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WA › Maylands › Eighth Ave

U12, 18 Eighth Ave, Maylands WA 6051

For saleUnit

$400,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $400,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 67% below the Maylands median recorded sale ($1,220,000, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maylands's advertised median rent ($595/wk), implied gross yield would be 7.74% — 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

$400,000

Asking

No recorded sale for this property.

Maylands at a glance

15,274

People

$1,220,000

Median sale

$595/wk

Median rent

2.54%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Maylands report →

Vs Maylands

-67.2%

Median sale

Suburb $1,220,000

+5.20 pp

Gross yield

Suburb 2.54%

Suburb median $1,220,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$400,000
Stamp Duty (Western Australia)
$13,015
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
$416,940

$16,940 on top of the price (4.2% 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 Maylands's advertised median rent — not a rent for this listing.

Net yield
6.24%
Annual cashflow (pre-tax)
$4,140
Interest cover (DSCR)
1.20
Annual rent
$30,940
Operating expenses
$6,000
Loan amount
$320,000
Annual interest
$20,800
Gross yield
7.74%

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$400,000available25 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. 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 $595/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 7.7%. 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.

  • 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

Maylands in one glance

Maylands at a glance

15,274

People

$1,220,000

Median sale

$595/wk

Median rent

2.54%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Maylands report →

Keep researching

  • Why Maylands? Read the area thesis →
  • What else is on the market in Maylands →
  • Other records on Eighth Ave →

Listing material

Listed by KPR Perth

Parkland from the Balcony, Three Train Lines at the Station

Click "Enquire", "Get in Touch" or "Email Agent" for the floor plan and property information sent directly to your email.

Make an Offer or become an Observer on Openn.com: https://anz.openn.com/app/l/sjfP

Step onto the balcony and what you get is green. The parkland beside Maylands Library sits out in front, so the outlook is public open space and tree canopy rather than a neighbour's window, and it is the sort of view that makes a morning coffee out there worth the trouble of making one.

Read the full description

The unit itself is two bedrooms, neat and tidy throughout, and presented in the condition that lets you put your furniture down and simply get on with living. The bathroom is generous and does double duty as the laundry, so the washing machine sits inside the unit, which is more than a good many buildings at this level can offer. Split system reverse cycle air conditioning in the living room handles both ends of the Perth year. The building is secure and the parking is so close to the building door.

Eighth Avenue has quietly become one of the better strips on this side of the river, a short run of cafes, small bars and everyday shops that people walk to rather than drive past. The RISE sits alongside the library and puts a gymnasium, a cafe, a creche, dry courts, function and meeting rooms and a community hall under the one roof, which covers off a surprising amount of ordinary life without needing the car. Maylands station is on Eighth Avenue, four and a half kilometres from the city and roughly eight minutes on the train, and three lines run through it, Midland, Airport and Ellenbrook, on twelve minute intervals through the peak. Bus routes 40, 41, 42 and 43 work Eighth Avenue and Guildford Road for everything the train does not cover.

South of the strip the ground falls away to the Swan River and the Maylands Peninsula, known traditionally as Moorordup, the place of the nose, for the way it pushes out into the water. A shared cycling and pedestrian path runs the foreshore and links through to the neighbouring suburbs, the golf course occupies the old brickworks site, the tennis club keeps fourteen grass courts and three hard courts overlooking the river, and the yacht club sits on the foreshore below.

The tenant is vacating, so this one is available for an owner occupier to move straight into rather than an investment that comes with a waiting period attached.

Virtual furniture has been used in the photographs on this property listing. These photographs should not be relied upon without a personal inspection.

Listing description written by James Yeoman, KPR Perth — 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.