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 › Bedfordale Hill Rd
$640,000
Last sold
18 Jan 2024
2
Bedrooms
2
Bathrooms
6
Car spaces
1,992 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
$640,000
18 Jan 2024 · 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
-32.6%
Median sale
Suburb $950,000
+1.85 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 1,992 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 1,992 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 EstateThis is just totally different, built with an unbelievable degree of imagination and creativity. This is like no other house anywhere around here.
I'll get factual before I get flowery and just lay out. Some bullet points for you first of all...
Two bedrooms.
Two bathrooms.
A good-size living area.
A balcony with a view.
A workshop.
A kinda steep, but accessible block that you can use.
A location that feels like a hide away, but in reality is just minutes away from everything.
So that's the basic facts. To see how cool the layout is, check out the floor plan in the photo reel.
WHAT'S THIS ALL ABOUT THEN?
It's all about the view. With every room positioned to take in the magnificent outlook across the world below you, this is like nothing else. The kitchen has a funky design that incorporates this work area as a significant part of every day living. We've got a versatile design that allows for that indoor/outdoor flow that makes every mealtime feel like an event. The main living area has plenty of space, and on those cold days, there's a beautiful fireplace to sit by as you look out to the horizon and watch the weather at work. You can see the rain rolling in from the coast and even the dull days are spectacular.
The master bedroom has a great ensuite bathroom and a walk-in robe. Upstairs, (yes, that's right, the master bedroom has an upstairs section) is a study/reading nook that makes for a unique hideaway in a house that is already a rather unique hideaway. All the rooms, living rooms, bedrooms, kitchen etc, have doors out to the balcony so that the outdoor experience is really incorporated into every part of life in this home.
Bedroom number two is at the other end of the house; it's a cool space with a soaring high ceiling. It's next to that spiral staircase that leads to a great area for whoever lives in this room.
Heading outside to the deck, we find heaps of space for outdoor living, and you can just imagine how many nights could be enjoyed drinking in that extraordinary view from this unbeatable position.
To get a view like this, you need to go up a hill, and up the hill we are. What a position, and whilst it's a steep block, it's quite easily accessible. When you get to the top, you can loop around and drive out straight, so it's not some awkward three-point turn situation. There is a workshop at the end of the driveway, a rare find in this area. You really can you really can enjoy great functionality in this premium position.
The home is being sold as-is where-is basis. While it looks cool, groovy and funky, it does need some maintenance around the place. But what a place to work on!
WHAT NEXT
We're open by appointment, to see it for yourself hit the EMAIL AGENT section and we'll be in touch to set up a time so you can see it for yourself!
Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.