Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

WA › Ridgewood › Daydream Way

34 Daydream Way, Ridgewood WA 6030

For saleHouse for Sale

$799,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

540 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $799,000(Listing record · 12 Aug 2026)
  • FactLand 540 m²; no building size recorded.(Property record)
  • CalculationAsk is 8% below the Ridgewood median recorded sale ($869,000, n=33, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ridgewood's advertised median rent ($674/wk), implied gross yield would be 4.39% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$799,000

Asking · $1,480/m² of land

No recorded sale for this property.

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.

See the full Ridgewood report →

Vs Ridgewood

-8.1%

Median sale

Suburb $869,000

+0.36 pp

Gross yield

Suburb 4.03%

Suburb median $869,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$799,000
Stamp Duty (Western Australia)
$32,264
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$835,189

$36,189 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Ridgewood's advertised median rent — not a rent for this listing.

Net yield
2.89%
Annual cashflow (pre-tax)
$-18,485
Interest cover (DSCR)
0.56
Annual rent
$35,048
Operating expenses
$11,985
Loan amount
$639,200
Annual interest
$41,548
Gross yield
4.39%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$799,000available11 Aug 2026

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 540 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 $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.

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

Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 540 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

Ridgewood in one glance

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.

See the full Ridgewood report →

Keep researching

  • Why Ridgewood? Read the area thesis →
  • What else is on the market in Ridgewood →
  • Other records on Daydream Way →

Listing material

Listed by Listed Estate Agents

A Lifestyle Beyond the Walls!

Cosy where it counts and wonderfully generous where it matters, this charming 4 bedroom 2 bathroom family home proves that the good life doesn't have to be complicated. Warm and welcoming inside, it's the abundance of outdoor space that truly steals the show, offering your loved ones plenty of room to entertain, play, potter, spread out and make the most of the fresh air. It’s a place that keeps things beautifully simple indoors, while serving up a whole lot more beyond the back door!

WHY YOU SHOULD BUY ME:

• Carpeted front living room with a ceiling fan and a lovely bay window that captures all of the pleasant morning sunlight

Read the full description

• An adjacent open-plan dining and kitchen area that has been splendidly updated and comprises of a linen press, a storage pantry, a skylight, stylish light fittings, glass splashbacks, a microwave recess, double sinks, a breakfast bar, an integrated range hood and Westinghouse gas-cooktop and electric under-bench-oven appliances

• A spacious outdoor patio-entertaining area off the dining room – complete with café/shade blinds for protection from the elements, magical evening sunsets to savour and full view of a huge, elevated and secure backyard with lawn for the kids and pets to play on, a delightful garden grapevine and room for a future swimming pool and more

• Carpeted bedrooms, inclusive of a front master suite with a walk-in wardrobe and a renovated ensuite bathroom – featuring a toilet, shower and vanity basin

• Ceiling fan in the third bedroom, with the second bedroom positioned at the front of the house for maximum morning light

• Practical main family bathroom with a bathtub, showerhead, vanity and under-bench storage space

• Updated laundry with under-bench storage

• Large tandem remote-controlled double lock-up carport with access to a powered lock-up workshop shed, plus internal shopper’s entry via the laundry

OTHER FEATURES:

• Solid brick-and-tile construction

• Low-maintenance timber-look flooring

• Solar-power panels

• Split-system air-conditioning to the kitchen area and master suite

• Gas bayonets to both the living and dining spaces

• Remote/electric security window roller shutters to the front of the house

• NBN internet connectivity

• Security doors and screens

• Instantaneous gas hot-water system

• Reticulation

• Established lawns and gardens

• Rear garden shed

• 540sqm (approx.) block

• Built in 1996 (approx.)

WHAT THE FUTURE HOLDS:

• Stroll to sprawling Ridgewood Park around the corner, with only a matter of minutes separating your front doorstep from restaurants, the local pharmacy at Lukin Shopping Centre and even more shopping at the brilliant Ocean Keys – with bus stops, other lush local parks, schools (including Irene McCormack Catholic College, St Francis of Assisi Catholic Primary School and Butler College), the freeway, Clarkson Train Station and our pristine Western Australian coastline all very much nearby too, for living convenience

DISTANCE TO:

• Ridgewood Park – one minute (400 metres approx.)

• St Francis of Assisi Catholic Primary School – four minutes (1.8 kilometres)

• Lukin Shopping Centre – four minutes (1.9 kilometres)

• Butler College – four minutes (2.3 kilometres)

• Irene McCormack Catholic College – five minutes (2.2 kilometres)

• Ocean Keys Shopping Centre – six minutes (3.3 kilometres)

• Clarkson Train Station – six minutes (3.6 kilometres)

• Mindarie Marina – seven minutes (4.1 kilometres)

• Perth CBD – 35 minutes or 37.7 kilometres (approx.)

This information is for general guidance only, no warranty or representation is made as to its accuracy and should not be relied upon by any interested buying parties nor can the agent or seller be held liable or accountable for any details provided.

Listing description written by Leah Westaway, Listed Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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