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WA › Wellard › Pimlico Cres

U210, 50 Pimlico Cres, Wellard WA 6170

For saleApartment

$580,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

115 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $580,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $580,000(Listing record · 30 June 2026)
  • FactLand 115 m²; no building size recorded.(Property record)
  • CalculationAsk is 32% below the Wellard median recorded sale ($850,000, n=159, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wellard's advertised median rent ($708/wk), implied gross yield would be 6.35% — 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

$580,000

Asking · $5,043/m² of land

No recorded sale for this property.

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 159 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Vs Wellard

-31.8%

Median sale

Suburb $850,000

+2.02 pp

Gross yield

Suburb 4.33%

Suburb median $850,000 from 159 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$580,000
Stamp Duty (Western Australia)
$21,565
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
$605,490

$25,490 on top of the price (4.4% 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 Wellard's advertised median rent — not a rent for this listing.

Net yield
4.85%
Annual cashflow (pre-tax)
$-2,044
Interest cover (DSCR)
0.93
Annual rent
$36,816
Operating expenses
$8,700
Loan amount
$464,000
Annual interest
$30,160
Gross yield
6.35%

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$580,000available30 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 115 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 $708/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 6.3%. 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 115 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

Wellard in one glance

Wellard at a glance

18,903

People

$850,000

Median sale

$708/wk

Median rent

4.33%

Suburb gross yield

Median sale from 159 recorded sales (last 12 months) — a Districts calculation.

See the full Wellard report →

Keep researching

  • Why Wellard? Read the area thesis →
  • What else is on the market in Wellard →
  • Other records on Pimlico Cres →

Listing material

Listed by Coulson & Co

Strong Income, Secure Tenant, Outstanding Opportunity

Lauren Wiegele is proud to present another fantastic Apartment to the Wellard marketplace! Welcome to the Invita Apartments @ 50 Pimlico Crescent.

Ready to Invest? This one is for you!

MAKE AN OFFER -

Read the full description

Lock up and Leave. Safe and Secure. Architecturally designed and Close to Everything! Set in the heart of Wellard Village just 30 minutes by train to Perth CBD, Stage 3 of the INVITA apartments is a 200m stroll to train station, shops, The Wellard pub and restaurants.

Here's a few reasons why you will LOVE this apartment :

✓ Secure gated complex with remote access and lift serviced apartments

✓ Modern, neutral colours throughout that will be up to date for many years to come

✓ Generous floor plans with open plan living, spacious bedrooms and plenty of built in storage

✓ Reverse cycle air con to keep your apartment cool or cosy year round

✓ Huge outdoor entertaining areas that don't cramp your style

✓ Modern kitchens with super chic European style appliances and plenty of storage space

✓ The Village Lifestyle; shops, Bliss Momos cafe restaurant, The Well Tavern, parks and public transport all within walking distance.

✓ RENTAL APPRAISAL | $600pw

✓ STRATA LEVIES | $1100 pq approx

✓ CURRENT TENANCY | Leased until 2027 @ $600pw

Get in contact with Loz TODAY - 0497 077 840

HOW TO MAKE THIS YOURS : Offers can be submitted via my secure online portal:

Please include:

– Deposit terms

– Finance details (incl. broker contact)

– Note if you have pre-approval

With your permission, our team will liaise with your broker to help pre-qualify your finance, giving your offer more weight with the seller. The stronger your offer, the better your chances.

Need help with the process? I've got you.

Call or text me anytime, Lauren Wiegele | 0497 077 840

*While all details are presumed to be correct at the time of publishing, buyers must complete their own due diligence. Images may include virtual staging for marketing purposes.

** Images are used to advertising purposes and may not reflect the current living arrangement *** While all details listed are presumed to be correct at time of publishing renters must perform their own due diligence.

Listing description written by Lauren Wiegele, Coulson & Co — reproduced as published, not verified by Districts.

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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.