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WA › Bayswater › King William St

53 King William St, Bayswater WA 6053

For saleLand for Sale

$620,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

532 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $620,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $620,000(Listing record · 13 Nov 2025)
  • FactLand 532 m²; no building size recorded.(Property record)
  • CalculationAsk is 51% below the Bayswater median recorded sale ($1,270,000, n=115, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bayswater's advertised median rent ($696/wk), implied gross yield would be 5.84% — 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

$620,000

Asking · $1,165/m² of land

No recorded sale for this property.

Bayswater at a glance

17,460

People

$1,270,000

Median sale

$696/wk

Median rent

2.85%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Vs Bayswater

-51.2%

Median sale

Suburb $1,270,000

+2.99 pp

Gross yield

Suburb 2.85%

Suburb median $1,270,000 from 115 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$620,000
Stamp Duty (Western Australia)
$23,465
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
$647,390

$27,390 on top of the price (4.4% 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 Bayswater's advertised median rent — not a rent for this listing.

Net yield
4.34%
Annual cashflow (pre-tax)
$-5,348
Interest cover (DSCR)
0.83
Annual rent
$36,192
Operating expenses
$9,300
Loan amount
$496,000
Annual interest
$32,240
Gross yield
5.84%

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$620,000available13 Nov 2025

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 532 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 $696/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 5.8%. 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 532 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

Bayswater in one glance

Bayswater at a glance

17,460

People

$1,270,000

Median sale

$696/wk

Median rent

2.85%

Suburb gross yield

Median sale from 115 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Keep researching

  • Why Bayswater? Read the area thesis →
  • What else is on the market in Bayswater →
  • Other records on King William St →

Listing material

Listed by Lay2 Real Estate

Hillside Land in a Central Bayswater Location.

Lot 1 Now "SOLD"

Lot 2 (approx 532 m²). "NOW UNDER OFFER"

Set high on the hill in one of Bayswater’s most desirable pockets, these two elevated lots at 53 and 53A King William Street present a rare opportunity to design and build your dream home with outlook and lifestyle in perfect harmony.

Read the full description

Perfect blocks to build a pole style home to give you elevation above the street, mature trees at the front of the lots allow for screening to create a hideaway privacy.

Commanding a unique, elevated position with pleasant district views, each lot — 471 m² and 532 m² — offers generous proportions and flexibility for your preferred home design.

Accessed via Station Street, a cul-de-sac just moments from Hamilton Reserve, these hillside lots combine practicality, and connection. The sloping terrain lends itself to designs that capture natural light and embrace the surrounding outlook.

Moments from Bayswater Village, the new train station, and the Swan River, this sought-after location blends community charm with everyday convenience. Whether you’re an owner-occupier looking to create your forever home, or a builder seeking a boutique project, this is an opportunity that balances position, potential, and lifestyle.

Additional Features Include:

✓ Two elevated lots — Lot2 471 m² (Now "Under Offer") and Lot2 approx. 532 m²
Offers from $600,000.

✓ Pleasant district views

✓ Access via quiet Station Street cul-de-sac

✓ Gently sloping terrain ideal for custom designs

✓ Titles currently being processed and to be issued soon

✓ Walkable location close to cafés, parks & transport

Lifestyle-Focused Location

Enjoy the ease of Bayswater’s connected community:

• Walk to local cafés, parks, and train station

• Minutes from the Swan River and riverside reserves

• Close to schools, shopping, and everyday amenities

• Peaceful setting in a well-established pocket

Outgoings (approx.):

• Council Rates: $1,590

• Water Rates: $795

Important: Titles for both lots are currently being processed and will be issued in due course.

For more information or to register your interest, contact:

Mick Lay

📞 0434 774 939

🌐 www.Lay2.com.au

📧 michael@lay2.com.au

Listing description written by Mick Lay, Lay2 Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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