Ridgewood at a glance
5,176
People
$869,000
Median sale
$674/wk
Median rent
4.03%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
WA › Ridgewood › Hinchinbrook Ave
$769,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
361 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
$769,000
Asking · $2,130/m² of land
No recorded sale for this property.
Ridgewood at a glance
5,176
People
$869,000
Median sale
$674/wk
Median rent
4.03%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Ridgewood
-11.5%
Median sale
Suburb $869,000
+0.53 pp
Gross yield
Suburb 4.03%
Suburb median $869,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$34,644 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 Ridgewood'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 361 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 $674/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 4.6%. 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 361 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
Ridgewood at a glance
5,176
People
$869,000
Median sale
$674/wk
Median rent
4.03%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tracey Taylor RealtyRecently refreshed with a fresh internal repaint and now offered at a new price, this spacious three-bedroom, two-bathroom home presents an excellent opportunity for investors or buyers planning their next move.
Positioned on an easy-care 361sqm corner block, the property is currently leased at $620 per week until 25th February 2027, providing immediate rental income for investors. Alternatively, secure the home now and plan to move in once the current lease expires – an appealing option for buyers who aren't quite ready to make their move today.
Inside, the freshly painted interior gives the home a renewed feel, with a practical and spacious floorplan offering plenty of room to spread out. At the heart of the home is a generous open plan kitchen, meals and family area, complemented by a separate lounge that provides valuable additional living space.
The well-appointed kitchen overlooks the main living area and features 900mm stainless steel appliances, a dishwasher and plenty of storage and preparation space.
The generously proportioned master bedroom includes a walk-in robe and private ensuite, while bedrooms two and three are both fitted with double mirrored built-in robes. Ducted reverse cycle air conditioning throughout provides year-round heating and cooling.
Outside, the low-maintenance design makes life easy, with synthetic lawn to the rear and scope to add your own touches to the outdoor area. A double lock-up garage is conveniently accessed from the rear laneway.
Located close to local parks, an early learning centre, shopping facilities and public transport, the property combines everyday convenience with low-maintenance living in an established Ridgewood location.
Whether you're looking to add to your investment portfolio or secure a future home at today's price, this refreshed property deserves another look.
Property Highlights:
New Price – Offers Above $769,000
Recently repainted internally
3 bedrooms and 2 bathrooms
361sqm corner block
Currently leased at $620 per week until 25th February 2027
Spacious open plan kitchen, meals and family area
Separate lounge
Generous master bedroom with walk-in robe and ensuite
Double mirrored built-in robes to bedrooms 2 and 3
Kitchen with 900mm stainless steel appliances and dishwasher
Ducted reverse cycle air conditioning
Easy-care outdoor areas with synthetic rear lawn
Double lock-up garage with rear laneway access
Convenient to parks, shops, childcare and public transport
Please note: The property is currently leased until 25th February 2027 and the existing tenancy must be honoured by the purchaser.
Listing description written by Tracey Taylor, Tracey Taylor Realty — reproduced as published, not verified by Districts.