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WA › Leederville › Loftus St

U2, 187 Loftus St, Leederville WA 6007

For saleApartment

$919,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

124 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $919,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $919,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 43% below the Leederville median recorded sale ($1,600,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Leederville's advertised median rent ($808/wk), implied gross yield would be 4.57% — 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

$919,000

Asking · $7,411/m² of land

No recorded sale for this property.

Leederville at a glance

4,728

People

$1,600,000

Median sale

$808/wk

Median rent

2.63%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Leederville report →

Vs Leederville

-42.6%

Median sale

Suburb $1,600,000

+1.94 pp

Gross yield

Suburb 2.63%

Suburb median $1,600,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$919,000
Stamp Duty (Western Australia)
$38,444
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
$961,369

$42,369 on top of the price (4.6% 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 Leederville's advertised median rent — not a rent for this listing.

Net yield
3.07%
Annual cashflow (pre-tax)
$-19,557
Interest cover (DSCR)
0.59
Annual rent
$42,016
Operating expenses
$13,785
Loan amount
$735,200
Annual interest
$47,788
Gross yield
4.57%

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$919,000available25 Aug 2026

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 124 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 $808/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 4.6%. 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 124 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

Leederville in one glance

Leederville at a glance

4,728

People

$1,600,000

Median sale

$808/wk

Median rent

2.63%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Leederville report →

Keep researching

  • Why Leederville? Read the area thesis →
  • What else is on the market in Leederville →
  • Other records on Loftus St →

Listing material

Listed by Inhabit Property

Elevated Inner-City Living with Iconic Leederville Style

Elevated above the vibrant heart of Leederville, this refined residence at Loft Haus Apartments welcomes you with an immediate sense of calm and sophistication. Step inside to discover light-filled open living spaces framed by engineered timber flooring. The atmosphere feels considered and indulgent, a private retreat that still keeps you intimately connected to Perth's most dynamic inner-city lifestyle, with celebrated cafés, boutiques and culture just moments away.

At the centre of the home, the kitchen is a statement in modern luxury, where quality stone benchtops, premium appliances and sleek cabinetry invite both everyday living and stylish entertaining. Flowing effortlessly into the living and dining zones, this space is designed for relaxed evenings or hosting friends before heading out to Leederville's iconic dining strip. Slide open the doors to the private balcony and enjoy an elevated outlook that becomes your personal backdrop for morning coffee or sunset drinks.

Thoughtful design continues through the accommodation, with two bedrooms positioned at opposite ends of the apartment to enhance privacy and comfort. The main bedroom is a tranquil haven featuring a generous walk-in robe and contemporary ensuite, while the second bedroom offers built-in robes and easy access to the main bathroom with integrated laundry. A dedicated study completes the layout, making it ideal for working from home, while secure parking and quality finishes throughout elevate everyday living into something truly special.

Read the full description

Features and Rates (Estimated):

- Internal: 84sqm | Balcony: 10sqm | Cars: 26sqm | Store: 4sqm | Total: 124sqm

- Strata: $1,006.50pq (Admin) + $99.00pq (Reserve)+$165.00 (Special Levy) | Council: $2,295.42.pa | Water: $1,435.98pa

- Securely leased until 21/02/2027 leased for $855.00 per week.

- Level 1

- Orientation: East

- Built: 2022

- Zoning: Residential (Strata)

- Council: City of Vincent

- Total Strata Lots In Complex: 15

- School Catchments: West Leederville Primary School (Intake shared with North Perth PS), North Perth Primary School (Optional Intake Area) and Bob Hawke College (Local-Intake Area)

- Closest Private Schools: Aranmore Catholic College,Trinity Grammar, Mercedes College and Perth Modern

Walking distance to fantastic amenities and attractions, including (Approximately):

- 110m to closest free CAT bus stop

- 650m to closest café (Kin Coffee)

- 650m to Charles Veryard Reserve

- 650m to Loftus Recreation Centre

- 800m to Brentham Reserve

- 900m to Smiths Lake Reserve

- 1.3km to Leederville Mini Mart

- 1.3km to Vibe North Perth

- 1.4km to Leederville Village

- 1.6km to North Perth Plaza

- 1.7km to Beatty Park Leisure Centre (Swimming)

- 1.8km to The Good Grocer (IGA)

Contact Exclusive Selling Agent Tama MacFater on 0406 282 184 or Mievez Narayan on 0420 821 869 to arrange your inspection.

Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change at all times without notice.

Listing description written by Tama MacFater, Inhabit Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Floorboards
  • Secure Parking
Districts

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

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