10 The Ridge, Woodvale WA 6026
10 The Ridge, Woodvale WA 6026
5 bed family house | 778m² block | upper-end Woodvale | strong family demand
This is a genuinely substantial family property, one that stands out in Woodvale for its combination of five bedrooms and a generous 778m² block. Houses of this size are not common in the suburb, and the configuration suggests a layout built around family life, with enough space for multiple living zones, home offices, or guest accommodation. The internal area of around 184m² is practical rather than sprawling, but the land is the real draw here, offering room for outdoor living, gardens, or future additions. This property sits comfortably in the upper tier of Woodvale’s established housing market, and it will appeal most to larger families or buyers who prioritise bedroom count and outdoor space over modern finishes or a recent build. The suburb itself is mature, family-oriented, and seeing active demand, which supports confidence in this type of property holding its position in the market.
The age of the house and its finishes are likely to be the main factors shaping how buyers view the price. An older established home on a large block often means the value sits more in the land and the layout than in the presentation, so condition will matter. Buyers should weigh whether they are comfortable with a property that may need updating or renovation over time, and how that compares to newer or more polished options nearby. The strength of the family market in Woodvale, combined with the rarity of a five-bedroom house on this size block, may support a premium, but that will depend on how the property presents and how motivated buyers respond to its condition.
|| Comparable Sales: 10 Greenoak Place sold around $1.36M, 10 Monterey Drive sold at $186k in 1995 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, five-bedroom layout, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 10 The Ridge, Woodvale WA 6026
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Woodvale is a long-established family suburb with a mature housing stock, bounded by major arterial roads ensuring strong connectivity. Demand is driven by families seeking stability, evidenced by exceptionally fast sales times. The market exhibits robust price growth, reflecting high competition for limited listings. Future performance is underpinned by this sustained demand against constrained supply, though its premium positioning may present affordability constraints during economic shifts.
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PropCred Estimated Value
Comparable Sales: 10 Greenoak Place sold around $1.36M, 10 Monterey Drive sold at $186k in 1995 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, five-bedroom layout, condition and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
778m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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