South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Mill Point Rd
For sale
For sale
2
Bedrooms
1
Bathrooms
1
Car spaces
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.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 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. 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 $712/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.
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
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jones BallardThis beautifully renovated apartment enjoys spectacular views across the Swan River to the city and is set within a tightly held riverfront development with expansive manicured grounds leading directly via secure gated access to Sir James Mitchell Park and the river foreshore, providing a rare opportunity to enjoy an enviable riverside lifestyle usually reserved for multi-million dollar homes, in a very affordable price bracket.
With stylish modern interiors, open plan living, good size bedrooms and world-class views, there is nothing to do but simply move in and enjoy, while investors will love the strong rental history, with demonstrable high-yield returns. Whether you are seeking a secure riverside home, a city base, or the perfect investment in one of Perth's most desirable locations, then this should be on your 'must see' list.
- Open plan north-facing living areas flowing through glass sliding doors to the balcony
- Unrivalled views across beautiful parklands and the river, with a stunning city backdrop
- Crisp interior styling in fresh neutral tones, bathed in natural light
- Modern kitchen, plenty of cupboard space, rare gas cooktop, dishwasher
- Beautifully renovated bathroom, full-height tiling and rain-head shower
- Cleverly designed hidden laundry, providing the convenience of in-home facilities
- Two large bedrooms, both with custom-fitted mirrored wardrobes
- Reverse cycle split system air conditioning, timber-look flooring
- Undercover secure parking, bike storage facilities, additional parking for visitors
- Full security complex with electronic access, entry foyers to both garage and entry levels
- Set amongst beautifully manicured grounds on a sprawling landholding of over 5300sqm
- Resident's swimming pool, barbeque cabana, and various relaxation areas
- Easy walking distance to the river, Mends Street, ferry terminal, Perth Zoo
- Absolute riverfront location, with no roads between the apartments and the river
- Private gated access directly to riverside parkland, cycleways and walking paths
- Excellent rental history, most recently leased at $650pw (current potential $675pw)
- Available for you to move in or rent out immediately
- Option to purchase with existing furniture package, or available unfurnished if preferred
THE DETAILS:
Local Authority: City of South Perth
Council Rates: $1,988.07 per annum
Water Rates: $1051.86 per annum
Strata Fees: $1,247.50 per quarter (including reserve fund)
Current rental estimate: $675 per week
(Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.)
Listing description written by Nik Jones, Jones Ballard — reproduced as published, not verified by Districts.