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WA › East Bunbury › Forrest St

6 Forrest St, East Bunbury WA 6230

For saleHouse for Sale

$775,000

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

799 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $775,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $775,000(Listing record · 20 July 2026)
  • CalculationLand 799 m² against a 108 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 6% above the East Bunbury median recorded sale ($730,000, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Bunbury's advertised median rent ($601/wk), implied gross yield would be 4.03% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$775,000

Asking · $970/m² of land

No recorded sale for this property.

East Bunbury at a glance

4,576

People

$730,000

Median sale

$601/wk

Median rent

4.28%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full East Bunbury report →

Vs East Bunbury

+6.2%

Median sale

Suburb $730,000

-0.25 pp

Gross yield

Suburb 4.28%

Suburb median $730,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$775,000
Stamp Duty (Western Australia)
$31,028
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
$809,953

$34,953 on top of the price (4.5% 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 East Bunbury's advertised median rent — not a rent for this listing.

Net yield
2.53%
Annual cashflow (pre-tax)
$-20,673
Interest cover (DSCR)
0.49
Annual rent
$31,252
Operating expenses
$11,625
Loan amount
$620,000
Annual interest
$40,300
Gross yield
4.03%

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$775,000available20 July 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 799 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 $601/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 4.0%. 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 799 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

East Bunbury in one glance

East Bunbury at a glance

4,576

People

$730,000

Median sale

$601/wk

Median rent

4.28%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full East Bunbury report →

Keep researching

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

Listing material

Listed by DPM Property Specialists

Character, Location and Outstanding Development Potential

Positioned in one of Bunbury's most sought after and tightly held suburbs, 6 Forrest Street presents an exciting opportunity to secure a character filled home on a substantial 799sqm block with valuable R40/80 zoning.

Whether you are searching for a charming home to make your own, a well located investment, or a development opportunity in a high demand location, this property offers exceptional versatility and potential for the future.

Inside, the home retains plenty of warmth and character, with polished timber floors, 3 generously sized bedrooms, a functional kitchen and a separate dining area. Outside, the expansive backyard provides an impressive amount of space to enjoy now, while opening the door to a range of future possibilities.

Read the full description

The property's R40/80 zoning is a standout feature, providing for higher density residential development and offering exciting potential to make greater use of the substantial 799sqm block. Depending on the proposed design and satisfaction of the relevant planning requirements, buyers may wish to explore subdivision or a multiple dwelling development, retain and renovate the existing home, or hold the property as a long term investment.

East Bunbury continues to be one of the area's most desirable locations, loved for its established streets, character homes and outstanding proximity to everything Bunbury has to offer. From here, you are just moments from the picturesque Leschenault Inlet, waterfront walking paths, popular cafés and local parks, while the Bunbury CBD, Bunbury Forum Shopping Centre, schools and essential services are all conveniently close.

Property features include:

• 3 generously sized bedrooms

• 1 bathroom

• Charming character home

• Beautiful polished timber floors

• Functional kitchen with adjoining separate dining area

• Spacious backyard with excellent potential

• Generous 799sqm block

• Highly desirable R40/80 zoning

• Opportunity to renovate, invest or explore future development

• Conveniently positioned close to the Leschenault Inlet, cafés, shopping, schools and the Bunbury CBD

Properties combining character, a substantial parcel of land and higher density zoning in such a desirable central location are increasingly rare. This is an opportunity with immediate appeal and enormous potential for the future. Don't miss out, contact me today.

**All development and subdivision possibilities are subject to approval by the relevant authorities. Buyers should conduct their own due diligence regarding the zoning, applicable density coding and development potential.

Listing description written by Natalie Byrne, DPM Property Specialists — reproduced as published, not verified by Districts.

Property features

  • Floorboards
  • Living Areas: 1
  • Shed
  • Toilets: 1

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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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.