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 › Breaksea Way
$674,000
Last sold
30 Mar 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
553 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
$674,000
30 Mar 2024 · 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
-22.4%
Median sale
Suburb $869,000
+1.17 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 553 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 553 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 Gem Property Sales & ManagementWelcome to 4 Breaksea Way Ridgewood, a beautifully presented 4-bedroom, 2-bathroom house situated on a 553sqm block offering the perfect blend of comfort, style and all within close proximity to local parks, schools, shops and transport routes.
Features Include:
• Solar Panel System.
• Ducted evaporative air conditioning throughout.
• Security Alarm System.
• Plenty of room for parking - The double paved driveway extends through to the double carport.
• Gated access to the backyard off the carport area for additional convenience.
• Covered entry area.
• Security screens to doors and windows.
• Separate front lounge room with study nook, feature roller blinds and split system AC
• The generously sized master bedroom boasts a feature wall and comes complete with a modern ensuite and WIR.
• Open plan kitchen, meals and family area overlooks back yard and alfresco - a great set up for entertaining friends and family.
• Kitchen with plenty of bench space, 4 burner st/st gas cook top, st/st electric oven, dishwasher, fridge / microwave recess' and views to patio area.
• Updated, modern family bathroom with separate shower recess and bath.
• 2 of the minor bedrooms have BIR's.
• Laundry with linen cupboard and side access to back yard.
• Additional W/C off the laundry
• Large gabled patio with feature outdoor tropical themed fan / lights, liquid limestone flooring overlooks the lush gardens
• Spacious backyard with well maintained lawns, established garden areas and garden shed
• Gas Storage Hot Water Unit
• Plus much more!
Further Property Info:
• Block Size 553sqm Zoned R20
• Water Rates: $997.77 (Total for 22/23 financial yr), $708.79 (Amount for current financial year to date for period 01/07/2023 to 29/02/2024)
• Council Rates: $1814.29 (23/24 financial year)
With a well thought out floor plan, manicured lawns, gardens and generously sized outdoor entertaining area, this property offers a serene and relaxing atmosphere. This property is perfect for families, first home buyers or for those looking to add to their investment portfolio! The price guide for this property is "Offers from $599,000", making it an excellent opportunity for buyers looking for a quality home in a desirable location.
Don't miss out on the chance to make this listing yours, contact us today to arrange a viewing and see for yourself the potential and value this property has to offer. For viewing / enquiries please email us via web advert or you can call the office on (08) 9419 7933 | Rachael Francis 0447 001 537 or Amanda Griffin 0455 455 338.
DISCLAIMER: The details of this property listing have been prepared for advertising & marketing purposes only. Gem Property Sales & Management have made every effort to ensure that at the time of preparing this advertisement the information is believed to be reliable & accurate. However, clients/buyers must carry out their own independent due diligence to satisfy that the information provided herein is correct and meets their expectations. In regards to rental estimates we recommend asking agents for a full rental appraisal at the time of submitting an offer if you are buying the property as an investment.
Listing description written by Amanda Griffin, Gem Property Sales & Management — reproduced as published, not verified by Districts.