Back 118 Riseley St
Off Market

118 Riseley St

Ardross WA 6153

4
2
3
790 m²
House
Last sold for $1,520,000
Matthew PodestaMatthew Podesta, last sold this property on 01 September 2025 after 48 days on market.

Overview

A sound investment

An exceptional and strategic opportunity in one of Perth's most tightly held suburbs. This level 790sqm block, zoned R40, offers outstanding potential for future development (subject to WAPC and Council approval) in a premium lifestyle location just meters from Garden City and key transport corridors. The existing home features four bedrooms, two bathrooms, and two separate living zones. Currently leased at $1,000 per week, it provides a solid rental return, making it a smart land banking option with immediate income. Perfectly positioned within walking distance of Garden City Shopping Centre, Riseley Street cafés, parklands, and public transport, the property also sits within highly sought-after school catchments Ardross and Mount Pleasant Primary, and Applecross Senior High School. With R40 zoning, surging demand for quality infill, and strong local growth, this is a rare chance to secure a blue-chip development site in a suburb that consistently delivers. Opportunities like this are few and far between.

Features

4 bedrooms
2 bathrooms
3 carspaces
3 carport spaces
790 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ardross over the last 12 months, the estimated median property value of 118 Riseley St is $1.95m.

Median value
$1.95m
Estimated value range
$760k - $3m
Median days on market
35
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ardross. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118 Riseley St

2025
Sold
$1,520,000
01 Sep 2025 by Matthew Podesta, of Mont Property
2018
Rented
Undisclosed
Leased on 27 Aug 2018 by Mont Property
2018
Sold
$950,000
01 Jun 2018 by Peter Zambotti, of Mont Property

Happy sellers in Ardross

95%
95% of sellers in Ardross reported that their sale price either exceeded or met their price expectations.

Ardross stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Ardross over the last 12 months.

Local market activity for 4 bedroom houses in Ardross

In the last 12 months, 31 four-bedroom houses similar to 118 Riseley St, have been sold.

This represents a 25% increase in four-bedroom houses sales when compared to the previous 12 months.

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