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.
WA › Perth › Mounts Bay Rd
$299,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
38 m²
Land
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
$299,000
Asking · $7,868/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.
Vs Perth
-77.9%
Median sale
Suburb $1,350,000
+9.05 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.
$12,722 on top of the price (4.3% 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. Listed land size is 38 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.
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 11.6%. 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. Listed land size is 38 m² — that is not 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 Turner Estate AgentsOpportunities to secure an apartment in this location at an accessible price point are becoming increasingly hard to find.
Perfectly positioned on the ground floor and nestled between Kings Park, the Swan River and Perth CBD, this one-bedroom apartment presents an exciting opportunity for first-home buyers, city professionals, investors or those looking for an affordable lock-and-leave base in the heart of Perth.
Step inside to a practical and comfortable layout featuring an open-plan living and dining area, a separate kitchen, generous bedroom and separate bathroom and toilet.
The ground-floor position makes everyday living simple, while access to one car bay within the complex car park adds further convenience in this sought-after inner-city location.
But the real standout here is the lifestyle.
Step outside and you are positioned at the foot of the iconic Jacob's Ladder and Kings Park, with the Swan River only metres away and a picturesque lake directly across the road.
Morning walks along the river, a run up Jacob's Ladder, weekends exploring Kings Park or dinner and drinks in the city can all become part of everyday life.
Perth's CBD is approximately a 10-minute walk away, placing shopping, restaurants, cafés, entertainment and major employment hubs within easy reach, while Elizabeth Quay and the wider riverfront precinct are also close by.
For investors, the combination of an accessible price point and highly convenient inner-city location creates obvious appeal. For owner-occupiers, it represents an opportunity to enter a premium pocket of Perth without the premium price tag typically associated with the surrounding area.
With multi-million-dollar residences and apartments found throughout the wider Kings Park and riverside precinct, this is a rare opportunity to secure your own piece of an exceptional location at a fraction of the price.
Location Highlights
• Positioned at the foot of Jacob's Ladder and Kings Park
• Swan River only metres away
• Picturesque lake directly across the road
• Approximately 10-minute walk to Perth CBD
• Easy access to Elizabeth Quay and the riverfront
• Close to cafés, restaurants, entertainment and public transport
• Fantastic access to riverside walking and cycling routes
• Convenient connection to the wider Perth metropolitan area
Disclaimer: While every effort has been made to ensure the accuracy of the information contained in this advertisement, Turner Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are encouraged to make their own enquiries to verify all information, including but not limited to measurements, property features, boundaries and any other details that are material to their purchasing decision.
Listing description written by Kim Turner, Turner Estate Agents — reproduced as published, not verified by Districts.