Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
WA › Lathlain › Rutland Ave
$605,000
Last sold
1 Dec 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
278 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
$605,000
1 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Lathlain (last 5 years) with land size have a median of $1,893/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Lathlain
-60.7%
Median sale
Suburb $1,540,000
+3.44 pp
Gross yield
Suburb 2.23%
Suburb median $1,540,000 from 11 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 278 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 $660/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 278 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
Lathlain at a glance
4,281
People
$1,540,000
Median sale
$660/wk
Median rent
2.23%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Think Pink RealtyUNDER CONTRACT
Proudly offered for sale by Think Pink Realty, this very neat and tidy 3 bedroom 2 bathroom home simply must be at the top of your must see list!
What a rare and excellent opportunity to secure an entry priced property in Lathlain, which has rapidly become such a desirable and sought after location to live.
Whether you're looking for your first home, downsizing, or seeking a perfect addition to the investment portfolio, this Gem, could be the one you've been waiting for.
Located within a short walking distance of Victoria Park train station, just minutes from Burswood foreshore and Crown Entertainment Complex and within easy reach of the City Centre or Perth airport, you will be at the centre of it all.
Situated on it's own 278sqm street front lot, this property has no common driveway or strata fees.
Some of the features include -:
- 3 Good sized bedrooms all with Built-in robes
- 2 bathrooms and 2 WC's
- Separate lounge
- Family/Dining area
- Kitchen is functional with a gas cook top and electric underbench oven
- Quality "Timber look" vinyl plank flooring throughout
- Ducted evaporative air conditioning
- Gas hot water system
- Store room
- Single Garage with automatic tilta-door (with room for a second vehicle)
- Security alarm
- Security screen to front door
- Low maintenance generous sized courtyard perfect for entertaining
- Fully Fenced
- Close to West Coast Eagles Headquarters and the bustling Vic Park Cafe/Restaurant Strip
- Grassed area to the rear. (Ideal for a small pet)
Make your appointment to view this property today with Glenn on 0429991896 or Ally on 0403273932.
Council Rates -: $1,890.15 – 22/23 Financial year
Water Rates -: $1,283.54 – 22/23 Financial year
* NO STRATA FEES
Disclaimer:
Disclaimer: The information provided has been prepared with care however it is subject to change and is not intended to form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative cannot be held responsible for any inaccuracies. Interested parties must be sure to undertake their own independent enquiries.
Listing description written by Glenn Buckley, Think Pink Realty — reproduced as published, not verified by Districts.