Cannington at a glance
9,738
People
$837,500
Median sale
$665/wk
Median rent
4.13%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
WA › Cannington › Burton St
$489,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
92 m²
Land
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
$489,000
Asking · $5,315/m² of land
No recorded sale for this property.
Cannington at a glance
9,738
People
$837,500
Median sale
$665/wk
Median rent
4.13%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Cannington
-41.6%
Median sale
Suburb $837,500
+2.94 pp
Gross yield
Suburb 4.13%
Suburb median $837,500 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,168 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 Cannington'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. Listed land size is 92 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.
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 $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.
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 7.1%. 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
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. Listed land size is 92 m² — that is not 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
Cannington at a glance
9,738
People
$837,500
Median sale
$665/wk
Median rent
4.13%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome home to this spacious and well-presented one-bedroom, one-bathroom apartment, ideally positioned within an excellent amenity packed strata complex. Built in 2004, this low-maintenance residence offers approximately 68 square metres of internal living space on a 92 square metre total lot, combining comfort, functionality and an exceptional lifestyle opportunity.
Currently leased at $520 per week until August 2026, this property presents an outstanding opportunity for investors seeking immediate rental income with excellent future growth potential. Featuring a well-designed open-plan layout, the apartment offers generous living and dining areas that flow seamlessly onto a private balcony, creating the perfect space to relax or entertain.
The modern kitchen is well equipped with gas cooking, a dishwasher, rangehood and ample cabinetry, while the spacious bedroom is serviced by a well-appointed bathroom. Split-system air conditioning ensures year-round comfort, and the convenience of an internal laundry further enhances the practical design.
Residents will enjoy access to the complex's impressive facilities, including a large in-ground swimming pool that creates a true resort-style atmosphere rarely found in apartment living. Whether you're adding to your investment portfolio or planning for future owner occupation, this property offers an attractive combination of lifestyle, convenience and strong rental appeal.
Property Highlights:
- 1 bedroom, 1 bathroom unit built in 2004
- Dedicated car bay
- Approximately 68 square metres of internal living
- 92 square metre total lot area
- Spacious open-plan living and dining area
- Private balcony ideal for relaxing or entertaining
- Well-appointed kitchen with gas cooking
- Dishwasher and rangehood included
- Split-system reverse cycle air conditioning
- Internal laundry space
- Light-filled interiors throughout
- Located within a well equipped strata complex
- Strata complex features an in-ground swimming pool for residents
Property Information:
- Currently leased at $520 per week until August 2026
- Estimated market rent approximately $595 per week
- Council Rates: Approximately $1,866 per annum
- Water Rates: Approximately $1,075 per annum
- Strata Levies: Approximately $750 per quarter
- Excellent investment opportunity with tenancy in place
- HouseSmart Real Estate is highly active throughout Cannington, offering professional Property Management Services from settlement and beyond
Location Summary:
- Convenient access to local shopping and dining precincts
- Close to public transport options
- Nearby parks and recreational facilities
- Easy access to major arterial roads
- Well positioned for convenient everyday living
Why you will love it!
- Secure investment with lease in place until August 2026
- Strong rental returns with future growth potential
- Spacious and functional open-plan design
- Private balcony for indoor-outdoor living
- Well-equipped kitchen with quality appliances
- Resort-style complex with a large in-ground swimming pool
- Low-maintenance apartment lifestyle in a sought-after complex
Make an enquiry today and secure your opportunity to purchase a quality apartment offering immediate rental income, resort-style amenities and outstanding long-term investment potential.
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.