Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
WA › Maddington › River Ave
$570,000
Last sold
9 Oct 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
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
$570,000
9 Oct 2024 · derived via latest_sale
Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Maddington
-27.2%
Median sale
Suburb $782,500
+1.63 pp
Gross yield
Suburb 4.37%
Suburb median $782,500 from 68 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. 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 $658/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.
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
Maddington at a glance
14,745
People
$782,500
Median sale
$658/wk
Median rent
4.37%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Porter Matthews MetroUnlock Potential with a 2-Bedroom Duplex on a 2981m² Block!!!
Ideally situated at the front of the block, this inviting 2-bedroom, 1-bathroom duplex offers a wonderful opportunity. Combine it with the adjacent 3-bedroom, 1-bathroom duplex at 52A River Avenue to create a substantial 2981m² block. This larger parcel presents the potential to subdivide into four units while retaining the current duplexes.
Rental Potential:
• 52B River Avenue: $600 per week
• 52A River Avenue: $600 per week
Together, these properties offer a combined rental potential of $1200 per week, which equates to an impressive $62,400 per annum.
Charming 2bedroom 1 bathroom home
If development isn't your focus, this property remains an excellent choice for owner-occupiers. Located in a desirable part of Maddington, this home backs onto a serene river reserve and offers a cozy living space with proximity to the Canning River. Enjoy the convenience of being close to Maddington Primary School, Maddington Central Shopping Centre, and Maddington Train Station.
Step inside to discover low-maintenance timber-look flooring complemented by a split-system air-conditioning in the welcoming open-plan living, dining, and kitchen area. The practical kitchen features sleek white cabinetry and modern stainless-steel appliances, including an electric hotplate and oven.
Both bedrooms are carpeted for added comfort, with the master bedroom featuring a ceiling fan and built-in wardrobes. The second bedroom is also generously sized and flows to a covered patio, ideal for relaxing or entertaining.
Additional Features:
• Separate laundry with alfresco access
• Separate toilet
• Solar power panels
• Skirting boards
• Games room
• Single carport
The sizable backyard is a key feature, offering ample lawn space and a garden shed.
Approximate Distances:
• Maddington Primary School - 800m
• Maddington Train Station - 1.8km
• Centro Maddington Shopping Centre - 1.2km
• Perth Airport (T1 & T2) - 16.6km
• Perth CBD - 19.0km
Water rates: $822.11 p/a (approx.) (01/07/2023 to 30/06/2024)
Council rates: $1,680 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Listing description written by Raveen Liyanage, Porter Matthews Metro — reproduced as published, not verified by Districts.