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 › Summit View
$870,000
Last sold
3 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
2,372 m²
Land
257 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
$870,000
3 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Mount Richon (last 5 years) with land size have a median of $563/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
-8.4%
Median sale
Suburb $950,000
+0.35 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 2,372 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 2,372 m² — that is not official geometry.
Nearby development pipeline
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 EstatePositioned high on the hill to make the most of the extraordinary views to the coast, the city, and beyond, this is an exceptional home in a truly magnificent location.
LIVING HERE
So much of life in this home will be lived with this magnificent view as the backdrop. There is really nothing else quite like it. The kitchen, the living area, the study, the master bedroom, and the enormous alfresco area all take in this jaw-dropping view.
The kitchen is beautifully designed, and the design is perfect for day-to-day living, with the breakfast bar creating a wonderful centre point of daily activity. There is ample workspace here, and plenty of storage too. It's beautiful functionality.
The home was built with style and captivating views at the forefront of every decision but it's resulted in an extremely practical place to live. The bi-fold doors from the living area open out to the marvellous alfresco area, which is sure to be core to entertaining a crowd and also to your own daily activities. At the front of the home is a formal living area with beautiful high ceilings, creating a wonderful atmosphere in this large open room. This is adjacent to the master bedroom and serves as a retreat from the busier parts of the home. The master bedroom is truly exceptional, and the attention to detail in this element of the home design is superb. The ensuite is a wonderful feature and has lots of room and also lots to like in this beautifully decorated space. The secondary bedrooms are all of a great size, with each featuring built-in robes and being large enough to house a queen or king-sized bed.
The outdoor living is as exciting as the inside, with so much room for entertaining. There are various spaces you can choose to be to make the most of your views, find the sun or hide in the shade. It's a 2372 sqm, block so you have plenty of space between you and your neighbours. It also offers some other interesting vantage points to really enjoy this stunning outlook.
WHERE IT IS
This home is remarkably close to so much, we have shopping centres, restaurants, cafes, and all the other major services you need for a convenient modern lifestyle all within minutes of the property, but you would never know it when you are up here because it truly does seem so far removed from everything that it looks upon.
WHAT NEXT
Hit the email agent button at the bottom of the webpage, and we will be in touch with you to set up a time for you to see this marvellous property for yourself!
Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.
Nearby 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.