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.
WA › Lockridge › Sturtridge Rd
$659,000
For sale
Asking
$310,000
Last sold
9 June 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
367 m²
Land
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
Asking
$659,000
Asking · $1,796/m² of land
Last recorded sale $310,000 (9 June 2023).
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
-15.5%
Median sale
Suburb $780,000
+0.81 pp
Gross yield
Suburb 4.41%
Suburb median $780,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,243 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Lockridge's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 367 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.
Gross yield if leased at the suburb aggregate is 5.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 367 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 HouseSmart Real EstateWelcome home to this beautifully presented and ready to move in three-bedroom, one-bathroom residence offering comfortable living, classic homely warmth and a well-connected Lockridge location. Set on an approximately 367sqm strata-titled block with no strata fees, this 1969-built home presents a surprisingly large feeling 85 square metres of internal living space. This is a fantastic opportunity for buyers seeking an affordable entry point, a low-maintenance investment, or a home with scope to further improve over time.
Stepping inside, the home offers a functional and easy-care layout with a light-filled living area, polished timber flooring, air conditioning, and a practical connection through to the kitchen. The kitchen provides ample cabinetry, good bench space and everyday convenience, while the adjoining laundry adds further storage and utility. There are three bedrooms, with the main bedroom featuring a built-in robe, serviced by a central bathroom with walk-in shower, vanity and skylight. With well-placed windows helping to bring natural light throughout the home, the property feels bright and welcoming while still offering plenty of potential to personalise further. Outdoors, the property offers a large paved parking area to the front, established garden beds, and an undercover paved entertaining area to the rear, creating a usable outdoor space with room to add value, personalise or simply enjoy as-is.
Property Highlights:
• Three-bedroom, one-bathroom home built in 1969
• Approximately 367sqm block
• Approximately 85sqm internal floorspace
• Strata titled with no strata fees advised
• Large paved parking area at the front of the home
• Timber flooring and carpets
• Air conditioning throughout the main living room (note: Ducted AC is not operational)
• Natural light throughout the home
• Main bedroom with built-in robe
• Functional kitchen with good storage and bench space
• Central bathroom with walk-in shower, vanity and skylight
• Separate laundry with additional storage
• Undercover paved entertaining area to rear
• Established gardens and outdoor areas with potential to improve
• Stove, rangehood, hot water system and guttering all recently replaced in 2025
Investor Summary:
• This property is currently VACANT and ready to move in or lease out!
• Current rent: $520 per week
• Market rent for this property is approximately $625 - $675 per week
• Flexible opportunity to continue the lease or have a buyer move in after the lease end date
• Water rates: approximately $970 per annum
• Council rates: approximately $1,500 per annum
• Strata titled with no strata fees advised
Location Summary:
Positioned in a convenient pocket of Lockridge, this property offers easy access to local schools, shops, nearby parks, public transport and major road connections. Whether you are looking for a well-located investment, a practical home to move into or a property with solid long-term potential, this address is well worth considering.
Why you will love it!
• Affordable and practical three-bedroom layout
• Perfect for the owner-occupier
• Flexible future options for investors
• Low-maintenance block with no strata fees advised
• Excellent opportunity to add value over time
• Convenient Lockridge location close to nearby parks and everyday amenities
Listing description written by Adam Bettison, HouseSmart Real Estate — reproduced as published, not verified by Districts.