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WA › Perth › Stirling St

U1, 265 Stirling St, Perth WA 6000

For saleHouse

$699,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 18 Aug 2026)
  • CalculationAsk is 48% below the Perth median recorded sale ($1,350,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Perth's advertised median rent ($669/wk), implied gross yield would be 4.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the 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.

See the full Perth report →

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.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,143

$31,143 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Perth's advertised median rent — not a rent for this listing.

Net yield
3.48%
Annual cashflow (pre-tax)
$-12,045
Interest cover (DSCR)
0.67
Annual rent
$34,788
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
4.98%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$699,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Perth in one glance

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.

See the full Perth report →

Keep researching

  • Why Perth? Read the area thesis →
  • What else is on the market in Perth →
  • Other records on Stirling St →

Listing material

Listed by The Agency Perth

A Rare 1937 Character Home — First Time Offered in Nearly 40 Years

Authentic character. Timeless craftsmanship. A home with a story.

Rarely does a property come to market that offers this combination of genuine history, beautiful period features and a warm, inviting sense of home.

Built in 1937, this distinctive two-bedroom, one-bathroom ground-floor character unit is being offered for sale for the first time in nearly 40 years — an extraordinary opportunity for those who appreciate the beauty and individuality of a bygone era.

Read the full description

Set within a small boutique complex of just 12 residences, this is anything but a typical modern apartment. High ceilings, quality timber, period detailing and an abundance of natural character create a home with a personality all its own.

At the heart of the home is a beautifully appointed American hemlock pine kitchen, complemented by elegant stone benchtops. Throughout the residence, freshly finished Jarrah floorboards bring warmth and richness, while the bathroom features solid Jarrah cabinetry and Federation-style tiling — thoughtful details that celebrate the home's heritage.

And then there is the fireplace…

The working open fireplace creates an irresistible focal point and brings a sense of warmth and romance that modern homes simply cannot replicate.

The generously proportioned main living space is enhanced by impressive 11-foot-high ceilings, adding to the feeling of space and grandeur. A large floor-to-ceiling built-in wardrobe provides excellent storage, while reverse-cycle air-conditioning ensures year-round comfort.

The second bedroom opens directly onto the veranda and a large paved, pet-friendly courtyard, creating a wonderful connection between indoor and outdoor living. Whether enjoying a morning coffee, entertaining friends or simply relaxing with a four-legged companion, this private outdoor space adds another dimension to the home.

Features at a Glance:

• Built in 1937 with genuine period character

• A rare alternative to modern, uniform apartment living

• Two spacious bedrooms

• One bathroom

• Ground-floor position in a boutique complex of just 12 units

• 11-foot-high ceilings creating an impressive sense of space

• Working open fireplace — a rare and beautiful period feature

• American hemlock pine kitchen with quality stone benchtops

• Freshly finished Jarrah floorboards throughout

• Solid Jarrah bathroom cabinetry

• Federation-style bathroom tiling

• Large floor-to-ceiling built-in wardrobe

• Reverse-cycle air-conditioning for year-round comfort

• Second bedroom opening directly onto the veranda

• Large paved, pet-friendly courtyard

• One allocated car parking space

• Secure gated parking at the rear

• Visitor parking available at the front of the complex

• Levy: $1,439.21 p/q

Location Highlights:

One of the great pleasures of this home is its position. Set on Stirling Street in Perth, this is an established inner-city location where cafés, dining, shopping, entertainment and green spaces are all remarkably close.

Start the morning with coffee nearby, walk to Woolworths Highgate — approximately 100m away — or enjoy an evening at the iconic Brisbane Hotel, approximately 130m from home.

For those who enjoy the energy of city living, Northbridge is approximately 700m away, while HBF Park is around 550m and Hyde Park approximately 800m away. The Perth CBD is only around 1km from your door, with convenient access to public transport and the free CAT bus network.

And after enjoying everything the neighbourhood has to offer, you can return to the quiet character and warmth of your own private 1937 residence.

Highgate cafés and dining • Woolworths approximately 100m • Brisbane Hotel approximately 130m • HBF Park approximately 550m • Northbridge approximately 700m • Hyde Park approximately 800m • Perth CBD approximately 1km

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Maggie Strydom, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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