South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Mill Point Rd
$619,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
62 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
$619,000
Asking · $9,984/m² of land
No recorded sale for this property.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs South Perth
-74.2%
Median sale
Suburb $2,400,000
+4.44 pp
Gross yield
Suburb 1.54%
Suburb median $2,400,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,343 on top of the price (4.4% 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 South 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 62 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 $712/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 6.0%. 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 62 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
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ELGProudly Presented by Edward Lim | Ray White ELG
Some apartments are all about the four walls. Others are about the feeling you get when you walk through the front door, and this one is very much about the view, the setting and the lifestyle that comes with it.
Set on the first floor of a secure and beautifully maintained complex, 15/150 Mill Point Road is a well presented 2 bedroom, 1 bathroom apartment with something you simply can't add later, an uninterrupted outlook across the Swan River towards the Perth city skyline.
Step onto the balcony to enjoy river and city views. It's the kind of outlook that makes a morning coffee a little more enjoyable, gives you the perfect spot for an afternoon drink and turns an ordinary evening into something worth sitting down and enjoying.
Inside, the apartment has been nicely updated, with both the kitchen and bathroom renovated to give the home a fresh, modern feel without the hassle of taking on a renovation yourself.
The kitchen is practical and well laid out, with plenty of bench space and good cupboard storage. There's also a cleverly integrated washing machine tucked away in the kitchen, keeping the laundry neatly out of sight.
Both bedrooms are comfortable and well proportioned, with built-in robes and carpet underfoot. It's a straightforward, functional layout that works equally well for an owner-occupier, couple, downsizer or investor.
Then there's the complex itself... Gated and secure, the grounds are beautifully maintained and include undercover parking, two separate outdoor seating areas and a barbecue area, all positioned to make the most of those incredible river and city views.
And perhaps the feature you'll appreciate most is one you don't see from the apartment at all.
A private staircase and pathway from the complex takes you directly down to Sir James Mitchell Park and the riverfront. That means the river is quite literally at your doorstep.
Go for an early morning walk, head out for a jog, take the kids or the dog to the park, enjoy a picnic on the grass or simply wander down in the evening and watch the sun disappear behind the city skyline. It's an everyday convenience that makes this location feel genuinely special.
And when you want to head into the city, you're only moments away. South Perth offers the best of both worlds, easy access to the CBD while still giving you the cafes, restaurants, riverfront walks and relaxed atmosphere that make the suburb so popular.
Whether you're looking for a home that's easy to lock up and leave, a comfortable downsizer or an investment in one of Perth's most tightly held riverside locations, this apartment offers plenty to like.
The Property & What We Love?!
• Year Built: 1968 | Built Up Area: 62m2
• 2 bedrooms, 1 bathroom
• Uninterrupted Swan River and Perth city views
• Renovated kitchen with excellent bench and cupboard space
• Hideaway washing machine within the kitchen
• Renovated bathroom
• Built-in robes to both bedrooms
• Carpeted bedrooms
• Gated and secure complex with undercover parking
• Beautifully maintained communal gardens
• Two communal seating areas
• Barbecue area overlooking the Swan River and city
• Private staircase and pathway to Sir James Mitchell Park
• Close to South Perth's cafes, restaurants, riverfront and everyday amenities
• Estimated Rental: $670 - $720/week
Outgoings
• Council Rates: app. $2,023.44 (FY 26-27)
• Water Rates: app. $924.04 (FY 25-26)
• Strata Levies: Approx. $1,517.00/qtr (Admin: $1,100.00/qtr, Reserve: $117.00/qtr & Special Levy: $300.00/qtr)
For those looking for more than just an apartment, 15/150 Mill Point Road offers something considerably more valuable, a lifestyle. Give listing agents Edward Lim or Jaidyn Wood a call.
** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.**
Listing description written by Edward Lim, Ray White ELG — reproduced as published, not verified by Districts.