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 › Rathkeale Blvd
$645,000
Last sold
1 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
175 m²
Building
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
$645,000
1 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Ridgewood (last 5 years) with land size have a median of $1,319/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
-25.8%
Median sale
Suburb $869,000
+1.40 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 375 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 375 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 PerthPLEASE NOTE: ALL VIEWINGS STRICTLY VIA THE OPEN HOME!!
Opportunities like this don't last long and with scheduled GRAND OPENING both Saturday 27th & Sunday 28th April with ALL OFFERS in by 5PM MONDAY 29th APRIL 2024
Nest or Invest - You have every opportunity to view and secure this well-maintained property in this thriving suburb.
It doesn't get much better than this – Stand out from the crowd as this beauty offers plenty of street appeal, this home is instantly appealing to the eye and boasts a combination of brick with a modern rendered finish.
Slightly elevated from street level the front porch is the perfect spot to sit back and relax with your morning cuppa and enjoy parkland views. What a great way to start your day!
My client's careful consideration with the build plan included sun-drenched living areas with plenty of natural light, a flexible floorplan teamed with an easy-care low maintenance block. A winning combination!
Who doesnt love a good sized cottage home! The kitchen and living areas in this cottage home are sure to impress - With 175sqm living you have plenty of room to spread out and furnish with the largest of couches and dining room settings. If in doubt, bring your tape measure.
The heart of the home is the open-plan dining and family, overlooked by the kitchen. The kitchen is generous in size – fitted with gas hotplate, under bench oven, pantry, double fridge recess, dishwasher (purchased 9/2023), overhead cupboards, range hood with plenty of bench area to prep meals/use as a breakfast bar. Get ready to cook up a storm!
The separate lounge offers a 2nd living area situated at the front of the home and noted as Media room on the floorplan. Depending on your personal needs this area may suit as a study or playroom.
Internal features:
Master bedroom is a generous size, carpeted with walk in robe and en suite.
En suite is light and bright with shower, vanity and toilet
All 3 minor bedrooms are of good proportions, carpeted with fitted robes
Main bathroom is neutral tones with bath, vanity and shower
Open plan kitchen, dining and family area (tiled)
Front lounge is a great size, carpeted, light and bright
Laundry is fitted with 2nd toilet and sliding door to courtyard
Linen cupboard, security doors, gas negus point in living area
Large Samsung 7kw Split system air conditioning unit installed in July 2023
(keep cool and cozy for year-round comfort)
Outdoor features:
Double auto garage via laneway access with shoppers' entry to home - secure parking with sheltered access in the winter months for young families.
Paved alfresco for year-round entertaining
Paved pathway from front gate to back gate. Established trees frame the fence line for privacy. All of the hard work has been done and just ready for your own personal touches (planter beds, herb garden, turf or artificial lawn)
Fully fenced garden with gates to back laneway
Similar properties are currently renting for over $600per week. Savvy investors can expect a great return on this gem.
FIFO workers this can be the perfect lock and leave home to call your own - with the easy care low maintenance lifestyle you can relax and enjoy your rostered time off without all the maintenance.
Down sizers, first home buyers these properties offer ownership with a block size larger than a postage stamp, an outdoor area that is private and a home that has TWO living areas and NO STRATA. Often asked for but harder to find in this market.
Local schools include St Francis of Assisi Catholic Primary, Merriwa Primary school, Butler College, Irene McCormick Catholic College, Butler Primary, East Butler Primary - 3-5 minute drive to Quinns Baptist, Peter Moyes, Mindarie Senior College
Local shopping centre at Lukin Drive Ridgewood includes doctor surgery, dentist, fast food outlets, chemist, child care centre, fitness centre, supermarket, petrol stations, cafe. Nearby facilities and amenities include sports oval, taverns, gyms, IGA supermarket, play centres, transport links.....
Freeway access via Lukin Road is just minutes away heading north to Romeo Road or South to Perth city.
Run – Don't Walk you won't be disappointed! See you at the open home 😊
If you have any questions, please don't hesitate to contact me.
Built: 2013 Block: 375 sqm (approx.)
Land Rates: $2084.32 Water Rates: $1079.00
Leanne Waters – The Agency
m: 0403 006 994
e: leannew@theagency.com.au
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.