Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
$619,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
341 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
$619,000
Asking · $1,815/m² of land
No recorded sale for this property.
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Lockridge
-20.6%
Median sale
Suburb $780,000
+1.15 pp
Gross yield
Suburb 4.41%
Suburb median $780,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,343 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Lockridge's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 341 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 $662/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.
Gross yield if leased at the suburb aggregate is 5.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 341 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
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HouseSmart Real EstateNext Home Open - 25th July 2026 - Welcome home to this well-presented three-bedroom, one-bathroom residence positioned on a low-maintenance 341 square metre strata lot in a convenient and established pocket of Lockridge. Originally built in 1972, the home offers approximately 93 square metres of internal living space and combines comfortable everyday living with strong investment fundamentals. Currently leased at $580 per week until January 2027, this is an ideal opportunity for investors seeking immediate rental income and long-term tenant security - or a patient owner occupier who can wait until January to move into this home!
Designed for practical living, the home features a spacious light-filled lounge room with timber-look vinyl flooring, split-system air conditioning and plenty of ceiling fans, large front windows overlooking the front garden and a solid brick build. Flowing through from the living area is a generous kitchen and dining space offering ample bench space, excellent storage and plenty of room for everyday family living. The neutral colour palette throughout provides a bright and welcoming feel, while large windows allow natural light to filter through the home.
Accommodation includes three well-sized bedrooms (each with ceiling fans!), all serviced by a central bathroom, with a separate internal laundry. The spacious master bedroom features mirrored built-in robes, while the additional bedrooms offer flexibility for children, guests or a home office setup.
Outside, the property offers a fantastic balance of entertaining space and backyard enjoyment. A large covered alfresco area provides the perfect setting for year-round entertaining, while the generous backyard includes lawn space, established gardens and a garden shed for additional storage. The covered carport provides secure off-street parking and convenient access to the home.
Property Highlights:
- Three-bedroom, one-bathroom villa
- Built in 1972
- Approximate land size: 341 square metres
- Approximate internal floorspace: 93 square metres
- Strata titled
- No strata fees
- No strata manager (self-managed by owners)
- Currently leased at $580 per week until January 2027
- Spacious front lounge room with timber look vinyl flooring
- Split-system air conditioning to living area
- Large kitchen and dining area with ample storage
- Spacious master bedroom with mirrored built-in robes
- Ceiling fans throughout
- Security screens
- Separate laundry
- Large covered alfresco entertaining area
- Generous backyard with lawn area
- Garden shed
- Covered carport
- Low-maintenance investment opportunity
Investor Summary:
- Currently leased at $580 per week
- Lease expiry January 2027
- Market rent is approximately $630 per week
- No strata fees
- No strata management costs
- Strong appeal to tenants seeking affordable family accommodation with outdoor space
- Established rental location with convenient access to amenities and transport
Location Summary:
- Conveniently positioned in an established residential pocket of Lockridge
- Close to Lockridge Primary School and local community facilities
- Easy access to public transport options
- Minutes from local shopping centres and everyday amenities
- Convenient connection to Reid Highway and Tonkin Highway
- Short drive to Midland Gate Shopping Centre and Morley Galleria
- Approximately 20 minutes to the Perth CBD
- Surrounded by parks, reserves and recreational facilities
Why you will love it!
Whether you are searching for a ready-made investment with secure rental income or planning ahead for a future home with plenty of outdoor space, this well-maintained Lockridge residence offers outstanding value, practical living and long-term potential in a convenient location.
Make an enquiry today to arrange your inspection.
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.