per annum (approx.)

Strata Rates: $812 per quarter (approx.)

Listing description written by Team Grant, Grant Premium Property — reproduced as published, not verified by Districts.

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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.