Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
$815,000
Last sold
14 Apr 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
683 m²
Land
85 m²
Building
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
$815,000
14 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Lockridge (last 5 years) with land size have a median of $961/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Lockridge
+4.5%
Median sale
Suburb $780,000
-0.19 pp
Gross yield
Suburb 4.41%
Suburb median $780,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
SWAN
Zone
Residential
1
Jurisdiction
Swan
Swan, 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 31 Aug 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 31 Aug 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 683 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 $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.
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 683 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 685 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
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts InitiativeUnder Offer By Ken Suhopoljac
683sqm of Potential: Retain, Build, or Landbank!
Home Open: Sunday 29/03/26 | 2pm - 2:30pm
Whether you are looking for a rock-solid investment, your very first home, or a strategic development site, 229 Lord Street offers a world of opportunity in one of Lockridge's most convenient pockets.
Set on a generous 683sqm block with versatile R20/35 zoning, this quality double-brick property is more than just a house-it's a future-proof asset. The neat, clean, and contemporary presentation ensures it's move-in ready, while the development potential provides a clear path for future growth.
The Strategy is Yours:
• Keep as is: A beautifully presented, contemporary 3-bedroom home that is low-maintenance and high-reward.
• Renovate & Reward: Add your own personal touch to further increase value in a rising market.
• Retain & Build: Explore the potential to keep the front home and build at the rear (Subject to Council Approval).
• Immediate Income: Currently leased at $580 per week until 22nd December 2026, offering a reliable and secure stream of income while you plan your next move.
Property Highlights:
• Contemporary Interior: Light, bright, and neatly presented living spaces.
• Spacious 3 Bedrooms: Comfortable accommodations for families or tenants.
• Large 683sqm Lot: Ample space for kids, pets, or future structures.
• Zoned R20/35: Unlock the potential for a duplex development site.
• Secure Parking: Single garage with additional driveway space.
Location & Lifestyle:
• Everything you need is right on your doorstep. Lockridge is renowned for its proximity to essential amenities and its position as a gateway to the Swan Valley.
• Education: Short distance to Lockridge Primary School, Kiara College, and Good Shepherd Catholic School.
• Shopping & Dining: Just minutes from Altone Park Shopping Centre and the vibrant Beechboro Central.
• Parks & Recreation: Steps away from local green spaces and the Altone Park Golf Course & Leisure Centre.
• Transport: Easy access to Lord Street and Reid Highway for a quick commute to the Perth CBD or Airport.
• Gateway to the Swan Valley: World-class wineries and breweries are just a short drive away.
Ideal for:
• Savvy Investors: High-yield rental with significant underlying land value.
• First Home Buyers: An affordable, neat entry into a high-growth suburb.
• Developers: A prime R20/35 site with multiple exit strategies.
Don't miss out on this versatile gem! Contact us today to arrange a viewing.
Quick Facts for Your Listing:
• Current Rent: $580 per week
• Anticipated current rental return is approximately $700 per week.
• Lease Expiry: 22/12/2026
• Block Size: 683sqm
• Zoning: R20/35 (Duplex Potential - Subject To Council Approval)
Don't miss your opportunity, contact Ken Suhopoljac today to arrange your private inspection and secure this exceptional home before it's gone.
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 inquiries. Please note that some images may have been virtually staged or enhanced for illustration purposes and may not reflect the current or final state of the property.
Listing description written by Ken Suhopoljac, Harcourts Initiative — reproduced as published, not verified by Districts.