Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
$550,000
Last sold
15 Apr 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
728 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
$550,000
15 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Lockridge (last 5 years) with land size have a median of $965/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Lockridge
-29.5%
Median sale
Suburb $780,000
+1.85 pp
Gross yield
Suburb 4.41%
Suburb median $780,000 from 34 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 728 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 $662/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 728 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
Lockridge at a glance
3,738
People
$780,000
Median sale
$662/wk
Median rent
4.41%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Granger Clark Real EstateNeat 3 Bed, 2 Bath Home with Subdivision Potential
Welcome to 47 Altone Road. It is a renovated 3-bedroom, 2-bathroom home situated in a great location offering both convenience and potential. Located within easy reach of transportation, schools, shops, and amenities, this property presents an enticing opportunity for families and investors alike.
Key Features:
3 Bedrooms
2 Bathrooms
Prime Location: Convenient access to bus routes, Midland train line, shopping centers, and upcoming transportation developments.
Schools and Amenities: Good Shepherd Catholic School, ALDI, Woolworths, library, golf club, Swan Active Beechboro, and more, all within close proximity.
Subdivision Potential: With a 726m2 lot zoned R20/R50, the potential for subdivision adds significant value to this property.
Renovated and Modern: Recently completed renovation with modern finishes throughout, providing a fresh and inviting living space.
Spacious Living Areas: Kitchen and living combined to create a functional space, ideal for family and entertaining.
Comfort and Efficiency: 2 x Split air conditioning, ceiling fans, efficient lighting, and good ceiling insulation ensure year-round comfort and cost savings.
Updated Bathrooms: Renovated bathrooms with modern fixtures and amenities, including infrared heat lamps for added comfort.
Outdoor Living: Enjoy the outdoors from the back veranda, equipped with lighting, a ceiling fan, and the potential to convert part of it into additional living space (subject to permit).
Storage and Workspace: Two sheds in the backyard, one with power and light, providing ample storage and workspace options.
Parking Convenience: Carport with a 2.15m height limit, ensuring hassle-free parking for vehicles.
Don't Miss Out on This Exceptional Opportunity!
Whether you're looking for a comfortable , an investment property with subdivision potential, or a combination of both, this renovated gem ticks all the boxes. Schedule a viewing today and seize the opportunity to make this your dream home or investment property!
Listing description written by Tom Zdunek, Professionals Granger Clark Real Estate — reproduced as published, not verified by Districts.