Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
$699,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
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
$699,000
Asking
No recorded sale for this property.
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Perth
-48.2%
Median sale
Suburb $1,350,000
+2.40 pp
Gross yield
Suburb 2.58%
Suburb median $1,350,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,143 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 Perth'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. 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 $669/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 5.0%. 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.
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
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Network Exchange RealtyPositioned within the highly sought-after Royale Apartments, this fully furnished 2-bedroom, 2-bathroom apartment presents an outstanding opportunity for both investors and future owner occupiers alike. Currently leased until 23/07/2026, the property offers immediate rental income now with the flexibility to move in and enjoy the vibrant Perth CBD lifestyle at the conclusion of the tenancy.
Located on the fifth floor, the apartment features a spacious open-plan living and dining area that flows seamlessly onto a generous 31sqm north-facing balcony, perfect for entertaining or relaxing while taking in the city atmosphere.
Both bedrooms are well-sized and fitted with built-in robes, whilst the master suite is further complemented by a private ensuite and direct balcony access. The functional layout, quality presentation and fully furnished offering make this an ideal low-maintenance investment or future city residence.
Residents of the Royale Apartments enjoy access to exceptional resort-style facilities whilst being perfectly positioned to enjoy Perth's best cafes, restaurants, shopping, entertainment and public transport right on their doorstep. Whether you are looking to secure a quality investment with strong holding income or planning ahead for your own inner-city lifestyle residence, this apartment offers the perfect combination of flexibility, convenience and location.
ACCOMMODATION
2 large bedrooms
2 bathrooms
Open plan living and dining
Kitchen
Internal Laundry
WC
FEATURES
IMAGES ONLINE DIFFER AS STAGED FURNITURE
Functional floorplan
Well-equipped kitchen featuring quality appliances
Sleek benchtops, and plenty of storage space
Both bedrooms with built in robes
Reverse cycle air conditioner
Onsite building manager and concierge
CAT bus stops right outside the building
3sqm lock up storage unit
Two sparkling18.5m lap pools
Spa, sauna and fully equipped gym
Meeting room facilities
BBQ, lounge, bar and games area
High level of internal and external security
1 secure car bay
LOCATION
Residents are spoilt for choice with an array of cafés, bars and restaurants
500m – Royal Perth Hospital
900m - Hay St Shopping Mall
1.1km - Perth CBD
1.2km - Perth Train Station
1.3km - Langley Park
1.3km - Elizabeth Quay
2.3km - Northbridge
4.1km - Perth Stadium
6.2km – Sir Charles Gairdner Hospital
SCHOOLS
20m – Mercedes College
1.3km - St George's Anglican Grammar School
2.4km – Perth Japanese Language School
2.9km – Trinity College
3.9km – Perth College Anglican School
4.5km – Subiaco Primary School
6.7km – UWA Nedlands
To view contact Mimma Notaro:
M: 0404 042 778
E: mimma@networkexchange.com.au
Listing description written by Mimma Notaro, Network Exchange Realty — reproduced as published, not verified by Districts.