Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
WA › Bassendean › Palmerston St
$799,000
For sale
Asking
3
Bedrooms
2
Bathrooms
1
Car spaces
266 m²
Land
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
$799,000
Asking · $3,004/m² of land
No recorded sale for this property.
Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Bassendean
-27.4%
Median sale
Suburb $1,100,000
+1.22 pp
Gross yield
Suburb 3.23%
Suburb median $1,100,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$36,189 on top of the price (4.5% extra)
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.
Pre-filled with Bassendean's advertised median rent — not a rent for this listing.
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.
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. Listed land size is 266 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.
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 $684/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.
Gross yield if leased at the suburb aggregate is 4.5%. 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
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. Listed land size is 266 m² — that is not 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
Bassendean at a glance
12,068
People
$1,100,000
Median sale
$684/wk
Median rent
3.23%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateWelcome home to this spacious and well-presented three-bedroom, two-bathroom townhouse positioned within a secure gated complex in one of Bassendean's most convenient and well-connected locations. Built in 2002 and offering approximately 110 square metres of internal living on a low-maintenance 266 square metre lot, this two-storey residence combines practical family living, private outdoor spaces and excellent investment credentials. Thoughtfully designed across two levels, the home features generous living and dining areas, a functional kitchen, spacious bedrooms and a private courtyard perfect for easy outdoor entertaining. Currently leased until April 2027, the property offers immediate rental income and long-term security for investors seeking a set-and-forget addition to their portfolio.
Property Highlights:
- Three-bedroom, two-bathroom townhouse
- Built in 2002
- Approximate land size: 266 square metres
- Approximate internal floorspace: 110 square metres
- Positioned within a secure gated complex
- Spacious two-storey design
- Large open-plan living and dining area
- Functional kitchen with gas cooking
- Dishwasher
- Split-system air conditioning
- Private master bedroom with ensuite bathroom
- Built-in robes to bedrooms
- Family bathroom with separate bath and shower
- Dedicated laundry
- Private paved courtyard
- Low-maintenance outdoor living
- Single covered carport
- Additional visitor parking within the complex
- Secure lock-and-leave lifestyle
Investor Summary:
- Currently leased at $620 per week
- Lease expiry: April 2027
- Market rent is approximately $720 per week
- Approximate council rates: $2,450 per annum
- Approximate water rates: $1,293 per annum
- Strata levies: approximately $615 per quarter
- Strong appeal to tenants seeking low-maintenance living close to transport and amenities
- Secure long-term tenancy already in place
Location Summary:
- Positioned within a secure and well-maintained complex in Bassendean
- Convenient access to Bassendean Shopping Centre and local cafés
- Close to Bassendean Train Station and public transport options
- Nearby schools, parks and recreational facilities
- Easy access to Guildford Road, Tonkin Highway and Perth Airport
- Short commute to the Perth CBD
- Popular suburb with strong owner-occupier and tenant demand
Why you will love it!
Whether you are searching for a secure investment property, a future lock-and-leave residence or a low-maintenance home in a highly accessible location, this well-presented Bassendean townhouse offers excellent value and long-term appeal. With generous internal living spaces, a private courtyard, secure gated access and a lease in place until 2027, this is an opportunity that combines lifestyle and investment confidence.
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.
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