South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Ridge St
$4,250,000
Last sold
22 Oct 2025
4
Bedrooms
3
Bathrooms
4
Car spaces
1,436 m²
Land
430 m²
Building
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
$4,250,000
22 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in South Perth (last 5 years) with land size have a median of $4,029/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs South Perth
+77.1%
Median sale
Suburb $2,400,000
-0.67 pp
Gross yield
Suburb 1.54%
Suburb median $2,400,000 from 39 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 1,436 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 $712/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 1,436 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
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jones BallardView By Appointment
Situated in South Perth's most prestigious pocket and boasting expansive river views, this property offers enormous potential. If the sweeping river views from this elevated hilltop property aren't tempting enough, then perhaps the opportunity to reap the rewards of this remarkable investment will sway you.
As it's zoned R15, this large 1436sqm block has the potential to be subdivided into two Green Titles.
Alternatively, it beckons for a landmark residence to be built here, given its prime location. As it stands, the existing four-bedroom, three-bathroom plus study home features multiple living spaces and is currently in good condition. You could easily rent it out while you're designing your dream home, upon council approval, of course.
You have access to kilometres of riverside trails leading to Perth's CBD and the South Perth foreshore. You can even walk or cycle into the city or catch a ferry from the Mends Street Jetty - it seems only fitting to arrive in the CBD by ferry, given your proximity to the river. Alternatively, you have easy access to the Kwinana Freeway and Canning Highway.
You have an abundance of dining, shopping and entertainment options along Mends Street, Preston Street and Angelo Street, not to mention the many attractions in nearby Vic Park and the Crown Entertainment Precinct.
This location is ideal for families, especially with many nearby schools such as St Columba's Catholic Primary School, South Perth Primary School, Wesley College, Penrhos College and Curtin University.
Please note, this will be sold "as is" and buyers are required to make their own enquiries regarding the development of the site.
This is one of those rare opportunities to renovate, extend or redevelop and create an incredible property and lifestyle at one of Perth's most exclusive addresses.
Property features:
• Elevated hilltop property in one of South Perth's most prestigious pockets
• Panoramic views back toward Melville Waters
• Zoned R15
• 1436sqm block - Potential to create two green titles
• Endless possibilities to create a landmark residence
• Renovate, extend or redevelop (pending council approval)
• Rare opportunity at an exclusive address
• Original double-storey four-bedroom, three-bathroom home with multiple living zones
• Lockup Garaging
• Large powered workshop
• Being sold in "as is" condition
Location highlights:
• 350m to Richardson Reserve
• 500m to South Perth Primary School
• 750m to St Columba's Catholic Primary School
• 800m to the Royal Perth Golf Club
• 1km to the Angelo Street café/shopping strip
• 1.1km to the South Perth Foreshore
• 1.2km to Wesley College
• 1.4km to Preston Street café/shopping strip
• 1.6km to the Mends Street café/shopping strip
• 1.8km to the Mends Street Jetty
• 2.6km to Penrhos College
• 4km to Perth's CBD
• 4.1km to Vic Park
• 4.2km to Curtin University
• 5.3km to the Crown Entertainment Precinct
Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.
Listing description written by Adrian Ballard, Jones Ballard — reproduced as published, not verified by Districts.