Applecross at a glance
7,641
People
$2,042,942
Median sale
$833/wk
Median rent
2.12%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
WA › Applecross › Canning Beach Rd
For sale
For sale
4
Bedrooms
3
Bathrooms
3
Car spaces
8,567 m²
Land
Districts View
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.
Applecross at a glance
7,641
People
$2,042,942
Median sale
$833/wk
Median rent
2.12%
Suburb gross yield
Median sale from 12 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. Listed land size is 8,567 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 $833/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. Listed land size is 8,567 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
Applecross at a glance
7,641
People
$2,042,942
Median sale
$833/wk
Median rent
2.12%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by @realtyConsidering Selling your property? Take advantage of my long list of qualified buyers! Call Erika Luff on 0448 609 079 for more information. Penthouse N505/70 Canning Beach Road, Applecross Raffles Waterfront | Iconic North Tower Absolute Waterfront Luxury – A Full-Floor Penthouse Offering Prestige, Privacy and Unmatched Value
Step into an extraordinary lifestyle with this spectacular full-floor penthouse in the tightly held North Tower of Raffles Waterfront, Applecross. Occupying 377sqm on title (205sqm internal living), this four-bedroom, three-bathroom residence presents a rare fusion of grandeur, scale, and sophistication in one of Western Australia’s most prestigious and sought-after riverside suburbs.
Positioned directly on the Swan River foreshore—on land that can never be built out—this is true absolute waterfront living, with panoramic, uninterrupted views from every angle. From Kings Park and the Perth CBD skyline to the South of Perth Yacht Club and beyond, the outlook is both captivating and timeless.
Built to a superior standard with solid double-brick construction and 300mm concrete slabs, this penthouse offers whisper-quiet living, high ceilings, and expansive open-plan interiors. A brand new KONE lift takes you directly into your private, secure foyer—exclusive to your residence—setting the tone for an ultra-private, elevated lifestyle.
Whether entertaining on the oversized north-facing wraparound balcony, enjoying a glass of wine as the sun sets over the river, or relaxing in the opulent master suite with its own balcony access, luxury and tranquillity are a constant presence in this one-of-a-kind home.
Luxury Features Include: – Full-floor residence with private direct lift access to your own foyer – Four generous bedrooms including a grand riverside master retreat with full ensuite and extensive custom wardrobes – Three newly renovated bathrooms with premium finishes – Designer kitchen with brand new Miele appliances, abundant storage, and breakfast bar – Expansive living and dining areas with space for a grand piano or pool table – Large north-facing terrace with mini-golf putting green and panoramic water views – Three secure, side-by-side car bays in the gated basement plus additional free public parking for one car within a 500m radius from the Raffles Waterfront – Double glazed windows, brand new electric blinds, and meticulously renovated interiors – Option to purchase fully furnished – Vacant and ready for immediate settlement – Rental guarantee available: up to $2,500 per week for three years – Owner is a registered builder, all renovations were completed to the highest standard
Remarkable Value This penthouse offers unmatched value in today’s market. Nearby north-facing apartments at the Riviere are selling for $30,000–$35,000 per square metre of internal space, which values this 205sqm living area at over $6 million—before even considering the vast balconies, exclusive-use lift lobby, and premium fixtures throughout. Similar-sized apartments at Riviere have sold for over $7 million—most with smaller balconies and only two car bays.
Here, the owners will consider offers between $3.8 million and $4 million, based on a modest bank valuation, presenting a rare and unprecedented buying opportunity.
Raffles Waterfront Resort-Style Amenities: – Heated indoor swimming pool – Fully equipped gymnasium and steam room – Residents’ lounge – On-site building manager, and security/concierge
–Brand new Gallagher security system for peace of mind – Lush, manicured gardens and riverfront walkways
Unbeatable Location in Applecross This penthouse enjoys a premium lifestyle address, less than 10 minutes from the Perth CBD and within walking distance to every imaginable convenience. Stroll to the vibrant Raffles Hotel or explore numerous nearby cafes, fine dining restaurants, boutique shops, and supermarkets including the 24-hour Good Grocer.
A brand new public library is opening just one minute away, while major redevelopments of the Canning Beach Precinct and Moreau Mews Precinct promise to further enhance the area's appeal. The Canning Bridge Train Station, only a short walk away, is also planned for significant expansion (see concept plan) improving access and boosting future value. A proposed ferry service from the Canning Bridge Jetty will soon offer seamless river travel to Perth city and beyond.
The surrounding area is rich with community amenities including the South of Perth Yacht Club, Applecross Tennis Club, Mt Pleasant Rowing Club, and Heathcote Reserve, home to panoramic river views, art galleries, a café, playgrounds and more.
This penthouse is not just a luxury home—it is a strategic investment in lifestyle, location, and future growth.
Listing description written by Erika Luff, @realty — reproduced as published, not verified by Districts.
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