SOLD
Sold on 05 Jul 2024 for $290,000

1 Petalite Place
Mount Richon WA 6112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 744m2
Sold By
Armadale Real Estate
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Property Details for 1 Petalite Pl, Mount Richon

Building Type
Land
Land Size
744m2
Local Government
Armadale
Lot/Plan
206/P010809

Last Listing description (August 2024)

Build your dream home you've always wanted! Or look at the possibility's of subdividing the block, build on one side and sell the other block to offset your building or development costs? (subject to approvals)Location is everything, this zoned R15/25 block, 744 m2 block is nestled in the foothills of Perth, ready for subdivision or straight to building! This fantastic block is 4 minutes from Minnawarra Park and the well-appointed Armadale Shopping Centre. There are many restaurants, cafes and green spaces to access, including Araluen Botanical Park. Schools, childcare facilities, public transport, and Armadale Fitness and Aquatic Centre are less than a 10-minute drive away. The property offers the growing family or developer a fantastic opportunity to secure a piece of Perth Real Estate. What more could you want? It is a lavish lifestyle here in Mount Richon! You'll need to move fast to secure this one!Call Michael Leivers today for more information on 0438 440 760

Property History for 1 Petalite Pl, Mount Richon, WA 6112

A timeline of how this property has performed in the market
Last Sold
$290,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $290,000
  • 03 Jul 2024
    Listed for Sale UNDER OFFER
  • 26 May 2023
    Listed for Sale Offers From $200,000
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About Mount Richon 6112

The size of Mount Richon is approximately 2.1 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Mount Richon in 2011 was 2,105 people. By 2016 the population was 1,991 showing a population decline of 5.4% in the area during that time. The predominant age group in Mount Richon is 50-59 years. Households in Mount Richon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Richon work in a trades occupation. In 2011, 89.6% of the homes in Mount Richon were owner-occupied compared with 89.5% in 2016.

Mount Richon has 862 properties. Over the last 5 years, Houses in Mount Richon have seen a 93.68% increase in median value, while Units have seen a 108.12% increase. As at 30 November 2024:

  • The median value for Houses in Mount Richon is $810,337 while the median value for Units is $476,612.
  • Houses have a median rent of $610.
There are currently 6 properties listed for sale, and 1 property listed for rent in Mount richon on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Mount richon.

Suburb Insights for Mount Richon 6112

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.