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WA › Belmont › Gardiner St

U2, 32 Gardiner St, Belmont WA 6104

For saleTownhouse

$850,870

For sale

Asking

3

Bedrooms

2

Bathrooms

4

Car spaces

200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,870 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,870(Listing record · 22 June 2026)
  • FactLand 200 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% below the Belmont median recorded sale ($977,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Belmont's advertised median rent ($682/wk), implied gross yield would be 4.17% — 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

$850,870

Asking · $4,254/m² of land

No recorded sale for this property.

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.

See the full Belmont report →

Vs Belmont

-13.0%

Median sale

Suburb $977,500

+0.54 pp

Gross yield

Suburb 3.63%

Suburb median $977,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,870
Stamp Duty (Western Australia)
$34,935
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
$889,730

$38,860 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 Belmont's advertised median rent — not a rent for this listing.

Net yield
2.67%
Annual cashflow (pre-tax)
$-21,544
Interest cover (DSCR)
0.51
Annual rent
$35,464
Operating expenses
$12,763
Loan amount
$680,696
Annual interest
$44,245
Gross yield
4.17%

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$850,870available22 June 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 200 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 $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.

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 4.2%. 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 200 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

Belmont in one glance

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.

See the full Belmont report →

Keep researching

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

Listing material

Listed by RealtyWest

STREET-FRONT TOWNHOUSE IN CONVENIENT LOCATION

*VIEWING BY APPOINTMENT* Please call Jordan on 0406 544 401 to arrange your private inspection.

Positioned within a small group of just four residences, this freestanding street-front townhouse delivers the perfect balance of space, security and low-maintenance living in a highly convenient Belmont location.

Thoughtfully designed across two levels, the home offers excellent separation between living and accommodation, while its practical floorplan, private outdoor entertaining area and exceptional parking make it ideally suited to professional couples, small families, FIFO workers and downsizers seeking an easy-care lifestyle without compromise.

Read the full description

THE LOCATION: Convenience at Your Doorstep

Located within walking distance of the Belvidere Street shopping precinct (currently undergoing significant revitalisation aimed at enhancing the streetscape, improving amenity and encouraging future investment), residents will enjoy easy access to an IGA supermarket, medical centre, chemist, post office, pub and bistro, cafés, takeaway outlets and a range of other everyday conveniences.

Situated approximately 7.5km from the Perth CBD, the home is also conveniently positioned close to public transport, airport facilities, Belmont Forum, the Swan River, Ascot Racecourse, Optus Stadium, Costco, DFO, parks, schools and the Redcliffe Train Station.

THE HOME: Secure, Spacious & Easy-Care Living

Enjoying the privacy and independence of a freestanding street-front position, the home centres around a spacious open-plan living and dining area overlooked by a well-appointed kitchen featuring stone benchtops, a large breakfast bar and quality stainless steel appliances.

The upstairs accommodation zone provides excellent separation from the main living areas, with the master suite offering a private balcony, security shutters, split-system air conditioning and ceiling fan.

Complementing the practical floorplan are ducted evaporative air conditioning, quality security screens, an alarm system and a double remote garage with additional storage space.

Outside, a large paved alfresco and private courtyard provide an inviting space to entertain family and friends or simply unwind in complete privacy.

FEATURES:

• Freestanding street-front townhouse in a small complex of four

• Four-car parking comprising double remote garage plus additional paved parking

• Spacious open-plan living and dining area

• Well-appointed kitchen with stone benchtops, large breakfast bar, 900mm oven, five-burner gas cooktop, rangehood and dishwasher

• Master bedroom featuring private balcony, security shutters, split-system air conditioning and ceiling fan

• Upstairs main bathroom, separate toilet and ensuite to master bedroom

• Downstairs guest powder room

• Ducted evaporative air conditioning plus split-system air conditioning to living area and master bedroom

• Large paved alfresco entertaining area and private courtyard

• Quality stainless steel security doors and windows

• CCTV & security alarm system

• Gas bayonet heating point

• Large gas storage hot water system

• Garage shopper's entry

• Upgraded curtains and blinds

THE ESSENTIALS:

• Land Area: 200sqm (survey strata)

• Council Rates: $1,992 p.a. (approx.)

• Water Rates: $1,312 p.a. (approx.)

• Strata Levy: $625 per quarter (note: building insurance is arranged separately by each lot owner)

Move straight in and enjoy easy, secure and comfortable living in a highly convenient Belmont location.

2/32 Gardiner Street, Belmont is proudly presented by Jordan Cardozo and Martin Cardozo of RealtyWest.

Enquire or call 0406 544 401 for further details.

_______________________________

DISCLAIMER: This information is provided for general purposes only. Whilst every care has been taken in preparing this advertisement, no warranty or representation is made as to its accuracy. Interested parties should conduct their own inquiries to verify all information.

Listing description written by Jordan Cardozo, RealtyWest — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3

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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.