East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
WA › East Perth › Adelaide Tce
$30,949,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$30,949,000
Asking
No recorded sale for this property.
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs East Perth
+1775.7%
Median sale
Suburb $1,650,000
-2.16 pp
Gross yield
Suburb 2.28%
Suburb median $1,650,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$1,588,914 on top of the price (5.1% extra)
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.
Pre-filled with East Perth's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $724/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 0.1%. 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
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
East Perth at a glance
14,359
People
$1,650,000
Median sale
$724/wk
Median rent
2.28%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realestate 88 East Perth- MUST BE SOLD BY 30TH AUG
- VACANT, READY TO MOVE IN
- NORTH FACING, SUNNY & BRIGHT
- BEAUTIFUL VIEWS TO STADIUM, RIVER, HILLS
- FULLY FURNISHED, COMPLETE PACKAGE
Rising high on Level 21 of Queens Riverside III, this beautifully appointed north‑facing residence captures sweeping views across the WACA, Optus Stadium, Queens Gardens and the Swan River, all framed by full‑height glazing that fills the home with bright, all‑day sunshine. Vacant and ready to move in, it offers an exceptional turnkey opportunity for owner‑occupiers seeking effortless luxury in one of East Perth's most coveted precincts.
Adding to its already exceptional lifestyle appeal, the precinct is set to become even more vibrant with the upcoming Inner City Primary School and the new WACA water playground, both transforming East Perth into a more family‑friendly, community‑centred destination. These major upgrades will bring new energy, green spaces and activity to the neighbourhood, further enhancing walkability, liveability and long‑term value for residents and investors alike.
Step inside to a generous open‑plan living and dining zone that flows onto a timber‑decked balcony — the perfect vantage point for morning light, evening city glow, and everything in between. The practical layout enhances privacy and flexibility, with the two bedrooms thoughtfully separated, each enjoying its own outlook. A dedicated study nook adds real versatility for those working from home, or it can easily be reimagined with a Murphy bed to create a clever third studio‑style guest room.
Completing the picture are two secure tandem car bays, a private storeroom, and intercom access. Residents also enjoy exclusive access to Level 4's resort‑style amenities — an infinity lap pool, two hot tubs, a fully equipped gym, residents lounge, theatre room and the convenience of an on‑site concierge.
With its premium position, sun‑soaked aspect, spacious design and strong rental return, this is a standout offering for professionals, downsizers or investors seeking a high‑quality, low‑maintenance lifestyle on the city's edge.
Property At a Glance:
- 2014‑built, Level 21 residence in the prestigious “Queens Riverside III”
- Two bedrooms, two bathrooms, plus a versatile study nook
- Fully furnished and equipped, offering a complete turnkey package
- Open‑plan kitchen, living and dining designed for modern comfort
- North‑facing balcony with timber decking and full‑height stacker doors
- Panoramic views of the Swan River, Queens Gardens, the WACA and Optus Stadium
- Well‑appointed kitchen with stone benchtops, tiled splashback and ample storage
- European appliances including dishwasher, oven, Smeg cooktop and microwave
- Master bedroom with walk‑in robe and a stunning ensuite featuring a bathtub
- Spacious second bedroom with built‑in robes and city views
- Luxurious second bathroom with modern vanity and walk‑in shower
- Separate european laundry with cabinetry and stone benchtop
- Ducted reverse‑cycle air conditioning throughout
- Secure storeroom, two car bays (tandem)
- On‑site concierge, secure intercom access
- Resort‑style facilities on Level 4 including an infinity lap pool, two hot tubs, fully equipped gym, residents lounge and theatre room
Strata Areas & Outgoings:
- Internal 87sqm, Balcony 8sqm, Car Bays 27sqm, Storeroom 5sqm; Total 127sqm
- Council: $2,414.05 p.a.
- Water: $1,422.54 p.a.
- Strata Levies: $1,673.44 p.q. (admin + reserve)
Perfectly positioned to enjoy the best of East Perth, this location offers direct access to the Swan River foreshore and easy walks to Langley Park and Queens Gardens, while placing you moments from major entertainment destinations including the WACA Ground, Optus Stadium, Elizabeth Quay and the Crown Entertainment Complex. With free CAT buses and nearby public transport providing effortless connectivity to the Perth CBD, every lifestyle convenience is right at your doorstep.
Call Terry Lu today on 0410 213 027 for more information, or to arrange private inspection.
DISCLAIMER:
All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.
Listing description written by Terry Lu, Realestate 88 East Perth — reproduced as published, not verified by Districts.
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