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WA › Perth › Murray St

U108, 101 Murray St, Perth WA 6000

For saleUnit

$580,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

78 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $580,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $580,000(Listing record · 19 Aug 2026)
  • FactLand 78 m²; no building size recorded.(Property record)
  • CalculationAsk is 57% 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 6.00% — 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

$580,000

Asking · $7,436/m² of land

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

-57.0%

Median sale

Suburb $1,350,000

+3.42 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
$580,000
Stamp Duty (Western Australia)
$21,565
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
$605,490

$25,490 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 Perth's advertised median rent — not a rent for this listing.

Net yield
4.50%
Annual cashflow (pre-tax)
$-4,072
Interest cover (DSCR)
0.86
Annual rent
$34,788
Operating expenses
$8,700
Loan amount
$464,000
Annual interest
$30,160
Gross yield
6.00%

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$580,000available19 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 78 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 $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 6.0%. 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. Listed land size is 78 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

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 Murray St →

Listing material

Listed by The Best Realty Group

PERFECT FOR FIRST HOME BUYERS, DOWNSIZERS AND INVESTORS

Do you want to make an offer or just Observe & Track the status of the Sale campaign LIVE? Simply, follow the link: - https://anz.openn.com/app/l/6pN5

Alternatively, SCAN the QR Code in one of the photos to submit your offer or track the status of the Sale Process!

**Note - The sale Campaign is a PRIVATE TREATY & NOT an Auction, so the seller reserves the right to STOP the Process ANYTIME during the Campaign & Sell the property to any buyer of their choice (who may have also made the offer directly to the Selling Agent & NOT via Openn Negotiation), WITHOUT any Prior NOTICE to ANYONE**

Read the full description

• Prime Inner-City Location: Centrally & Conveniently Located

Situated right in the heart of the Perth CBD, 108/101 Murray Street places world-class shopping, dining, and entertainment directly at your doorstep. Enjoy a seamless walk-to-everywhere lifestyle with the Hay Street and Murray Street Malls, top-tier restaurants, and vibrant cafes just moments away. Excellent public transport connectivity-including Perth Underground Station and free CAT bus routes-makes daily commuting effortless.

• Secure High-Yield Return: $650/Week Rental Income

This property offers an exceptional, set-and-forget investment opportunity with a reliable tenant secured until 02/02/2027 generating $650 per week. Take advantage of Perth's robust rental market and enjoy immediate, guaranteed cash flow with zero vacancy risk upon purchase.

• Modern 1-Bedroom & 1-Bathroom LayoutDesigned for maximum space efficiency, comfort, and modern sophistication: Spacious Bedroom: Features built-in robes and generous natural light. Contemporary Bathroom: Outfitted with quality fixtures and sleek, clean finishes. Open-Plan Living: Flowing living and dining layout opening to private balcony access.

• Resort-Style Complex AmenitiesResidents enjoy private access to a suite of premium, building amenities that elevate everyday lifestyle:

Swimming Pool: A central pool ideal for morning laps or relaxing afternoons.

Fully Equipped Gym: State-of-the-art fitness facilities, eliminating the need for outside gym memberships.

Restorative Sauna: Spa-quality sauna room for wellness and post-workout recovery. Outdoor Barbecue Area: Dedicated resident lounge deck perfect for hosting guests and social gatherings.

• Who This Property Is Perfect For

Investors: Secure a high-yield asset with a long-term tenant already in place until early 2027 at $650/week.

First Home Buyers: Lock in a premium central Perth address today while enjoying rental income until you are ready to move in.

Downsizers: Plan ahead for low-maintenance, resort-style inner-city living with zero upkeep hassle.

Contact Annie Nguyen on 0450 944 101 and David Nguyen on 0410 246 248 today to arrange your inspection.

DISCLAIMER:-

**Photos from previous Sales/Rental listings may have been used to protect the tenant/seller's privacy. The actual property condition may be different in reality.**

**Virtual Furniture Staging has been used in the photos. The images of the furniture at the property have been digitally altered or enhanced.**

**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 inquiries.

**The Best Realty Group have endeavoured to ensure the information is true and accurate, but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements.

**Reference to a school does not guarantee the availability of that particular school.

**ALL distances are estimated using Google Maps. Prospective purchasers should enquire with the relevant authorities to verify the information in this advert.

**ALL boundary lines and sizes on imagery are APPROX only.**

Listing description written by David Nguyen, The Best Realty Group — reproduced as published, not verified by Districts.

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.