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
For sale
For sale
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
No recorded sale price for this property yet.
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 PerthRoom A- Vacant, ready to move in or lease out
Room B- Currently leased until November 2026
Are you looking for something a little extraordinary — a home that gives you space to live well and the freedom to earn income at the same time? Here it is. Welcome to 309/8 Adelaide Terrace, set within the tightly held Queens Riverside precinct in East Perth, where a genuinely rare dual-key design turns a stylish apartment into a smarter lifestyle move.
The standout feature is the dual-key access, creating two clearly separated zones with strong privacy. You can live in one side and lease out the other independently, giving you a practical way to offset repayments while still enjoying your own home. For investors, it also opens the door to two separate tenancies under one roof — a smart strategy in a location where flexible living is in high demand.
What makes this setup so appealing is how naturally it suits different lifestyles. The second studio-style bedroom can just as easily become a private guest suite, a work-from-home office, or a comfortable arrangement for sharing with a housemate, without the compromises that come with a typical shared apartment.
Importantly, it's not only about the dual-key concept — the home is designed for everyday comfort too. The layout is practical, the spaces are well separated, and the living area feels spacious, creating a relaxed inner-city base that's easy to live in and easy to rent out if needed.
Property At a Glance:
- Built in 2014, locate on 3rd floor in "Queens Riverside III" complex
- Rare dual-key configuration- Extraordinary Flexibility that adapts to your life
- South-facing balcony with timber-style decking
- Spacious open-plan kitchen, living and dining area
- Contemporary kitchen with stone benchtops and glass splashback
- Quality appliances including dishwasher, electric cooktop, concealed fridge/freezer
- Main bedroom with built-in robes and ensuite featuring bath and full-height tiling
- 2nd bedroom is self-contained, with kitchenette and a private ensuite with full-height tiling
- Ducted reverse-cycle air conditioning throughout
- Separate laundry and a welcoming entry lobby
- Secure building with intercom access
- On-site concierge service
- Resort-style facilities on Level 4: infinity lap pool, two hot tubs, fully equipped gym, residents' lounge, and theatre room
Strata Areas & Outgoings:
- Internal: 109sqm, Balcony: 10sqm, Car Bay: 14sqm, Store: 5sqm, Total: 138sqm
- Council Rates: $ 2,168 p/a
- Water Rates: $ 1,300 p/a
- Strata Levies: $ 1,409 p/q (admin + reserve)
Location-wise, you're perfectly positioned to enjoy the best of East Perth: close to Queens Park, moments from the WACA precinct and its upgraded aquatic and recreation facilities, and with the new Inner City Primary School coming soon, this address continues to grow in long-term lifestyle appeal — whether you're living in it, leasing it out, or planning ahead.
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.