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 › Corinda Way
$780,000
Last sold
13 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
702 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
$780,000
13 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Ridgewood (last 5 years) with land size have a median of $1,353/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
-10.2%
Median sale
Suburb $869,000
+0.46 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 702 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 702 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 Peard Real EstateWith two spacious living areas - a formal lounge/theatre room, and an open kitchen, family and dining area, big bedrooms and a great outdoor entertaining, all on a generous 702 sqm block, this gorgeous family home is not to missed.
The modern central kitchen offers a stainless gas stove top, electric oven, dishwasher & double sink, stainless look splash backs, curved breakfast bar and a big fridge space.
The oversize master bedroom has a sitting area, his and hers walk in robes, and a beautifully renovated ensuite with floor to ceiling tiles, clear shower screen, modern vanity & a WC. The three minor bedrooms are doubles, all with robes and serviced by the upgraded main bathroom with a full-size bath and a separate shower.
Great outdoor entertaining under main roof alfresco with clever sliding panel shutters allowing the alfresco to be completely opened when the weather is great, part open the shutters for light or a breeze, or completely shut out the weather when needed – the enormous grassed backyard provides plenty of space for the kids & pets to play, with room for a pool, workshop, or granny flat. Or while away the hours from the front porch with elevated front yard, easy care garden, fish pond and synthetic turf.
The double garage has additional storage space, shoppers entry and drive thru, roller door rear access for boats, caravans or trailers. Plus, 12 electric solar panels, reverse cycle ducted & zoned air conditioning, gas point, security alarm, security screen doors, garden shed & so much more!
Fantastic location in a quiet way, moments from the picturesque Ridgewood Park, and just a few minutes in the car to freeway entries, schools, shops, train station or the beach.
INVESTORS – Please note, our senior property manager has appraised the rental value at $750 per week if rented out in the current market.
Call Shane for a private inspection or further information on 0410339499.
Block size 702 sqm Built 2007 (99160)
*PLEASE NOTE while every effort has been made to ensure this information is correct at the time of listing, this information is provided for reference only and is subject to further enquiry.
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 Shane Capelli, Peard Real Estate — reproduced as published, not verified by Districts.