1/131 Lord Street, Lockridge WA 6054

1/131 Lord Street, Lockridge WA 6054
Property: 1/131 Lord Street, Lockridge WA 6054 Type: Duplex half (also listed as unit, house-unit standard)[1][2][4] Bedrooms: 3[1][2][4] Bathrooms: 1[1][2][4] Toilets: 1[1] Built year: 1968[1][2] Land size: 399mยฒ (sources vary: 399mยฒ, 415mยฒ)[1][2][6] Internal floor area: 100mยฒ[2], 90mยฒ[4] Car spaces: 4 total (1 garage, 3 open)[1][4] Parking: Plenty of space front and side, side access[2] Features: Solid timber floors, reverse-cycle air-conditioning, ceiling fans, front formal living, separate laundry, gas cooking, enclosed rear patio (could double as activity/living room), shed, spacious rear yard[2] No strata fees[2] Overlays: Bushfire, flood, heritage[1] Mobile coverage: 5G[1] Council: Swan[1] Current status: Listed for sale offers from $699,000 (listed 11 Mar 2026), sold 19 Mar 2026[2][4][5][8] Estimated value: $641k[1], $716k[1], $660k (range $570k-$750k)[4] Past sales: Sold Jan 2021 $226k[4], May 2006 (amount not specified)[4] Rental estimate: $550-$655pw[1], $600pw[1], $650pw[1], $645pw +5.06% yield[4] School catchments: Lockridge Primary School (0.5km, K-6, coed, government)[4] Kiara College[1] Durham Road School (4.9km, K-12, coed, government)[4] Neighbouring properties: 131 Lord Street (other half of duplex?): 3 bed 1 bath duplex, 815mยฒ lot, est $696k, rental $650pw, sold 12 Mar 2021, bushfire/flood/heritage overlays, 5G, NBN Fibre to Node[3] Location notes: Easy reach of Bassendean town center, Swan Valley attractions[2] Room for kids/pets[2] Comparable sales nearby: No specific other recent sales listed in results. Neighbour 131 Lord St sold Mar 2021. Suburb comparison: No direct typical stock data in results for Lockridge. Rental demand/yield: Estimates $550-655pw, yield signals around 5%[1][4] Buyer profiles: No data in results. Developments/infrastructure/zoning: No data in results. Neighbourhood character: No data in results.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/131 Lord Street, Lockridge WA 6054
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Market Insight:

Lockridge presents a compelling entry point for buyers seeking value in a rapidly appreciating market, with its house segment experiencing exceptionally strong growth and high rental demand. This momentum is primarily driven by owner-occupiers, evidenced by brisk sales and a very tight vacancy rate, creating a competitive environment for well-priced stock. While the unit market shows divergent performance, the overall conditions for houses indicate sustained pressure from limited supply and high buyer activity, though future affordability constraints may emerge as a natural check on this rapid price escalation.
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