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 › Tredale Ave
$475,000
Last sold
21 Oct 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
1,012 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
$475,000
21 Oct 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
-50.0%
Median sale
Suburb $950,000
+3.81 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 1,012 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 1,012 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 The Agency Perth***UNDER OFFER BY BEN MATHEWS 0488 997 018***
Check out this renovated 1964 home in an incredible foothills location situated on a great sized 1,012sqm block with subdivision potential! Located within an excellent quiet street amongst other quality homes it features a great internal living floorplan which oozes character and charm throughout, has a lovely neat front façade with established trees and out back you have loads of space to enjoy and even more potential to make your very own mark!
INSIDE
As you enter the home from the front you are greeted by the lounge area and with the high ceilings it feels open and inviting.
Heading through to the kitchen zone you have a wonderful connecting kitchen/dining area.
The kitchen itself is a great size with loads of bench space and plenty of storage. It has been recently renovated to a high spec with gorgeous stone bench tops and a stunning splash back as well as quality appliances. The exposed feature brick in the kitchen also works so well and adds character to top this stunning space off.
All four bedrooms are of good size and both the ensuite and main bathroom are modern and sheik. There is an additional potential fifth bedroom space as well as a separate office/tv area which are both well positioned within the home.
Throughout this home the combination of the recent renovations, quality, modern fittings and fixtures paired with thoughtful and classy design really makes for a wonderful feel and all the work done by the current owners clearly shows.
OUTSIDE
Being on a great sized and well laid out 1,012sqm block the property presents aesthetically well from the street and with that established greenery the façade feels homely and warm.
To the rear is where this property really shines! You have an awesome bar/preparing area with a grassed space which is ready to make your own and is a super cool spot to unwind and relax or to entertain your friends/family. There are beams that go across this area and with the addition of some fairy lights added here it would be just like an outdoor restaurant/bar sitting space!
The workshop to the rear of the home is of good size and with the side access through to the back via the driveway this home will suit tradespeople just perfectly!
IS IT SUBDIVIDABLE?
I know, you're thinking "that's a big block, does it have subdivision potential?" It sure has! It's zoned R15/R25 which means you do have some options here to retain the front house and build another home at the rear subject to council approvals. Just check out google maps overhead and you will see what someone has done with a battle-axe subdivision a couple of doors down.
WHERE IS IT LOCATED?
The property is located in the foothills of Mount Richon in a great street with local traffic only. With the incredible sought after position, 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, this 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!
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 enquiries.
Listing description written by Ben Mathews, The Agency Perth — reproduced as published, not verified by Districts.