East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
WA › East Perth › Adelaide Tce
$800,000
For sale
Asking
3
Bedrooms
2
Bathrooms
1
Car spaces
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
$800,000
Asking
No recorded sale for this property.
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs East Perth
-51.5%
Median sale
Suburb $1,650,000
+2.43 pp
Gross yield
Suburb 2.28%
Suburb median $1,650,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$36,241 on top of the price (4.5% 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 East 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. 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 $724/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 4.7%. 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
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.
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
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realestate 88 East PerthThere's a certain kind of quiet magic that happens on the 16th level of Saffron. Before the city fully stirs, before traffic hums along Adelaide Terrace, this apartment wakes gently — touched first by the north‑east light that rises over the hills. It's a moment that feels almost private, as if the day chooses this home before anywhere else.
As the sun climbs, it spills across the brand‑new floorboards, warming their grain and giving the freshly painted interiors a soft, luminous clarity. The living space brightens in stages, revealing the calm geometry of the rooms, the openness of the layout, and the sense of ease that comes with a home designed for both stillness and movement.
Step closer to the windows and the city unfolds in three directions, where Optus Stadium curves like a sculpture in the distance, the river catches the first morning light and scatters it in silver, and the hills form a gentle horizon that shifts with the seasons — a view that doesn't just frame the day, but quietly sets the tone for it.
With three bedrooms and two bathrooms, the apartment offers space to live with intention. Each room has its own relationship with the light, its own quiet corner of the sky. A secure car bay and private storeroom add practicality to the elegance, making daily life feel effortless and well‑considered.
Everything here has been refreshed for its next chapter — the new flooring, the fresh paint, the renewed sense of clarity. All that's left is for someone to bring their rhythm, their mornings, and their story.
Property At a Glance:
- Level 16, corner position, in "Saffron" complex
- 3 bedrooms, 2 bathrooms, 1 car bay, 1 storeroom
- Large balcony with panoramic views over the city, Optus Stadium, river and hills
- Open-plan kitchen, dining and living
- Full-height stacker doors seamlessly open the living area to the balcony
- Brand new floorboards throughout
- Stainless steel kitchen appliances, stone benchtops and ample storages
- Reverse cycle A/C to living and master bedroom
- Floor to ceiling glass for abundant natural light
- Spacious master suite with ensuite and built-in wardrobes
- Full-height windows throughout, maximising natural light
- Separate laundry with new sliding door
- Resort-style facilities: Gym, sauna, pool, BBQ entertaining area, plus intercom security
- Currently vacant, ready to move straight in or lease out
Strata Areas & Outgoings:
- Internal 97sqm, Balcony 17sqm, Car Bay 13sqm, Storeroom 5sqm; Total: 132sqm
- Council Rates: $2,176 p/a
- Water Rates: $1,408 p/a
- Strata Levies: $1,891 p/q (admin + reserve)
Set along East Perth's coveted riverside stretch, Saffron places you just moments from the Swan River foreshore, its scenic walking and cycling paths, and the gentle rhythm of waterfront living. Cafés, restaurants, Elizabeth Quay and the CBD's shopping and entertainment sit within effortless reach, creating a location that blends calm, riverside serenity with the convenience and connectivity of the inner city.
Contact Terry Lu on 0410 213 027 to arrange your private inspection.
DISCLAIMER:
All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.
Listing description written by Terry Lu, Realestate 88 East Perth — reproduced as published, not verified by Districts.
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