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WA › Tom Price › Pilkena St

U2, 25 Pilkena St, Tom Price WA 6751

For saleHouse

$950,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

384 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000(Listing record · 14 Feb 2025)
  • CalculationRecorded House sales in Tom Price (last 5 years) with land size: median $706/m² of land (n=8). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 39% above the Tom Price median recorded sale ($685,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tom Price's advertised median rent ($452/wk), implied gross yield would be 2.47% — 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

$950,000

Asking · $2,474/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Tom Price (last 5 years) with land size have a median of $706/m² of land (n=8). Districts calculation from recorded sales — not a valuation.

Tom Price at a glance

3,512

People

$685,000

Median sale

$452/wk

Median rent

3.43%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Tom Price report →

Vs Tom Price

+38.7%

Median sale

Suburb $685,000

-0.96 pp

Gross yield

Suburb 3.43%

Suburb median $685,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$950,000
Stamp Duty (Western Australia)
$40,041
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
$993,966

$43,966 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 Tom Price's advertised median rent — not a rent for this listing.

Net yield
0.97%
Annual cashflow (pre-tax)
$-40,146
Interest cover (DSCR)
0.19
Annual rent
$23,504
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
2.47%

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$950,000available14 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 384 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 $452/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 2.5%. 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 384 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

Tom Price in one glance

Tom Price at a glance

3,512

People

$685,000

Median sale

$452/wk

Median rent

3.43%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Tom Price report →

Keep researching

  • Why Tom Price? Read the area thesis →
  • What else is on the market in Tom Price →
  • Other records on Pilkena St →

Listing material

Listed by Salt Property Group

Going, Going, Almost Gone!

Salt Property Group proudly presents a rare chance to secure not one, but four modern, fully leased townhouses in the thriving mining town of Tom Price, Western Australia. Units 2 & 3/25 Pilkena Street, Tom Price - Now for Sale.

Offering impressive gross yields between 10% and 11%, this positively geared portfolio is ideal for savvy investors seeking strong returns and long-term security in a high-demand market.

Why Tom Price?

Read the full description

Located in the resource-rich Pilbara region, Tom Price sits at the core of WA's booming iron ore and minerals industry. With a consistent influx of skilled professionals and contractors, rental demand remains strong and resilient-a key driver of property performance in this tightly held market.

Residential vacancy rate: 0.71% - significantly lower than the Perth average of 2% (Jan 2025, REIWA)

A limited housing supply paired with steady demand supports increasing rental returns and low tenant turnover.

Some of the features of the townhouses include:

- 4 spacious bedrooms & 3 bathrooms

- Modern interiors with built-in robes, split system air conditioning & ceiling fans

- Large kitchen with electric cooktop & dishwasher

- Double carport & private low-maintenance courtyard

Built 10 years ago, the townhouses are modern and spacious including four bedroom, three bathrooms. Centrally located within the town, local amenities are conveniently located nearby:

- 510m to Tom Price High School

- 980m to Junior School

- 1.4km to town centre

- 1.9km to hospital

Whether you're looking to diversify your portfolio, generate reliable cash flow, or invest in one of WA's strongest regional rental markets, this is an opportunity not to miss.

Contact Salt Property Group today for the full Information Memorandum and income details.

Listing description written by Glen O'Brien, Salt Property Group — reproduced as published, not verified by Districts.

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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.