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WA › Lockridge › Germain Way

55 Germain Way, Lockridge WA 6054

House

3

Bedrooms

1

Bathrooms

2

Car spaces

692 m²

Land

97 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 692 m² against a 97 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Lockridge (last 5 years) with land size: median $963/m² of land (n=97). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Lockridge (last 5 years) with land size have a median of $963/m² of land (n=97). 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 35 recorded sales (last 12 months) — a Districts calculation.

See the full Lockridge report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown27 Sept 2022
  2. Listedprice unknowncompleted10 Aug 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 692 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 692 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lockridge in one glance

Lockridge at a glance

3,738

People

$780,000

Median sale

$662/wk

Median rent

4.41%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Lockridge report →

Keep researching

  • Why Lockridge? Read the area thesis →
  • What else is on the market in Lockridge →
  • Other records on Germain Way →

Listing material

Listed by HouseSmart Real Estate - HouseSmart Real Estate

Feature Filled Home, Powered Shed on R20/35 Block!

Welcome to this well presented, reliable and feature filled three-bedroom, one-bathroom on a full sized block! Built in 1983, this property has a large 692 square metre R20/35 square metre block and an enjoyable 97 square metres of floor space. The home is set back from the road in a slightly elevated position, with large windows and sweeping trees adding a healthy touch of nature. Prime features of the home include ducted evaporative air conditioning, drive through access to the backyard, a rear garden shed with power (wow!), gas stovetop cooking, tiled flooring, a split cycle air conditioning unit, a full height tiled bathroom with separate bath and shower, as well as spacious bedrooms. The home is currently vacant – ready immediately for leasing activities at approximately $390 per week, or ready to be immediately loved and lived in by an owner occupier. Don’t miss out on this home.

Property Highlights include:

- Three-bedroom, one-bathroom home built in 1983

Read the full description

- 692 square metre block, zoned R20/35 – subdivision potential (confirm with council)

- Approximate floor space of 97 square metres

- Large windows and elevated position on block

- Ducted evaporative air conditioning throughout

- Split cycle air conditioning unit in living space

- Gas stovetop cooking

- Rear garden shed with power

- Full height tiling in bathroom

- Separate bath and shower

- Drive through access to backyard

- Approximate market rental value of $390 per week

Drive up to the front of the property and enjoy parking space on the driveway, accessing all the way through to your backyard. The block here is large, and zoned R20/35 – suggesting subdivision potential, subject to council approval. There are lovely trees in the front yard that provide shelter and a bit of privacy, and the home has excellent windows that provide a great vantage over the street and draw natural light inside.

Stepping inside the home you are greeted with the large semi-open plan living room in front of you to your right, a hallway stretching out to your left and the rest of the home, and the dining and kitchen area directly in front of you – with a glass sliding door that leads to the backyard visible too. Tiled flooring, ducted evaporative air conditioning (and a split cycle system in the lounge room!), and maneuverable ceiling lights add comfort and flexibility to the home. There’s a handy access point to the electrical circuit box in the corner of the living room, and a half-wall works to separate the living room from the dining area – helping to distinguish specific zones of the house for you!

The kitchen is constructed around a general U-shape, with plenty of cabinetry and cupboard space for storage and organisation. Above the sink is a window with views through to the backyard, and feature brown tile splashback above the kitchen benchtops helps make clean up simple. There is plenty of space for fridges and shelving too – open and flexible ready for you to organise your life however you’d like here. Adjacent the kitchen is a glass sliding door leading to the backyard.

All three bedrooms feature carpet flooring, windows that are well placed to draw in natural light, and a suite of powerpoints. The primary bedroom enjoys a feature light in the ceiling, as well as a TV & landline/internet point directly in the bedroom! The bathroom shines with full height tiling surrounding the whole bathroom – a lovely feature. There’s also a separate bath and shower, security screen and frosted window for ventilation, light and privacy, a mirrored wall cupboard and vanity with lots of storage space – all designed to help your morning routine. The toilet and laundry are separated, with plenty of space for a washing machine or storage however you see fit.

The backyard is another highlight of the home, with the block being a great size at 692 square metres of R20/35 zoning. There is a range of beautiful trees, some limestone retaining, and grass for pets to play in. The rear garden shed is a moderate size and has a power connection with an external powerpoint – an attractive feature. Whether you admire this backyard for its great family activity space or the subdivision potential (subject to council approval) – it is truly an excellent asset to walk across!

This property is located at the corner of a loop, minimising through traffic. There are a range of parks nearby including Woolgar Lake, Grimrey Oval and Clarry Small Park. Schools in close proximity include Lockridge Primary School, East Beechboro Primary School and Good Shepherd Catholic School. Shopping is easy with the popular Altone Park Shopping Centre a short drive away! Public transport is available via buses along Sturtridge Road, Benara Road and Lord Street – leading to the trainline and Bassendean Train Station. Don’t miss out on this excellent opportunity!

Listing description written by Adam Bettison, HouseSmart Real Estate - HouseSmart Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ducted Cooling
  • Fully Fenced
  • Living Areas: 1
  • Shed
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.