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WA › Maylands › Joseph St

U7, 33 Joseph St, Maylands WA 6051

For saleApartment

$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 · 11 Aug 2026)
  • CalculationAsk is 53% below the Maylands median recorded sale ($1,220,000, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maylands's advertised median rent ($595/wk), implied gross yield would be 5.34% — 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.

Maylands at a glance

15,274

People

$1,220,000

Median sale

$595/wk

Median rent

2.54%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Maylands report →

Vs Maylands

-52.5%

Median sale

Suburb $1,220,000

+2.80 pp

Gross yield

Suburb 2.54%

Suburb median $1,220,000 from 46 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 Maylands's advertised median rent — not a rent for this listing.

Net yield
3.84%
Annual cashflow (pre-tax)
$-7,853
Interest cover (DSCR)
0.74
Annual rent
$30,940
Operating expenses
$8,685
Loan amount
$463,200
Annual interest
$30,108
Gross yield
5.34%

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$579,000available11 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 $595/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 5.3%. 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

Maylands in one glance

Maylands at a glance

15,274

People

$1,220,000

Median sale

$595/wk

Median rent

2.54%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Maylands report →

Keep researching

  • Why Maylands? Read the area thesis →
  • What else is on the market in Maylands →
  • Other records on Joseph St →

Listing material

Listed by The Agency Perth

Stylish, Renovated Living in Exceptionally Convenient Location

Beautifully renovated and ready to enjoy, this ground-floor, two-bedroom, one-bathroom apartment includes one undercover, carport parking space. This offering presents an outstanding opportunity for first home buyers, downsizers or astute investors. The quiet and well-maintained complex provides an easy and affordable lifestyle in a highly convenient location.

Thoughtfully upgraded and freshly painted throughout, the apartment combines contemporary finishes with an easy-care layout and a relaxed outdoor setting. At the heart of the home is the impressive open-plan kitchen, dining and living area, with the kitchen taking centre stage. Featuring solid stone bench tops, fresh, white tiling and an excellent amount of storage, the kitchen is both stylish and practical, making everyday living and entertaining a pleasure.

Both bedrooms feature split-system air conditioning, while the lounge also enjoys its own split system for year-round comfort. The master bedroom includes a remote-controlled ceiling fan/light, built-in robe with full-length mirrored doors, while security screens to all doors and windows provide added peace of mind.

Read the full description

The spacious, combined bathroom and laundry have been tastefully renovated with bright, white, floor-to-ceiling tiling, a large shower with glass screen and an adjoining, separate toilet. The washing machine is neatly out of view in a European style laundry with the added bonus of extra storage shelves, sink and bench space. Hidden out of view it provides the bathroom with a neat and sleek appearance. A wall-mounted clothesline adds further practicality to the easy, lock-and-leave lifestyle, with additional communal washing lines also available within the complex.

Step through the living room sliding doors and enjoy your own porch overlooking a huge grassed area. With its leafy outlook and generous open space, it creates a wonderful sense of having your own private villa-style setting and seamless flow between indoor and outdoor living. A further excellent feature of the apartment is its position within the complex. Set in a lower density area of the low-set dwellings there is only one apartment above and one shared wall.

Positioned close to Maylands shops, local restaurants, Maylands Primary School, Gibney Reserve and public transport, everything you need is within easy reach. The beautiful Swan River and parks are also within walking distance, with play and exercise equipment and BBQ facilities providing the perfect setting for relaxing or enjoying time with family and friends.

With its quality renovation, affordable upkeep and highly accessible location, this is an opportunity that deserves your attention. Whether you're looking for your first home, an easy lock-and-leave property or a smart addition to your investment portfolio, this apartment offers excellent versatility and appeal.

Properties in this tightly held complex rarely change hands. Move quickly to secure this excellent home in such a sought-after locale.

Rent: $580 - $600 per week

Strata levies: Approx. $761 per quarter

Council Rates: Approx. $674 per quarter

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Michelle Doake, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Living Areas: 1
  • Toilets: 1
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.