Estimated market value: Estimated to be around $510,000, with a range from $440,000 to $580,000 (Domain). Property.com.au estimates $489,000.
Notes: The property's value has increased by 3.3% in the last month and 1.1% since it last sold in 2024.
June 30, 2024 - $500,000
August 28, 2020 - $235,000
July 14, 2012 - $320,000
July 2, 2009 - $263,000
June 29, 2003 - $120,000
May 14, 1999 - $71,500
Type:
House
Bedrooms:
3
Bathrooms:
1
Land (sqm):
486
Car/Garage:
1 (single undercover carport)
Estimated weekly rent:
$630 (Realestate.com.au)
Estimated rental income ranges from $570 to $695 per week. The median rent for houses in Lockridge is around $580-$600 per week, with an estimated rental yield of 6.5% for this property, higher than the Lockridge average of 5.3%. [4, 7, 22, 27]
Rental vacancy rate:
0.3% - 0.32% in Lockridge.
Council rate:
Approximately $1,700 / year (based on a comparable property in Lockridge).
Water rate:
Approximately $1,031 / year (based on a comparable property in Lockridge).
Strata fee:
N/A (House, not subject to strata fees).
Home and content insurance price:
Requires a direct quote based on specific property features and desired coverage.
LGA:
City of Swan [5, 11, 34, 40, 43]
Zoning:
Residential (Urban Zone, Residential)
Bushfire:
The property is located within the City of Swan, which is identified as a bushfire-prone area. However, no specific bushfire overlays were detected for this property or similar nearby properties. [5, 13, 24, 34, 42]
Flood:
Not detected.
Heritage:
Detected.
State Government:
Morley-Ellenbrook Train Line development
Ongoing significant public investment in Lockridge and Midland areas
Local Government:
New housing and job growth initiatives
Potential for subdivision and development (indicated by planning enquiries for nearby properties)
Altone Rd After Morley Dr (Bus) - Bus Stop (1 min walk)
Altone Rd Before Diana Cr (Bus) - Bus Stop (2 min walk)
Bassendean Train Station - Train Station (accessible by bus)
Success Hill Station - Train Station (35-38 min walk)
Noranda Station - Train Station (49-55 min walk)
Lockridge is considered an affordable area with strong growth potential. The median time to sell a house is 7-98 days.
April 2024 - April 2025 | $586,500 (all houses), $585,000 (3-bedroom houses)
May 2024 | $668,000 (median value)
Past 12 months (median sale price) | $576,000
Houses: Up 19.7% (Realestate.com.au)
Houses: Up 27.39% (Real Estate Investar)
Houses: Up 33.95% (YIP)
3-bedroom houses: Up 21.6% (Realestate.com.au)
Houses: Up 34.0% (Property data)