West Perth at a glance
7,227
People
$939,000
Median sale
$649/wk
Median rent
3.59%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
WA › West Perth › Rheola St
For sale
For sale
2
Bedrooms
2
Bathrooms
1
Car spaces
96 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
No recorded sale price for this property yet.
West Perth at a glance
7,227
People
$939,000
Median sale
$649/wk
Median rent
3.59%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
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 96 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 $649/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 96 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
West Perth at a glance
7,227
People
$939,000
Median sale
$649/wk
Median rent
3.59%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Acton | Belle Property CentralDisclaimer
Please note: The photographs used in this advertisement are of an identical apartment within the complex for illustrative purposes only. The apartment being sold is located on the 5th floor, not the 2nd floor as shown in some imagery. Finishes, aspect and outlook may vary slightly.
Quest Apartment Opportunity in Prime West Perth Location
This opportunity is a premium addition to your investment portfolio that offers you a secure and predictable investment backed by a fixed rental return. Situated on the fifth floor of a quality built complex, this two-bedroom, two-bathroom apartment is managed by Quest, a well regarded name in short-stay accommodation. With Quest overseeing operations and a fixed lease agreement in place, your income is not only reliable but consistent - regardless of occupancy fluctuations in the market.
Enjoy the appeal of contemporary city style living with this light-filled, beautifully presented apartment showcasing a modern design. The open plan living and dining space is finished with soft carpeting and enhanced by floor-to-ceiling sliding glass doors that lead to a private balcony.
Important Investment Information:
This apartment forms part of the Quest short term accommodation complex and is professionally managed by Quest Apartments.
The property cannot be sold to an owner occupier.
It is subject to a management agreement with Quest.
Guaranteed income which is derived through the short stay accommodation hotel.
This makes it a set-and-forget investment opportunity suited to buyers seeking exposure to Perth's corporate and short-stay accommodation market without the day-to-day management responsibilities.
Situated moments from Kings Park, Subiaco, the CBD and public transport, the location continues to attract strong corporate and tourism demand.
Lease Details:
Rent: $567.50 per week - $29,510 pa (current confirmed rate from Oct 2025)
July 2026 + 4% = $590.20 per week - $30,690 pa
July 2027 + 4% = $613.81 per week - $31,918 pa
July 2028 + 4% = $638.36 per week - $33,195 pa
July 2029 + 4% = $663.89 per week - $34,523 pa
June 2030 - Market Review
Lease Terms: Lease to 30/06/2030 with 4 x 5 year options
Quest pay Strata Fees (Administrative Fund) - Approx. $5,400 pa
Built in 2005 and operating under a secure, professionally managed lease arrangement, this property is designed for truly passive ownership. Quest manages all guest services, upkeep, and day-to-day logistics, removing the need for hands-on involvement. The guaranteed rental structure offers valuable financial certainty, making it particularly attractive for SMSF investors or buyers seeking a low-risk, low-maintenance addition to their portfolio.
Council Rates: $1,631.50 pa
Water Rates: $2,170.26 pa
Strata Reserve Levy: $518.50 pq
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Shane Garrett, Acton | Belle Property Central — reproduced as published, not verified by Districts.
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