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
$810,000
Last sold
15 Dec 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
2,002 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
$810,000
15 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Maddington (last 5 years) with land size have a median of $1,042/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
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
+3.5%
Median sale
Suburb $782,500
-0.15 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. Listed land size is 2,002 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 $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. Listed land size is 2,002 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
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 Metro*** To be SOLD by OPENN NEGOTIATION - Online Finance Auction ***
***8 REGISTERED BIDDERS***
There is a distinct country-like feel about this character-laden 4 bedroom 2 bathroom family home that is warm, charming and tranquilly sits just footsteps away from the Maddington riverbanks, whilst nestled on a massive 2002sqm (approx.) block Zoned R30 (Potential 6 Unit Site). You will be forgiven for thinking you were relaxing down in our State's enchanting south-west and not merely half-an-hour away from our bustling Perth CBD.
You will fully appreciate the seemingly-endless space on offer to you and your loved ones here, for both work and play. Before you even step foot inside, you will delight in the striking bull-nose entry verandah that allows you to sit back, relax and take in everything great about beautiful Mother Nature.
Internally, an elegant formal lounge room is supreme in its spaciousness, has its own Jetmaster open fireplace and boasts a separate private entrance, via a gorgeous single French door. For casual living, the generous open-plan family, dining and kitchen area is timelessly tiled and plays host to a second jetmaster fireplace, alongside exquisite wooden cupboards, a stainless-steel DeLonghi Dual Fuel Upright Cooker with twin-oven combination, tiled splashbacks and more.
The master-bedroom retreat is huge and headlines the sleeping quarters with its ceiling fan, huge dressing area plus built-in wardrobes and private ensuite bathroom with a shower and timber vanity cabinetry. At the rear, a fabulous pitched patio encourages covered alfresco entertaining out on the Marbu decking floors, overlooking a splendid backyard-lawn area that the kids and pets will love.
Also outside, a large lock-up workshop 6mx12m is every tradesperson's wish - and doubles as the perfect "man cave". Out front, there is another double lock up garage and there is ample driveway parking space at the horse shoe double driveway for everyone's car - and other large toys.
Be pleasantly surprised by being able to walk to the likes of Maddington Primary School, Maddington Central Shopping Centre, Maddington Train Station and picturesque waterside parklands form here, whilst bus stops on Albany Highway, restaurants, fitness facilities and more are all nearby and very much within arm's reach. Now this is a location that most can only ever dream about!
Other features include, but are not limited to:
• Ceiling fans to the front lounge room and family/living area
• 2nd/3rd/4th minor bedrooms with built-in double robes and space for study desks within
• Practical main family bathroom with a separate bath and shower
• 3 WC
• Functional laundry, with double wash troughs
• Double linen cupboard
• Character ceiling roses, cornices and feature skirting boards
• High ceilings
• Daikin Ducted air-conditioning + house is fully insulated
• Instantaneous gas hot-water system
• Vegetable gardens
• Shade sail to the back garden
• Lush green lawns
• Bore reticulation (bore pump is replaced only 1 year ago)
• Fruit trees (apple, apricot, grapes and mandarins)
• Heugelkultur organic raised garden beds
• Double lock-up garage + space for 2 cars at the workshop
• Heaps of room for a future swimming pool, if needed
• Your future is secured with this 2,002sqm (approx.) block zoned R30 with potential to build 6 units
• Also potential to retain the home and develop behind
Distances to (approx.):
• Maddington Primary School - 1.0km
• Maddington Train Station - 1.6km
• Centro Maddington Shopping Centre - 1.7km
• Perth Airport (T1 & T2) - 13.2km
• Perth CBD - 18.8km
Water rates: $1219p/a (approx.)
Council rates: $2416p/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.