Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
WA › Bassendean › First Ave
$799,000
For sale
Asking
2
Bedrooms
1
Bathrooms
2
Car spaces
437 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
Asking
$799,000
Asking · $1,828/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Bassendean (last 5 years) with land size have a median of $1,653/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Vs Bassendean
-25.7%
Median sale
Suburb $1,075,000
+1.14 pp
Gross yield
Suburb 3.31%
Suburb median $1,075,000 from 67 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$36,189 on top of the price (4.5% extra)
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.
Pre-filled with Bassendean's advertised median rent — not a rent for this listing.
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.
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 437 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 $684/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.
Gross yield if leased at the suburb aggregate is 4.5%. 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
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 437 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
Bassendean at a glance
12,068
People
$1,075,000
Median sale
$684/wk
Median rent
3.31%
Suburb gross yield
Median sale from 67 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bellcourt Property Group Mount LawleyPerfectly positioned on a 437sqm R20/40 zoned block in one of Bassendean's most convenient locations, this charming character home presents an exceptional opportunity for a wide range of buyers. Whether you're looking for an investment with immediate income, your first step into one of Bassendean's most sought-after streets, or a character home to add your own personal touch over time, this is a property that offers both immediate appeal and exciting future potential.
Beyond the welcoming front porch, timeless character meets modern comfort. High ceilings, polished timber floorboards and fresh neutral décor create a warm and inviting atmosphere, while the spacious front lounge with its ornamental fireplace is the perfect place to relax. The upgraded kitchen has been thoughtfully updated with a breakfast bar, electric cooking, generous storage and ample preparation space, making it both practical and stylish.
Adding to the home's versatility is a separate enclosed bonus room beneath the front verandah. Currently used as an art studio, this flexible space would be equally suited as a home office, creative studio, hobby room or simply additional storage. With its own external entrance, it offers valuable separation from the main home and endless possibilities to suit your lifestyle.
Step outside and enjoy the covered patio overlooking the easy-care backyard, providing a private setting for entertaining or unwinding after a long day. The generous yard offers plenty of room for children and pets to enjoy.
Property highlights
• Approx 437sqm block
• Character home with high ceilings throughout
• Timber floorboards
• Renovated kitchen with breakfast bar and ample storage
• Spacious front lounge with ornamental fireplace
• Split system air conditioning
• Covered outdoor entertaining area
• Easy-care gardens
• External home office
• Gas storage hot water system
• Currently leased through an NDIS-supported housing arrangement until November 2026
• Potential for lease extension
• Potential funding available for a future bathroom renovation
• Separate enclosed bonus room with its own external entrance, ideal as a home office, art studio, hobby room or additional storage
For first home buyers willing to wait until the current lease expires, this is a rare chance to secure an affordable character home in a tightly held pocket of Bassendean. Move in when the time is right and continue adding your own style and value while enjoying everything this wonderful neighbourhood has to offer.
Currently leased through an NDIS-supported housing arrangement until November 2026, the property provides immediate rental income with the potential for the agreement to be extended beyond the current term. There is also the possibility of funding being available for a future bathroom renovation, adding even more value for the next owner.
Conveniently located within walking distance of schools, local parks, cafés, shops and public transport, you'll also enjoy easy access to Bassendean Town Centre, the Swan River, Perth Airport, Perth CBD and the Swan Valley.
Whether you're searching for a quality investment with secure income, your first home in a fantastic location, or a character property with scope to further enhance and make your own, this is an opportunity not to be missed. Contact Leanne Glossop on 0414 225 414 for further information.
Listing description written by Leanne Glossop, Bellcourt Property Group Mount Lawley — reproduced as published, not verified by Districts.