Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Richon › South Western Hwy
$550,000
Last sold
17 Apr 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
1,012 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
Last sold
$550,000
17 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $563/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Richon
-42.1%
Median sale
Suburb $950,000
+2.77 pp
Gross yield
Suburb 3.81%
Suburb median $950,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 1,012 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 $696/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 1,012 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
Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency Perth***UNDER OFFER BY BEN MATHEWS - 0488 997 018***
Wow what an exceptional residence this is! Located in the highly sort after Mt Richon foothills this unique design has been thoughtfully and cleverly updated over the years with tasteful works completed. You have awesome views from the gorgeous entertainers balcony, a superb quality kitchen with high end appliances, fantastic side drive through access to the rear workshop fitted with solar panels to the roof, there's large bedrooms and so much more! The home has roller shutters plus window tinting so while you are situated on the main road its surprisingly private and quiet. Be quick for this beauty - we look forward to welcoming you to view this rare offering.
INSIDE
The home has an excellent layout with a real open plan feel. Entering through the front door you are greeted by the open plan lounge/dining/kitchen zone. This space is simply gorgeous and features super high ceilings which creates an even larger feel to it. The kitchen itself has quality benchtops with a waterfall design, you have loads of draws for extra storage space and a good size pantry.
The adjoining dining and lounge zones are spacious and also very well presented.
Upstairs you have another large games room/separate lounge zone, this space is ready for the new owner to make it their own also connecting with the wonderful upstairs balcony.
All four bedrooms are of good size and the master bedroom also features a stunning ensuite bathroom.
The secondary bathroom and laundry are also very well maintained while being modern and spacious as well.
The home has security cameras in place, a solar hot water system and you also have excellent split system AC units for heating and cooling all year round.
This property being that it comprises of first class finishes, combined with the spacious living zones and good block size is hard to rival and is certainly a rare combination. The words here are CONVENIENCE, PRACTICALITY & QUALITY and this home has all of these in SPADES! Be quick for this incredible opportunity, its sure to be very popular.
OUTSIDE
The block here is a great sized 1,012sqm. The entrance has been designed thoughtfully with a drive in – drive out style drive way for extra convenience.
The property has the added benefit of drive through side access which goes straight through to the rear workshop. The workshop is of good size and has more than enough room for all your tools & storage needs. The workshop also being fitted with solar panels is another significant value add!
The rear also features lovely artificial lawn for those who enjoy low maintenance living and a specky little courtyard with a great decked zone.
You also have the added benefit of a rain water tank in place for excellent drinking water.
CONTRACT NOTES
1) There is a split system AC in packaging upstairs that has not been installed. This will be left at the property for the buyers to have and can be installed if they wish using their own contractors.
2) The external spa is not fixed to the property and will be removed by the sellers prior to settlement.
WHERE IS IT LOCATED?
The property is located in the highly sought after Mount Richon foothills, with Armadale shops just a short stroll away, easy access to the highway and close to local cafes & restaurants. You also have multiple schools nearby.
WHAT TO DO NEXT
Hit the contact agent section now and make your time to view the property in person, properties with this combination of quality, location and price do not last!
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Ben Mathews, The Agency Perth — reproduced as published, not verified by Districts.
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