Ravenswood at a glance
3,015
People
$792,000
Median sale
$582/wk
Median rent
3.82%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
WA › Ravenswood › Old Mandurah Rd
10
Bedrooms
4
Bathrooms
4
Car spaces
878,300 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Ravenswood at a glance
3,015
People
$792,000
Median sale
$582/wk
Median rent
3.82%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
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 878,300 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 $582/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 878,300 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
Ravenswood at a glance
3,015
People
$792,000
Median sale
$582/wk
Median rent
3.82%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne MandurahWe are excited to bring to the market 398 Old Mandurah Road, Ravenswood. In its heyday it was referred to as the Old Sarum Pacing Lodge, which was set up for training and agisting pacers and trotters.
It is being sold as Offers Invited over $1.85mil - Offers Close 4pm Wednesday 10th November 2021.
In summary the main points include:
• Approx 87.83ha (approx 217acres)
• Almost 2.5km of tranquil river frontage
• Includes homestead & 2 caretaker houses
• Has stables, paddocks & workshop/shed
• Large sand training track
• 'A diamond in the rough'
The property is approx. 87.8365ha (approx. 217 acres) that has around 2.5kms of Murray River on a large portion of its outer boundary providing a picturesque serenity to this very large property.
Due to its 'past life' as a training and agistment facility for pacers and trotters there is a lot of infrastructure that would have cost plenty, eg; 3 x residences, a donga/cottage, many horse shelter sheds, large paddocks, smaller fenced yards, etc. Unfortunately since those heady days there has been minimal maintenance done in more recent years, so there are some paddocks and fences in various states of disrepair and the residences would certainly need some basic repair or maintenance.
Even though there needs to be some money spent around the property, I think upon inspection you will see the property has 'good bones' via its extensive infrastructure and we realise it may suit an equine loving person or it may just be more of an open field, lifestyle property with it's greatest feature being the almost 2.5km of serene Murray River Waterfront.
We have been advised by the Murray Shire that due to the large easements for the overhead powerlines and the underground water pipeline that the likelihood of a subdivision is unlikely therefore a buyer should consider being more focused on it being a lifestyle property that is in close proximity to the freeway and the larger towns of Mandurah and Pinjarra and having the serenity of the approx. 2.5kms of Murray River surrounding much of the property.
So when assessing the property you will likely want to spend some funds to change it to your desire but at the end of the day your investment is underpinned by being on 217 acres in close proximity to all services, the Forrest Freeway and it has the basic infrastructure to make this a highly desirable property for lifestyle and pleasure.
if this is what you want and can afford please make an appointment for an inspection as once it is gone the opportunity is missed.
DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Pictures used for marketing have been from a past marketing campaign and property improvements since then have been added. Digital staging has been used. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Listing description written by Peter Vetten, Raine & Horne Mandurah — reproduced as published, not verified by Districts.
Also look at