Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
WA › Wembley Downs › Ridge St
$2,300,000
Last sold
8 Nov 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
721 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
$2,300,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Wembley Downs (last 5 years) with land size have a median of $2,771/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Wembley Downs
-3.4%
Median sale
Suburb $2,380,000
+0.06 pp
Gross yield
Suburb 1.89%
Suburb median $2,380,000 from 9 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 721 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 $863/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 721 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
Wembley Downs at a glance
7,459
People
$2,380,000
Median sale
$863/wk
Median rent
1.89%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency Perth* All Offers by the 23rd of October
Welcome to a truly extraordinary residence that stands a cut above the rest, where unique charm intertwines with a cool and funky aesthetic to create a one-of-a-kind abode. With an impressive layout designed for relaxed family living, the incredibly flexible floorplan presents a myriad of options, facilitating multi-generational living or working from home arrangements! Set on a picturesque and family friendly street in one of Perth's best educational hubs, this simply is the epitome of family living, and the one you've been waiting for!
On entry you'll be greeted by soaring raked ceilings that create an air of elegance, enhanced by expansive windows that invite in an abundance of natural light, and frame treetop views, to create a tranquil and inspiring atmosphere. This unique property boasts entertaining areas that seamlessly blend indoor and outdoor living, perfect for hosting gatherings or enjoying time by the sparkling swimming pool. The home's perfect orientation and lush gardens create year-round greenery and shade around the entire property.
This residence is not just a house - it's a canvas for cherished memories and remarkable experiences. Discover a place where something interesting awaits around every corner, making it the perfect sanctuary for those seeking both uniqueness and comfort.
Other features include:
- Outdoor study / Guest room with a view
- Powder room
- Study / 4th Bedroom
- Music room / 5th Bedroom
- Open plan kitchen and dining
- Beautiful living room with high ceiling
- Kitchenette to lower level
- First floor alfresco area and wrap around balcony
- Ample storage space throughout the home
- Large lower level alfresco and bbq area
- Double carport with additional parking
- Veggie garden
- Store-room
When it comes to location, Ridge Street is hard to beat! From this idyllic spot, you will be within minutes of the beach, Wembley Golf Course, Wembley Downs Tennis Club, Floreat Forum, Bold Park Aquatic Centre, and an array of Perth's best schools including Hale School, Newman College, Churchlands Senior High School, and Holy Spirit, Kapinara and Wembley Downs Primary Schools!
Deserving of your inspection!
Council Rates: Approx. $2911.70 p.a
Water Rates: Approx. $1775 p.a
* The Seller reserves the right to accept an offer prior to the advertised end date.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Ralph Seymore, The Agency Perth — reproduced as published, not verified by Districts.