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WA › Northbridge › Lake St

U7, 98 Lake St, Northbridge WA 6003

For saleApartment

$845,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $845,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $845,000(Listing record · 18 July 2026)
  • CalculationIf it leased at Northbridge's advertised median rent ($671/wk), implied gross yield would be 4.13% — 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

$845,000

Asking

No recorded sale for this property.

Northbridge at a glance

1,822

People

No data

Median sale

$671/wk

Median rent

No data

Suburb gross yield

See the full Northbridge report →

Total cost to purchase

Purchase Price
$845,000
Stamp Duty (Western Australia)
$34,633
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
$883,558

$38,558 on top of the price (4.6% 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 Northbridge's advertised median rent — not a rent for this listing.

Net yield
2.63%
Annual cashflow (pre-tax)
$-21,723
Interest cover (DSCR)
0.51
Annual rent
$34,892
Operating expenses
$12,675
Loan amount
$676,000
Annual interest
$43,940
Gross yield
4.13%

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$845,000available18 July 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 $671/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 4.1%. 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

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

Northbridge in one glance

Northbridge at a glance

1,822

People

No data

Median sale

$671/wk

Median rent

No data

Suburb gross yield

See the full Northbridge report →

Keep researching

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

Listing material

Listed by Realestate 88 East Perth

Secure City Living with House-Like Space

- Vacant & ready to move in

- Huge living spaces, with three balconies

- Corner position with perfect privacy

Read the full description

- Boutique complex + low strata levies

Set on a prized corner position at 7/98 Lake Street, this Northbridge three bedrooms apartment is for anyone who wants the security and ease of apartment living without sacrificing the feeling of real space. With a huge 108sqm of internal living, the home immediately stands apart — the open-plan living and dining zones are genuinely massive, giving you the freedom to entertain, relax, and live comfortably in a way that most apartments simply can't match.

What makes the layout even more appealing is the privacy it delivers where it matters most. Both the master bedroom and the second bedroom are positioned with no neighbouring apartment sharing a common wall, creating a quieter, more independent feel that's rarely found in this style of living. Adding to that sense of separation and lifestyle, each bedroom enjoys its own private balcony — perfect for a morning coffee, fresh air, or a quiet moment outdoors without needing to share the space.

This is the kind of property that will particularly suit buyers who've outgrown “typical” apartment proportions — professionals who work from home and need room to spread out, downsizers who still want generous living without the maintenance of a house, or investors looking for a high-demand location near major city growth and education infrastructure. Corner-position apartments with this level of internal space and bedroom separation don't come up often, and once you see how comfortably it lives, you'll understand why this is one you won't want to miss.

Property At a Glance:

- 2009 built, 1st floor, corner position

- 3-bedroom home with a beautiful outlook over a lush, leafy treeline

- Generous north-facing balcony

- Two full bathrooms featuring a bathtub, showers, and two toilets

- Spacious open-plan kitchen, dining, and living area

- Well-appointed kitchen with dishwasher, stylish black stone benchtops

- Water filter system with filtered tap

- Breakfast bar for casual meals and entertaining

- Reverse-cycle air conditioning in every room

- All three bedrooms with built-in robe, and their own private balcony

- Internal laundry plus a broom cupboard

- Large secure car bay, with a storeroom located directly behind the car bay

- Vacant, ready to move in or lease out at settlement!

Strata Areas & Outgoings:

- Internal 108sqm, Balconies 24sqm, Car Bay 13sqm, Storeroom 4sqm; Total 149sqm

- Council: $2,213 p.a

- Water: $1,494 p.a

- Total Strata Levies: $1,433 p.q (admin + reserve)

Right in the heart of Northbridge, with the area's energy and convenience at your doorstep, and a major drawcard close by in the new ECU City campus. With shops nearby and the train station within easy reach, this is a home that balances lifestyle, connectivity, and future appeal — all wrapped in a secure apartment setting that still gives you the space to properly live.

Call Terry Lu today on 0410 213 027 for more information, or to arrange private inspection.

DISCLAIMER:

All distances to amenities are estimations obtained from Google Maps. All sizes of the property are estimated, and buyers should rely on their own measurements when onsite. All rates/outgoings are approximate/estimates.

Listing description written by Terry Lu, Realestate 88 East Perth — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Intercom
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
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.