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WA › West Perth › Murray St

U1209, 659 Murray St, West Perth WA 6005

For saleApartment

$699,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 21 Aug 2026)
  • CalculationAsk is 26% below the West Perth median recorded sale ($939,000, n=11, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Perth's advertised median rent ($649/wk), implied gross yield would be 4.83% — 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

$699,000

Asking

No recorded sale for this property.

West Perth at a glance

7,227

People

$939,000

Median sale

$649/wk

Median rent

3.59%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full West Perth report →

Vs West Perth

-25.6%

Median sale

Suburb $939,000

+1.24 pp

Gross yield

Suburb 3.59%

Suburb median $939,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
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
$730,143

$31,143 on top of the price (4.5% 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 West Perth's advertised median rent — not a rent for this listing.

Net yield
3.33%
Annual cashflow (pre-tax)
$-13,085
Interest cover (DSCR)
0.64
Annual rent
$33,748
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
4.83%

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$699,000available21 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 $649/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 4.8%. 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

West Perth in one glance

West Perth at a glance

7,227

People

$939,000

Median sale

$649/wk

Median rent

3.59%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full West Perth report →

Keep researching

  • Why West Perth? Read the area thesis →
  • What else is on the market in West Perth →
  • Other records on Murray St →

Listing material

Listed by Blackburne Property Group Subiaco

Fully Furnished Resort Style Living in the Heart of West Perth

A luxury, fully furnished, turnkey residence in the award-winning Aire Apartments, ideal for executives, downsizers or investors seeking premium inner-city living with nothing left to buy

Positioned on Murray Street in the heart of West Perth, this contemporary apartment offers an exceptional combination of inner-city convenience, modern comfort and resort-style living.

Perfectly suited to owner occupiers, professionals and investors alike, the apartment places you within easy reach of the Perth CBD while enjoying everything West Perth has to offer. Cafés, restaurants, shopping, entertainment, parklands and public transport are all close by, creating a lifestyle where almost everything you need is right at your doorstep.

Read the full description

Inside, the apartment has been thoughtfully designed for comfortable, low-maintenance living. A stylish kitchen featuring stone benchtops, soft-closing cabinetry and quality European appliances flows seamlessly into the open-plan living area and out to the entertainer's balcony.

The master bedroom features a walk in robe leading through to the well appointed semi-ensuite and combined laundry, while double glazed doors and reverse cycle air-conditioning provide year round comfort.

Apartment Features

Fully furnished and equipped

Contemporary kitchen with stone benchtops

Soft-closing cabinetry

Quality stainless-steel European appliances

Dishwasher and electric cooktop

Spacious master bedroom with walk-in robe

Well-appointed semi-ensuite and combined laundry

Entertainer's balcony with double-glazed doors

Split-system reverse-cycle air-conditioning

Resort-Style Resident Facilities

Residents enjoy access to an impressive selection of facilities designed for relaxation, entertaining and everyday convenience, including:

22m swimming pool and sauna

Fully equipped gymnasium

Residents' lounge and games room

Sky lounge and rooftop garden

BBQ and outdoor dining areas

Cabana lounge

Executive meeting room

Offering the convenience of inner-city living together with an outstanding range of resident amenities, this is an excellent opportunity to secure a quality apartment in one of Perth's most connected locations.

Whether you're looking for a stylish city base, a low maintenance home or an investment positioned close to the CBD, this Murray Street residence deserves your attention.

Strata Company | Strata Town

Quarterly Strata Fees | $1567.50

Contact Paige Garvey today on 0401 363 603 to arrange a viewing or for additional information.

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

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
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.