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 › Carrick Rd
$985,000
Last sold
14 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,012 m²
Land
152 m²
Building
Districts View
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
$985,000
14 May 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $560/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
+3.7%
Median sale
Suburb $950,000
-0.14 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 O'Neil Real EstateThis is a beautiful place to call home. Set high on the hill with a stunning outlook across the metro area and directly to our beautiful city skyline, this is, without doubt, one of the premier locations that very few people have ever heard about.
LIVING HERE
What an absolutely brilliant place we have on offer here, 38 Carrick Road, Mount Richon is every bit as practical as it is attractive. A two-storey home with real liveability. It has been designed to take in that magnificent view. You can see from the floor plan how well laid out it is, but I'll give you the brief rundown anyway. The kitchen and living areas are upstairs. I say "living areas" because there's one central living room up here, but you're going to spend a lot of time living out on the balcony, I expect. The balcony has you perfectly perched to take in that stunning view across the hills and across to the city. It's simply remarkable. When you're out here, there is so much to love about the kind of atmosphere that this creates. It just feels like every day is a get-together and a reason to celebrate… even when you're just getting together with the people you live with. It's so well positioned, and it's sure to be where everyone comes to watch the fireworks on special occasions, or just the incredible sunsets any day of the week.
The kitchen is, no doubt, going to need to cater to some pretty great events when you have a place as beautiful as this. Within the kitchen, we have a good-sized pantry, gas cooking, and room to get things done.
The living area itself will comfortably fit larger furniture styles, positioning everything, of course, so you can still see the view as well as the TV.
The main bedroom is a good size. It features a bay window and a great outlook towards the city. It also has roller shutters, if you're the sort of person who likes to sleep in and doesn't want the sun telling you when you need to wake up. There's a good-sized ensuite bathroom and a separate toilet.
Downstairs, we have three bedrooms and an extra lounge room. The three bedrooms all feature built-in wardrobes. The main bathroom has a separate shower and bath, and the laundry is down here too. You can see it; the floor plan really does work so very well.
Outside, the upstairs balcony is sure to be where most of the big events happen, but there is plenty to like about everything else out here too. We are in the hills, so this is not a flat block. And whilst it's not a flat block, it is an accessible one. There is plenty of room for parking here, with the garage as well as additional open parking spaces. It's a concrete driveway, and there's ample turning space up here as well.
There's heaps of parking in that garage, as well as additional storage, including the garden shed.
The rear part of the block is largely self-maintaining, with the occasional prune required for this mostly native garden. It's a 1012sqm block so you've got room to enjoy front back and beyond.
WHERE IT IS
Mount Richon is a beautiful place to live. It's a well-established location, surrounded by quality homes. You're just a couple of minutes away from the Armadale Town Centre, where you have great shops, cafes, restaurants, and more. You can walk to virtually everything from here, and it's just minutes away from the train station, schools, and everything you need for a convenient life.
WHAT NEXT
Hit the EMAIL AGENT button on this webpage and we'll be in touch to set up a time so you can see it for yourself!
Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.