Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Victoria Park › Mcmaster St
$1,650,000
Last sold
16 May 2026
3
Bedrooms
1
Bathrooms
6
Car spaces
701 m²
Land
59 m²
Building
Districts View
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
16 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Victoria Park (last 5 years) with land size have a median of $3,414/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Victoria Park
+38.4%
Median sale
Suburb $1,192,500
-0.80 pp
Gross yield
Suburb 2.88%
Suburb median $1,192,500 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 701 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 $660/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 701 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
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ace Realty* * * SOLD by ACE REALTY * * *
* EXPRESSIONS OF INTEREST - CLOSED *
Ace Realty proudly presents this high-potential landholding For Sale by Expressions of Interest. All offers must be submitted by Tuesday, 19 May at 4.00pm (AWST), unless sold prior.
Positioned on a generous 701sqm landholding in one of Perth's most sought-after inner-city pockets, this property presents an exceptional opportunity for developers, investors, and owner-occupiers alike. Zoned R60, the property offers outstanding redevelopment potential for medium-density housing including townhouses or apartments (STCA), with typical allowances supporting up to three storeys (approximately 11.5 metres). This flexible zoning enables strong yield potential and design versatility in a high-demand urban location, with city views from the property and the potential for more expansive views from a future development.
A key feature of the property is the rear right-of-way (ROW) running along the north-eastern boundary, providing direct access to the rear of the site. This configuration enhances development efficiency, allowing for improved vehicle access, rear-loaded designs, and streamlined site planning.
A potential four-lot subdivision (maximum), subject to Council and WAPC approval, demonstrates how each lot could benefit from access via the ROW, further reinforcing the site's strong development credentials.
The property is zoned R60 - Residential under the Town of Victoria Park LPS2. Planning approval has previously been granted for use as consulting rooms, which may allow for the continuation of this use. Future owners may explore similar or alternative uses, subject to Council approval (STCA), providing additional flexibility while longer-term redevelopment plans are considered.
Ideally located just moments from the vibrant Victoria Park café strip and only minutes to the Perth CBD, the property enjoys excellent access to public transport, schools, parklands, and an array of lifestyle amenities. Combining prime positioning, flexible zoning, and strong development fundamentals, this is a rare opportunity to secure a high-potential site in a thriving inner-city precinct.
NEARBY:
- 50m Albany Highway District Centre shops and cafes
- 300m Victoria Park Primary School
- 590m Ursula Frayne Catholic College
- 880m McCallum Park
- 950m Victoria Park Station
- 1.4km Hawaiian's Park Centre Shopping Centre
- 1.6km Kent Street Senior High School
- 1.7km Crown Perth
- 2.0km Mineral Resources Park
- 5.0km Curtin University
AREA (approx.)
701sqm (land)
59sqm (floor)
YEAR BUILT
1982
ZONING
R60 - Residential (Town of Victoria Park LPS2)
RATES (approx.)
Council: $2,081 pa
Water: $1,111 pa
For more information, please contact:
Frank Sanchez 0419 367 999
Michael Quirici 0402 085 533
Or email sales@acerealty.com.au
Please note: The sellers reserve the right to sell the property at any stage prior to the set date and time of expiry.
DISCLAIMER: While every effort has been made to ensure the accuracy of the information provided, Ace Realty and its representatives make no warranties or guarantees as to its completeness, accuracy, or reliability. All property details, including but not limited to pricing, availability, and features, are subject to change without notice. Prospective buyers are advised to make their own inquiries and conduct inspections to verify the accuracy of the information provided. The details contained herein are for informational purposes only and do not form part of any offer or contract. Ace Realty accepts no liability for any reliance placed on this information by any party.
Listing description written by Frank Sanchez, Ace Realty — reproduced as published, not verified by Districts.