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WA › Southern River › Walkingdale Promenade

52 Walkingdale Promenade, Southern River WA 6110

For saleHouse for Sale

$1,249,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

540 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,249,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,249,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 18% above the Southern River median recorded sale ($1,061,000, n=83, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Southern River's advertised median rent ($790/wk), implied gross yield would be 3.29% — 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

$1,249,000

Asking · $2,313/m² of land

No recorded sale for this property.

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Vs Southern River

+17.7%

Median sale

Suburb $1,061,000

-0.58 pp

Gross yield

Suburb 3.87%

Suburb median $1,061,000 from 83 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,249,000
Stamp Duty (Western Australia)
$55,439
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
$1,308,364

$59,364 on top of the price (4.8% 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 Southern River's advertised median rent — not a rent for this listing.

Net yield
1.79%
Annual cashflow (pre-tax)
$-42,603
Interest cover (DSCR)
0.34
Annual rent
$41,080
Operating expenses
$18,735
Loan amount
$999,200
Annual interest
$64,948
Gross yield
3.29%

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

  1. Listed$1,249,000available25 Aug 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 540 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 $790/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 3.3%. 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 540 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

Southern River in one glance

Southern River at a glance

16,598

People

$1,061,000

Median sale

$790/wk

Median rent

3.87%

Suburb gross yield

Median sale from 83 recorded sales (last 12 months) — a Districts calculation.

See the full Southern River report →

Keep researching

  • Why Southern River? Read the area thesis →
  • What else is on the market in Southern River →
  • Other records on Walkingdale Promenade →

Listing material

Listed by Nexus Realty

Spacious home for big family all within Blechley Park Primary School and Harrisdale SHSZ!

Welcome to this warm and inviting family home, perfectly positioned in a sought-after pocket of Southern River and within the highly sought-after Harrisdale Senior High School catchment.

Designed with growing and large families in mind, this spacious home offers an impressive combination of comfort, functionality and flexible living. From the moment you step inside, the light-filled open-plan design creates a welcoming sense of space, while multiple living and study areas provide plenty of room for everyone to work, relax and unwind.

At the heart of the home is a modern, well-appointed kitchen overlooking the main living and dining areas, creating an effortless hub for everyday family life and entertaining.

Read the full description

With four generous bedrooms plus flexible additional spaces that can accommodate a home office, nursery, study or fifth bedroom, this is a home designed to adapt as your family's needs change.

Property Features

- 4 spacious bedrooms, including a generous master suite with walk-in robe and private ensuite featuring a bath and separate WC

- Family bathroom with bath and enclosed shower

- Light-filled open-plan living and dining areas ideal for everyday family living and entertaining

- Modern kitchen featuring stone benchtops, stainless steel appliances, gas cooktop, breakfast bar and ample storage

- Flexible study/5th bedroom, ideal for guests, teenagers or working from home

- Additional expansive study/activity space, offering further flexibility as an office, nursery, playroom or extra bedroom

- Spacious backyard, with plenty of room for children, pets and family enjoyment

- Double remote garage with convenient shopper's entrance

- Located within the highly sought-after Harrisdale Senior High School catchment

- Conveniently positioned close to quality schools, parks, shopping, recreation facilities and public transport

Location Highlights

- Approx. 300m / 4-minute walk to Walkingdale Promenade Reserve

- Approx. 700m / 8-minute walk to Bletchley Park Primary School

- Approx. 1.1km to Centuria Southern River

- Approx. 1.1km to Bletchley Park

- Approx. 1.2km to Bunnings Harrisdale

- Approx. 1.6km to Castlewood Parkway Reserve

- Approx. 4.8km to Harrisdale Senior High School

- Convenient access to the new Thornlie-Cockburn Link, providing improved train connectivity to the Perth CBD, Cockburn Central and the wider rail network

- Easy access to Roe Highway and Tonkin Highway, making commuting across Perth convenient

Offering an outstanding combination of space, flexibility, location and family lifestyle, this Southern River home presents a fantastic opportunity for families looking to settle in one of the area's most desirable school catchments.

With schools, parks, shopping and improved rail connections all within easy reach, everything your family needs is close to home.

Don't miss your opportunity to secure a spacious family home within the sought-after Harrisdale Senior High School zone, with excellent access to schools, shopping and the new Thornlie-Cockburn rail connection.

Enquire today to arrange your viewing!

For further information, contact Tim on 0450 435 854 or Brooklin on 0452 463 462.

Listing description written by Tim Huynh, Nexus Realty — 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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