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WA › Perth › Milligan St

U1201, 80 Milligan St, Perth WA 6000

For saleApartment

$950,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000(Listing record · 2 June 2026)
  • CalculationAsk is 30% 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 3.66% — 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

$950,000

Asking

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

-29.6%

Median sale

Suburb $1,350,000

+1.08 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
$950,000
Stamp Duty (Western Australia)
$40,041
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
$993,966

$43,966 on top of the price (4.6% 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
2.16%
Annual cashflow (pre-tax)
$-28,862
Interest cover (DSCR)
0.42
Annual rent
$34,788
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
3.66%

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$950,000available2 June 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 $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 3.7%. 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

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 Milligan St →

Listing material

Listed by Austpro Properties

Sophisticated CBD Living

Experience the very best of inner-city living from this stunning 12th-floor apartment in the highly sought-after Perth Hub development. Perfectly positioned in the heart of Perth CBD, this contemporary residence offers an exceptional opportunity for owner-occupiers, first home buyers, and savvy investors seeking a premium lifestyle location.

Boasting a desirable south-facing aspect, this stylish apartment enjoys an abundance of natural light and captivating views across the city skyline. The intelligently designed floorplan features two spacious bedrooms, two modern bathrooms, and an open-plan living and dining area that seamlessly extends to a private enclosed balcony, can be converted to a formal dining or study area, creating the perfect space to relax or entertain.

The modern kitchen is beautifully appointed with quality appliances, stone benchtops, and ample cabinetry, while the master bedroom enjoys the convenience of its own ensuite and built-in robe. Secure parking for one vehicle adds further convenience to this outstanding city residence.

Read the full description

Residents of Perth Hub enjoy access to premium resort-style facilities, delivering the ultimate lock-and-leave lifestyle in one of Perth's most exciting CBD locations.

Property Features:

- 2 spacious bedrooms with built-in robes

- 2 modern bathrooms, including ensuite to master bedroom

- Secure parking for 1 vehicle

- Located on the 12th floor with south-facing aspect

- Open-plan living and dining area

- Contemporary kitchen with quality appliances and stone benchtops

- Private balcony with elevated city views

- Split-system air conditioning

- Secure complex with intercom and lift access

- Ideal for owner-occupiers and investors alike

- Currently leased at $950 per week until March 2027

Lifestyle & Location:

- Opposite RAC Arena

- Walking distance to Perth Train Station and Bus-port

- Minutes from Yagan Square, ECU City Campus and Northbridge

- Surrounded by cafés, restaurants, shopping, and entertainment

- Easy access to major business districts and free CAT bus services

Exclusive Resident Facilities

- Resort-style infinity swimming pool

- Fully equipped gymnasium

- Residents' lounge

- Communal entertaining and relaxation areas

- Secure and professionally managed complex with building manager and concierge services

Offering an unbeatable combination of location, lifestyle, and modern convenience, this impressive apartment presents a fantastic opportunity to secure your place in one of Perth CBD's landmark developments.

Contact Austpro Properties today to arrange your private viewing and discover everything Perth Hub has to offer.

The information contained is the opinion only of Austpro Properties. All parties to which this advertisement intended for should exercise their own due diligence as to the accuracy of the information provided. Austpro Properties will take absolutely no responsibility for any actions arising from any parties acting on this information contact within

Property Code: 2017

Listing description written by Ernest Ng, Austpro Properties — 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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