Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › Victoria Park › Canning Hwy

U26, 54 Canning Hwy, Victoria Park WA 6100

For saleApartment

$500,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

71 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $500,000(Listing record · 13 Aug 2026)
  • FactLand 71 m²; no building size recorded.(Property record)
  • CalculationAsk is 58% below the Victoria Park median recorded sale ($1,192,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Victoria Park's advertised median rent ($660/wk), implied gross yield would be 6.86% — 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

$500,000

Asking · $7,042/m² of land

No recorded sale for this property.

Victoria Park at a glance

10,771

People

$1,192,500

Median sale

$660/wk

Median rent

2.88%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Victoria Park report →

Vs Victoria Park

-58.1%

Median sale

Suburb $1,192,500

+3.98 pp

Gross yield

Suburb 2.88%

Suburb median $1,192,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$500,000
Stamp Duty (Western Australia)
$17,765
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
$521,690

$21,690 on top of the price (4.3% 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 Victoria Park's advertised median rent — not a rent for this listing.

Net yield
5.36%
Annual cashflow (pre-tax)
$820
Interest cover (DSCR)
1.03
Annual rent
$34,320
Operating expenses
$7,500
Loan amount
$400,000
Annual interest
$26,000
Gross yield
6.86%

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$500,000available13 Aug 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 71 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 $660/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 6.9%. 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 71 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

Victoria Park in one glance

Victoria Park at a glance

10,771

People

$1,192,500

Median sale

$660/wk

Median rent

2.88%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Victoria Park report →

Keep researching

  • Why Victoria Park? Read the area thesis →
  • What else is on the market in Victoria Park →
  • Other records on Canning Hwy →

Listing material

Listed by Next Move Real Estate

CITY FRINGE, MOMENTS TO FORESHORE

Enjoy the convenience and lifestyle appeal of this well-presented two-bedroom apartment, perfectly positioned on the first floor at the end of a well-maintained complex.

Offering a fantastic city-fringe location, you’ll be close to the river and foreshore, local parks, public transport, shops, cafés and the vibrant Victoria Park restaurant strip, with the city centre also within easy reach.

Inside, the apartment features a modern design and spacious open-plan layout, with large windows filling the living area with natural light and creating a bright and inviting atmosphere throughout. The well-equipped kitchen offers ample storage and bench space, flowing seamlessly through to the lounge and dining areas to create a practical space for both everyday living and entertaining.

Read the full description

A private balcony extends the living space outdoors, providing a pleasant spot to enjoy your morning coffee, or unwind at the end of the day. Two well-sized bedrooms offer comfortable accommodation and a peaceful retreat, whilst both benefiting from easy access to the centrally located bathroom.

A dedicated carport adds further convenience, while the well-maintained complex provides a welcoming setting for a comfortable, low-maintenance city-fringe lifestyle.

F E A T U R E S

- First floor apartment

- Spacious open plan living

- Modern design and layout

- Light filled and inviting

- Fully equipped kitchen

- Exclusive use private balcony

- Combined bathroom and laundry

- Ceiling fans

- Exclusive use undercover car bay

- Well-maintained complex

- Excellent city-fringe location

- Exciting foreshore lifestyle at your fingertips

- Walk/ride to river, foreshore, transport, shops, Perth CBD and Victoria Park’s renowned restaurant strip

- Strata 71m2 plus exclusive use balcony and car bay - Total 87m2

O U T G O I N G S

Council Rates $1703.72 per annum

Water Rates $912.20 per annum

Strata fees, Admin $734.13 and Reserve $59.52 per quarter

L O C A T I O N

- 130m to Raphael Park

- 300m to Taylor Reserve

- 450m to the Swan River, Foreshore

- 500m to the new Victoria Prak Skate Park, Basketball, pump track

- 850m to Boorloo Bridge

- 1.0km to Victoria Park Primary School

- 1.4km to the Victoria Park restaurant strip

- 1.8km to Kent Street Senior High School

- 1.9km to Victoria Park Leisurelife Centre

- 2.4km to Optus Stadium

- 2.7km to The Park Centre Shopping Complex

- 4.8km to Curtin University

- 5.0km to heart of Perth CBD

- 8.6km to Perth Airport

This apartment offers an appealing combination of space, practicality and location, making it an ideal choice for those seeking convenience and easy living in an exciting and highly connected setting. Don't miss this opportunity. Call Michael Allen to register your interest today!

Listing description written by Michael Allen, Next Move Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes

Also look at

Also for sale in Victoria Park

  • 169 Berwick St, Victoria Park WA 6100

    3-bed house. Currently listed.

    For sale
  • U301, 69 Leonard St, Victoria Park WA 6100

    1-bed apartment. Currently listed.

    For sale
  • 14 Cargill St, Victoria Park WA 6100

    3-bed house for sale. Asking $1.35M.

    For sale
  • 177A Berwick St, Victoria Park WA 6100

    3-bed house for sale. Asking $749K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.