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 › Terrace Rd
$800,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
134 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
$800,000
Asking · $5,970/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
-40.7%
Median sale
Suburb $1,350,000
+1.77 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.
$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 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 134 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 4.3%. 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 134 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 Realestate 88 East Perth- LEVEL 2 ALTAIR WATERFRONT APARTMENT
- SPACIOUS 89SQM OF LIVING SPACE
- TWO TANDEM CAR BAYS
- PREMIUM LOCATION
Call Terrace Road home in the highly sought-after Altair Apartments. This spacious second-floor residence presents an outstanding opportunity to enjoy low-maintenance luxury in one of East Perth's prime addresses.
Designed with both comfort and functionality in mind, the generous open-plan living and dining area flows effortlessly onto a substantial 16sqm south-facing balcony, creating a seamless indoor-outdoor space that's perfect for entertaining, relaxing or simply enjoying the peaceful surroundings.
At the heart of the home, the stylish kitchen is equipped with stone benchtops, stainless steel appliances, a dishwasher and an abundance of storage, ensuring it caters just as well to everyday living as it does to hosting family and friends.
The master bedroom, complete with its own ensuite and balcony access, provides a luxurious retreat, while the second bedroom is serviced by a conveniently located second bathroom/laundry.
With two secure car bays and a lock-up storeroom, this residence delivers the practicality to match its impressive lifestyle appeal.
The exclusive Altair apartment complex features high security and resort style amenities such as a heated lap pool, spa, fully equipped gymnasium, full size tennis court, residents lounge, BBQ area, games room, library and sauna. This property is a rare offering and will not last long.
Perfectly positioned just moments from Langley Park, the Swan River, Elizabeth Quay and Perth's vibrant CBD, this is an exceptional opportunity to secure a quality residence in one of East Perth's landmark addresses.
FEATURES:
- 2nd floor luxurious 2 bed, 2 bath, 2 car bays
- South facing apartment in the 2007 built Altair Waterfront Apartments by Finbar
- Spacious open plan living incorporating indoor/outdoor flow to the balcony
- Chef's kitchen with granite benchtop and quality stainless steel appliances including gas cooktop, electric oven, microwave & dishwasher
- Spacious main bedroom with built in robe, balcony access
- Ensuite bathroom with large shower, vanity & WC
- Second bedroom with built in robe storage
- Second bathroom/laundry off second bedroom
- Air conditioning throughout
- Full security intercom system
- 2 secure tandem car bays + storeroom
- Internal: 89sqm, Balcony: 16sqm, Car Bay: 24sqm, Store Room: 5sqm, Total: 134sqm
OUTGOINGS:
Council rate: $2,395.50 p/q
Water rate: $1,605 p/q
Strata levy: $1,425.59 p/q (admin) + $338.21 p/q (reserve)
The Elizabeth Quay Train Station, free CAT buses, Transperth Ferry and Perth's master planned cycle/pedestrian paths make travel for work or play, simple. While overlooking Langley Park you will enjoy being front-row for the Sky Show and a host of Perth's best events. Add to this only a short stroll from the world class Elizabeth Quay, restaurants, cafes and nightlife, or a scenic river cruise away from the vineyards of the Swan Valley.
NEARBY AMENITIES:
-Directly opposite Langley Park and Swan River, with access to walking and cycle paths
-300m to public transport (Free CBD Transit Zone)
-1.1km to Elizabeth Quay waterfront, pop-up bars and events, ferry, restaurants and river access for boating
-1.1km to CBD, Hay Street Mall, shopping and more
-1.3km to Lake Vasto and Point Fraser with Embargo Bar, Cafes, Restaurants
-1.6km to Royal Street cafes, shops and Claisebrook Cove
-2.2km to Matagarup Bridge, access to Optus Stadium, The Camfield and Crown Resorts
-Within 5km radius to Perth hotspots, Northbridge, Highgate, Mt Lawley, Victoria Park and South Perth
-12km to City Beach
-12km to Perth Airport
DISCLAIMER:
All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates and subject to change without notice. Buyers are to rely on their own due diligence prior to purchasing. All distances are approximate and provided by Google Maps. All distances of the property to nearby amenities are estimates and buyers should rely on their own measurements.
Listing description written by Jasmyn Wright, Realestate 88 East Perth — reproduced as published, not verified by Districts.