Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Wallace St
$942,000
Last sold
22 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
386 m²
Land
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
$942,000
22 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,281/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-3.6%
Median sale
Suburb $977,500
+0.13 pp
Gross yield
Suburb 3.63%
Suburb median $977,500 from 36 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 386 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 $682/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 386 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthTucked away in a quiet rear position, this solid brick and tile four bedroom, two bathroom home offers spacious, low-maintenance living perfect for families, first-home buyers or downsizers seeking a low-maintenance lifestyle while still being close to all amenities.
Inside, you'll find a thoughtfully designed layout with a separate front lounge providing a peaceful retreat, while the tiled open-plan living, dining and kitchen area forms the vibrant heart of the home. The kitchen is roomy and functional, boasting a practical U-shape design, overhead cupboards and plenty of bench space.
The master bedroom is a generous size and features a walk-in robe and private ensuite. Three minor bedrooms are impressively large and come complete with built-in robes, offering excellent storage and versatility. The home also includes a well-appointed family bathroom, laundry and a second toilet for added convenience.
Step outside to enjoy a paved patio area overlooking easy-care gardens that allow you to enjoy your outdoor space without the upkeep. A double garage with shopper's entry and a handy storage recess completes the package, providing both security and practicality.
Well-presented and well-positioned, this home delivers outstanding value in a sought-after location. Move in and enjoy comfort, space and convenience from day one.
Features Include;
• Private rear position
• Separate formal lounge room
• Bright open-plan living area with access to the outdoor entertaining
• Master bedroom with walk-in robe
• Three large secondary bedrooms with built-in robes
• Generous size kitchen with ample bench space and plenty of cupboard space
• Central bathroom with bath tub
• Spacious laundry
• Ducted evaporative air-conditioning
• Low-maintenance paved alfresco area, perfect for outdoor relaxation
• Double garage with storage recess
• Ducted evaporative air conditioning
• Easy-care gardens
• Water Rates: $1,385.44 pa
• Council Rates: $2,124.11 pa
• No Strata Levy
• Rent Potential: $850 pw
• Strata Lot Size: 386 sqm
Location Features:
• Just minutes from Belmont Forum, Centenary Park and Ascot Racecourse
• Easy access to Perth Airport, DFO and Perth CBD
• Close to Belmont Primary School, Notre Dame Catholic College and Belmont City College
Expressions of Interest Close 18 September 2025 at 7.30pm (unless sold prior).
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Michael Keil, The Agency Perth — reproduced as published, not verified by Districts.