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WA › South Perth › Forrest St

56 Forrest St, South Perth WA 6151

For saleHouse for Sale

For sale

For sale

3

Bedrooms

1

Bathrooms

2

Car spaces

759 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 8 June 2026)
  • FactLand 759 m²; no building size recorded.(Property record)

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

No recorded sale price for this property yet.

South Perth at a glance

14,424

People

$2,400,000

Median sale

$712/wk

Median rent

1.54%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full South Perth report →

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. Listedprice unknownavailable8 June 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 759 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 $712/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

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

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 759 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

South Perth in one glance

South Perth at a glance

14,424

People

$2,400,000

Median sale

$712/wk

Median rent

1.54%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full South Perth report →

Keep researching

  • Why South Perth? Read the area thesis →
  • What else is on the market in South Perth →
  • Other records on Forrest St →

Listing material

Listed by Lally Real Estate

UNDER OFFER !!! UNDER OFFER !!! UNDER OFFER !!!

Set behind a private brick wall and gated entry on a prime parcel of land, this charming character residence enjoys a sought-after position in the heart of South Perth, directly opposite South Perth Primary School and just moments from the river, café precincts and all the lifestyle benefits this prestigious riverside suburb has to offer.

A character home with a quirky appeal, this three-bedroom, one-bathroom home welcomes you from the front verandah into a traditional hallway showcasing beautiful timber flooring underfoot. Positioned on either side of the hallway are two bedrooms, both featuring elegant French doors that enhance the home's charm.

Further along, the living room is filled with natural light and features a fireplace, creating a warm and welcoming space to relax. French doors open to allow an abundance of sunlight and fresh air, while the third bedroom is conveniently positioned nearby.

Read the full description

At the rear of the home, the kitchen and dining area form the heart of the residence. Bathed in natural light from an abundance of windows, this space enjoys an almost atrium-like feel while overlooking the backyard and revealing a delightful surprise, a below-ground swimming pool.

The bathroom is conveniently located adjacent to the kitchen, while the laundry is neatly concealed behind concertina doors, maximising functionality and space.

Step outside to an elevated decked patio where you can relax amongst the treetops and enjoy views across the backyard and sparkling pool below - the perfect setting for entertaining family and friends or simply unwinding in complete privacy.

Whether you're looking to move straight in, renovate, extend or build your dream home in the future, this is a rare opportunity to secure a valuable piece of real estate in one of Perth's most desirable riverside suburbs.

A prime South Perth opportunity not to be missed.

Council Rates: $2,584.86 pa

Water Rates: $1,300.22 pa

Listing description written by Steve Lally, Lally 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.