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WA › East Perth › Wickham St

U37, 43 Wickham St, East Perth WA 6004

For saleApartment

$699,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 6 July 2026)
  • CalculationAsk is 58% below the East Perth median recorded sale ($1,650,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Perth's advertised median rent ($724/wk), implied gross yield would be 5.39% — 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

$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.

See the full East Perth report →

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.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
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
$730,143

$31,143 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 East Perth's advertised median rent — not a rent for this listing.

Net yield
3.89%
Annual cashflow (pre-tax)
$-9,185
Interest cover (DSCR)
0.75
Annual rent
$37,648
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
5.39%

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$699,000available6 July 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. 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 $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.

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 5.4%. 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

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.

  • 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

East Perth in one glance

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.

See the full East Perth report →

Keep researching

  • Why East Perth? Read the area thesis →
  • What else is on the market in East Perth →
  • Other records on Wickham St →

Listing material

Listed by Realestate 88 East Perth

Corner Position | Two Car Bays | City Views

- Vacant & ready to move in

- Corner position with perfect privacy

- Generously sized balcony with city views

Read the full description

- Two car bays + low strata levies

Tucked into a prized corner position within the sought-after Haven complex, this standout 2-bedroom, 2-bathroom apartment delivers the kind of privacy and separation that's rarely found in apartment living—plus the bonus of two secure car bays.

From the moment you step inside, the home feels calm and considered. With only one common wall, this is a true retreat—quiet, secluded, and designed for effortless everyday comfort. The privacy is exceptional: both bedrooms are positioned so they don't connect to neighbouring apartments, creating a sense of space and independence that feels more like a standalone home than a typical unit.

Step out to a private, oversized balcony that's made for easy entertaining. With a ceiling fan overhead and sweeping city views, it's the ideal spot for morning coffee or evening drinks.

Inside, the layout is practical and polished, featuring a galley-style kitchen that keeps everything within easy reach, a separate laundry, and a clever study nook—ideal for working from home or creating a dedicated study space without sacrificing your living area.

Both bedrooms are generous and well-appointed, each with a ceiling fan for year-round comfort and massive wardrobes that make storage effortless—perfect for professionals, downsizers, or anyone wanting a low-maintenance lifestyle without compromise.

Private, peaceful, and perfectly positioned in East Perth—this is apartment living done right.

Property At a Glance:

- 2014 built, 3rd floor in "Haven" residential complex

- Corner position with only one common wall

- Thoughtfully designed layout offering comfort and contemporary style

- Floorboard throughout the living and dining areas

- Galley-style kitchen with ample storages and cupboard space

- Double wash basins, big fridge recess, dishwasher included

- Expansive balcony ideal for entertaining & privacy while enjoying the city skyline

- Both bedrooms include huge robes and ceiling fans

- Ducted reverse-cycle air conditioning throughout for year-round comfort

- Large, sleek bathroom with separate laundry facilities

- Clever study nook, perfect for working from home

- Two secure car bays, including a ground‑level bay and a car‑stacker bay

- Vacant, ready to move in or lease out at settlement!

Strata Areas & Outgoings:

- Internal 71sqm, Balcony 18sqm, Car Bays 14sqm + stacker, Storeroom 4sqm; Total 107sqm

- Council: $2,117 p.a

- Water: $1,398 p.a

- Strata Levies: $1,298 p.q (admin + reserve)

Perfectly positioned for both work and leisure, this address places you moments from the Claisebrook Cove waterfront, the Royal Street café strip, and Wellington Square, with effortless transport options including East Perth Train Station and the free Yellow CAT at your doorstep. You're also within easy reach of Optus Stadium, the WACA, and the Perth CBD, making this one of the most convenient and connected inner‑city locations.

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.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Gym
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
Districts

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.