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WA › Mount Lawley › West Pde

U703, 141 West Pde, Mount Lawley WA 6050

For saleApartment

$2,545,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,545,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,545,000(Listing record · 24 Aug 2026)
  • CalculationAsk is 35% above 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 1.32% — 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

$2,545,000

Asking

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

+35.0%

Median sale

Suburb $1,885,500

-0.46 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
$2,545,000
Stamp Duty (Western Australia)
$122,183
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
$2,671,108

$126,108 on top of the price (5.0% 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
-0.18%
Annual cashflow (pre-tax)
$-136,923
Interest cover (DSCR)
-0.03
Annual rent
$33,592
Operating expenses
$38,175
Loan amount
$2,036,000
Annual interest
$132,340
Gross yield
1.32%

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

20252026$2.54m$2.54m$2.54m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$2,545,000available24 Aug 2026
  2. Listed$2,545,000available15 Aug 2026
  3. Listed$2,545,000available29 May 2025

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 $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 1.3%. 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

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 West Pde →

Listing material

Listed by @realty

EXCLUSIVE PENTHOUSE LIVING WITH BREATHTAKING CITY VIEWS

NEARING COMPLETITION, MOVE IN BY MID-2026

LAST CHANCE TO SAVE ON STAMP DUTY

FINAL 11 RESIDENCES

Read the full description

Perched on the top level of West Residences, this luxurious 3-bedroom, 2-bathroom penthouse is one of only four residences on its exclusive Level 7 floor, offering the pinnacle of privacy and prestige in the heart of Mount Lawley. With uninterrupted city views and a meticulously curated interior, this is a rare opportunity to secure an unparalleled lifestyle.

Step inside to discover herringbone timber flooring, a designer kitchen with natural stone splashbacks, an integrated fridge, and a built-in Miele combi-oven — perfect for effortless entertaining. The master ensuite is a sanctuary of indulgence, featuring underfloor heating and a heated towel rail, while the Miele-equipped laundry ensures everyday convenience. Floor-to-ceiling windows wrap around the living spaces, inviting natural light and enhancing the sense of space and sophistication.

With panoramic skyline views and a location that epitomises sophistication, this penthouse is the ultimate statement of luxury in Perth's most sought-after suburb.

The Lifestyle:

West is a collection of 30 home sized apartments and a ground floor coffee shop, offering a rare opportunity for a new and fresh way of life in Mt Lawley.

Destined to be a landmark development, the striking design sets a bold marker for the future with considered use of materials, colours and detailing. Thus, creating an optimistic, elegantly detailed and highly crafted place to live in one of Perth's most beautiful neighbourhoods.

A short walk from the freshly revived Beaufort Street strip, parks and the Swan River, and just 2km from the Perth CBD, West is perfectly positioned and well connected, with easy access to train and bus routes, along with walk and cycle paths.

Bespoke apartments are cast into stunning angular forms, culminating in a unique collection of distinctly individual residences. High ceilings, solar access and clever ventilation create uplifting homes with a calming sense of space, embellished by oversized private balconies that extend from the living area into the outdoor ambience where rare panoramic city, river and hills views await.

WEST RESIDENCES – OVERVIEW

APARTMENT 703:

• Bedrooms - 3

• Bathrooms - 2

• Car Bays - 2

• Internal Area - 121sqm

• Balcony Area - 34sqm

• Store Area - 3sqm

• TOTAL AREA - 158sqm

BUILDING COMPOSITION:

• 30 grandly proportioned residences

• 8 storeys rising above the vivacity of the city

• Ground-floor coffee shop

AMENITIES INCLUDE:

• Secure parking

• Bicycle storage

• Private secure storerooms

• Visitor parking

• CCTV security

• Secure lobby

• Solar back to grid

• Dog wash

• Orangerie with dining or yoga space

• Mail room

COLLABORATION:

A Willing Property collaboration with acclaimed Klopper & Davis Architects and internationally renowned landscape architects CAPA.

This is your chance to own this extraordinary apartment on the penthouse level, showcasing exceptional design and meticulous attention to detail, in what is set to become an iconic landmark on the Perth skyline — 141 West Parade, Mount Lawley.

For further information or to arrange a viewing of the display suite, please contact Louise Neal at 0423 422 721.

Listing description written by Louise Neal, @realty — reproduced as published, not verified by Districts.

Districts

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

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