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
$625,000
Last sold
7 Jan 2024
4
Bedrooms
2
Bathrooms
0
Car spaces
961 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$625,000
7 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $560/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
-34.2%
Median sale
Suburb $950,000
+1.98 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 scheme
ARMADALE
Zone
Residential
1
Jurisdiction
Armadale
Armadale, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 2 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 2 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 961 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.
Flood overlay has not been queried for this lot. 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. 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.
2 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 961 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?
KnownmediumOfficial parcel about 964 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 O'Neil Real EstateThis Double Storey Mount Richon Residence is ready for a new owner!
INSIDE:
Nicely presented and designed for convenience, the layout of the house is functional for ease of use. The home features generously sized bedrooms, all with built-in robes, and 2 bathrooms that have been updated at some stage, ticking all the right boxes. Upon entering the kitchen area, you'll be impressed by its spaciousness, boasting ample cupboard space and a massive 900mm oven and range hood-perfect for cooking enthusiasts. The theatre room has been finished off perfectly with coffered ceilings and LED lights, providing the ideal movie experience. To complete the home, there's a large room upstairs, a blank canvas with endless possibilities-it could be transformed into a games room, another bedroom, or even a second theatre room.
OUTSIDE:
This is the dream property for car owners or those who love tinkering in the shed. With side access and a substantial amount of parking at the back, this property is perfect for you. The massive, powered shed is ideal for any project. The yard features gardens and grass but is very easy to maintain. Additionally, there's a good-sized patio for entertaining friends and family. The exterior is finished with limestone walls and gardens, allowing you to move in and enjoy the craftsmanship that has gone into this home.
INVESTORS:
This property is currently rented at $450/per week on a periodical tenancy. The current tenant has loved living in this home for many years, and ideally would want to stay on, however the property can be vacant at settlement.
LOCATION:
Conveniently located in Mount Richon, this home is just a short distance from local schools, shops, and parks. The location is perfect for families looking for a peaceful and convenient lifestyle.
HOW TO VIEW:
This property is available to view by appointment only. Please enquire on this property and we will be in touch to book your viewing.
PROPERTY PARTICULARS:
• Build Year: 1962
• Block Size: 961sqm
• Living Size: 248sqm
• Zoning: R15/25
• Council Rates: $1961pa
• Water Rates: $834/pa
• Rental Appraisal: $650p/w
(all values are approximated)
Listing description written by Ash Swarts, O'Neil Real Estate — reproduced as published, not verified by Districts.
Also look at