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 › Rathkeale Blvd
$387,000
Last sold
2 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
242 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
$387,000
2 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Ridgewood (last 5 years) with land size have a median of $1,319/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
-55.5%
Median sale
Suburb $869,000
+5.03 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 242 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 242 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 to 1B Rathkeale Bvd Ridgewood - Another great opportunity to lock in a great deal - Nest or Invest. This little beauty offers great value, great location and a great price! NO STRATA OR STRATA FEES
Currently tenanted with lease ending on 24.3.23 this 4x2 cottage home has plenty to offer. With a fully enclosed double auto garage to rear laneway (extra height for 4WD and trade vehicles offering an easy care low maintenance lifestyle - Perfect lock and leave
High ceilings allow plenty of natural light throughout the living areas with coffered ceiling in the living room defining the space.
The open plan kitchen, dining and lounge area and master bedroom are kept comfortable with air conditioning units.
A popular sort after suburb minutes from the Lukin Drive freeway access, shopping centre, schools, day care centres and all other amenities are just a short drive away.
Perfect location for saavy investors adding to their property portfolio.
Main bedroom is king size and features a walk in robe, air con unit (carpeted)
En suite is spacious with large shower, vanity and toilet
Bedroom 2 is fitted with robe (carpeted)
Bedroom 3 is fitted with robe (carpeted)
Bedroom 4 is fitted with robe (carpeted)
Main bathroom features a bath, good size vanity and shower
Kitchen is well equipped with a large work space, stone bench tops, overhead cupboards, double pantry, 5 burner gas hob, electric oven, range hood, dishwasher
Family & dining area is tiled with high recessed ceilings with sliding doors to courtyard (air conditioning unit keeps the living area cool or cozy year round)
Laundry is complete with fitted cabinet and linen cupboard
Separate 2nd toilet
Security screen to front door
Neutral colour palette throughout
Double auto garage (extra height for 4WD) access via laneway to rear of home
Slightly elevated from road level with limestone steps
Paved courtyard
Low maintenance block
Built 2012
Block 242sqm with 127sqm living area
PLEASE NOTE: Viewings will only be available via the open home.
What else can you expect to find locally and in the surrounding suburbs - Government and Private Primary and High schools, parks, fast food outlets, gym, chemist, doctors, day care centres, bus links to train stations, taverns, beaches, major shopping centres and more.....
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.