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WA › Leederville › Wylie Pl

U21, 2 Wylie Pl, Leederville WA 6007

For saleUnit

$700,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

133 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $700,000(Listing record · 3 June 2026)
  • FactLand 133 m²; no building size recorded.(Property record)
  • CalculationAsk is 56% 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 6.00% — 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

$700,000

Asking · $5,263/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

-56.2%

Median sale

Suburb $1,600,000

+3.37 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
$700,000
Stamp Duty (Western Australia)
$27,265
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
$731,190

$31,190 on top of the price (4.5% 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
4.50%
Annual cashflow (pre-tax)
$-4,884
Interest cover (DSCR)
0.87
Annual rent
$42,016
Operating expenses
$10,500
Loan amount
$560,000
Annual interest
$36,400
Gross yield
6.00%

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$700,000available3 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 133 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 6.0%. 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 133 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 Wylie Pl →

Listing material

Listed by Listed Estate Agents

Sorry! It's Gone - Under Contract!

Get ready to fall in love!

Set within the highly regarded Parkside Gardens complex and overlooking the beautiful tranquil surrounds of Brentham Gardens, this spacious first floor apartment offers a rare blend of lifestyle, location and investment security. Surrounded by established trees and parklands, yet only moments from the energy and convenience of Leederville's renowned café, dining and entertainment precinct.

Currently leased at $750 per week until 4 October 2026, with quality tenants keen to extend their lease, this is an outstanding opportunity for investors seeking immediate income and long term growth in one of Perth's most desirable inner-city suburbs.

Read the full description

PROPERTY FEATURES

• Elevated first floor position with peaceful parkland outlook

• One of the most desirable positions within the Parkside Gardens complex

• Spacious open plan living and dining area

• Large balcony overlooking Brentham Gardens

• Second private outdoor entertaining area providing excellent indoor/outdoor living

• Functional kitchen with plenty of storage and scope to add further value

• Separate laundry with built in storage cupboards

• Two generous bedrooms, both with built in robes

• Modern bathroom with floor to ceiling tiling

• Split system air conditioning to the living area

• Ceiling fan to the main bedroom

• Exclusive use covered double tandem carport

INVESTMENT HIGHLIGHTS

• Currently leased at $750 per week

• Fixed lease in place until 4 October 2026

• Existing tenants are keen to extend their lease

• Strong rental demand in the Leederville market

• Ideal set and forget investment or future owner occupier opportunity

OUTGOINGS

• Council Rates: Approx. $1,900 per annum

• Water Rates: Approx. $1,190per annum

• Low Strata Levy: $650 plus Reserve Fund: $100

- Total: $750 per quarter

LIFESTYLE LOCATION

• Directly opposite beautiful Brentham Gardens and parklands

• Short stroll to Oxford Street cafés, restaurants, bars and boutiques

• Easy access to Leederville Train Station and public transport

• Minutes to Perth CBD

• Walk to sporting facilities, recreational amenities and local shopping

• Convenient access to both Leederville and Mt Hawthorn lifestyle precincts

WHY YOU'LL LOVE IT

Whether you're looking to secure a quality investment with strong holding income, or planning for a future move into one of Perth's most vibrant suburbs, this apartment offers an enviable combination of space, lifestyle and location. Parkside opportunities like this are tightly held and rarely become available.

For further information contact Barney Fleiser today.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, interested parties should make their own enquiries and rely on their own independent advice.

Listed Estate Agents accepts no responsibility for any inaccuracies.

Listing description written by Barney Fleiser, Listed Estate Agents — 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.