Ascot at a glance
3,516
People
$1,340,000
Median sale
$682/wk
Median rent
2.65%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Ascot › Matheson Rd
$1,050,000
Last sold
2 Apr 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
1,055 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
$1,050,000
2 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Ascot (last 5 years) with land size have a median of $2,069/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Ascot at a glance
3,516
People
$1,340,000
Median sale
$682/wk
Median rent
2.65%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Ascot
-21.6%
Median sale
Suburb $1,340,000
+0.73 pp
Gross yield
Suburb 2.65%
Suburb median $1,340,000 from 13 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 1,055 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 1,055 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.
Nearby
Area
Ascot at a glance
3,516
People
$1,340,000
Median sale
$682/wk
Median rent
2.65%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by ProProperty GroupBe located in this unbeatable Swan River and Country Style environment.
This unique Ascot Racecourse area provides so much excellent space to build brand new family homes, all being on HUGE residential blocks!
88 MATHESON ROAD, ASCOT gives you 1,055 sqm of prime land and location to develop your new home and lifestyle on.
Be only a short stroll from the Swan River AND just minutes to the City, Optus Stadium, Crown Resort, the Casino PLUS both Airport terminals, new Trainline infrastructure and Bus routes.
Being located so close to all of these area features PLUS both the City and Swan River is definitely the investment positive of Location, Location AND Location!
Established stables are in place at the rear of this property giving you many design options for the positioning of a large floorplan for a future new home.
Retaining this stable building is ideal for any storage of furniture, gardening supplies and all the tools. Imagine knowing that your perfect backyard shed, combining as a home workshop is already built, approved and in your backyard!
Stunning new homes are freshly built nearby, and they'll be able to provide great inspiration for any Architect and Builder in creating an individual house floorplan, plus the site plan to highlight a block of this 1,055 sqm area.
Builders like working on these big sites. Having over a quarter acre of land really gives them plenty of room to move for materials and equipment.
Also discover on this large site the solid 1950's original 3 Bedroom cottage style home.
Built of the Fibro cladding and Tiled roof design which was the popular trend back in that historic era, this old home has always been owner occupied since new and has the potential to provide a strong rental return, along with the 4 registered stables, while waiting for any new building applications and plans to be fully approved by City of Belmont, who are the local council.
Strong dual rental returns can be achieved from this property while in it's current building structure condition, as the vacant stables and day yards are often in demand by the local racehorse trainers in this Residential and Stables zoned area, currently operating to an R10 density code.
Well presented and in original condition, this Character home has 3 reverse cycle air conditioners, being in the lounge room and two of the three bedrooms.
Jarrah floorboards throughout are also part of this original building character, sand them back to become an impressive feature.
The wide front verandah plus the high ceilings, ornate cornices and lead lighting finishes provide a welcoming entrance to the home, along with the good street frontage of this 1,055 sqm block. This great space is giving many parking options for any of the lifestyle toys - be it Cars, Horse Floats, Trailers, Boats, Caravans, etc.
Are you wanting to eventually build the best home ever for your family, and be in the ideal lifestyle location to provide a lot of open space for your children?
88 Matheson Road has all the potential to start you on this terrific journey!
Feel free to reach out and contact Sean Posner for more details on this property and to learn more about this rare location, I have professionally sold and lived in this area for over 31 years now!
Call or text - Sean on 04111 46430 or email direct to sean@propropertygroup.com.au
Listing description written by Sean Posner, ProProperty Group — reproduced as published, not verified by Districts.