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 › Portaferry Gardens
$621,000
For sale
$621,000
Last sold
25 July 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
201 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
Asking
$621,000
25 July 2025 · 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
-28.5%
Median sale
Suburb $869,000
+1.61 pp
Gross yield
Suburb 4.03%
Suburb median $869,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$27,438 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ridgewood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 201 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 201 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 Professionals TWT RealtyWelcome to 24 Portaferry Gardens, Ridgewood, a well-positioned 3-bedroom, 2-bathroom home offering comfortable, low-maintenance living in a peaceful and convenient location. With a park-front position right on your doorstep, this property provides a lovely outlook and a sense of space that is sure to appeal to a wide range of buyers.
Whether you're a downsizer looking for an easy-care home, a first home buyer ready to take your first step into the property market, or an investor searching for a property with strong rental appeal, this home presents an excellent opportunity to secure a well-located property in Ridgewood.
From the moment you arrive, the park-front setting creates an inviting first impression. Having open green space directly across the road means you can enjoy the outlook without having another home immediately opposite, providing a more relaxed and private feel.
Inside, the home offers a practical layout designed for everyday living. The three bedrooms provide flexibility for families, guests, a home office or additional storage, while the two bathrooms add convenience for busy households and visitors alike.
The living areas provide a comfortable space to relax and unwind, while the home's manageable size makes it an ideal option for those looking to simplify without compromising on the essentials. For first home buyers, it offers the opportunity to enter the market with a home that can grow with you. For downsizers, the easy-care nature means less time spent maintaining a large property and more time enjoying your home and surroundings.
Investors will also appreciate the property's broad appeal. A well-presented 3-bedroom, 2-bathroom home in a desirable location, combined with the attractive park-front position, can make for a compelling addition to an investment portfolio.
Located in the established suburb of Ridgewood, you'll enjoy the convenience of being within easy reach of local amenities, schools, shops, parks and transport options, making day-to-day living simple and convenient.
24 Portaferry Gardens is a property that offers versatility, location and lifestyle appeal all in one. Whether you're looking to make your first move into the market, downsize into something more manageable or add to your investment portfolio, this home is well worth putting on your inspection list.
Don't miss the opportunity to make this park-front property your next home or investment.
Property Highlights
3 bedrooms
2 bathrooms
Park-front position
Easy-care living
Ideal for downsizers, first home buyers or investors
Convenient Ridgewood location
Great opportunity to secure a well-positioned property
Don't miss your opportunity to inspect 24 Portaferry Gardens, Ridgewood. This could be the one you've been waiting for!
Listing description written by Daniella Sparta, Professionals TWT Realty — reproduced as published, not verified by Districts.
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