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 › Portland Way
$590,000
Last sold
28 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
576 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
$590,000
28 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Ridgewood (last 5 years) with land size have a median of $1,353/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
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
-32.1%
Median sale
Suburb $869,000
+1.91 pp
Gross yield
Suburb 4.03%
Suburb median $869,000 from 33 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 576 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.
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 576 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 The Agency PerthWelcome - I am delighted to present 15 Portland Way Ridgewood
Ideally located on a 576sqm (approx) block, this well maintained 2007 built home offers a perfect balance of space and comfort in a large family setting, with over 230sqm of living.
From the manicured lawn and gardens and striking street appeal this beauty is sure to please the fussiest of buyers.
Consisting of 4 large bedrooms, 2 bathrooms, PLUS a separate Study (5th bedroom/nursery) PLUS Games room, PLUS lounge/theatre, open plan kitchen, family and dining area PLUS a very large entertainment area.
Content Homes are reknowned for spacious and versatile floorplans - extemely well appointed to suit growing families, down sizers, fifo workers, professional couples and savvy investors.
Also included is a double auto garage and a convenient shoppers entry with single roller door to access the entertainment area, plus all the modern conveniences of solar panels, cctv cameras, window shutters to the front lounge and master bedroom, artificial turf to the back garden (low maintenance and easy care - ideal lock and leave)
Kitchen is complete with extra large workspace and plenty of cupboards, dishwasher, gas hotplate, wall oven, double fridge recess, large pantry brekky bar
Open plan family and dining area - tiled for easy care
Double door entry into the games room
Large open lounge area (carpeted with ceiling fan) perfect spot to watch a movie or binge a Netflix series. Perfectly size to accomodate a large comfy sofa to chill out and relax in.
Master bedroom is king size and has full length walk in robe (roller shutters to front windows , ceiling fan)
En suite is generous in size featuring screened shower, vanity and toilet
Study (or 5th bedroom) is fitted with a privacy door and window. Would make a perfect nursery positioned alongside the master suite, study or extra bedroom
Bedroom 2 is queen sized with double robe
Bedroom 3 is queen size with double robe
Bedroom 4 is double sized with walk in robe
Main bathroom is configured to offer quick and easy access for younger family members with a very user friendly layout - toilet (powder room area) open vanity area with a separate shower and bath
Laundry is a good size with sliding door to back garden area
Walk in Linen cupboard for all your storage needs
A tiled open activity area situated between the minor bedrooms would make a perfect study zone or toy room
Double auto garage with shoppers entry. Single roller door to the rear of the garage
Front decked verandah welcomes you in
Large wrap around all weather pergola (entertain all year round)
Easy care low maintenance back garden with extensive paving and artificial lawn - perfect garden for the kids and pooches to enjoy
Garden Shed
Front lawn and gardens are manicured to perfection (No parking on the lawn at the open home please) kept lush and green with reticulation
Solar panels for savings on your power supply
CCTV cameras for added security
Keep cool in the summer with ducted evaporative air conditioning/ceiling fans or enjoy the ocean breezes
Roller shutters for added privacy and security to front windows
Unpack and relax - This property is very well presented and offers great street appeal surrounded by quality homes in this highly sort after suburb. With freeway links offering a quicker commute to Perth CBD, bus routes to nearby train stations, local shops, selection of government and private schools, beaches, taverns, restaurants, doctors, dentists, food outlets, gyms, child care centres and located near one of the many parks in Ridgewood.
Current rental appraisal Low to mid $600+pw
Built 2007 by Content Homes
Block 576sqm (approx)
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 Leanne Waters, The Agency Perth — reproduced as published, not verified by Districts.
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