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 › Jade St
$670,000
Last sold
2 Dec 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
728 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
$670,000
2 Dec 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $560/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
-29.5%
Median sale
Suburb $950,000
+1.59 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 728 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 728 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***
Wow what a fantastic property this is! Set on a 728sqm block in the highly sought after section of Mount Richon you are able to experience the incredible valley views at their finest! The home itself is a great size and well designed, its oozing with character and is well maintained. From the incredible views, sparkling pool, great alfresco space and fantastic workshop/addition room this property has SO MUCH going for it and presents excellent value.
INSIDE THE HOME
As you walk through the front door you have a great living area on the right with a lovely fire place adding to the character while the front windows face the incredible views making the space feel light, airy and fresh.
As you walk down the hallway there is a second living/dining zone connecting to the kitchen area which flows beautifully.
The kitchen itself functions well with plenty of storage and bench space available.
All three bedrooms are of a good size with the master bedroom having an ensuite bathroom and has stunning views over the pool area and valley.
The second bathroom is functionable and tidy and the laundry is well put together as well.
As an excellent layout the second living area flows through to the rear alfresco space which works very well.
OUTSIDE THE HOME
The front of the home presents well and is nestled into the hillside.
There is a large single carport built into the hill which is super cool and has more great character with the back of the carport being a stone wall. Further to this secure space there is also additional parking available out the front.
As you walk up the stairway, the front yard has a lovely porch/sitting area which takes advantage of those amazing vistas and the pool is also positioned in the front yard which looks great and is an amazing zone to spend time in during the summer months.
The rear alfresco area is another awesome area to spread out and relax or to entertain family and friends. The undercover area is complemented by the excellent grassed section having the advantage of both undercover and outdoor alfresco space to utilize.
This property has another significant feature being the fully powered workshop/addition room. This room has POTENTIAL GALORE and could be used for a serious workshop set up, gym, extra living or bedroom space or all manner of other options.
Please note the fence to the rear alfresco space (right side looking from the road) is being replaced in the coming weeks and has been paid for already which is a significant value add.
WHERE IS IT LOCATED?
The property is located in the hills of Mount Richon in a great quiet street with local traffic only. With the incredible views, walks and lovely local parklands all around in this natural setting whilst having the cafes and shops plus all the other conveniences of Armadale and Kelmscott town centres not far away it's location is hard to beat.
WHAT TO DO NEXT
Hit the contact agent 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.