Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
WA › Alfred Cove › Canning Hwy
5
Bedrooms
1
Bathrooms
5
Car spaces
1,012 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Alfred Cove (last 5 years) with land size have a median of $2,471/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 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 1,012 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 $810/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 1,012 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
Alfred Cove at a glance
3,016
People
$1,600,000
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BourkesNEW PRICE - OFFERS FROM $1,290,000
DUPLEX BLOCK WITH INVESTMENT POTENTIAL
Introducing 649 Canning Highway, Alfred Cove, available exclusively through Bourkes Property. This 1950's, 5-bedroom, 1-bathroom green title property on a duplex block with multiple options is the one you've been waiting for. Conveniently located a short stroll away from shops, public transport & the Swan River, right across from the picturesque Tomkins Park and in one of Perth's most in demand riverside precincts, this one will not last!
Here are just a few reasons why this unique property is so special:
- 1,012m2 "North Facing" R20 duplex block (subject to WAPC approval)
- Option for the owner to retain the front house (minus the garage) and build at the rear
- Currently tenanted on a periodic lease at $350/week
- Rent appraised on a single lease at $750/wk
- For the savvy investor, there is the option to rent the rooms separately for a potential impressive rental income, i.e. five rooms at $300/wk each to students, a hypothetical $1,500/wk total return
- Option for business owners to operate out of the existing house, with a change of use having been previously approved by council
- Property includes air-conditioning, alarm system & network cabling from when previously used as an office
- To be sold on an "As Is" basis & with an electrical safety certificate
Properties with this many options do not last, so don't miss out on this exceptional opportunity.
To book a private viewing or find out when the next home open is, contact Lee Smith at Bourkes Property today on 0447 843 345 or lee@bourkes.com.au
City of Melville | $1,696 p/a
Water Corporation | $1,154 p/a
Listing description written by Lee Smith, Bourkes — reproduced as published, not verified by Districts.
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