Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › Subiaco › Subiaco Rd

U105, 124 Subiaco Rd, Subiaco WA 6008

For saleApartment

$545,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $545,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $545,000(Listing record · 12 Aug 2026)
  • CalculationAsk is 74% below the Subiaco median recorded sale ($2,070,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Subiaco's advertised median rent ($673/wk), implied gross yield would be 6.42% — 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

$545,000

Asking

No recorded sale for this property.

Subiaco at a glance

11,701

People

$2,070,000

Median sale

$673/wk

Median rent

1.69%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Subiaco report →

Vs Subiaco

-73.7%

Median sale

Suburb $2,070,000

+4.73 pp

Gross yield

Suburb 1.69%

Suburb median $2,070,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$545,000
Stamp Duty (Western Australia)
$19,903
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
$568,828

$23,828 on top of the price (4.4% 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 Subiaco's advertised median rent — not a rent for this listing.

Net yield
4.92%
Annual cashflow (pre-tax)
$-1,519
Interest cover (DSCR)
0.95
Annual rent
$34,996
Operating expenses
$8,175
Loan amount
$436,000
Annual interest
$28,340
Gross yield
6.42%

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$545,000available12 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 $673/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 6.4%. 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

Subiaco in one glance

Subiaco at a glance

11,701

People

$2,070,000

Median sale

$673/wk

Median rent

1.69%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Subiaco report →

Keep researching

  • Why Subiaco? Read the area thesis →
  • What else is on the market in Subiaco →
  • Other records on Subiaco Rd →

Listing material

Listed by Blackburne Property Group Subiaco

Wake Up to Mueller Park – A Subiaco One-Bedroom Gem

Set within the established and well-maintained Park Gardens complex, directly opposite the picturesque greenery of Mueller Park, Apartment 105 presents an exciting opportunity to secure your own slice of the highly coveted Subiaco lifestyle.

Whether you're looking for your first home, a low-maintenance city-fringe base or an investment in one of Perth's most tightly held lifestyle suburbs, this is a home that makes a very compelling first impression.

Recently repainted throughout, vacant and ready to move straight in, this level 1 apartment offers a wonderfully easy-care lifestyle with one particularly special feature — uninterrupted leafy views across Mueller Park.

Read the full description

Step inside and you're welcomed by a spacious, light-filled open-plan living area where high ceilings and full-height sliding doors allow natural light to flood the space. Finished with beautiful hardwood parquetry flooring and a reverse-cycle split-system air conditioner, the living area is comfortable, bright and effortlessly functional.

But the real showstopper is just beyond the glass.

Step outside onto your private south-facing balcony and you're greeted by the lush greenery of Mueller Park. It's the kind of outlook that makes everyday apartment living feel a little more peaceful — picture starting your morning with a coffee, leafy treetops in front of you and the sound of birdsong in the background.

Back inside, the recently refreshed kitchen makes excellent use of the available space. A generous wraparound benchtop provides plenty of room for food preparation and everyday cooking, while also doubling as a convenient breakfast bar when you want to pull up a chair for a quick coffee or casual meal. Ample cabinetry provides plenty of storage, complemented by a freestanding gas cooktop and oven combo unit.

The master bedroom is generous in proportion and continues the home's warm parquetry flooring. Large windows capture those tranquil Mueller Park outlooks, complemented by a practical freestanding robe for everyday storage.

The private ensuite has also been refreshed, featuring modern shower tapware, practical vanity storage and an easy-care design that keeps everyday living simple.

Completing the property is secure unallocated parking, along with access to a communal laundry room on the ground floor, communal drying areas and dedicated communal bike storage.

Location is where this home truly shines. Positioned directly across from Mueller Park and within the highly coveted Subiaco precinct, you're surrounded by everything that makes this part of Perth so desirable. Enjoy easy access to elite schooling options including Perth Modern School and Bob Hawke College, while the café and dining culture of Rokeby Road, Roberts Road and Hay Street are all within easy walking distance.

West Leederville Train Station is just a short stroll away, making commuting effortless, while Subiaco Square, Woolworths and a host of everyday conveniences are only minutes from your doorstep. St John of God Hospital is also nearby, adding further lifestyle and practical appeal.

Vacant and ready to move straight in, this apartment is an ideal opportunity for first-home buyers, downsizers or professionals wanting a premium Subiaco base with a genuine lock-and-leave lifestyle. Investors should also take note, with current rental estimates suggesting approximately $550–$600 per week.

Property Features:

• Easy-care, lock up and leave 1 bedroom | 1 bathroom apartment located on Level 1

• Recently repainted throughout and vacant for immediate possession

• Bright open-plan living with high ceilings and full-height sliding doors

• Private south-facing balcony with tranquil Mueller Park outlooks

• Quality hardwood parquetry flooring throughout living areas and bedroom

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

• Recently refreshed kitchen with generous wraparound benchtops

• Freestanding Gas cooktop and oven unit with ample kitchen storage

• Generously proportioned master bedroom with free-standing robe storage, private ensuite access and leafy outlook

• Secure unallocated parking plus communal laundry, drying and bike storage facilities

Outgoings:

Strata Rates: $599.33 Per Quarter

Water Rates: $1,027.00 Per Annum ( 25/26 Financial Year )

Council Rates: $1,803.72 Per Annum

With Mueller Park directly across the road, leafy green outlooks and the best of Subiaco just moments away, Apartment 105 offers more than just easy-care apartment living — it offers a lifestyle.

Peaceful, private and wonderfully convenient, this is an ideal opportunity for a first-home buyer, savvy investor or anyone looking for a low-maintenance Subiaco base. Come and experience the lifestyle for yourself — contact Yen Wong today to arrange your viewing.

Disclaimer:

Please note that images are for illustrative purposes only and may not reflect the current furnishings or fixtures included in the property sale.

This property description is provided for general information purposes only. While the Blackburne team has taken reasonable care to ensure the accuracy of the information, we make no guarantees or warranties, express or implied, as to its correctness. Prospective buyers are strongly advised to conduct their own independent due diligence and seek professional advice where necessary. The Blackburne team accepts no liability for any errors, omissions, or discrepancies contained herein.

Listing description written by Yen Wong, Blackburne Property Group Subiaco — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband

Also look at

Also for sale in Subiaco

  • U18, 100-108 Subiaco Rd, Subiaco WA 6008

    1-bed unit. Asking $470K.

    For sale
  • 205/26 Hood St, Subiaco WA 6008

    3-bed unit. Currently listed.

    For sale
  • U408, 2 Wembley Ct, Subiaco WA 6008

    2-bed apartment. Asking $800K.

    For sale
  • 13 Darbyshire Dr, Subiaco WA 6008

    4-bed house. Currently listed.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.