Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › East Perth › Wellington St

U17, 35 Wellington St, East Perth WA 6004

For saleApartment

$560,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

58 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $560,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $560,000(Listing record · 10 Feb 2025)
  • CalculationAsk is 66% below the East Perth median recorded sale ($1,650,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Perth's advertised median rent ($724/wk), implied gross yield would be 6.72% — 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

$560,000

Asking · $9,655/m² of land

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.

See the full East Perth report →

Vs East Perth

-66.1%

Median sale

Suburb $1,650,000

+4.44 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.

Total cost to purchase

Purchase Price
$560,000
Stamp Duty (Western Australia)
$20,615
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
$584,540

$24,540 on top of the price (4.4% 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 East Perth's advertised median rent — not a rent for this listing.

Net yield
5.22%
Annual cashflow (pre-tax)
$128
Interest cover (DSCR)
1.00
Annual rent
$37,648
Operating expenses
$8,400
Loan amount
$448,000
Annual interest
$29,120
Gross yield
6.72%

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$560,000available10 Feb 2025

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. Listed land size is 58 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.

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 $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.

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 6.7%. 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. Listed land size is 58 m² — that is not 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

East Perth in one glance

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.

See the full East Perth report →

Keep researching

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

Listing material

Listed by SaleByHomeOwner.com.au

Modern East Perth Apartment - Fully Furnished

**Selling Fully Furnished**

Located: 17/35 Wellington Street, East Perth

Financials & Viewing Information

Read the full description

Strata Fees: $1,122.53 per quarter (inclusive of Reserve funds).

Inspections: A comprehensive virtual tour is available online. Physical walkthroughs can be arranged by appointment only.

Enquire today using code 1521 to secure your slice of premium East Perth real estate!

Step into effortless, contemporary city living with this beautifully presented, fully furnished one-bedroom apartment. Built in mid-2015, this modern East Perth residence offers the ultimate lock-and-leave lifestyle or a brilliant turnkey investment, perfectly positioned right on the edge of the Perth CBD.

Whether you are unwinding on your private balcony, working out in the gym, or entertaining friends on the stunning rooftop terrace, this apartment delivers a premium lifestyle in one of Perth’s most vibrant precincts.

The Apartment

Spacious & Stylish: 47 sqm of cleverly designed internal living space featuring a modern open-plan layout.

Outdoor Entertaining: Step out onto your private 11 sqm balcony to enjoy the fresh air and city energy.

Turnkey Convenience: Offered fully furnished—simply bring your suitcase and settle in.

Modern Comforts: Complete with a sleek modern kitchen, split-system air conditioning, and audio intercom security for peace of mind.

Resort-Style Building Amenities

Rooftop Oasis: Entertain guests at the rooftop BBQ terrace while taking in sweeping, panoramic views of the city.

Health & Leisure: Enjoy access to a fully equipped gym, a lap pool, and a relaxing sun deck for those warm summer days.

Secure Parking: Includes a secure car stacker parking bay for one vehicle.

The Prime Location

Put yourself in the heart of the action with East Perth’s best attractions right at your doorstep:

Free CBD Transit: The Yellow and Red CAT buses stop mere moments away, providing free and fast access straight into the Perth CBD.

Riverside Lifestyle: Just a short, scenic walk to the cafes and waterfront dining of Claisebrook Cove.

Entertainment Hub: Approximately 1.1km to the Matagarup Bridge, offering direct pedestrian access to Optus Stadium.

Unmatched Convenience: Surrounded by world-class sporting and entertainment venues, including RAC Arena, HBF Park, the WACA, and the Perth Convention Centre, alongside a paradise of retail outlets, boutique bars, and incredible restaurants.

Property Code: 323

Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.

Also look at

Also for sale in East Perth

  • 41/18 Wellington St, East Perth WA 6004

    1-bed apartment. Asking $500K.

    For sale
  • U48, 99-105 Wellington St, East Perth WA 6004

    2-bed apartment. Currently listed.

    For sale
  • 64/18 Wellington St, East Perth WA 6004

    2-bed apartment. Currently listed.

    For sale
  • 47 Wellington St, East Perth WA 6004

    2-bed house for sale. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.