Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
WA › Perth › Mounts Bay Rd
For sale
For sale
1
Bedrooms
1
Bathrooms
1
Car spaces
71 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.
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 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 71 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 $669/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 71 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
Perth at a glance
17,600
People
$1,350,000
Median sale
$669/wk
Median rent
2.58%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Inhabit PropertyNot for owner occupiers! Zoned for short-stays and comes with long term lease with Nesuto Hotel (no AirBnbs).
If you are looking for an investment property that is ready for immediate returns, positioned in a fantastic location between Kings Park, the Swan River and our bustling Perth city centre then this is it! This well presented short-stay apartment offers a great secure investment within the resort style Mounts Bay Waters development and provides easy access to City shopping and attractions, Swan River, Elizabeth Quay, Kings Park nature walks and the UWA Crawley campus.
This ideal city apartment is currently zoned 'Short Term Residential (Serviced Apartments)', which allows short stay investing. This property is currently under a long-term lease to Nesuto Hotel.
You will love the open plan kitchen complete with a dishwasher, the chic tiled bathroom, spacious bedroom, reverse cycle air conditioning and the bonus of a secure undercover car bay.
The lifestyle of this highly sought-after riverside pocket is second to none with many popular restaurants and bars being close by as well as lush Kings Park. Conveniently located with shopping being just minutes stroll away. Energetic and vibrant, there is always something happening with Elizabeth Quay a short walk down the road. The famous Jacobs Ladder is also within close proximity where many clinching races up and down can be watched over a cold Kombucha or warm latte at the nearby cafe. Add all of this amenity to the comfortable city and resort lifestyle on offer here and you have one fantastic and affordable gateway in to one of Perth's finest areas. Be quick for your chance to snap up this sought after investment property!
The owners of this greatly loved apartment have maintained it well making it ready for immediate returns. Contact Exclusive Selling Agent Brendon Habak and Allen Ang today to arrange your private inspection.
Features include:
- Level 6
- North West Orientation
- Zoning: Residential (Strata)
- Council: City of Perth
- Total Strata Lots In Complex: 74
- Massive tiled bathroom with bath/shower
- Reverse cycle air-conditioning
- Internal laundry
- Built in wardrobe in bedroom
- Currently leased in Nesuto hotel pool
- Secure complex with remote access and keyless entry front door
- Complex pool, gym and tennis facilities
Sizes & Rates (Approximate):
Internal: 45sqm, Balcony: 4sqm, Car Park: 14sqm, Total: 71sqm
Council Rates: $1,467/a, Water Rates: $1566/a, Strata: $1,591pq (Admin) + $185pq (Reserve)
Securely leased for $1,945.19 per month until 29/02/2028
Mounts Bay Road is a gem in the City of Perth nestled between the prestigious suburbs of West Perth and our dynamic Perth CBD. The area is well serviced with nearby amenities including:
- Approx. 100m to Jacobs Ladder and nearest cafe
- Approx. 200m to Bus stop
- Approx. 500m to Swan River cycle ways
- Approx. 800m to the doorstep of Kings Park
- Approx. 1.0km to Elizabeth Quay
- UberEats available at the address
Disclaimer: The properties current approved use is Short Term Residential (Serviced Apartments)'. All distances are estimations obtained from Google Maps. All sizes of the property are estimated and buyers should rely on their own measurements when onsite. All outgoings/rates are estimates and subject to change at all times without notice.
Listing description written by Brendon Habak, Inhabit Property — reproduced as published, not verified by Districts.