Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
WA › Ardross › Riseley St
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
891 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
No recorded sale price for this property yet.
Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 17 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 891 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 $894/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 891 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
Ardross at a glance
6,089
People
$1,970,000
Median sale
$894/wk
Median rent
2.36%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stratton RealtyPositioned in one of Ardross' most strategically located pockets, this approximately 891sqm vacant development site presents an outstanding opportunity for developers, investors and land bankers seeking flexibility, scale and exceptional access to established amenities.
Located within the Melville City Centre Structure Plan's Centre Frame, where an R100 residential density code applies, the site offers a broad range of potential development outcomes. The Structure Plan identifies single houses, grouped dwellings and multiple dwellings as permitted uses within the Centre Frame, providing significant flexibility for future residential development.
For developers looking beyond a purely residential outcome, the planning framework also provides scope for a variety of non-residential and commercial uses. Depending on the proposed use, these may be subject to discretionary approval, advertising and assessment by the City of Melville. This opens the door to exploring mixed residential and commercial concepts, subject to all relevant approvals.
The City of Melville's vision for the surrounding precinct is particularly significant. The Melville City Centre Structure Plan is designed to progressively transform the area surrounding Westfield Booragoon into a more vibrant mixed-use city centre incorporating residential, retail, commercial, community, hospitality and entertainment uses.
With approximately 891sqm of land and a historically reported frontage of around 20 metres, this site provides developers with an increasingly rare opportunity to secure a substantial landholding immediately adjacent to one of the City of Melville's key activity centres. Previous marketing of the property also identified the site as R100 within the Melville City Centre planning framework.
Development Highlights:
--Approx 891sqm vacant development site
--Positioned within the Melville City Centre Structure Plan - Centre Frame
--R100 residential density code applies within the Centre Frame
--Potential for a single dwelling
--Potential for grouped dwellings
--Potential for multiple-dwelling/apartment development
--Opportunity to investigate mixed residential and commercial development
--Selected office, consulting, medical, educational and other commercial uses may be considered subject to the applicable planning approval process
--Exceptional location immediately adjoining the established Booragoon/Ardross activity centre
--Excellent access to shopping, schools, recreation, community facilities and public transport
--Ideal opportunity for developers, builders, investors and long-term land bankers
Location Highlights
--Approx. 100m to Westfield Booragoon - major shopping, dining, entertainment and everyday amenities
--Approx. 250m to Applecross Senior High School
--Approx. 500m to Ardross Primary School
--Approx. 400m to LeisureFit Booragoon, offering aquatic, gym and recreation facilities
--Approx. 500m to Civic Square Library, 10 Almondbury Road
--Easy access to Booragoon Bus Station and surrounding public transport connections
--Convenient access to Riseley Street, Marmion Street, Canning Highway and Leach Highway
--Approximately 10-12km from Perth CBD
Whether the vision is for a premium residential project, grouped housing, apartment-style development, a mixed-use concept or a strategic landholding for the future, 119A & 119B Riseley Street offers the combination of land size, density and location that is increasingly difficult to secure in Ardross.
With Westfield Booragoon virtually on the doorstep and the surrounding precinct identified by the City of Melville for continued intensification and mixed-use evolution, this is an opportunity to secure a substantial development site in a location positioned for the future.
Contact Kai Ng or Vicktor Sutrisno to register your interest.
Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate; however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Listing description written by Kai Ng, Stratton Realty — reproduced as published, not verified by Districts.
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