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WA › Ridgewood › Portland Way

15 Portland Way, Ridgewood WA 6030

House

$590,000

Last sold

28 July 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

576 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $590,000 (28 July 2023).(Recorded sale)
  • FactLand 576 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ridgewood (last 5 years) with land size: median $1,353/m² of land (n=113). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Ridgewood report →

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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$590,00028 July 2023
  2. Listedprice unknowncompleted19 July 2023
  3. Listedprice unknowncompleted19 July 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ridgewood in one glance

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.

See the full Ridgewood report →

Keep researching

  • Why Ridgewood? Read the area thesis →
  • What else is on the market in Ridgewood →
  • Other records on Portland Way →

Listing material

Listed by The Agency Perth

Ridgewood Ripper - Room to Move!

Welcome - 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.

Read the full description

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.

Property features

  • Living Areas: 3

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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