Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
WA › Mount Richon › Harrison Rd
$559,000
Last sold
17 Jan 2022
4
Bedrooms
2
Bathrooms
4
Car spaces
1,758 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
$559,000
17 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $563/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Richon
-41.2%
Median sale
Suburb $950,000
+2.66 pp
Gross yield
Suburb 3.81%
Suburb median $950,000 from 26 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 1,758 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 $696/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 1,758 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
Mount Richon at a glance
2,271
People
$950,000
Median sale
$696/wk
Median rent
3.81%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by O'Neil Real Estate***UNDER OFFER BY BEN MATHEWS***
What a stunner! Set on a 1758sqm block in this highly sought after pocket of the Mount Richon hills, this home is in excellent condition and is ready for new owners to move in with nothing to do! As if this awesome house and property were not enough it also has the potential for subdivision so future value add opportunities are in place!
INSIDE
The home has a beautiful feel internally, oozing with character and having an awesome living layout.
As you walk through the lovely entrance surrounded by manicured hedges you have a cute alfresco space overlooking the lovely back yard externally. This space could also double as a car garage should you wish to use it for that reason.
Continuing through the entrance door you enter the hallway, heading through to the gorgeous formal sitting area with fireplace this connects through with a second living/dining zone and then through to the kitchen itself with views looking out to the excellent yard space. Its separate while remaining connected, and this design simply works.
There are three bedrooms located downstairs, and walking up the amazing feature spiral staircase you have one huge bedroom upstairs. This stunning upstairs bedroom features a wrap around balcony providing a retreat with space to spread out, relax and enjoy those stunning views.
The bathrooms are in great condition and have been well maintained. The layout of these bathrooms is quirky with one standard bathroom, you also have a separate toilet in the hallway and the second bathroom has the second shower located off the main bedroom downstairs creating the ensuite.
The home boasts an impressive presence, has an lovely feel and has been maintained excellently throughout the years.
The two words for this property are CHARACTER AND QUALITY..... and it's got CHARACTER AND QUALITY in spades!
OUTSIDE
As you down the driveway you are struck by the fantastic presence and beauty of the home! The house is set on a 1758sqm block and has established trees, multiple lovely external sitting areas, an awesome pool and plenty of storage space including the powered workshop/garage!
This property also has an added bonus of subdivision potential with survey plans already drawn up. Subject to obtaining council approvals there is potential for this property to be subdivided into two lots without much work and this could add significant value!
WHERE IS IT LOCATED?
The property is located in the hills section of Mount Richon in a great quiet street with local traffic only. With the walks and lovely parklands of Bedfordale just up the Albany Highway and the Kelmscott/Armadale cafes and shops just down the South Western Highway this property is ideally located with the Perth CBD only 33km away.
WHAT TO DO NEXT
Hit the contact agents section now and make your time to view the property in person, properties with this combination of quality, location and price do not last!
Listing description written by Ben Mathews, O'Neil Real Estate — reproduced as published, not verified by Districts.