Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

WA › Mount Lawley › William St

U5, 537 William St, Mount Lawley WA 6050

For saleApartment

$450,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

39 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $450,000(Listing record · 28 June 2026)
  • FactLand 39 m²; no building size recorded.(Property record)
  • CalculationAsk is 76% below the Mount Lawley median recorded sale ($1,885,500, n=30, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Lawley's advertised median rent ($646/wk), implied gross yield would be 7.46% — 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

$450,000

Asking · $11,538/m² of land

No recorded sale for this property.

Mount Lawley at a glance

13,038

People

$1,885,500

Median sale

$646/wk

Median rent

1.78%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Lawley report →

Vs Mount Lawley

-76.1%

Median sale

Suburb $1,885,500

+5.68 pp

Gross yield

Suburb 1.78%

Suburb median $1,885,500 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$450,000
Stamp Duty (Western Australia)
$15,390
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
$469,315

$19,315 on top of the price (4.3% 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 Mount Lawley's advertised median rent — not a rent for this listing.

Net yield
5.96%
Annual cashflow (pre-tax)
$3,442
Interest cover (DSCR)
1.15
Annual rent
$33,592
Operating expenses
$6,750
Loan amount
$360,000
Annual interest
$23,400
Gross yield
7.46%

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$450,000available28 June 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. Listed land size is 39 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.

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 $646/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 7.5%. 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. Listed land size is 39 m² — that is not 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

Mount Lawley in one glance

Mount Lawley at a glance

13,038

People

$1,885,500

Median sale

$646/wk

Median rent

1.78%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Lawley report →

Keep researching

  • Why Mount Lawley? Read the area thesis →
  • What else is on the market in Mount Lawley →
  • Other records on William St →

Listing material

Listed by The Perth Property Co

Parkside cool with City soul

The Perth Property Co. presents 5/537 William Street, Mount Lawley.

**INSPECTIONS BY APPOINTMENT ONLY**

When Hyde Park is your front yard and William Street's café culture is your neighbourhood, life naturally feels a little more effortless. Well renovated with a contemporary edge and an unmistakably funky personality, this stylish one-bedroom apartment delivers the kind of inner-city lifestyle that's always in demand - whether you're looking for a home of your own or a high-performing investment already approved (with current and future bookings) for short-term accommodation.

Read the full description

Step outside for a morning walk through Hyde Park before grabbing a coffee and pastry from Chu Bakery. Wander into Northbridge for dinner, cycle into the CBD for work, or simply enjoy the ease of living in one of Perth's most vibrant and connected precincts. Everything you love about inner-city living is right here.

Inside, the apartment has been thoughtfully updated to maximise both style and functionality with integrated furniture and storage. The open-plan living area feels bright and inviting, flowing seamlessly into a modern kitchen complete with a dishwasher and plenty of storage. Reverse cycle air conditioning and a ceiling fan keep the home comfortable throughout the seasons, while the generous bedroom offers built-in robes and is serviced by a beautifully renovated bathroom.

One of the standout features is the exclusive-use courtyard - a private outdoor retreat that's perfect for your morning coffee, an evening drink, or entertaining friends before heading out to enjoy the neighbourhood.

For investors, the appeal is equally compelling. Approved for short-term accommodation and offered with current bookings in place, this is a genuine turnkey opportunity to step straight into Perth's thriving accommodation market.

With Hyde Park literally across the road and the CBD moments away, it's easy to see why guests are drawn to this location.

Secure parking and an intercom entry system complete the package, offering both convenience and peace of mind in this sought-after Mount Lawley address.

Features you'll love

• Stylishly renovated and partially furnished one-bedroom apartment in the Hyde Park Court complex

• Built in 1968

• 39sqm internal living

• Open-plan living and dining

• Contemporary kitchen with dishwasher

• Renovated bathroom

• Spacious bedroom with built-in robes

• Reverse cycle air conditioning & ceiling fan

• Exclusive-use private courtyard

• Secure parking

• Intercom access

• Approved for Short-Term Accommodation (STA) with a consistent excellent ROI over numerous years

• Current bookings in place via AirBnB - viewings to be co-ordinated around current bookings

Outgoings

• Strata Levies: $1,583.29 per quarter

• Water Rates: $1,015.76 per annum

• Council Rates: TBC

Approximate distances

• Hyde Park - 50m

• Chu Bakery - 500m

• Beatty Park Leisure Centre - 1.6km

• Perth CBD - 2.1km

• Optus Stadium - 3.5km

Whether you're chasing an enviable parkside lifestyle, a city base with personality, or a ready-to-go investment in one of Perth's most desirable urban pockets, this apartment delivers on every front.

Contact The Perth Property Co. today to arrange your viewing and discover why life opposite Hyde Park never goes out of style.

Disclaimer:The information provided in this advertisement is for general information purposes only and is based on information provided by the Seller and may be subject to change. School zones may also change. No warranty or representation is made by the agency as to the accuracy of the above information (including school zoning) and interested parties should make their own independent enquiries.

Listing description written by Nadija Begovich, The Perth Property Co — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Intercom
  • Secure Parking
  • Toilets: 1

Also look at

Also for sale in Mount Lawley

  • U18, 537 William St, Mount Lawley WA 6050

    1-bed unit. Asking $399K.

    For sale
  • U53, 537 William St, Mount Lawley WA 6050

    1-bed apartment. Currently listed.

    For sale
  • 17 Kessell Ct, Mount Lawley WA 6050

    3-bed house. Asking $1M.

    For sale
  • U503, 141 West Pde, Mount Lawley WA 6050

    3-bed apartment. Asking $1.77M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.