Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Victoria Park › Mcmillan St
$1,700,000
Last sold
30 July 2025
4
Bedrooms
1
Bathrooms
9
Car spaces
1,015 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
Last sold
$1,700,000
30 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Victoria Park (last 5 years) with land size have a median of $3,414/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Victoria Park
+42.6%
Median sale
Suburb $1,192,500
-0.86 pp
Gross yield
Suburb 2.88%
Suburb median $1,192,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 1,015 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 1,015 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
Victoria Park at a glance
10,771
People
$1,192,500
Median sale
$660/wk
Median rent
2.88%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Baston & Co. PropertyAlbert Nelson built a house for his wife Avis Lloyd at 62 McMillan Street Victoria Park in 1928.
The Nelson's story is part of Victoria Park's very rich history, and is unusual as the home has stayed in the family since being lovingly built.
Currently configured as a 3 bedroom, plus study (previously used as a 4th bedroom), the home has been modified over the years to accommodate the needs of the families who lived there.
In the early 50's Albert and his son Alan (both aircraft mechanics) started Nelson Motors in the backyard.
It was a true family business.
Dad and son worked on the cars, mum (Beryl) did the deliveries and later Kaye their daughter worked in the office.
The business ran until 1991.
On 1015m2 this R30 block boasts side access and an impressive garage workshop, plus plenty of undercover parking.
You'll love the gorgeous red brick character home.
Immaculately maintained this home has truly stood the test of time and is a beautiful blank canvas, ripe to be re-purposed to suit your needs.
The impressively oversized living and family room was once two rooms now configured as one, and features a gorgeous big bay window.
The centre of past social gatherings, this could be the perfect open plan space for relaxing, or entertaining.
Imagine polishing boards, paired with the high ceiling - this space will be amazing.
It's hard to ignore the fantastic brick workshop/garage in the backyard!
Once housing workshop, parts storage and office space, there is approximately 200m2 under-roof!
The original car hoist from the 1950s remains in place, and could be an absolute winner for an enthusiast.
For your convenience there is also a powder room included in this Aladdin's cave of Vic Park mechanical history!
Zoned R30 there is the potential to subdivide into 3 lots (STCA), and with the existing side access there may be the opportunity to retain the front home and build behind.
There is under cover parking for 4 cars plus garaging for another in the workshop.
The low maintenance hardstand behind the gated driveway could be perfect for backyard cricket, basket ball and bike riding!
Incredibly well located, within walking distance of one of Perth's most vibrant restaurant and cafe strips, and with easy access to public transport.
Excellent public and private school options nearby serve to make this a real future-proof opportunity for the right Buyer.
Don't miss the chance to inspect.
Blocks this size on the city's doorstep are far from an everyday opportunity.
Information Pack available on request.
Council $2,075.21
Water $1,017.90
Listing description written by Lee & Derek Baston, Baston & Co. Property — reproduced as published, not verified by Districts.
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