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WA › East Perth › Terrace Rd

U86, 90 Terrace Rd, East Perth WA 6004

For saleApartment

$1,579,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

185 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,579,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,579,000(Listing record · 12 Nov 2025)
  • CalculationAsk is 4% below the East Perth median recorded sale ($1,650,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Perth's advertised median rent ($724/wk), implied gross yield would be 2.38% — 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

$1,579,000

Asking · $8,535/m² of land

No recorded sale for this property.

East Perth at a glance

14,359

People

$1,650,000

Median sale

$724/wk

Median rent

2.28%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full East Perth report →

Vs East Perth

-4.3%

Median sale

Suburb $1,650,000

+0.10 pp

Gross yield

Suburb 2.28%

Suburb median $1,650,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,579,000
Stamp Duty (Western Australia)
$72,434
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
$1,655,359

$76,359 on top of the price (4.8% 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 East Perth's advertised median rent — not a rent for this listing.

Net yield
0.88%
Annual cashflow (pre-tax)
$-68,145
Interest cover (DSCR)
0.17
Annual rent
$37,648
Operating expenses
$23,685
Loan amount
$1,263,200
Annual interest
$82,108
Gross yield
2.38%

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$1,579,000available12 Nov 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. Listed land size is 185 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.

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 $724/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 2.4%. 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. Listed land size is 185 m² — that is not 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

East Perth in one glance

East Perth at a glance

14,359

People

$1,650,000

Median sale

$724/wk

Median rent

2.28%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full East Perth report →

Keep researching

  • Why East Perth? Read the area thesis →
  • What else is on the market in East Perth →
  • Other records on Terrace Rd →

Listing material

Listed by Inhabit Property

Riverside delight perched high up on the 16th floor of Adagio!

Luxury Riverside Living with Panoramic River Views

86/90 TERRACE ROAD, EAST PERTH

Currently leased at $1400 per week until 17th February 2027 this is a secure rental investment in a prime location and building on Terrace Road. Simply reap the rewards. or move in when the lease ends.

Read the full description

Perched high on the 16th floor of the exclusive Adagio complex, this exquisite three-bedroom, two-bathroom residence epitomises refined riverside living. Offering an expansive 137sqm of internal space, the home captures stunning vistas across Langley Park and the tranquil Swan River from its light-filled open-plan living area and sunny 17sqm balcony - perfectly positioned to enjoy morning coffee or sunset drinks above the parklands.

Finished to the finest standard, this residence features a first-class designer kitchen complete with Miele appliances, gas cooktop, large stone benchtops, and generous storage. The spacious living and dining area flows seamlessly onto the balcony, creating an ideal setting for entertaining or relaxing in complete comfort.

The master suite impresses with a luxurious ensuite and walk-in robe, while the two additional bedrooms are generously sized with built-in robes and share a stylish second bathroom. Timber flooring, ducted reverse-cycle air conditioning, video intercom access, and two secure side-by-side car bays further enhance this exceptional lifestyle offering.

Residents of Adagio enjoy access to an array of five-star resort-style facilities including a pool, spa, gymnasium, BBQ area, games room, library, meeting room and movie theatre, all meticulously maintained for your enjoyment.

Features and Rates (Estimated):

- Internal: 137sqm | Balcony: 17sqm | Store: 5sqm | Cars: 26sqm | Total: 185sqm

- Strata: $3,435.68pq (Admin) + $1,677.87pq (Reserve)

- Council: $2,983pa | Water: $1,770pa

- Level 16 | Orientation: South-East | Built: 2013

- Zoning: Residential (Strata) | Council: City of Perth

- Total Strata Lots in Complex: 115

- Two secure side-by-side car bays

- Facilities: Pool, spa, gym, sauna, BBQ area, games room, library, meeting room, theatre

- School Catchments: Highgate Primary and Bob Hawke College

- Closest Private Schools: Trinity College and Mercedes College

Walking distance to fantastic amenities and attractions (Approximately):

- 200m to closest bus stop

- 750m to Perth Concert Hall

- 1.1km to Elizabeth Quay waterfront, dining and ferry access

- 1.5km to Hay Street shopping mall

- 2.8km to Kings Park

- 3.5km to Crown Towers and Optus Stadium

Contact Exclusive Selling Agents Brendon Habak on 0423 200 400 or Callum Davidson on 0457 200 837 to arrange your private inspection.

Disclaimer: Buyers are required to rely on their own research and complete due diligence prior to purchasing. All rates, sizes and distances are estimated and subject to change without notice.

Listing description written by Brendon Habak, Inhabit Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Secure Parking

Also look at

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  • U49, 42 Terrace Rd, East Perth WA 6004

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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.