Waikiki at a glance
13,590
People
$838,000
Median sale
$616/wk
Median rent
3.82%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
$1,420,000
Last sold
23 Feb 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
781 m²
Land
191 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$1,420,000
23 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Waikiki (last 5 years) with land size have a median of $1,239/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Waikiki at a glance
13,590
People
$838,000
Median sale
$616/wk
Median rent
3.82%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Vs Waikiki
+69.5%
Median sale
Suburb $838,000
-1.56 pp
Gross yield
Suburb 3.82%
Suburb median $838,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ROCKINGHAM
Zone
Residential
1
Jurisdiction
Rockingham
Rockingham, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 781 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $616/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.
2 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 781 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?
KnownmediumOfficial parcel about 1,285 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Waikiki at a glance
13,590
People
$838,000
Median sale
$616/wk
Median rent
3.82%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthSome homes feel busy the moment you step inside. This one feels settled. Polished jarrah floors guide you through a wide entry hall, doors open easily to the garden, and the sea breeze finds its way in without being invited. There is a sense of ease here, a home that has been lived in and loved, just moments from the coast.
Where It All Happens
Set on a generous 781m² block in a quiet pocket of Waikiki, 12 Blakey Street sits within easy walking distance of one of Perth's most beautiful beaches. Everyday conveniences are close by, including schools, shops, cafes, and transport, yet the home remains private and calm, framed by established gardens that soften the street and create a true sense of retreat.
The Details That Matter
Offering 191m² of internal living, this character home blends original detailing with thoughtful updates that support modern living. A dedicated entry hallway leads into the main living and dining space, where timber French doors open onto a wraparound deck, encouraging natural light, airflow, and easy movement between inside and out.
The kitchen has been upgraded with care, retaining the home's warmth while adding practical features including engineered stone benchtops, an induction cooktop, dishwasher, soft closing cabinetry, and a ceramic double bowl sink with a peaceful garden outlook. It is a space designed for conversation as much as cooking.
Three generous bedrooms sit along the main corridor, all with built-in wardrobes and easy-care jarrah flooring. The master suite is privately positioned at the rear of the home and includes its own ensuite along with direct access to the verandah, offering a quiet retreat from the rest of the house. The main bathroom continues the home's original character with period tapware, a glass-enclosed shower, and a claw foot bath that invites you to slow down at the end of the day.
Year-round comfort is taken care of with evaporative air conditioning, ducted heating, insulation, and solar panels to help manage energy costs without compromising comfort.
Outside, the rear of the property is designed for relaxed living rather than show. A covered gabled patio creates a natural gathering space, overlooking a lawn framed by established garden beds and a swimming pool that becomes part of daily life through the warmer months. Secure caravan or boat hardstand parking with rear access, along with a double garage, adds practicality without intruding on the home's charm.
Who It's Made For
This home will appeal to families wanting space and a relaxed coastal rhythm, buyers who appreciate the warmth and individuality of older homes, and those seeking a lifestyle that values comfort, connection, and longevity. It is equally suited to upsizers or downsizers who want character without sacrificing function.
The Bottom Line
12 Blakey Street is a home that doesn't need to impress loudly. Its appeal is in how it lives day to day, from quiet mornings on the verandah to evenings that drift between indoors and out. With space, soul, and the beach close enough to feel part of everyday life, this is a home that settles in with you and stays.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Sara Walker, The Agency Perth — reproduced as published, not verified by Districts.