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WA › Queens Park › Wharf St

U4, 305 Wharf St, Queens Park WA 6107

For saleVilla

$579,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $579,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $579,000(Listing record · 17 Aug 2026)
  • CalculationAsk is 39% below the Queens Park median recorded sale ($950,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Queens Park's advertised median rent ($665/wk), implied gross yield would be 5.97% — 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

$579,000

Asking

No recorded sale for this property.

Queens Park at a glance

8,014

People

$950,000

Median sale

$665/wk

Median rent

3.64%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Queens Park report →

Vs Queens Park

-39.1%

Median sale

Suburb $950,000

+2.33 pp

Gross yield

Suburb 3.64%

Suburb median $950,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$579,000
Stamp Duty (Western Australia)
$21,518
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
$604,443

$25,443 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 Queens Park's advertised median rent — not a rent for this listing.

Net yield
4.47%
Annual cashflow (pre-tax)
$-4,213
Interest cover (DSCR)
0.86
Annual rent
$34,580
Operating expenses
$8,685
Loan amount
$463,200
Annual interest
$30,108
Gross yield
5.97%

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$579,000available17 Aug 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 $665/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 6.0%. 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

Queens Park in one glance

Queens Park at a glance

8,014

People

$950,000

Median sale

$665/wk

Median rent

3.64%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Queens Park report →

Keep researching

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

Listing material

Listed by Choice Realty

A Little Beauty in Queens Park! Proudly Presented by Blake Mitchell

Easy-care, comfortable and conveniently located, this charming 2-bedroom villa is a little beauty with plenty to offer!

Tucked away in a handy Queens Park location, the home offers a surprisingly spacious layout, great outdoor space and all the everyday essentials you need. Whether you're looking to add to your property portfolio or secure a place with an eye to the future, this one is well worth a look.

Step inside and you'll find a spacious lounge with plenty of room to relax, flowing through to a practical corner kitchen complete with an gas stove, double sink and generous bench space.

Read the full description

Both bedrooms are well sized, with the huge master bedroom offering an impressive three built-in robes, while the second bedroom also features its own built-in robe.

Outside is where this villa really adds a little extra. A paved patio provides a great spot for entertaining or enjoying a quiet afternoon, while the generous backyard offers plenty of space to enjoy without the upkeep of a much larger property. There's also a handy garden shed for extra storage and undercover parking.

With shops, public transport and everyday conveniences all within easy reach, it's a comfortable and practical home in a location that makes day-to-day living easy.

Currently tenanted until 29 January 2027, the property also offers the benefit of an existing tenancy for buyers looking for an investment from day one.

Features You'll Love:

• 2 generous bedrooms, both with built-in robes

• Huge master bedroom with three built-in robes

• Spacious and comfortable lounge room

• Practical corner kitchen with plenty of bench space

• Gas stove and double sink

• Security doors to the front and rear

• Security screens

• Paved patio and alfresco entertaining area

• Generous backyard

• Garden shed for additional storage

• Undercover parking

• Convenient access to shops and public transport

• Currently tenanted until 29 January 2027

• Easy-care villa living in a super handy Queens Park location

Cute, convenient and full of potential, 4/305 Wharf Street, Queens Park is one you'll want to put on your list.

Conveniently Close-By:

• Queens Village – 400m

• Queens Park Medical Centre – 500m

• Treasure Rd Shopping Centre – 1km

• Queens Park Primary School – 1km

• Sam Kerr Football Centre – 1.1km

• Maniana Park – 1.1km

• Queens Park Reserve – 1.2km

• St Norbert College – 1.5km

• Queens Park Train Station – 1.8km

• Westfield Carousel – 2.6km

Council Rates: $1,924.19 p/a (approx.)

Water Rates: $969.59 p/a (approx.)

Strata Rates: $442.47 p/q (approx.)

Year Built: 1968

Interested in this property? You can view the title, Strata AGM and all other relevant documents here:

https://www.rea-webbooks.com.au/Choice-Realty/4-305-wharf-street-queens-park

Really interested in this property? You can place an offer here:

https://anz.openn.com/app/l/qqeb

*DISCLAIMER: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Some images have been virtually staged for illustrative purposes and are intended to demonstrate the potential use of the spaces. Photographs used in this advertisement may not reflect the property's current presentation. Prospective purchasers are encouraged to make their own enquiries and inspect the property to satisfy themselves as to its current condition and all relevant details. Information contained herein does not constitute any representation by the Vendor or the Agent and is expressly excluded from any contract.

Listing description written by Blake Mitchell, Choice Realty — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Secure Parking

Also look at

Also for sale in Queens Park

  • 1/303 Wharf St, Queens Park WA 6107

    2-bed villa. Currently listed.

    For sale
  • 314A Wharf St, Queens Park WA 6107

    3-bed house for sale. Asking $749K.

    For sale
  • U10, 307 Wharf St, Queens Park WA 6107

    2-bed unit. Asking $460K.

    For sale
  • 304 Wharf St, Queens Park WA 6107

    4-bed house. Asking $1.1M.

    For sale
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.