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WA › Osborne Park › Edward St

U3, 122 Edward St, Osborne Park WA 6017

For saleApartment

$729,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

108 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $729,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $729,000(Listing record · 22 June 2026)
  • CalculationAsk is 22% below the Osborne Park median recorded sale ($940,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Osborne Park's advertised median rent ($710/wk), implied gross yield would be 5.06% — 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

$729,000

Asking · $6,750/m² of land

No recorded sale for this property.

Osborne Park at a glance

5,137

People

$940,000

Median sale

$710/wk

Median rent

3.93%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Osborne Park report →

Vs Osborne Park

-22.4%

Median sale

Suburb $940,000

+1.13 pp

Gross yield

Suburb 3.93%

Suburb median $940,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$729,000
Stamp Duty (Western Australia)
$28,659
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
$761,584

$32,584 on top of the price (4.5% 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 Osborne Park's advertised median rent — not a rent for this listing.

Net yield
3.56%
Annual cashflow (pre-tax)
$-11,923
Interest cover (DSCR)
0.69
Annual rent
$36,920
Operating expenses
$10,935
Loan amount
$583,200
Annual interest
$37,908
Gross yield
5.06%

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$729,000available22 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 108 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 $710/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 5.1%. 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

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 108 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

Osborne Park in one glance

Osborne Park at a glance

5,137

People

$940,000

Median sale

$710/wk

Median rent

3.93%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Osborne Park report →

Keep researching

  • Why Osborne Park? Read the area thesis →
  • What else is on the market in Osborne Park →
  • Other records on Edward St →

Listing material

Listed by Professionals Main Realty

Stylish, Low-Maintenance Living in a Prime Osborne Park Location

Perfectly positioned in one of Osborne Park's most convenient pockets, this modern 2 bedroom, 2 bathroom apartment delivers the lifestyle today's buyers are searching for - contemporary design, low maintenance living, and exceptional access to everything you need.

Built in 2015, the home offers a bright and welcoming open plan layout that creates an immediate sense of space and comfort. The modern kitchen overlooks the living and dining area, making everyday living effortless and entertaining a breeze.

The spacious master bedroom features its own private ensuite, while the second bedroom and bathroom provide flexibility for guests, housemates, or a home office setup. Step outside to your private outdoor space-perfect for morning coffee, weekend relaxation, or entertaining friends.

Read the full description

Why You'll Love It:

• Modern 2015-built villa

• Two generous bedrooms and two bathrooms

• Light-filled open-plan living and dining

• Stylish kitchen with contemporary finishes

• Split-system air conditioning to both bedrooms and the lounge room for year-round comfort

• Private balcony and outdoor entertaining area

• Secure automatic gated car bay for added convenience and peace of mind

• Private storeroom providing valuable extra storage space

• Secure, low-maintenance lock-and-leave lifestyle

• Ideal for owner-occupiers and investors alike

Location is everything, and this home delivers. Enjoy easy access to shopping centres, cafés, restaurants, public transport, and Perth's major road networks, putting the CBD, coast, and surrounding suburbs all within easy reach.

Whether you're looking to enter the market, expand your investment portfolio, or secure a low-maintenance property in a high-demand suburb, this is an opportunity not to be missed.

Council Rates: $1712 p.a

Strata Levies: $725/qtr

Water Rates: $1188 p.a

Contact us today to arrange your inspection and discover the perfect combination of style, security, comfort, convenience, and investment potential in the heart of Osborne Park.

Details provided for this property are for information only and should not be taken as a representation in any respect on the part of the vendor, landlord, or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract, or Lease Agreement. All plans and measurements are approximate and not to scale.

Listing description written by Jodie Holbrook, Professionals Main Realty — reproduced as published, not verified by Districts.

Also look at

Also for sale in Osborne Park

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  • 81B Edward St, Osborne Park WA 6017

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  • 81D Edward St, Osborne Park WA 6017

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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.