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 › Bennett St
$699,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
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
$699,000
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
-57.6%
Median sale
Suburb $1,650,000
+3.11 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.
$31,143 on top of the price (4.5% 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 5.4%. 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 Baston & Co. PropertyPositioned on the fifth floor of the highly regarded Absolute Apartments, this impressive residence offers an enviable combination of space, lifestyle and investment appeal. With an expansive 96sqm of internal living plus a generous 16sqm balcony, there is considerably more room here than you might expect from a CBD apartment.
Better still, the apartment is currently fully furnished and can be sold either fully furnished or vacant, providing flexibility for both owner-occupiers and investors.
The open-plan living and dining area forms the heart of the apartment, extending seamlessly onto the large private balcony - an ideal spot to enjoy your morning coffee, entertain friends or simply take in the city surrounds. The well-appointed kitchen features stone benchtops, feature glass splashbacks and quality stainless-steel appliances, while both bedrooms are generously proportioned and fitted with mirrored built-in robes.
The master suite offers a touch of luxury with its own ensuite complete with spa bath, while both bathrooms feature full-height tiling, stone vanity tops and semi-frameless shower screens.
Comfort is taken care of year-round with ducted reverse-cycle air conditioning, while secure undercover parking, a private storeroom and audio-visual intercom provide the practicality you would expect from a quality city residence.
Residents of Absolute Apartments have access to an impressive collection of rooftop resort-style amenities, including an 18-metre heated lap pool, eight-seater spa, gymnasium, sauna, residents' lounge with pool table, kitchen and dining facilities, plus an outdoor terrace with BBQ facilities.
Currently leased until 23/11/2026 at $840 per week.
Potential for lease to finish early to facilitate a vacant possession.
PROPERTY FEATURES
Luxurious fifth-floor position
Spacious 2-bedroom, 2-bathroom apartment
Approx. 96sqm of internal living
Generous 16sqm private balcony
Two spacious bedrooms with mirrored built-in robes
Master bedroom with deluxe ensuite and spa bath
Two beautifully appointed bathrooms
Full-height bathroom tiling
Stone vanity tops and semi-frameless shower screens
Open-plan living and dining area
Well-appointed kitchen with stone benchtops
Feature glass splashbacks
Quality stainless-steel appliances
Ducted reverse-cycle air conditioning
Audio-visual intercom
Large balcony ideal for entertaining
Secure building
Undercover car bay
Private storeroom
Fully furnished - available with or without furniture
LOCATION
The beauty of this apartment is being able to enjoy the best of East Perth and the CBD without sacrificing space or lifestyle.
Minutes from Langley Park and the Swan River, with easy access to walking and cycling paths
100m to public transport, including access to the Free CBD Transit Zone
1.1km to Elizabeth Quay, waterfront restaurants, pop-up bars, events and ferry services
1.1km to Perth CBD and Hay Street Mall, with shopping, dining and entertainment at your doorstep
1.3km to Lake Vasto and Point Fraser, including Embargo Bar, cafes and restaurants
1.6km to Royal Street, with its cafes, shops and Claisebrook Cove
2.2km to Matagarup Bridge, providing easy access to Optus Stadium, The Camfield and Crown Resorts
OUTGOINGS & PROPERTY INFORMATION
Internal: 96sqm
Balcony: 16sqm
Parking Bay: 13sqm
Store: 2sqm
Strata Levies: Approx. $2,426.65 per quarter
Council Rates: Approx. $1,747.35 per annum
Water Rates: Approx. $1,276.05 per annum
Opportunities to secure a spacious, fully furnished two-bedroom apartment with this level of resident amenity and such close proximity to the Swan River and Perth CBD are becoming increasingly difficult to find.
Contact Joel Mitton on 0415 636 585 to arrange your viewing.
DISCLAIMER
**Advertising photo's were taken from before the current tenancy and may not be a true representation of the property*
Listing description written by Joel Mitton, Baston & Co. Property — reproduced as published, not verified by Districts.