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 › Richon Heights
$1,500,000
Last sold
7 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
10,738 m²
Land
263 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
$1,500,000
7 June 2024 · 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
+57.9%
Median sale
Suburb $950,000
-1.40 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 10,738 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 10,738 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
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 EstateThis is, without doubt, one of the most impressive properties to come to market in the hills in recent times. Perched at the top of the hill on a little over 2.6 acres you will be mesmerised by panoramic views, breathtaking sunsets and a peaceful bush setting that provides exceptional privacy and serenity.
The entrance to the property is at the end of a quiet cul-de-sac at one of the highest points of Mount Richon and a bitumen driveway winds through the landscaped grounds towards the house. The 6x9m shed is easily accessed by vehicles and is fully equipped with 3-phase power and a large area of hardstand parking in front.
The pool area is nothing short of spectacular, with large areas for entertaining available and a fully equipped cabana with the stunning views as your backdrop. This just might be one of the most impressive places to host a party in the suburb!
The drains and retaining walls have been painstakingly rock pitched over the years, creating a masterpiece which winds throughout the property. The result is a property which functions perfectly and is impressive at every turn.
The sprawling residence has been lovingly cared for and updated and provides an abundance of space for the family to spread out. There are several large living areas which have been designed to take in the views from as many vantage points as possible and the rear of the house overlooks a large and well-maintained lawn and garden area, which is ideal for the family with little ones or pets who need space to roam.
There are four large bedrooms plus an office, which all can accommodate larger furniture and the main bathroom has a bath which just might have the most impressive view from any bath I've ever seen!
Solid Marri flooring adds a warmth and homeliness to the property and the entire house has been freshly painted, leaving the new owner nothing to do other than move in and enjoy. The kitchen is a great size and features a large walk-in pantry, recently upgraded appliances and a big breakfast bar which is sure to be the most popular hub for busy families to enjoy.
Perhaps the most impressive space to be is the deck which suspends out from the living area and takes in the views. Entertaining on a summers evening between this space and the pool yard will allow you many years to create memories in the most stunning setting.
The property is connected to scheme water and is even fitted with a booster pump and holding tank to ensure good water pressure is always always available.
There are very few properties of this calibre in the area and there isn't likely to be something else on the market which is this impressive anytime soon! So don't delay, hit the EMAIL AGENT form on this website and book in a viewing and prepare to be amazed!
Listing description written by Travis Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.