Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Cornwall St
For sale
For sale
3
Bedrooms
1
Bathrooms
3
Car spaces
582 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
Asking
No recorded sale price for this property yet.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
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 582 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 582 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Jones Property GroupCentury 21 Jones Property Group is proud to present 54 Cornwall Street, Lathlain. Positioned on a healthy sized 582m2 approx. Green Title block sits this updated 3 bedroom home that provides a unique offering to the market! The humble exterior belies some of the work that has taken place inside the property with upgrades and renovations carried out in recent times to lift the internal presentation. What makes this a unique offering though is it's positioning with access from both Cornwall Street and also at the rear from Dupre Lane, making this a tantalising prospect for car enthusiasts and could open up a ton of possibilities. Whilst any dual crossover opportunities would be strictly subject to council approval, there are some qualities to this block that can't be ignored and for buyers who need to store a boat, trailer, or caravan the Dupre Lane access point is a rare find. Whilst work needs to be undertaken to realise the full potential on offer here, if you have a little vision and one eye on the future this could be the diamond in the rough you have been looking for! Key features include:
* Wide frontage to Cornwall Street that is a blank canvas to work with. There are certainly many options here to consider with this front yard including having it enclosed with a front fence to really maximise the full lot at your disposal.
* Brick and tile home with front porch. The external part of this property can easily be lifted with a potential rendered finish to consider in the years ahead.
* Master bedroom with mirrored built in robe and reverse cycle air conditioning.
* High ceilings and decorative cornicing to most of the home.
* Updated flooring to most of the home.
* Front lounge room with reverse cycle air-conditioning.
* Central dining / meals area.
* Kitchen with electric cook top, oven, grill, rangehood, tiled splashback and overhead cupboards
* Bedroom 2 centrally located within the home.
* Renovated bathroom with full height tiling, shower, deep bathtub and floating vanity.
* Laundry with WC.
* Bedroom 3 to the rear of the home.
* Under covered paved outdoor area and generous sized backyard. This space is a blank canvas but offers plenty to work with.
* Rear access off Dupre Lane with current carport structure. As mentioned above this is a huge selling feature for this property and offers loads of flexibility for those with specific parking needs.
* Outdoor shed / storeroom.
* NBN connected.
For buyers looking to get into the always sought-after area of Lathlain and want value for money as well as future upside, then this property would have to be under serious consideration. As mentioned above the parking options are unique and there's no doubt there is plenty of potential to work with here! The location needs no real introduction but safe to say you would be moving into one of Perths most popular inner-city locations that offers not only a great community vibe but also a level of convenience and connection with the CBD and surrounds that is hard to match.
With suburb highlights like Rayment Park, Kettle and Laika cafes, Lathlain Primary School and of course the home of the Perth Demons and West Coast Eagles at Lathlain Oval all close by and easy access to Optus Stadium, The River, Vic Park, the Airports and so much more, it's easy to see why Lathlain is the place to be! All home opens for this property are as scheduled online or to arrange your own private viewing contact Matthew Jones today on 0432 440 453.
Listing description written by Matthew Jones, Century 21 Jones Property Group — reproduced as published, not verified by Districts.