Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Midland › Foundry Rd
$500,000
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
$500,000
Asking
No recorded sale for this property.
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Midland
-29.5%
Median sale
Suburb $709,000
+1.84 pp
Gross yield
Suburb 4.41%
Suburb median $709,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,690 on top of the price (4.3% 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 Midland'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 $601/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 6.3%. 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
Midland at a glance
6,940
People
$709,000
Median sale
$601/wk
Median rent
4.41%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthWelcome to Foundry Road — where contemporary design meets the energy of one of Perth's most exciting urban precincts. Whether you're stepping onto the property ladder, scaling down without compromise, or adding a quality asset to your portfolio, this stylish apartment delivers on every front.
From the moment you walk in, the sense of space and light is undeniable. The open-plan living and dining area is bathed in natural light, flowing seamlessly through floor-to-ceiling glass sliding doors onto your private balcony — a generous outdoor retreat where you can take in sweeping views across the neighbourhood over a morning coffee or evening drink.
The kitchen is both practical and polished, featuring stainless steel appliances, ample storage, and a clean, contemporary finish that makes cooking a genuine pleasure rather than a chore. Both bedrooms are well-proportioned, fitted with mirrored built-in robes and plush carpet underfoot — quiet, comfortable spaces designed for rest and relaxation.
The bathroom is sleek and modern, the internal laundry is a welcome convenience, and split system air conditioning keeps you comfortable no matter the season. Secure entry to the building gives you peace of mind, while the building's architecturally inspired heritage elements and thoughtful communal spaces make this complex genuinely stand apart.
Step outside and Midland's transformation is on full display — the train station is within walking distance, Midland Gate Shopping Centre is moments away, and a growing café and restaurant scene means you're never short of options. Coal Dam Park, Perth Airport, and quality local schools are all close at hand.
This is low-maintenance living done properly. Arrange your viewing today before someone else does.
Property Features:
•Upper-floor apartment in a modern, architecturally designed building
•Open-plan living and dining with floor-to-ceiling glass sliding doors
•Large private balcony with glass balustrade and panoramic views
•Contemporary kitchen with stainless steel appliances and ample storage
•Two bedrooms with mirrored built-in robes and plush carpet
•Stylish bathroom with glass-framed shower
•Internal laundry with overhead cabinetry
•Split system air conditioning
•Modern fixtures, fittings, and window coverings throughout
•Secure entry foyer and complex
•Heritage-inspired building elements and outdoor lighting
Location Features:
•Walking distance to Midland Train Station
•Short drive to Perth Airport
•Short walk to Midland Gate Shopping Centre, cafes and restaurants
•Moments from Coal Dam Park
•Close to renowned local schools
Outgoings:
Council: $1,550.00 p/a
Water: $890.76 p/a
Strata: $1,185.46 p/qtr (Admin $864.49 & Reserve $213.20)
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Isaac Polini, The Agency Perth — reproduced as published, not verified by Districts.