Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
WA › Belmont › Wallace St
For sale
For sale
1
Bedrooms
1
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
No recorded sale price for this property yet.
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
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 $682/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
Belmont at a glance
7,941
People
$977,500
Median sale
$682/wk
Median rent
3.63%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Welsh Real Estate**PRICE GUIDE - HIGH $500'S PLUS**
What a COMPLEX, what a LOCATION! You will JUST LOVE this stunning 1 bedroom, 1 bathroom HIGH END and brilliantly designed apartment with incredible space and features.
Upon entering this impeccable architecturally designed complex with its own private entrance, you will walk into a private and spacious abode with an abundance of features that will appeal to everyone.
FEATURES INCLUDE:
* 1 large bedroom with built in robes
* 1 spacious sparkling bathroom
* Spacious kitchen with an abundance of cupboards and dishwasher
* European laundry
* Separate open living area
* High ceilings
* Heating and air-conditioning
* Roller blinds
* Security screens
* Security alarm
* Intercom
* Storeroom within the apartment outdoor area
* Beautifully presented and owner occupied
* Court yard with gate access
* 1 allocated car bay
* Visitor parking
* Secure automatic gated complex
* Complex of 8 apartments
* Council Rates - $1,533.08 per year
* Water Rates - $1,157.11 per year
* Strata Fees - $590.63 per quarter (including a reserve fund)
**Please note - Settlement in Mid September 2026 is preferred, please speak with selling agent Chantal Ricupero to discuss further.
Conveniently located close to Great Eastern Highway, Redcliffe Train Station, DFO, Costco and Belmont Forum, with easy access to the Perth CBD and public transport, this is an ideal location for buyers seeking low-maintenance living with excellent connectivity.
**Selling Agent's Note:
Having sold a number of properties in Belmont recently and many over the years, especially apartments, when a property such as this comes to market, they move FAST. Apartments are in HIGH DEMAND in this current HOT MARKET. This apartment is outstanding compared to many other apartments in the area.
This property could achieve $625 plus per week on the rental market.
WELSH Real Estate has a highly recommended and trusted property management team who would love to talk to you about your investment property and how we can help you.
If you are looking for security in owning your own home that is easy to live in or as an investment, this truly is THE DREAM.
THIS PROPERTY WILL BE SOLD.
Contact CHANTAL RICUPERO today on 0411 664 184 to register your interest and MAKE IT YOURS!
Listing description written by Chantal Ricupero, Welsh Real Estate — reproduced as published, not verified by Districts.