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WA › Bassendean › Ivanhoe St

U1, 72 Ivanhoe St, Bassendean WA 6054

For saleHouse

$749,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

360 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 25 Aug 2026)
  • FactLand 360 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bassendean (last 5 years) with land size: median $1,653/m² of land (n=110). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 32% below the Bassendean median recorded sale ($1,100,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bassendean's advertised median rent ($684/wk), implied gross yield would be 4.75% — 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

$749,000

Asking · $2,081/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

$1,100,000

Median sale

$684/wk

Median rent

3.23%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Bassendean report →

Vs Bassendean

-31.9%

Median sale

Suburb $1,100,000

+1.52 pp

Gross yield

Suburb 3.23%

Suburb median $1,100,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Western Australia)
$29,689
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
$782,614

$33,614 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 Bassendean's advertised median rent — not a rent for this listing.

Net yield
3.25%
Annual cashflow (pre-tax)
$-14,615
Interest cover (DSCR)
0.62
Annual rent
$35,568
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
4.75%

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$749,000available25 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. Listed land size is 360 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.

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 $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.

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 4.7%. 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. Listed land size is 360 m² — that is not 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

Bassendean in one glance

Bassendean at a glance

12,068

People

$1,100,000

Median sale

$684/wk

Median rent

3.23%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Bassendean report →

Keep researching

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

Listing material

Listed by The Agency Perth

THE BASSENDEAN LIFESTYLE AWAITS!

Perfectly positioned in a quiet, secure complex, 1/72 Ivanhoe Street in Bassendean is a spacious villa offering generous living, excellent storage, versatile bonus space and an established garden setting. Set on a generous 360sqm block, this three-bedroom, one-bathroom home is perfectly suited for first home buyers, investors, downsizers and FIFO workers seeking a practical, low-maintenance lifestyle with room to make it their own.

Inside, the light-filled kitchen, dining and living zone forms the heart of the home, with a functional kitchen featuring a gas cooktop, built-in oven and skylight, while the main living room is kept comfortable year-round with a split-system reverse-cycle air conditioner. Beyond this, the large enclosed sunroom creates a genuine retreat, with distinctive timber-look panelling and plenty of flexibility as a rumpus room, home office, games room or private retreat. All three bedrooms are carpeted and feature built-in wardrobes, with the additional benefit of security-screened windows throughout. The bathroom features a separate shower, vanity and full-height mirror, while the separate laundry adds everyday practicality.

Outside, the courtyard and patio areas provide a choice of places to relax, entertain or simply enjoy the established garden, with the covered patio featuring shade screening and string lighting. The mature garden features a beautiful frangipani tree, established planting and recently refreshed black mulch, while two backyard sheds and a dedicated garden bed strip provide practical space for gardening, hobbies or simply enjoying your own sanctuary.

Read the full description

A single lock-up garage with direct internal access provides secure parking, while the connected brick-lined walk-in storage room offers excellent additional storage. A separate dedicated car space alongside the villa provides valuable off-street parking, while the camera security system and solar panels add further practicality and peace of mind.

Some fantastic features include:

• Generous 360sqm block within a secure complex

• Three carpeted bedrooms, all with built-in wardrobes

• Large enclosed sunroom, ideal for additional living or working space

• Gas cooktop and built-in oven for everyday convenience

• Kitchen skylight providing additional natural light

• Split-system reverse-cycle air conditioning in the living room

• Security-screened windows for added security

• Bathroom with separate shower and full-height mirror

• Brick-lined walk-in storage room for excellent additional storage

• Two separate backyard sheds for extra storage

• Covered patio with shade screening and string lighting

• Established garden with frangipani and mature planting

• Fresh black mulch to front and rear garden areas

• Spacious backyard with dedicated garden bed strip

• Separate laundry

• Single lock-up garage with direct internal access

• Additional dedicated car space allocated to Unit 1 at the front of the complex

• 12 solar panels to assist with running costs

• Four-camera security system for added peace of mind

Property Details

• Block size: 360sqm approx.

• Floor area: 89sqm approx.

• Built year: circa 1984

• Council rate: $1,282.98 p.a. approx.

The Bassendean Lifestyle

Bassendean has developed into one of Perth's most sought-after riverside suburbs. Close to the train station and at the doorstep of the Swan River, Bassendean has all the amenities you need — Old Perth Road's café strip, Bassendean Village shopping centre, primary and senior schools, and a genuine village character that's hard to find this close to the city.

Here, your weekends are filled with:

• Morning walks along the Swan River foreshore, including local favourites like Point Reserve and the Success Hill Heritage Trail

• Coffee catch-ups and brunch on Old Perth Road, home to cafés like Café on Broadway and Xpresso Lane

• Easy river access for fishing, kayaking, or just watching the world go by at Ashfield Flats wetlands

• Family time at riverside parks, playgrounds, and sporting ovals just a short stroll from home

• Community markets, school sport, and local events around a heritage-rich, close-knit suburb

• Bassendean offers the rare balance of inner-city convenience and riverside village charm, where the train station, café strip, and river are all just minutes from your door.

Don't miss your opportunity to make this beautiful home yours!!!

Contact Rash M: 0468 177 242

Contact Andre M: 0421 715 024

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 Rash Dhanjal, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
  • 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.