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WA › Silver Sands › Perseus Rd

U3, 10-12 Perseus Rd, Silver Sands WA 6210

For saleHouse

$599,000

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

300 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 22 May 2026)
  • CalculationRecorded House sales in Silver Sands (last 5 years) with land size: median $927/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 34% below the Silver Sands median recorded sale ($913,092, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Silver Sands's advertised median rent ($526/wk), implied gross yield would be 4.57% — 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

$599,000

Asking · $1,997/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Silver Sands (last 5 years) with land size have a median of $927/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Silver Sands at a glance

1,603

People

$913,092

Median sale

$526/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Silver Sands report →

Vs Silver Sands

-34.4%

Median sale

Suburb $913,092

+1.57 pp

Gross yield

Suburb 3.00%

Suburb median $913,092 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Western Australia)
$22,468
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
$625,393

$26,393 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 Silver Sands's advertised median rent — not a rent for this listing.

Net yield
3.07%
Annual cashflow (pre-tax)
$-12,781
Interest cover (DSCR)
0.59
Annual rent
$27,352
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
4.57%

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$599,000available22 May 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 300 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 $526/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 4.6%. 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 300 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

Silver Sands in one glance

Silver Sands at a glance

1,603

People

$913,092

Median sale

$526/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Silver Sands report →

Keep researching

  • Why Silver Sands? Read the area thesis →
  • What else is on the market in Silver Sands →
  • Other records on Perseus Rd →

Listing material

Listed by Harcourts Mandurah

Beachside Opportunity!

Ideally situated in the highly sought-after coastal enclave of Silver Sands, this beautifully renovated 3-bedroom, 1-bathroom unit offers the ultimate blend of style, comfort and low-maintenance beachside living.

Positioned within a quiet group of just four homes and located only metres from the pristine shoreline, this is an exceptional opportunity to secure your own slice of relaxed coastal paradise.

From the moment you step inside, you'll appreciate the care and attention that has gone into the stunning renovation throughout.

Read the full description

Freshly updated with a modern neutral palette, the interiors feel bright, airy and welcoming, while bold feature walls add warmth, character and contemporary flair.

Brand-new flooring flows seamlessly throughout the home, complementing the stylish new lighting and elegant sheer blinds that softly filter natural light and create a calming coastal ambience.

At the heart of the home, the brand-new kitchen is both functional and beautifully designed, complete with sleek benchtops, quality finishes and ample storage.

The kitchen is further enhanced by quality appliances including a Bosch dishwasher, LG double-door refrigerator with filtered water and ice dispenser, LG built-in electric oven and LG induction cooktop, making everyday living and entertaining a breeze.

The beautifully renovated bathroom provides a luxurious retreat, featuring a striking arched shower, stylish vanity and contemporary finishes, inviting you to unwind after a day spent enjoying the nearby beach and coastal lifestyle.

Designed for year-round enjoyment, the fully enclosed outdoor sunroom offers valuable additional living space, perfect for relaxing with a morning coffee, entertaining guests or simply enjoying the peaceful surroundings in comfort and privacy.

Additional features include roller shutters to the front of the home for added security, a single automatic garage, extra parking options, a new electric hot water system and a new 5sqm garden shed.

Whether you're searching for the perfect downsizer, a stylish first home, lock-and-leave coastal escape or savvy investment opportunity, this immaculate property ticks every box.

Investors will appreciate the property's exceptional combination of location, presentation and affordability.

Positioned just moments from the beach in one of Mandurah's most desirable seaside suburbs, the home offers broad appeal to both long-term tenants and holidaymakers alike.

With all the hard work already completed, this is a genuine set-and-forget investment opportunity with strong rental appeal and minimal maintenance requirements.

Adding even further value, there are no strata fees to pay.

Owners simply contribute to shared building insurance of approximately $800 per year, while water rates are only around $600 per year thanks to the septic system, and council rates are approximately $1,800 per year.

These low ongoing holding costs make the property an attractive option for both owner-occupiers and investors alike.

Offering effortless living just moments from the beach, local cafés, shopping facilities and essential amenities, this is coastal living at its finest in one of Mandurah's most tightly held beachside locations.

Don't miss your opportunity to secure this beautifully renovated coastal gem.

Key Features:

• Beautifully renovated 3-bedroom, 1-bathroom unit

• Quiet complex of only four residences

• Single automatic garage with additional parking available

• Brand-new kitchen with quality appliances throughout

• Bosch dishwasher included

• LG double-door refrigerator with filtered water and ice dispenser

• LG built-in electric oven and induction cooktop

• Luxuriously renovated bathroom featuring an arched shower

• Brand-new flooring, lighting and sheer window furnishings

• Fully enclosed sunroom with ocean views providing additional living space

• Roller shutters to the front of the home for added security

• New electric hot water system

• New 5sqm garden shed

• Low-maintenance lock-and-leave lifestyle

• Ideal for downsizers, first home buyers, holiday home seekers and investors

• No strata fees - only shared building insurance

• Building insurance approximately $800 per year

• Water rates approximately $600 per year (septic system)

• Council rates approximately $1,800 per year

• Excellent investment opportunity with low ongoing holding costs

• Strong appeal for both long-term tenants and holiday accommodation guests

Shopping & Local Conveniences:

• Silver Sands Beach - approx. 1 minute walk / metres away

• Silver Sands Shopping Centre - approx. 3 minutes / 1.5km

• Mandurah Forum Shopping Centre - approx. 8 minutes / 5km

• Mandurah Foreshore - approx. 7 minutes / 4.5km

• Mandurah Ocean Marina - approx. 9 minutes / 5.5km

• Mandurah Train Station - approx. 10 minutes / 6km

• Meadow Springs Golf & Country Club - approx. 8 minutes / 5km

• Peel Health Campus - approx. 10 minutes / 6.5km

Call Christine for more information on 0404 048 880 or Michael on 0417 927 159 for more information today.

This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information

Listing description written by Michael Goodwin, Harcourts Mandurah — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Courtyard
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed

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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.