Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Gardiner St
$902,000
Last sold
2 May 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
754 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
$902,000
2 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,293/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-7.7%
Median sale
Suburb $977,500
+0.30 pp
Gross yield
Suburb 3.63%
Suburb median $977,500 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 754 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 $682/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 754 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Urban SpringsThe instructions are clear - this property will be sold at auction and the motivation behind it could not be stronger! The owner is liquidating to meet pressing financial commitments, creating a genuine, no-nonsense must-sell scenario. Opportunities like this are rare, where timing, motivation and potential align so perfectly for the astute buyer.
Currently tenanted until January 2027 at $665.00 per week, the property delivers immediate income from day one. You can secure the asset now and enjoy steady returns while you plan, design or simply watch your investment grow in a tightly held, high demand location.
With R20/R40 zoning, the real upside becomes clear. Whether you are considering subdivision into two or three lots, a townhouse development, or exploring higher density outcomes (subject to approvals), the flexibility here is exceptional. You may choose to retain the existing home and land bank, renovate to enhance value, or move swiftly to develop - whatever your strategy, this is a canvas primed for reward. Large blocks with this zoning are increasingly scarce, making this an opportunity not to be overlooked.
Positioned for absolute convenience, you are just moments from local shops, cafes, supermarkets and schools, with seamless access to public transport, the airport and Optus Stadium. It's a location that continues to grow in popularity, underpinning both lifestyle appeal and long term value.
This is a compelling opportunity for developers, investors and forward thinking buyers alike... an asset offering immediate return, future flexibility and undeniable potential.
Auction day is approaching fast.
Act decisively - properties with this level of opportunity and urgency do not wait.
The Property:
• Built in 1964
• Brick & tile constructed home
• Generous front & rear yards
• 3 bedrooms, 1 bathroom
• Solid jarrah floors
• HITACHI reverse cycle air conditioner to master bedroom & living room
• Open plan kitchen & dining with front separate lounge
• Modern kitchen with CHEF cooktop/oven
• Good sized bedrooms
• Neutral toned bathroom with large shower, bath + vanity with storage
• Laundry with direct access to backyard
• Private toilet adjacent
• Enclosed backyard with patio
• Single carport with plenty of additional parking
• 754m2 - lot size
• R20/40 zoning
Auction Venue:
• 66 Gardiner Street, Belmont
• Saturday 2nd May 2026, 11:00am for a 11.30pm start unless sold prior
Auction Terms:
• $50,000 deposit on the fall of the hammer
• Sold 'as is' with no warranties
• Settlement 30 or 45 days (chosen by buyer at signing of contract)
Please Note: The seller reserves the right to sell the property prior to the auction and all offers are genuinely invited.
Disclaimer: We have in preparing this document, used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Highline Asset Pty Ltd ACN 137 025 015
Listing description written by Andrew Huggins, Ray White Urban Springs — reproduced as published, not verified by Districts.