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.
WA › Edgewater › Edgewater Dr
$862,800
Last sold
8 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$862,800
8 Apr 2022 · derived via latest_sale
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.
Vs Edgewater
-25.7%
Median sale
Suburb $1,161,000
+1.02 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 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. 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 $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.
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.
Nearby development pipeline
UnknownArea
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.
Listing material
Listed by Peard Real EstateDirectly opposite Lake Joondalup & Picnic Cove offering a location many buyers dream of and envy but fail to obtain.
Imagine the views and wildlife you will be fortunate enough to enjoy for the decades to come.
It's almost like having your own slice of bushland retreat with stunning national parklands to the front and a private outlook to the rear as it backs on to the old quarry parklands.
This large family 4x2 home sits on a massive 1048m2 sub dividable lot in a prime parkland/lake side location, astute buyers crunch the numbers as this home is priced to sell.
With land selling for well over $1000/m2 you could prosper in the future; you could possibly create two dream lots consisting of a front and rear lot or maybe side by side?
Planning permission must be sought.
Then build your dream home like some neighbours have done then sell off the remaining lot to reduce your debt.
OHHH Opportunity knocks.
Or finish off what the current owners have started in tacking this home from and 1980s classic to an open plan modern large family masterpiece.
FEATURES
• Sub dividable 1048m2 lot
• Prime highly sought-after location directly opposite Picnic Cove and Lake Joondalup
• Off street parking
• Large double garage with rear access
• RC zoned AC ducted throughout
• New carpets throughout and freshly decorated in modern sheer whites
• Entrance hallway with quality newly laid modern floor tiling
• Large formal lounge and dining area to front
• Large master bedroom with large parent's retreat (would make a great dressing room) patio doors to courtyard, walk-in robe
• Large ensuite with glass corner shower, WC, vanity basin and with floor to ceiling tiling
• Bedroom 4/study home office sliding robe storage currently used as a home office
• Dining area with patio doors to courtyard
• Impressive fully renovated large kitchen that sits central to this family family home overlooking an expansive family living/games area with modern newly laid quality tiled flooring, high racked ceilings and heaps of light pouring in from expansive used of windows
• Kitchen offers quality appliances, heaps of storage space/bench space with large wrap round design, tiled splash backs, large pantry and fridge recess
• Two huge rear minor bedrooms both with x2 double fitted robes and one being semi ensuite to family bathroom
• Large family bathroom with vanity basin, shower and bath
• Large laundry with access to sep WC
• Large A-frame rear patio
• Good size rear garden shed
• Loads of rear garden perfect for kids or pets or maybe to install a BGP
• Large front gardens that could be utilised to further make the most of the views and homes Parkside location
Buyers are always asking me for big homes in sought after locations well this one has it all, so don't hang about!!
Call the selling agents for any information;
TONY MULLEN, TEAM EDGEWATER & PEARD mobile 0402020331
Listing description written by Tony Mullen, Peard Real Estate — reproduced as published, not verified by Districts.
Nearby 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.