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WA › Edgewater › Wedgewood Dr

1 Wedgewood Dr, Edgewater WA 6027

House

$430,000

Last sold

7 Dec 2022

3

Bedrooms

1

Bathrooms

1

Car spaces

515 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $430,000 (7 Dec 2022).(Recorded sale)
  • FactLand 515 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Edgewater (last 5 years) with land size: median $990/m² of land (n=72). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$430,000

7 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Edgewater (last 5 years) with land size have a median of $990/m² of land (n=72). Districts calculation from recorded sales — not a valuation.

Edgewater at a glance

5,238

People

$1,161,000

Median sale

$658/wk

Median rent

2.95%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Edgewater report →

Vs Edgewater

-63.0%

Median sale

Suburb $1,161,000

+5.01 pp

Gross yield

Suburb 2.95%

Suburb median $1,161,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$430,0007 Dec 2022
  2. Listedprice unknowncompleted15 Sept 2022
  3. Listedprice unknowncompleted15 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 515 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $658/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 515 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Edgewater in one glance

Edgewater at a glance

5,238

People

$1,161,000

Median sale

$658/wk

Median rent

2.95%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Edgewater report →

Keep researching

  • Why Edgewater? Read the area thesis →
  • What else is on the market in Edgewater →
  • Other records on Wedgewood Dr →

Listing material

Listed by Harcourts Alliance Joondalup

Sold Sold Sold

Current BID: $430,000. LAST viewing Sunday 11.00-11.45 am, before Final bidding phase on Wednesday, 5th Oct. Must be registered to bid!!! For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.

Need to downsize, looking for your first home, love to do cosmetic renovations- without breaking the bank? Fed up of feeling there's nobody around- it's a hike to get to the shops or the block's been stripped of its vegetation?

Well you've hit the jackpot here.

Read the full description

It may be a bit older but all the rooms have proper windows, no bedrooms with a narrow, conforming, apology for daylight. The block may be a bit bigger but at 515 sqm it has an outside living area, with patio, a spot to grow the veggies, a water feature and drying area and those vitally important trees. You're not in a sterile concrete block, the birds will still come visiting. You can sit out at the front and have a wave or a chat with the friendly neighbours. The back yard has apple trees, orange, plum and olives.

The walk to the local shops is just right for the retired or busy Mums- far enough for exercise not too far to have to get the car out. The bus is easy- the train station -a brisk walk and the delightful Lake Joondalup surrounds all on the flat, wander down at your leisure. The schools found in the suburb have excellent reputations.

About the house: Three bedrooms are a reasonable size. The master has a semi ensuite bathroom with the separate toilet just beyond. The built- in robe space is bigger than average, lending itself to a Bunnings type renovation, the master has roller shutters to the windows.

The bathroom contains a bath and a separate shower, the WC is off the adjacent laundry.

The lounge/dining at the front of the home, with the window to spot the birds feeding and splashing in the bird bath. The solid wood block flooring enhances this space. The dining area is adjacent to the kitchen. The kitchen format is original but has enough space to modernize or extend into the dining area. The kitchen window is directly onto the patio area and gives views into the beaut back yard.With a recent cooker it is fine as is until you decide what you want to do. The family room can be used for meals, sitting or a kid's play area. With access to the outdoors and potential for all year round use just outside the door - wind up that imagination.

The practical parts: there are two sheds and room for a larger shed/workshop. The hot water system is gas instantaneous. There are two split system A/c units, older style. R/Cycle to lounge, sold as seen: bedroom A/C not working. Manual roller blinds to the master bedroom. The peace making, water feature to the rear stays with the home. The enclosed carport can have a second car or a trailer, drive through. The recent security upgrade gives peace of mind.

Edgewater's location is second to none-between the Lake and the Ocean on a hill so you can see both from the suburb. The rail and the freeway run closely, with access up and down the coast via Edgewater Train station and Ocean Reef and Hodges Drive freeway accesses.

The beach is 10 minutes away by car but that gets you out of the immediate "salt zone". Battered windows, birds and plants occur infrequently. Today the water birds will be seeking shelter on the Lake as the gales whip through the beach crowd.

Lakeside shopping centre and all the Joondalup CBD is available by bus, train or a 5-10 minute car ride traffic dependent. Education, hospital, cafes, council activities business centre are all ready and waiting.

• Three bedrooms one semi-ensuite bathroom

• Lounge/ dining with solid timber wood floor, reverse cycle a/c

• Family room with patio access, massive entertainer's patio

• 515 sqm Block. Potential for workshop or trailer.

• Enclosed car port room for 2 cars behind garage door.

• Excellent location -walk to the shops, Regional Park, Lake, bus ,train station

Cycle to Joondalup, ECU, TAFE, Police Academy

Travel out or stay in;

Edgewater has most of the answers you seek for a balanced lifestyle.

Invest or Nest! Opportunity Knocks NOW!

Listing description written by Helen Anderson, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.