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 › Corinda Way
$540,000
Last sold
17 Oct 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
664 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
$540,000
17 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Ridgewood (last 5 years) with land size have a median of $1,353/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
-37.9%
Median sale
Suburb $869,000
+2.46 pp
Gross yield
Suburb 4.03%
Suburb median $869,000 from 33 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 664 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 664 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 The Agency PerthWelcome - I am delighted to offer 31 Corinda Way Ridgewood to the market.
GRAND OPENING this SATURDAY 16th & SUNDAY 17th SEP. 12.00-12.30pm
PLEASE CLICK 3D link to view if you cant view in person
This 3x2 family friendly home sits on a sprawling 664sqm block. No need to compromise on outdoor living and parking as there is plenty of off street PARKING, plenty of room for the kids, plenty of room for your pets!
My clients have renovated the kitchen and its stunning. Storage has been carefully incorporated in the design to make this area not only functional but presenting with a real WOW factor. I love the over sized kitchen bench which is the perfect place to surround yourself with family and friends.
Entertain in style and relax in the oversized outdoor area that will have family and friends coming together for social gatherings, bbqs and Christmas/family celebrations. Beat the heat and splash into summer with sparkling below ground pool, or sit back and relax underneath the shaded areas or soak up the sun poolside on extensive decked areas
Master bedroom is carpeted and complete with walk in robe (air con unit)
En suite is fitted with shower, vanity and toilet
Front lounge area is tiled and offers a good sized
Kitchen area is stunning and features oversized corian bench with plenty of storage
large gas hotplate, wall oven, microwave recess, pantry, range hood, cupboards and drawers for all your storage needs - get ready to cook up a storm. Your friends will be green with envy with the workspace and storage this stunning kitchen has to offer.
Open plan kitchen, dining and family area with sliding door to alfresco
Living area is fitted with air conditioning unit
Bedroom 2 is carpeted with fitted robe
Bedroom 3 is carpeted with fitted robe
Main bathroom is complete with bath, shower and vanity
Separate 2nd toilet
Laundry area
Over sized grey floor tiles work perfectly in the living areas
Outdoors
Below ground pool (piped ready for heating if required) Summer is only around the corner so get ready to enjoy those long hot months in the privacy of your own home.
Extra large alfresco with limestone wall framing the pool area
All weather pergola (keep cool in summer months) and sheltered in the winter
Limestone capped garden bed features fish pond with koi
Wooden decked outdoor area
Solar panels
Security doors
Garden shed, shade sail, limestone garden beds
Lawn area with established gardens and plenty of space to add kids play equipment, vege garden or create your own tropical oasis.
Reticulation
Nest or Invest as rental properties are in high demand and this beauty ticks all the boxes with location and lifestyle. Owner occupiers welcome to a family friendly suburb with parklands, shopping centres, bus routes, day care centres, gyms, beaches all in close proximity. A selection of government and private schools are located within a 3-5 minute drive. Situated in a great street with easy commute to CBD via Hester Ave freeway on ramp or Clarkson/Butler train station.
Built 2006
Block 664sqm (approx)
Land Rates $1900
Water Rates $ 997 (approx)
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 Leanne Waters, The Agency Perth — reproduced as published, not verified by Districts.