Currambine at a glance
7,505
People
$1,140,000
Median sale
$777/wk
Median rent
3.54%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
WA › Currambine › Palace Way
$985,000
Last sold
14 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
542 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$985,000
14 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Currambine (last 5 years) with land size have a median of $1,788/m² of land (n=121). Districts calculation from recorded sales — not a valuation.
Currambine at a glance
7,505
People
$1,140,000
Median sale
$777/wk
Median rent
3.54%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Currambine
-13.6%
Median sale
Suburb $1,140,000
+0.56 pp
Gross yield
Suburb 3.54%
Suburb median $1,140,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 542 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $777/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 542 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Currambine at a glance
7,505
People
$1,140,000
Median sale
$777/wk
Median rent
3.54%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Gold Key RealtyOffering quality throughout, this stunning two storey home presents an unrivalled opportunity to secure your dream property! Immaculately presented and loaded with extras, this warm and welcoming 4 bedroom 2 bathroom home is ready for you to move in and make your own. The home design offers something for the whole family and features a practical layout with an abundance of internal living space, generously proportioned bedrooms, theatre room, large kitchen and beautiful timber flooring throughout. Also features a low maintenance, paved backyard and covered entertaining area overlooking a below ground swimming pool, allowing you to relax or entertain all year round.
Perfectly situated on a corner block overlooking Fairmont Park and just 250m to Currambine Primary School, 11 Palace Way is an opportunity not to be missed! Currambine as a suburb offers residents local amenities and conveniences at their doorstep and is positioned just minutes to local schools, Currambine Train Station, Lakeside Joondalup Shopping Centre, Burns and Iluka Beaches and easy access to the freeway, you've definitely hit the jackpot with this location! This property is ideal for the growing family and presents you with the perfect opportunity to be a part of the coastal lifestyle. Call today for further information on the home and for YOUR inspection as this one will not last long!
Key features include:
Ground Level:
* Front and side paved yards with easy care gardens
* Double door entry hall with quality timber flooring throughout
* Double doors to theatre/loungeroom room inc gas point
* Main bedroom inc walk-in robe and semi-ensuite bathroom
* Bathroom inc shower and vanity basin sink with a separate powder room
* Spacious open plan kitchen, family and meals inc gas point
* Superb kitchen inc large fridge recess, overhead cupboards, built-in pantry cupboard, microwave recess, built-in wall oven, s/s rangehood over s/s gas cooktop, double s/s sink, dishwasher, and island bench with breakfast bar
* Laundry inc s/s trough sink, overhead cupboards and built-in linen cupboard
* Understairs storage cupboard
Upper Level:
* Large living/games area with distant ocean views
* Guest/4th bedroom inc double door built-in robe and semi ensuite bathroom
* Well appointed 2nd bathroom inc shower, bath, double vanity basin and toilet
* Generous sized 2nd and 3rd bedrooms inc double door built-in robes
* Double French doors to balcony overlooking parklands and distant ocean views
* Ducted evaporative air-conditioning
* Completely private backyard inc large alfresco and patio over liquid limestone paved outdoor entertaining area overlooking a fantastic below ground swimming pool
* Double garage inc remote door, additional workshop/storage area and shoppers entry to home
* Low maintenance, paved and easy-care front and rear yards
* Solar panels and gas storage hot water system
* Built in 2005 by Perceptions on 542 sqm block with approx 226 sqm internal living area
Please note virtual images have been included for illustration purposes only.
Listing description written by Joe Morrow, Century 21 Gold Key Realty — reproduced as published, not verified by Districts.