East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
WA › East Victoria Park › Willis St
3
Bedrooms
1
Bathrooms
2
Car spaces
430 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 East Victoria Park (last 5 years) with land size have a median of $2,755/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 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 430 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 $651/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 430 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
East Victoria Park at a glance
12,679
People
$1,250,500
Median sale
$651/wk
Median rent
2.71%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Victoria ParkThis is a rare chance to secure one or both of two 430m² green titled blocks in the heart of East Victoria Park. Currently, an older rentable house sits across both lots. The sellers have plans to demolish the house as soon as the necessary permits are received, presenting buyers with multiple opportunities to invest, develop, or build their dream home.
Located within walking distance of Fraser Park and Ursula Frayne College, these properties are in a prime position just moments from the vibrant Albany Highway café and shopping precinct. Curtin University is only 4km away, making this a fantastic location for student accommodation, while the Perth CBD is just 7km away. Public transport is easily accessible, with bus services on Berwick Street, providing convenience for city commuters and helping to future proof transportation and parking costs. Kent Street High School and other local amenities are also just a short distance away.
For buyers looking to invest, the option to purchase the property as-is offers immediate rental income. The existing three bedroom home with a sleep-out is well suited for singles or a young family. The property has a strong rental history, with current tenants paying approximately $650 per week. With ample onsite parking for up to four tenants and their guests, it presents a solid investment with on call redevelopment potential. All essential services, including gas, water, electricity, and NBN, are already connected. As a double block property with only one council rates notice, this option also provides cost savings while offering flexibility for future plans, whether that involves retaining one block and selling the other or constructing a larger home across both lots.
For those interested in purchasing a single block, the sale will be subject to the demolition of the existing house. Both blocks have been green titled for over 60 years, meaning no subdivision approvals are required. Once a contract is in place, the sellers will proceed with demolishing the house, clearing the land, removing vegetation, re-pegging the site, and replacing existing asbestos fencing with modern Colorbond fencing. This ensures that buyers will receive a ready to build site, perfect for designing the ideal home or investment property.
With a sought after location, excellent street orientation, and close proximity to parks, schools, and major amenities, this property presents an outstanding opportunity for investors, developers, and homeowners alike. Whether you're looking to purchase the entire property, secure one of the blocks, or take advantage of the existing rental income, this is a unique chance to be part of the exciting transformation of East Victoria Park.
Option 1:
Purchase As-Is and rent out the property as long as needed. It is a 3 bed plus sleep-out property suiting 3 to 4 singles or young family. Toilet is separately located from the bathroom. Being a double block there is enough onsite parking for 4 tenants as well as their guests. Being close to the Curtin University finding student tenants should be easy. The current tenants have been at the property for several years. Approximate rental returns are north of $650pw.
Gas, Water, Electric Power and NBN already connected.
Buyer gets income earning house which is sitting on 2 green titled lots. These 2 lots are group rated with only one council rates notice thus saving on council rates. In the future you can demolish the house, sell both the blocks, retain 1 and build on the other or may be build larger house straddling both the lots.
Option 2:
Purchase 1 lot with the condition settlement happens after the house is demolished by the sellers at their expense. Buyer to note both blocks are green titled already (for the last 60 or so years) and no sub-division approvals are required. Upon entering the contract, the sellers will demolish the house, remove vegetation and roots and rack the site to 800 mm depth, re-peg the site, replace existing asbestos fencing with colorbond fencing.
Option 3:
Purchase both lots with the condition settlement happens after the house is demolished by the sellers at their expense.
Listing description written by Dean Nicolo, Professionals Victoria Park — reproduced as published, not verified by Districts.
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