Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
WA › Booragoon › Riseley St
$1,360,000
Last sold
7 Oct 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
874 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
$1,360,000
7 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Booragoon (last 5 years) with land size have a median of $2,202/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Booragoon
-25.9%
Median sale
Suburb $1,835,000
+0.77 pp
Gross yield
Suburb 2.22%
Suburb median $1,835,000 from 24 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 874 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 $783/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 874 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
Booragoon at a glance
7,080
People
$1,835,000
Median sale
$783/wk
Median rent
2.22%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthUNDER CONTRACT - MULTIPLE OFFERS WRITTEN - BUYERS MISSED OUT - MORE PROPERTIES WANTED!
ICONIC MODERNISM DESIGN
UNPARALLELED DEVELOPMENT POSSIBILITIES
RARE RETAIN AND BUILD POTENTIAL
DUAL CATCHMENT ZONE FOR ROSSMOYNE AND APPLECROSS S.H.S
ALL OFFERS BY 5PM TUESDAY, SEPTEMBER 3 (SELLER RESERVES THE RIGHT TO SELL PRIOR).
Step into a world where iconic 1970s modernism meets unparalleled development potential. 216 Riseley Street, Booragoon is a property that not only offers a large 874 sqm development site zoned R40 but also features a standout home designed by the celebrated Corser Homes — a true testament to futuristic design of its time.
ARCHITCTUAL HIGHLIGHTS:
* 1970s Modernism: This solid 4 bedroom, 2 bathroom residence, built in 1972, embodies the quintessential modernist aesthetic of its era. Designed and built as a display home, it reflects the innovative spirit of the 1970s with its clean lines, geometric forms, and open, flowing spaces that prioritize functionality and light.
* Award-Winning Design: Created by Corser Homes, renowned for their commitment to quality and design excellence, this home showcases a visionary approach to living spaces, blending practicality with distinctive style.
* Futuristic Appeal: The design elements, including expansive windows, integration with the surrounding environment, and sleek finishes, offer a glimpse into the future as envisioned over 50 years ago.
DEVELOPMENT OPPORTUNITIES:
* Retain and Develop: Maintain the charm of the existing home while creating a street-front lot for a new single level or two-storey construction—a rare find that provides flexibility and potential for significant returns.
* Multi-Dwelling Potential: With an R40 zoning, this large 874 sqm block offers the possibility of subdividing and developing into either two, three or four lots, taking advantage of the low supply and high demand for housing in this sought-after suburb.
* Renovate and Enhance: Refresh and modernize the current home, preserving its unique architectural features while adapting it to today's living standards. This could also be a great opportunity to capitalize on the property's underlying land value and "LAND BANK" for future growth.
This property is more than just a piece of land—it's a slice of architectural history with endless possibilities. The blend of 1970s modernist design and the potential for future development makes 216 Riseley Street a standout choice for those looking to invest in both heritage and innovation.
Don't miss your chance to own a piece of architectural history with remarkable potential.
ALL OFFERS BY 5PM TUESDAY, SEPTEMBER 3 (SELLER RESERVES THE RIGHT TO SELL PRIOR).
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 Daren Schneider, The Agency Perth — reproduced as published, not verified by Districts.
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