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WA › Mount Richon › Richon Heights

3 Richon Heights, Mount Richon WA 6112

House

$850,000

Last sold

3 Jan 2022

5

Bedrooms

2

Bathrooms

4

Car spaces

2,000 m²

Land

239 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $850,000 (3 Jan 2022).(Recorded sale)
  • CalculationLand 2,000 m² against a 239 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mount Richon (last 5 years) with land size: median $563/m² of land (n=92). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$850,000

3 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.

See the full Mount Richon report →

Vs Mount Richon

-10.5%

Median sale

Suburb $950,000

+0.45 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$850,0003 Jan 2022
  2. Listedprice unknowncompleted29 Nov 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,000 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,000 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Richon in one glance

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.

See the full Mount Richon report →

Keep researching

  • Why Mount Richon? Read the area thesis →
  • What else is on the market in Mount Richon →
  • Other records on Richon Heights →

Listing material

Listed by O'Neil Real Estate

TRULY IMMACULATE HOME WITH ALL THE FEATURES

This is without a doubt one of the most immaculately presented homes on the market. A true example of fastidious owners taking care of every minor detail, you will be impressed with everything on offer in this stunning five-bedroom home. Set on 2000sqm block it is tremendously accessible, practical, stunning design.

INSIDE

From the moment you enter the home the attention to detail is apparent. The kitchen is in the heart of everything with beautiful high ceilings through the kitchen and main living area this is sure to be the hub of day to day living. With a gorgeous design that makes it as attractive to look at as practical to work in, this kitchen is truly impressive. With so much workspace and storage, you will have no end of fun working in this great space. Yep, fun in the kitchen. You've got a fancy "Belling" oven, and even the high-end fridge is included. This main living area is lovely as well and has heaps of room for day-to-day life, it leads through to what could be theatre room or games room depending on your needs. At the front of the home is the lounge and meals area, its adjacent to the master bedroom so this could be a super-size parents retreat, if you need it to be. Not that you're short of places to retreat to in this place. The master bedroom is beautifully presented and has a lovely ensuite bathroom and a walk-in robe. Opposite this is the well-appointed study, so there really is one whole end of the house that is pretty much for the adults. The rest of family won't be to be disappointed though because the big secondary bedrooms aren't short of reasons to be happy. All four of them have built in robes and have access to the beautifully presented and styled bathroom.

Read the full description

OUTSIDE

The inside is impressive but boy this outside really takes the cake. There is a huge workshop and a plenty of space to entertain, so let's start by talking about the entertainment. There is an enormous patio alongside the home with heaps of space to entertain right alongside the living areas, it's really about that indoor outdoor kind of thing. Big parties will be a breeze with this much space. The gardens are well established and create a beautiful back drop to your entertaining area. Now while were entertaining, we better to talk about poolside entertaining and entertaining gets even more fun with this space. Separate from the rest of the home is this elevated pool area. The beautiful cabana features a bar and plenty of space for a huge outdoor dining table and lounge, this poolside sanctuary really is one of most impressive features you will find in a home anywhere in this area. The pool is beautifully maintained and features a spa jet seat. There really is nothing more you need to think about to see how great this property is but there is more!

The brilliant workshop is virtually unseen from the house but perfectly positioned with side access and an asphalt driveway from the front of the property right to the back. It has its own separate driveway so there's no squeezing past the house with the caravan or the boat to get to the shed, this is truly an outstanding feature. With a high roof and additional parking on the side for trailers or maybe even the caravan. Its one of a kind and one you have to see. Behind the shed and the pool is the beautifully established orchard with mango, avocado, whole range of citrus and more waiting to spoil you through the year.

OH AND...

We've also got solar panels, ducted air conditioning, shopper access directly into the kitchen, some crazy amount of parking and more!

WHERE IT IS

Whilst you have your own sanctuary from everything this really is remarkably close to so much. Within minutes of public transport including buses and trains as well as major shopping centres, this is truly a practical place to live.

WHAT NEXT

Hit the email agent button at the bottom of this webpage to view what is, without a doubt, one of the best homes on the market in this region. We will set up a time for you to view this exclusive property by appointment, you will not be disappointed! Unless you miss it…

Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.